Zacks Investment Research
Coverage of Zacks Investment Research in the Nexus archive.
- South Plains Financial: Q2 Earnings Snapshot
South Plains Financial, Inc. (SPFI) reported second-quarter net income of $19 million and earnings of 96 cents per share. The company generated $89.1 million in revenue, with interest expense net revenue of $64.5 million matching analyst forecasts.
- Regions Financial: Q2 Earnings Snapshot
Regions Financial Corp. reported second-quarter earnings of $570 million, or 64 cents per share, exceeding Wall Street expectations. The company's revenue net of interest expense was $1.91 billion, below forecasts of $1.95 billion.
- Prologis: Q2 Earnings Snapshot
Prologis Inc. reported second-quarter funds from operations (FFO) of $1.63 per share, exceeding analysts' estimates of $1.53 per share. The company also posted revenue of $2.43 billion and adjusted revenue of $2.18 billion, with full-year FFO guidance set between $6.22 to $6.30 per share.
- Bank7: Q2 Earnings Snapshot
Bank7 Corp. reported second-quarter net income of $8.3 million with earnings of 87 cents per share. The company's revenue net of interest expense was $22.9 million, below Street forecasts, but its stock has risen 26% since the start of the year and 14% in the last 12 months.
- Abbott: Q2 Earnings Snapshot
Abbott Laboratories reported second-quarter profit of $928 million, with adjusted earnings of $1.31 per share, exceeding Wall Street's $1.28 per share estimate. The company also posted revenue of $12.59 billion, surpassing expectations of $12.48 billion. However, Abbott shares have fallen 29% this year and 32% in the last 12 months despite the strong earnings results.
- LCNB: Q2 Earnings Snapshot
LCNB Corp. reported Q2 net income of $7.5 million with earnings of 53 cents per share. The company generated $31.7 million in revenue, and its revenue net of interest expense at $25.1 million exceeded Street forecasts.
- GE: Q2 Earnings Snapshot
GE Aerospace reported second-quarter earnings of $2.37 billion, with adjusted earnings of $2.02 per share, surpassing Wall Street's $1.86 per share estimate. Revenue reached $13.35 billion, exceeding analyst forecasts of $11.86 billion. The company projects full-year earnings between $7.65 and $7.85 per share.
- Insteel Industries: Fiscal Q3 Earnings Snapshot
Insteel Industries Inc. reported net income of $9 million (46 cents per share) and revenue of $197.7 million in its fiscal third quarter. The company, based in Mount Airy, North Carolina, specializes in steel wire reinforcing for the concrete and construction industry.
- Commerce: Q2 Earnings Snapshot
Commerce Bancshares Inc. reported second-quarter earnings of $1.10 per share, exceeding the expected $1.04 per share, with revenue of $591.2 million and net interest expense revenue of $498.9 million, surpassing forecasts.
- UnitedHealth: Q2 Earnings Snapshot
UnitedHealth Group Inc. reported second-quarter earnings of $5.48 billion with adjusted earnings of $6.38 per share, surpassing Wall Street expectations. The company also posted revenue of $112.03 billion, exceeding forecasts, and expects full-year earnings in the range of $19.50 to $20 per share.
- United: Q2 Earnings Snapshot
United Airlines reported Q2 earnings of $805 million, exceeding Wall Street's per-share profit estimates but falling short on revenue. The company projects full-year earnings between $9 to $11 per share.
- Union Bankshares: Q2 Earnings Snapshot
Union Bankshares Inc. reported net income of $2.9 million and earnings of 61 cents per share in Q2, with revenue of $23 million and interest expense-adjusted revenue of $14.5 million, which exceeded Street forecasts. The Morrisville, Vermont-based bank holding company disclosed results via an automated insights story using data from Zacks Investment Research.
- Winmark: Q2 Earnings Snapshot
Winmark Corp. reported a second-quarter profit of $10.4 million, with net income of $2.81 per share and revenue of $22 million. The Minneapolis-based franchisor disclosed the results in an earnings snapshot generated by Automated Insights using data from Zacks Investment Research.
- Community Trust Bancorp: Q2 Earnings Snapshot
Community Trust Bancorp Inc. reported second-quarter earnings of $29.6 million, or $1.64 per share, exceeding Wall Street's $1.52 per share estimate. The company also generated $108.8 million in revenue, with net interest expense revenue of $78.5 million, surpassing forecasts of $76.3 million.
