Zacks Investment Research
Coverage of Zacks Investment Research in the Nexus archive.
- TJX: Fiscal Q2 Earnings Snapshot
TJX Cos. reported a fiscal second-quarter net income of $1.52 billion and posted revenue of $15.18 billion, both figures which topped analyst forecasts. The per-share profit reached $1.36, significantly beating the average analyst estimate of $1.18 per share. For the full year, the company expects its earnings to fall within a range of $5.15 to $5.20 per share.
- Analog Devices: Fiscal Q3 Earnings Snapshot
Analog Devices Inc. reported fiscal third-quarter earnings of $1.34 billion, with adjusted per-share earnings reaching $3.45, surpassing Wall Street expectations. The company also posted revenue of $4.02 billion for the period, which topped analyst forecasts from Zacks Investment Research. For the upcoming fiscal fourth quarter, Analog Devices expects revenue to range between $4.2 billion and $4.4 billion.
- Target: Fiscal Q2 Earnings Snapshot
Target Corp. reported a fiscal second-quarter profit of $1.88 billion, with net income of $4.11 per share and adjusted earnings of $2.46 per share. The results exceeded Wall Street expectations, including revenue which was $26.54 billion, surpassing the expected $26.13 billion.
- Evogene: Q2 Earnings Snapshot
Evogene Ltd., based in Rehovot, Israel, reported a loss of $1.8 million during its second quarter. The agricultural company recorded revenue of $347,000 and reported losses of 14 cents per share for the period.
- Immatics: Q2 Earnings Snapshot
Immatics N.V., based in TUBINGEN, Germany, reported a loss of $72.6 million for its second quarter. On a per-share basis, the company recorded a loss of 53 cents while also posting revenue of $10.6 million during the period.
- Baidu Inc.: Q2 Earnings Snapshot
Baidu Inc. reported second-quarter net income of $342 million and revenue of $4.62 billion. The web search company stated its adjusted earnings were $1.06 per share, while the net income was 85 cents per share. Despite strong earnings, Baidu Inc. shares have dropped 20% since the beginning of the year.
- H World Group: Q2 Earnings Snapshot
H World Group Limited reported net income of $232 million and 72 cents per share for its second quarter. The hotel operator also posted revenue of $1.05 billion during the period, with adjusted earnings reaching 78 cents per share.
- Braskem: Q2 Earnings Snapshot
Braskem SA reported a second-quarter net income of $658 million, improving significantly from a loss recorded in the same period last year. The petrochemical company posted revenue totaling $4.3 billion and achieved a per-share profit of $1.65. Shares closed at $2.07.
- Melco: Q2 Earnings Snapshot
Melco Resorts and Entertainment Ltd. (MLCO) reported its second quarter earnings while based in Hong Kong. The company stated it posted revenue of $1.25 billion, generating a net income of 6 cents per share, resulting in total earnings of $22.7 million.
- GDS Holdings: Q2 Earnings Snapshot
GDS Holdings Limited reported a net income of $123.1 million for its second quarter, achieving a profit of 56 cents per share. For the period, the company posted revenue totaling $455.1 million. Furthermore, GDS Holdings anticipates full-year revenue will fall within the range of $1.87 billion to $1.92 billion.
- 22nd Century: Q2 Earnings Snapshot
22nd Century Group Inc. reported a loss of $3.3 million in its second quarter, with revenue posted at $2.9 million for the period. The company stated that on a per-share basis, it recorded losses of $104, and adjusted losses amounted to $15.60 per share.
- Yeti: Q2 Earnings Snapshot
Yeti Holdings Inc. reported second-quarter earnings of $71.3 million, with revenue reaching $483.9 million in the period. Both results beat Wall Street forecasts, surpassing the average estimate for earnings and exceeding expected revenue amounts. The company also posted a net income per share of 94 cents.
- Rockwell Medical: Q2 Earnings Snapshot
Rockwell Medical Inc., a Michigan-based company, reported a loss of $1.2 million in its second quarter, or 34 cents per share. The maker of products for treating kidney disease and anemia posted revenue of $17.8 million during the period. Furthermore, Rockwell Medical expects full-year revenue to fall between $70 million and $75 million.
