Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Somnigroup International (SGI) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.76%. A quarter ago, it was expected that this mattress maker would post earnings of $0.51 per share when it actually produced earnings of $0.53, delivering a surprise of +3.92%.Over the last four quarte ...

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Core Insights - Somnigroup International (SGI) reported quarterly earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, but down from $0.63 per share a year ago, resulting in an earnings surprise of +3.92% [1] - The company achieved revenues of $1.88 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.16% and showing a significant increase from $1.23 billion year-over-year [2] - Somnigroup International's stock has increased by approximately 29.9% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.91 on revenues of $2.04 billion, and for the current fiscal year, it is $2.49 on revenues of $7.4 billion [7] - The estimate revisions trend for Somnigroup International was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Retail - Home Furnishings industry, to which Somnigroup International belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment and stock performance [5]

Group 1 - Somnigroup International (SGI) is positioned to maintain its earnings-beat streak, having surpassed earnings estimates by an average of 4.76% in the last two quarters [1][5] - For the most recent quarter, SGI reported earnings of $0.47 per share, which was a surprise of 4.26% compared to the expected $0.49 per share [2] - In the previous quarter, SGI exceeded the consensus estimate of $0.57 per share by reporting $0.60 per share, resulting in a surprise of 5.26% [2] Group 2 - The company's estimates have been trending higher due to its earnings surprise history, and it currently has a positive Zacks Earnings ESP of +2.97% [5][8] - This positive Earnings ESP, combined with a Zacks Rank of 3 (Hold), suggests a strong possibility of another earnings beat in the upcoming report [8] - The next earnings report for SGI is expected to be released on August 7, 2025 [8]

Group 1 - Fortune Brands Innovations (FBIN) reported quarterly earnings of $0.66 per share, matching the Zacks Consensus Estimate, but down from $0.83 per share a year ago [1] - The company posted revenues of $1.03 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.39%, and down from $1.11 billion year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates [2] Group 2 - The stock has declined approximately 20.5% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $1.25 billion, and for the current fiscal year, it is $4.11 on revenues of $4.66 billion [7] - The Zacks Industry Rank for Retail - Home Furnishings is currently in the bottom 15% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]