- First Horizon: Q2 Earnings Snapshot
First Horizon National Corp. reported second-quarter earnings of $271 million, or 54 cents per share, exceeding Wall Street expectations of 52 cents per share. The company also generated $1.24 billion in revenue, with net interest expense revenue of $887 million, surpassing forecasts of $873.5 million.
- Johnson & Johnson: Q2 Earnings Snapshot
Johnson & Johnson reported second-quarter net income of $5.53 billion with adjusted earnings of $2.90 per share, exceeding Wall Street expectations. The company also posted revenue of $25.31 billion, above forecasts, and provided full-year earnings and revenue guidance.
- Elevance Health: Q2 Earnings Snapshot
Elevance Health Inc. reported second-quarter profit of $1.46 billion with adjusted earnings of $7.45 per share, surpassing Wall Street expectations of $6.18 per share. The company's revenue reached $50.47 billion, exceeding forecasts of $48.45 billion, and it projects full-year earnings of $27 per share.
- BlackRock: Q2 Earnings Snapshot
BlackRock reported second-quarter profit of $1.91 billion with adjusted earnings of $13.91 per share, exceeding Wall Street expectations. Revenue reached $7.08 billion, also surpassing forecasts, but the company's shares have declined 4% year-to-date and 8% over the past 12 months.
- ASML: Q2 Earnings Snapshot
ASML Holding NV reported second-quarter earnings of $3.39 billion with a profit of $8.81 per share, surpassing the average analyst estimate of $7.98. The company's revenue reached $10.84 billion, and its shares have risen 66% this year, more than doubling in the past 12 months.
- Global Education Communities: Fiscal Q3 Earnings Snapshot
Global Education Communities Corp. (GECSF) reported a $485,000 loss in its fiscal third quarter, equivalent to 1 cent per share, despite generating $3.9 million in revenue. The company operates business, technical, and language colleges in Vancouver, British Columbia.
- VivoSim: Fiscal Q4 Earnings Snapshot
VivoSim Labs, Inc. (VIVS) reported a $5.8 million loss in its fiscal fourth quarter, with $2.21 per share loss and $40,000 in revenue. The company posted a $13.8 million annual loss, or $5.35 per share, with $131,000 in yearly revenue. The San Diego-based firm focuses on commercializing functional human tissue for drug and biological research.
- Equity Bancshares: Q2 Earnings Snapshot
Equity Bancshares Inc. reported second-quarter net income of $26.4 million with earnings of $1.27 per share, exceeding Wall Street expectations. Adjusted earnings were $1.41 per share, while revenue net of interest expense was $81.9 million, below forecasts.
- Phoenix Education: Fiscal Q3 Earnings Snapshot
Phoenix Education Partners, Inc. reported fiscal Q3 net income of $39.2 million with earnings of $1.01 per share, exceeding Wall Street expectations. The company posted revenue of $271.8 million, also above forecasts, and anticipates full-year revenue of $1.02 billion.
- Rocky Mountain Chocolate: Fiscal Q1 Earnings Snapshot
Rocky Mountain Chocolate Factory Inc. (RMCF) reported a $1.2 million loss in its fiscal first quarter, with a loss of 12 cents per share. The company's revenue for the period was $6.1 million. The report was generated by Automated Insights using data from Zacks Investment Research.
- Wells Fargo: Q2 Earnings Snapshot
Wells Fargo & Co. reported second-quarter earnings of $6.41 billion, or $2 per share, surpassing Wall Street expectations of $1.73 per share. The company's revenue net of interest expense was $22.62 billion, exceeding analyst forecasts of $21.8 billion.
- AngioDynamics: Fiscal Q4 Earnings Snapshot
AngioDynamics Inc. reported a fiscal Q4 loss of $11.4 million, or 27 cents per share, with adjusted losses of 7 cents per share and revenue of $86.6 million. For the full year, the company's loss widened to $36.7 million, or 88 cents per share, with revenue of $320.2 million. The stock has declined 0.5% year-to-date but gained 37% over the past 12 months.
- Unity Bancorp: Q2 Earnings Snapshot
Unity Bancorp Inc. reported second-quarter earnings of $1.42 per share, missing Wall Street expectations of $1.44 per share. The company's revenue net of interest expense was $33.7 million, also below forecasts, with total revenue at $48.6 million.
