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2 days ago
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HPE Set to Report Q2 Earnings: Is a Beat in Store for the Stock?
Hewlett Packard Enterprise HPE is scheduled to report second-quarter fiscal 2025 results on June the second quarter of fiscal 2025, management expects non-GAAP earnings per share between 28 cents and 34 cents. The consensus mark is pegged at 34 cents per share, indicating a decrease of 19.05% from the prior-year quarter's reported figure. The estimate has been revised upward by a penny over the past 30 earnings beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters, missing the same on one occasion, delivering an average earnings surprise of 5.67%.For the second quarter of fiscal 2025, HPE expects revenues between $7.2 billion and $7.6 billion. The Zacks Consensus Estimate is pegged at $7.47 billion, suggesting growth of approximately 3.66% from the year-ago quarter's reported figure. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Hewlett Packard Enterprise Company price-eps-surprise | Hewlett Packard Enterprise Company Quote Hewlett Packard Enterprise's fiscal second-quarter performance is expected to have been supported by a recovering demand environment fueled by artificial intelligence (AI). HPE's AI-driven networking portfolio is likely to have contributed to the growth of its Intelligent Edge services across campus and branch continues to be a key growth catalyst for HPE. During the second quarter, HPE's AI systems and sovereign AI cloud offerings are likely to have been driven by strong demand from the customers, particularly through HPE Private Cloud AI, which is expected to have boosted the company's top increasing adoption of the Aruba Edge Services Platform and HPE GreenLake is expected to have driven Hewlett Packard Enterprise's revenues in the to-be-reported quarter. The HPE GreenLake solution is likely to have benefited from the company's effort to simplify its cloud strategy by including all related products in the hybrid cloud segment. This initiative is expected to have simplified the customer adoption of the solution and added to the top Packard Enterprise has been benefiting from persistent growth in sales of its accelerator processing unit, primarily driven by rising demand for HPE Cray EX, Cray XT and HPE ProLiant Gen11 AI-optimized softening IT spending is likely to have impacted overall financial performance in the second quarter. Higher interest rates and inflationary pressures are hurting consumer spending. On the other hand, enterprises are postponing their large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues. Our proven model predicts an earnings beat for Hewlett Packard Enterprise this earnings season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is the case here. Earnings ESP : Earnings ESP, which represents the difference between the Most Accurate Estimate (35 cents) and the Zacks Consensus Estimate (34 cents), is +2.94%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Zacks Rank : HPE carries a Zacks Rank #3 at present. Per our model, Broadcom AVGO, Ciena CIEN and Vail Resorts MTN also have the right combination of elements to post an earnings beat in their upcoming carries a Zacks Rank #2 and has an Earnings ESP of +1.27%. The company is scheduled to report second-quarter fiscal 2025 results on June 5. Its earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 3.44%. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for Broadcom's second-quarter earnings is pinned at $1.57 per share, suggesting an increase of 42.73% from the year-ago quarter. It is estimated to report revenues of $14.92 billion, which suggests an increase of approximately 19.5% from the year-ago has a Zacks Rank #3 and an Earnings ESP of +20.1% at present. Ciena is slated to report the second quarter of fiscal 2025 results on June 5. CIEN's earnings beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters, missing the same on one occasion, delivering an earnings surprise of 40.14%, on average. The Zacks Consensus Estimate for second-quarter earnings is pegged at 52 cents per share, suggesting a whopping increase of 92.59% from the year-ago quarter. Ciena's quarterly revenues are estimated to increase 20.27% year over year to $1.1 Resorts carries a Zacks Rank #3 and has an Earnings ESP of +1.87%. The company is scheduled to report third-quarter fiscal 2025 results on June 5. Its earnings surpassed the Zacks Consensus Estimate twice in the trailing four quarters, while missing the same on two occasions, the average surprise being 0.37%.The Zacks Consensus Estimate for MTN's third-quarter earnings is pegged at $10 per share, indicating a year-over-year increase of 4.82%. The consensus mark for revenues is pegged at $1.3 billion, suggesting a year-over-year rise of 1.51%. 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 Ciena Corporation (CIEN) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Vail Resorts, Inc. (MTN) : Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE) : 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
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2 days ago
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Is Broadcom Stock a Smart Buy Before Q2 Earnings Report?
