Latest news with #ZacksConsensusEstimate
Yahoo
2 days ago
- Automotive
- Yahoo
Are Auto-Tires-Trucks Stocks Lagging Aisin Seiki (ASEKY) This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Aisin Seiki Co. Ltd. Unsponsored ADR is one of 102 companies in the Auto-Tires-Trucks group. The Auto-Tires-Trucks group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aisin Seiki Co. Ltd. Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for ASEKY's full-year earnings has moved 30.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, ASEKY has gained about 24.3% so far this year. At the same time, Auto-Tires-Trucks stocks have lost an average of 14.7%. This means that Aisin Seiki Co. Ltd. Unsponsored ADR is performing better than its sector in terms of year-to-date returns. One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is Michelin (MGDDY). The stock is up 11.4% year-to-date. Over the past three months, Michelin's consensus EPS estimate for the current year has increased 1.5%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Aisin Seiki Co. Ltd. Unsponsored ADR belongs to the Automotive - Original Equipment industry, a group that includes 52 individual stocks and currently sits at #97 in the Zacks Industry Rank. Stocks in this group have lost about 0.4% so far this year, so ASEKY is performing better this group in terms of year-to-date returns. In contrast, Michelin falls under the Rubber - Tires industry. Currently, this industry has 2 stocks and is ranked #4. Since the beginning of the year, the industry has moved +16.8%. Investors with an interest in Auto-Tires-Trucks stocks should continue to track Aisin Seiki Co. Ltd. Unsponsored ADR and Michelin. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aisin Seiki Co. Ltd. Unsponsored ADR (ASEKY) : Free Stock Analysis Report Legacy Education Inc. (LGCY) : Free Stock Analysis Report Benitec Biopharma Limited (BNTC) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Automotive
- Yahoo
CarMax Q1 Earnings Surpass Expectations, Revenues Increase Y/Y
CarMax Inc. KMX reported first-quarter fiscal 2026 (ended May 31, 2025) adjusted earnings per share of $1.38, which beat the Zacks Consensus Estimate of $1.18. The bottom line rose from 97 cents per share recorded in the year-ago period. The auto retailer registered revenues of $7.55 billion in the quarter under review, which surpassed the Zacks Consensus Estimate of $7.52 billion. The top line also rose 6% year over year. CarMax, Inc. price-consensus-eps-surprise-chart | CarMax, Inc. Quote CarMax's used-vehicle net sales totaled $6.1 billion for the reported quarter, up 7.5% year over year due to a rise in unit sales. The units sold in this segment rose 9% year over year to 230,210 vehicles and topped our forecast of 207,124 units. The average selling price (ASP) of used vehicles decreased 1.5% from the year-ago quarter to $26,120, which lagged our projection of $28,279. Amid higher-than-expected units sold, revenues from the segment surpassed our estimate of $5.86 billion. Comparable store used-vehicle units increased 8.1% and revenues rose 6.6% from the prior-year level. Used-vehicle gross profit per unit (GPU) came in at $2,407, which increased from the prior-year quarter's $2,347 but lagged our estimate of $2,376.8. For the fiscal first quarter, wholesale vehicle revenues decreased 0.3% from the year-ago level to $1.25 billion. The reported figure was below our projection of $1.27 million due to lower-than-anticipated ASP. Units sold rose 1.2% to 149,517 (versus our forecast of 145,645) and the ASP fell 1.7% to $7,959 (versus our estimate of $8,717). Wholesale vehicle GPU came in at $1,047, which fell from the year-ago period's $1,064 but topped our estimate of $1,033.3. Other sales and revenues increased 6.1% year over year to $190.4 million but missed our estimate of $196.2 million. CarMax Auto Finance's income fell 3.6% year over year to $141.7 million at the end of the fiscal first quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Selling, general and administrative expenses increased 3.3% from the prior-year quarter to $659.6 million. The firm had cash/cash equivalents and long-term debt of $262.8 million and $1.37 billion, respectively, as of May 31, 2025. During the fiscal first quarter, CarMax repurchased shares worth $199.8 million. As of May 31, 2025, it had $1.74 billion remaining under the share repurchase authorization. CarMax carries a Zacks Rank #3 (Hold) at better-ranked stocks in the auto space are CarGurus, Inc. CARG, Strattec Security Corporation STRT and Michelin MGDDY, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for CARG's 2025 sales and earnings implies year-over-year growth of 4.96% and 25%, respectively. EPS estimates for 2025 and 2026 have improved 30 cents and 44 cents, respectively, in the past 60 Zacks Consensus Estimate for STRT's fiscal 2025 sales and earnings implies year-over-year growth of 3.49% and 8.11%, respectively. EPS estimates for fiscal 2025 and 2026 have improved 73 cents and $1.61, respectively, in the past 60 Zacks Consensus Estimate for MGDDY's 2025 sales and earnings implies year-over-year growth of 1.69% and 37.76%, respectively. EPS estimates for 2025 and 2026 have improved by a penny and seven cents, respectively, in the past 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CarMax, Inc. (KMX) : Free Stock Analysis Report Strattec Security Corporation (STRT) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report CarGurus, Inc. (CARG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Earnings Preview: Jefferies (JEF) Q2 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when Jefferies (JEF) reports results for the quarter ended May 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on June 25, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This investment banking and capital markets company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -35.8%. Revenues are expected to be $1.56 billion, down 6.1% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Jefferies, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +8.24%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Jefferies will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Jefferies would post earnings of $0.88 per share when it actually produced earnings of $0.60, delivering a surprise of -31.82%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Jefferies doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Jefferies Financial Group Inc. (JEF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Darden to Post Q4 Earnings: What's in Store for the Stock?