- FB Financial: Q2 Earnings Snapshot
FB Financial Corp. reported second-quarter earnings of $58.6 million, or $1.13 per share, meeting Wall Street expectations. Adjusted earnings were $1.14 per share, aligning with the average estimate of three analysts. The company generated revenue of $255.2 million, with net interest expense at $174.8 million, exceeding forecasts.
- Simulations Plus: Fiscal Q3 Earnings Snapshot
Simulations Plus Inc. reported a net income of $3.6 million in its fiscal third quarter, with adjusted earnings of 30 cents per share and revenue of $21.9 million. The company, based in Research Triangle Park, North Carolina, disclosed these results in a report generated by Automated Insights using data from Zacks Investment Research.
- Northern Technologies: Fiscal Q3 Earnings Snapshot
Northern Technologies International Corp. (NTIC) reported a fiscal third-quarter loss of $263,000, or 3 cents per share, with adjusted losses at 2 cents per share. The company generated $24.2 million in revenue during the period.
- Simply Good Foods: Fiscal Q3 Earnings Snapshot
Simply Good Foods Co. reported a $52 million loss in its fiscal third quarter, with a 58-cent per-share loss. Adjusted earnings were 42 cents per share, exceeding Wall Street's 35-cent estimate. Revenue reached $357 million, surpassing forecasts of $331.3 million. The company projected current-quarter revenue between $322 million and $332 million and full-year revenue between $1.35 billion and $1.36 billion.
- PepsiCo: Q2 Earnings Snapshot
PepsiCo Inc. reported second-quarter net income of $2.98 billion, or $2.18 per share, surpassing Wall Street expectations of $2.19 per share. The company's revenue reached $24.18 billion, exceeding forecasts of $23.87 billion.
- Helen of Troy: Fiscal Q1 Earnings Snapshot
Helen of Troy Ltd. reported fiscal first-quarter net income of $35.8 million ($1.51 per share) and revenue of $402.1 million, both exceeding analyst expectations. The company provided full-year guidance of $3.25 to $3.75 per share in earnings and $1.76 billion to $1.83 billion in revenue.
- Saratoga Investment: Fiscal Q1 Earnings Snapshot
Saratoga Investment Corp. reported a $6.9 million loss in its fiscal first quarter, with a loss of 42 cents per share. Adjusted earnings were 47 cents per share, below the 54 cents per share expected by analysts. Revenue of $30.8 million also fell short of the projected $31.7 million.
- Franklin Covey: Fiscal Q3 Earnings Snapshot
Franklin Covey Co. reported fiscal third-quarter net income of $3.1 million, with adjusted earnings of 34 cents per share, surpassing Wall Street expectations. However, revenue of $67.8 million fell short of forecasts, and the company projected full-year revenue between $260 million and $267 million.
- Greenbrier: Fiscal Q3 Earnings Snapshot
Greenbrier Companies Inc. reported fiscal Q3 earnings of $18.9 million with 60 cents per share net income and $576.5 million in revenue. The company projected full-year earnings of $3 to $3.15 per share and revenue between $2.4 billion to $2.5 billion.
- MSC Industrial: Fiscal Q3 Earnings Snapshot
MSC Industrial Direct Co. reported fiscal Q3 profit of $80.4 million with adjusted earnings of $1.43 per share, exceeding analysts' expectations of $1.28 per share. Revenue reached $1.05 billion, surpassing forecasts of $1.03 billion.
- AeroVironment: Fiscal Q4 Earnings Snapshot
AeroVironment Inc. reported fiscal Q4 profit of $63.2 million with adjusted earnings of $1.84 per share, exceeding Wall Street expectations. The company posted revenue of $641.6 million, also above forecasts, but reported a full-year loss of $265.1 million. AeroVironment shares have declined 43% this year and 50% in the last 12 months.
- Apogee Enterprises: Fiscal Q1 Earnings Snapshot
Apogee Enterprises Inc. reported fiscal Q1 net income of $11.5 million, reversing a prior-year loss, with adjusted earnings of 57 cents per share and revenue of $342.7 million. The company projects full-year earnings of $2.70-$3.25 per share and revenue of $1.38-$1.43 billion, while its stock has risen 17% year-to-date.
- BlackBerry: Fiscal Q1 Earnings Snapshot
BlackBerry Ltd. reported fiscal Q1 profit of $8.5 million, or 1 cent per share, with adjusted earnings of 4 cents per share, exceeding analysts' expectations. The company generated $152.9 million in revenue and projected Q2 earnings of 3-4 cents per share and full-year earnings of 16-20 cents per share, while its stock has risen 99% over the past year.