Broadcom AVGO is set to report its second-quarter fiscal 2025 results on June second-quarter fiscal 2025, AVGO expects revenues of $14.9 billion. The Zacks Consensus Estimate for revenues is pegged at $14.92 billion, suggesting growth of 19.5% from the year-ago quarter's reported consensus mark for earnings has been unchanged at $1.57 per share over the past 30 days, indicating 42.73% growth from the figure reported in the year-ago earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average earnings surprise being 3.44%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Broadcom Inc. price-eps-surprise | Broadcom Inc. Quote Let us see how things have shaped up for AVGO shares prior to this announcement. Broadcom's fiscal second-quarter performance is expected to have benefited from its expanding AI offerings. AI revenues are anticipated to jump 44% year over year to $4.1 billion. Aggressive investments by hyperscaler partners on high-performance accelerators, as well as on AI data centers, are expected to have benefited AVGO's performance in the to-be-reported expects semiconductor revenues to climb 2% sequentially and 17% year over year to $8.4 billion. Infrastructure Software revenues are expected to grow 23% year over year to $6.5 billion. VMware's annual booking value is expected to surpass $3 Zacks Consensus Estimate for fiscal second-quarter Semiconductor Solutions revenues is pegged at $8.42 billion, indicating 17% year-over-year growth. The consensus mark for Infrastructure Software revenues is pegged at $6.51 billion, indicating 23.1% year-over-year results at VMware are expected to have driven top-line growth. Broadcom's focus on shifting VMware products to a subscription-based model (60% completed at the end of the first quarter of fiscal 2025) and growing adoption of VMware Cloud Foundation (VCF) is expected to have driven top-line growth in the to-be-reported quarter. Strong adoption of VMware Private AI Foundation is driving growth. Broadcom, in collaboration with NVIDIA NVDA, had 39 enterprise customers at the end of the fiscal first expects an adjusted EBITDA margin of 66% in the to-be-reported quarter. AVGO shares have returned 7.3% year to date, outperforming the broader Zacks Computer and Technology sector's drop of 1.1% and the Zacks Electronics - Semiconductors industry's appreciation of 1.1%. Image Source: Zacks Investment Research The AVGO stock is not so cheap, as the Value Score of D suggests a stretched valuation at this terms of the forward 12-month price/sales ratio, Broadcom shares are trading at 17.13X, higher than its median of 13.72X and the sector's 6.36X. Image Source: Zacks Investment Research AVGO's long-term prospects are expected to benefit from the growing demand for AI infrastructure. A solid portfolio is helping expand clientele that includes Alphabet GOOGL and Meta Platforms META. Its strong partner base, including NVIDIA, Microsoft, Arista Networks, Dell Technologies, Juniper and Supermicro, has been a key demand for Broadcom's application-specific integrated chips (ASICs), designed to support AI and machine learning and make these tasks more efficient, aids top-line growth. Alphabet and Meta Platforms are notable users of Broadcom's acquisition of VMware has benefited Infrastructure software solutions. Since closing the acquisition, AVGO added more than 70% of its largest 10,000 customers to VCF, which enables enterprises to deploy private cloud environments sees massive opportunities in the AI space as specific hyperscalers have started to develop their XPUs. Per the company, each of AVGO's three hyperscalers plans to deploy 1 million XPU clusters across a single fabric by 2027. Serviceable Addressable Market for XPUs and networks is expected to be between $60 billion and $90 billion for fiscal 2027 focus on reducing its debt is noteworthy. The company paid off $1.1 billion of debt in the first quarter of fiscal 2025. AVGO's strong cash flow-generating ability is expected to help the company sustain its dividend payout, as well as lower its debt level simultaneously. Broadcom's strong portfolio, along with an expanding partner base, reflects solid top-line growth potential over the long run. We believe that these factors justify the premium currently has a Zacks Rank #2 (Buy), suggesting that it is the right time to buy the stock ahead of the second-quarter fiscal 2025 results. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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 NVIDIA Corporation (NVDA) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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6 days ago
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Kohl's Q1 Loss Narrower Than Estimates, Sales Decline 4% Y/Y