- Birkenstock: Fiscal Q3 Earnings Snapshot
Birkenstock reported a fiscal third-quarter profit of $127.4 million and revenue of $836.5 million, exceeding street forecasts. However, the company's adjusted earnings per share came in at 86 cents, which fell short of the average analyst estimate of 87 cents per share. Birkenstock anticipates full-year earnings between $2.21 to $2.38 per share and revenue between $2.67 billion to $2.73 billion.
- Applied Aerospace: Q2 Earnings Snapshot
Applied Aerospace & Defense Inc. (AADX) reported a $154 million loss for its second quarter. The company posted revenue of $167.3 million in the period and anticipates full-year revenue ranging from $670 million to $690 million.
- Milestone Pharmaceuticals: Q2 Earnings Snapshot
Milestone Pharmaceuticals Inc. reported a loss of $28.6 million and 21 cents per share for its second quarter, missing Wall Street expectations. The company also posted revenue of $559,000, which fell short of the three-analyst forecast of $800,000.
- Kamada: Q2 Earnings Snapshot
Kamada Ltd., based in Rehovot, Israel, reported a second-quarter net income of $9.3 million and revenue of $54.9 million. Both results surpassed Wall Street expectations, as the average estimated earnings was 12 cents per share.
- Kornit Digital: Q2 Earnings Snapshot
Kornit Digital reported a loss of $11.2 million and 26 cents per share for its second quarter, though adjusted earnings were 4 cents per share. The digital textile printer posted revenue of $55.3 million during the period and expects revenue between $55 million and $60 million for the current quarter ending in September.
- WhiteFiber: Q2 Earnings Snapshot
WhiteFiber Inc. reported a loss of $15 million and 39 cents per share during its second quarter. The New York-based company, which operates data centers, generated revenue of $28.8 million in the period.
- Fervo: Q2 Earnings Snapshot
Fervo Energy Co., based in Houston, reported a second-quarter loss of $59.5 million, representing a per-share loss of 38 cents. This result did not meet Wall Street expectations, as the average analyst estimate was for a loss of 9 cents per share. Despite the overall loss, the geothermal energy developer posted revenue totaling $113,000.
- SUNation Energy: Q2 Earnings Snapshot
SUNation Energy Inc reported a loss of $3.3 million and 52 cents per share for its second quarter. The Ronkonkoma, New York-based company stated that it posted revenue of $8.2 million during the same period.
- Similarweb: Q2 Earnings Snapshot
Similarweb Ltd. reported a loss of $3.6 million in its second quarter, representing 4 cents per share. The digital intelligence company generated revenue of $77.2 million, surpassing the three-analyst expected forecast of $75.5 million. For the current quarter ending in September, Similarweb expects revenue to fall within the range of $80.5 million to $82.5 million.
- Performance Food: Fiscal Q4 Earnings Snapshot
Performance Food Group Co. reported a fiscal fourth-quarter net income of $162.3 million, achieving profit of $1.03 per share. Both revenue ($18.03 billion) and adjusted earnings ($1.59 per share) missed Wall Street expectations for the quarter. The company expects full-year revenue to fall between $72.5 billion and $73 billion.
- Trimble: Q2 Earnings Snapshot
Trimble Navigation Ltd. reported revenue of $972 million in its second quarter, which topped Street forecasts. Adjusted earnings came to 86 cents per share, exceeding the average estimate provided by five analysts. The company also issued financial guidance for the third and full fiscal years.
- Brinker International: Fiscal Q4 Earnings Snapshot
Brinker International reported a fiscal fourth-quarter net income of $131.1 million, with per-share net income reaching $2.99. The operator posted revenue of $1.54 billion, exceeding Street forecasts, and reports full-year earnings are expected to be in the range of $12.60 to $13.40 per share.
- Kontoor: Q2 Earnings Snapshot
Kontoor Brands Inc. reported net income of $64.8 million in its second quarter and posted revenue of $584.3 million. The company saw a per-share profit of $1.17, with adjusted earnings coming to $1.50 per share. Kontoor projects full-year revenues between $2.66 billion and $2.71 billion.
- Amcor: Fiscal Q4 Earnings Snapshot
Amcor plc reported a fiscal fourth-quarter net income of $389 million, achieving $1.23 per share, which topped analyst expectations. The packaging company posted revenue of $6.4 billion, also surpassing forecasts set by analysts. For the full year, Amcor reported a profit of $1.11 billion.