Darden Restaurants, Inc. DRI is scheduled to report fourth-quarter fiscal 2025 results on June 20, before the opening earnings beat the Zacks Consensus Estimate in one of the trailing four quarters and missed on three occasions, the average surprise being negative 0.9%. (See the Zacks Earnings Calendar to stay ahead of market-making news.) The Zacks Consensus Estimate for fiscal fourth-quarter earnings per share (EPS) is pegged at $2.96, indicating an improvement of 11.7% from $2.65 reported in the year-ago quarter. Darden Restaurants, Inc. price-eps-surprise | Darden Restaurants, Inc. Quote For revenues, the consensus mark is pegged at $3.26 billion. The projection implies a 10.3% rise from the year-ago quarter's reported us take a look at how things might have shaped up in the quarter to be reported. Darden's fiscal fourth-quarter performance is expected to have benefited from continued brand momentum, strategic menu promotions and expanding digital capabilities. The focus on prototype optimization, investments in new restaurant formats, delivery expansion and targeted value offerings is likely to have aided the company's performance in the to-be-reported brand activity at Olive Garden, including the return of its 'Buy One, Take One' limited-time offer and the rollout of fan-favorite entrees such as Steak Gorgonzola Alfredo and Stuffed Chicken Marsala, is likely to have driven incremental traffic. At LongHorn Steakhouse, seasonal menu additions like grilled lamb chops and fire-grilled corn, alongside a focus on quality and execution, are likely to have contributed to sustained customer engagement in the fiscal fourth contributions from core casual dining brands, including Olive Garden and LongHorn Steakhouse, are likely to have aided DRI's top line in the fiscal fourth quarter. Our model predicts revenues from Olive Garden and LongHorn Steakhouse to rise 6.2% and 9.9%, respectively, year over year to $1.4 billion and $838 million. We expect revenues from fine dining to rise 16.2% year over year to $380 focus on the Uber Direct partnership is likely to have aided the company's performance in the fiscal fourth quarter. Early trends point to favorable check averages (approximately 20% higher than traditional to-go) and healthy incrementality (40-50%) without placing operational strain on restaurants. However, inflationary headwinds, particularly a step-up in commodity and labor costs, might have weighed on margin performance in the fiscal fourth quarter. Management expects a 3% overall inflation rate for the quarter, up from 2-2.2% in the prior periods, due to higher poultry and seafood costs. Our model predicts fiscal fourth-quarter food and beverage, and labor costs to rise 9.7% and 9.9%, respectively, year over year to approximately $1 billion each. Our proven model predicts an earnings beat for Darden this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat, which is exactly the case ESP for DRI: Darden has an Earnings ESP of +0.08%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Zacks Rank: The company currently has a Zacks Rank #3. Here are some other stocks from the Zacks Retail-Wholesale space that investors may consider, as our model shows that these, too, have the right combination of elements to deliver an earnings Shack Inc. SHAK has an Earnings ESP of +6.74% and a Zacks Rank of 1 at present. You can see the complete list of today's Zacks #1 Rank stocks Shack is expected to register a 33.3% gain in earnings for the to-be-reported quarter. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 4.1%.Brinker International, Inc. EAT currently has an Earnings ESP of +2.39% and a Zacks Rank of the to-be-reported quarter, Brinker's earnings are expected to increase 46% year over year. Brinker's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 24.5%.The Cheesecake Factory Incorporated CAKE currently has an Earnings ESP of +5.16% and a Zacks Rank of the to-be-reported quarter, Cheesecake Factory's earnings are expected to decrease 3.7% year over year. Cheesecake Factory's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise being 15.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Darden Restaurants, Inc. (DRI) : Free Stock Analysis Report The Cheesecake Factory Incorporated (CAKE) : Free Stock Analysis Report Brinker International, Inc. (EAT) : Free Stock Analysis Report Shake Shack, Inc. (SHAK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Earnings Preview: General Mills (GIS) Q4 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when General Mills (GIS) reports results for the quarter ended May 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on June 25, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This maker of Cheerios cereal, Yoplait yogurt and other packaged foods is expected to post quarterly earnings of $0.71 per share in its upcoming report, which represents a year-over-year change of -29.7%. Revenues are expected to be $4.6 billion, down 2.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.44% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For General Mills, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.80%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that General Mills will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that General Mills would post earnings of $0.95 per share when it actually produced earnings of $1, delivering a surprise of +5.26%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. General Mills doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Mills, Inc. (GIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