Kohl's Corporation KSS reported first-quarter fiscal 2025 loss per share of 13 cents, which was narrower than the Zacks Consensus Estimate of a loss of 22 cents. The bottom line showed an improvement from the year-ago period's loss of 24 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Kohl's Corporation price-consensus-eps-surprise-chart | Kohl's Corporation Quote Total revenues were $3,233 million, down from the prior-year quarter's $3,382 million. Nevertheless, the top line surpassed the Zacks Consensus Estimate of $3,176 million. The company's net sales fell 4.1% to $3,049 million, while other revenues fell 9.8% to $184 million. We note that comparable sales declined 3.9% year over year. We expected comparable sales to decrease 6%. Kohl's gross margin expanded 37 basis points (bps) to 39.9% in the reported quarter. We expected a gross margin increase of 10 bps. SG&A expenses dropped 5.2% to $1,164 million. As a percentage of total revenues, SG&A expenses decreased 32 bps to 36%. We anticipated SG&A expenses, as a percentage of net sales, to increase 70 bps. KSS posted an operating income of $60 million, up from $43 million in the year-ago period. The operating income margin expanded 58 bps to 1.9%. Kohl's ended the quarter with cash and cash equivalents of $153 million and shareholders' equity of $3,779 million. Net cash used in operating activities was $92 million for the three months ending May 3, expects capital expenditures of $400-$425 million for fiscal May 14, 2025, Kohl's declared a quarterly cash dividend of 12.50 cents per share, payable on June 25, to its shareholders of record as of June 11. For fiscal 2025, Kohl's continues to foresee a net sales decline of 5-7%. Comparable sales are projected to decline 4-6% during the year. The operating margin is expected to range from 2.2% to 2.6% in fiscal 2025. Management anticipates full-year earnings per share to be between 10 cents and 60 Zacks Rank #3 (Hold) company's shares have lost 28.5% in the past three months compared with the industry's decline of 5.5%. Image Source: Zacks Investment Research Urban Outfitters, Inc. URBN offers lifestyle products and services. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for Urban Outfitters' current fiscal-year earnings and sales indicates growth of 20.9% and 8%, respectively, from the year-ago period's reported figures. URBN delivered a trailing four-quarter average earnings surprise of 29%.Genesco Inc. GCO operates as a retailer and wholesaler of footwear, apparel and accessories, carrying a Zacks Rank #2 (Buy). GCO delivered a trailing four-quarter earnings surprise of 37.2%, on Zacks Consensus Estimate for Genesco's current fiscal-year earnings and sales indicates growth of 63.8% and 0.6%, respectively, from the year-ago period's reported Goose Holdings Inc. GOOS designs, manufactures and sells performance luxury apparel for men, women, youth, children and babies. It carries a Zacks Rank of 2 at present. GOOS delivered a trailing four-quarter average earnings surprise of 57.2%.The Zacks Consensus Estimate for Canada Goose's current fiscal-year earnings and sales implies a decline of 10% and 2.9%, respectively, from the year-ago actuals. 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 Kohl's Corporation (KSS) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Genesco Inc. (GCO) : Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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26-05-2025
- Business
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Should You Buy, Hold, or Sell PDD Holdings Stock Before Q1 Earnings?
PDD Holdings PDD is slated to report first-quarter 2025 results on May the first quarter, the Zacks Consensus Estimate for revenues is pegged at $14.17 billion, indicating growth of 17.82% from the year-ago quarter's reported consensus mark for earnings is pinned at $2.49 per share, suggesting a 12.01% decline from the prior-year quarter's reported number. Image Source: Zacks Investment Research Find the latest EPS estimates and surprises on Zacks Earnings Calendar. PDD has an impressive earnings surprise history. In the last reported quarter, the company delivered an earnings surprise of 7.81%. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, while missing once, the average surprise being 22.35%. PDD Holdings Inc. Sponsored ADR price-eps-surprise | PDD Holdings Inc. Sponsored ADR Quote Our proven model does not conclusively predict an earnings beat for PDD Holdings 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. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP has an Earnings ESP of 0.00% and carries a Zacks Rank #3 at present. You can see the complete list of today's Zacks #1 Rank stocks here. PDD Holdings approaches its first-quarter 2025 earnings report with investors closely monitoring the company's ability to navigate ongoing strategic transitions while managing competitive pressures. The e-commerce giant's fourth-quarter 2024 results revealed a notable deceleration in revenue growth to 24% year over year, down from the robust 59% full-year growth rate, signaling potential headwinds that likely persisted into the first quarter of company's aggressive investment in its "high-quality development strategy" has intensified during recent quarters, with management implementing substantial ecosystem investments, including the 10 billion RMB fee reduction program and comprehensive merchant support initiatives. These strategic moves, while positioning PDD for long-term sustainable growth, have created near-term pressure on profitability margins and revenue acceleration. The impact of these investments is likely to have continued, affecting first-quarter performance, as management previously indicated expectations for fluctuations in both revenue growth and profit margins during this transition dynamics in China's e-commerce landscape have