- National Vision: Q2 Earnings Snapshot
National Vision Holdings Inc. reported second-quarter net income of $12.4 million and profit of 15 cents per share, with adjusted earnings reaching 25 cents per share. The company posted revenue of $498.8 million for the period, beating Wall Street expectations in both metrics. National Vision expects full-year revenue to be between $2.04 billion and $2.08 billion.
- Neurogene: Q2 Earnings Snapshot
Neurogene Inc. reported a loss of $34.5 million and a loss of $1.53 per share for its second quarter. These results missed Wall Street expectations, as the average estimate from four analysts surveyed by Zacks Investment Research was a loss of $1.40 per share.
- Vestis: Fiscal Q3 Earnings Snapshot
Vestis Corp. reported a profit of $11 million and net income of 8 cents per share for its fiscal third quarter. The company posted revenue of $661.7 million, missing analyst forecasts which expected $670.1 million. Adjusted earnings were 18 cents per share.
- Harvard Bioscience: Q2 Earnings Snapshot
Harvard Bioscience Inc. reported a $2.9 million loss in its second quarter, while posting revenue of $22.7 million for the period. Losses, adjusted for non-recurring costs and amortization costs, totaled 14 cents per share. For the current quarter ending in September, the company expects revenue between $21 million to $22.6 million.
- IHS Holding: Q2 Earnings Snapshot
IHS Holding Ltd. reported a loss of $8.8 million and 3 cents per share during its second quarter. The London-based telecommunications infrastructure company also posted revenue of $428.6 million, with losses adjusted to 4 cents per share.
- Middleby: Q2 Earnings Snapshot
Middleby Corp. reported second-quarter earnings of $54.8 million, achieving a net income per share of $1.21, which beat Wall Street expectations. The food preparation equipment company posted revenue of $875.5 million, also exceeding forecasts. For the full year, Middleby expects earnings to range from $6.73 to $6.89 per share.
- Cardinal: Fiscal Q4 Earnings Snapshot
Cardinal Health Inc. reported fiscal fourth-quarter adjusted earnings of $2.91 per share, which beat analyst expectations, although quarterly revenue of $63.67 billion missed forecasts. For the full year, the company recorded a profit of $1.71 billion and anticipates full-year earnings between $12.40 to $12.60 per share.
- Cardinal: Q2 Earnings Snapshot
Cardinal Infrastructure Group Inc. reported second-quarter net income of $4.7 million, with adjusted earnings reaching 32 cents per share, which missed Wall Street expectations. Although the company's revenue posted at $226.9 million, exceeding forecasts from Zacks Investment Research's estimates, the total net income fell short.
- Lithium Americas: Q2 Earnings Snapshot
Lithium Americas Corp. (LAR) reported net income of $1.4 million during its second quarter. The Vancouver, British Columbia-based company also announced that the per-share net income was 1 cent. This financial data report utilized information from Zacks Investment Research.
- Venture Global: Q2 Earnings Snapshot
Venture Global Inc. reported a second-quarter profit of $1.41 billion, which resulted in a per-share profit of 51 cents. These figures surpassed Wall Street expectations; for instance, seven analysts surveyed by Zacks estimated earnings at 49 cents per share. The company also posted revenue of $4.58 billion, beating forecasts from three analysts who expected $4.5 billion.
- Aramark: Fiscal Q3 Earnings Snapshot
Aramark reported a fiscal third-quarter net income of $97.7 million, or 36 cents per share, with adjusted earnings reaching 52 cents per share. The company also posted revenue of $5.06 billion, surpassing analyst forecasts and leading to strong stock gains.
- Immunic: Q2 Earnings Snapshot
Immunic, Inc. reported a loss of $34.1 million in its second quarter, reporting 80 cents per share loss. These results surpassed Wall Street expectations. The average estimate from six analysts surveyed by Zacks Investment Research was for a loss of $1.24 per share.
- Ampco-Pittsburgh: Q2 Earnings Snapshot
Ampco-Pittsburgh Corp. reported a second-quarter net income of $1.5 million, achieving a profit of 7 cents per share. The steel maker posted revenue of $102.9 million during the period, and company shares have seen significant increases since the beginning of the year.