intensified significantly, with management acknowledging fierce competition as a persistent challenge. This environment has compelled PDD to increase marketing expenditures and promotional activities to maintain market positioning against behemoths like Amazon AMZN, eBay EBAY and Alibaba BABA, factors that probably influenced first-quarter results. The company's sales and marketing expenses represented 28% of revenues in fourth-quarter 2024, and similar elevated spending levels are likely to have continued into first-quarter global business segment faces additional complexities, with management citing accelerating changes in external environments and potential macro policy shifts. These international headwinds, combined with ongoing compliance investments and localization efforts, might have contributed to mixed performance in the company's overseas operations during the first the combined impact of strategic investments, competitive intensity, and external uncertainties, PDD's first-quarter results are likely to reflect continued revenue growth moderation alongside margin fluctuations. While the company's long-term positioning appears solid through its ecosystem development approach, near-term performance volatility suggests investors may benefit from maintaining current positions or waiting for more attractive entry points. PDD shares have increased 22.9% in the year-to-date period, outperforming the industry's growth of 0.5% and the S&P 500 index's decline of 1.8%. Image Source: Zacks Investment Research Now, let us look at the value that PDD Holdings offers to its investors at current PDD is trading at a discount with a forward 12-month P/E of 9.46X compared with the industry's 22.79X, reflecting a good investment opportunity. Image Source: Zacks Investment Research PDD Holdings presents a compelling risk-reward proposition trading at discounted valuations amid strategic transformation challenges. While the company faces intensifying competition in China's e-commerce market and revenue growth deceleration, management's substantial ecosystem investments through fee reductions and merchant support programs position PDD for sustainable long-term competitive advantages. The ongoing transition creates near-term volatility in margins and growth rates, but the company's focus on high-quality development and supply chain innovation may eventually differentiate it from competitors. The discounted valuation offers potential upside for patient investors, though competitive pressures and investment phase uncertainties suggest careful timing remains crucial for optimal entry points. PDD Holdings' strategic transition creates near-term uncertainty despite attractive valuations and long-term potential. Current shareholders should maintain positions given ecosystem investments and competitive moat development, while prospective investors may benefit from waiting for clearer execution evidence or further compression. The upcoming first-quarter 2025 results will provide critical insights into management's ability to balance growth investments with profitability. 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 Inc. (AMZN) : Free Stock Analysis Report eBay Inc. (EBAY) : Free Stock Analysis Report Alibaba Group Holding Limited (BABA) : Free Stock Analysis Report PDD Holdings Inc. Sponsored ADR (PDD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
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26-05-2025
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MRVL to Post Q1 Earnings: Time to Buy, Sell or Hold the Stock?
Marvell Technology, Inc. MRVL is scheduled to report first-quarter fiscal 2026 results after market close on May 29, 2025. Marvell Technology anticipates revenues of $1.875 billion (+/- 5%) for first-quarter fiscal 2026. The Zacks Consensus Estimate for MRVL's fiscal first-quarter revenues is pegged at $1.88 billion, indicating year-over-year growth of 61.6%. For the fiscal first quarter, the company expects non-GAAP earnings of 61 cents per share (+/- 5 cents per share). The Zacks Consensus Estimate for MRVL's fiscal first-quarter earnings is pegged at 61 cents per share, reflecting a 154.2% increase year over year. The consensus mark for earnings has remained unchanged over the past 60 days. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Image Source: Zacks Investment Research In the trailing four quarters, Marvell Technology's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 4.25%. Marvell Technology, Inc. price-eps-surprise | Marvell Technology, Inc. Quote Our proven model does not conclusively predict an earnings beat for Marvell Technology this time. 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 not the case here. Though Marvell Technology currently carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today's Zacks #1 Rank stocks here. Marvell Technology's overall first-quarter revenues are likely to have benefited from improved performance across the majority of its end markets. The company's data center division continues to be the primary engine of growth, benefiting from the rising demand for electro-optics products, custom artificial intelligence (AI) silicon and next-generation switches. Our model estimates suggest that first-quarter data center revenues will reach $1.395 billion, implying a 2.1% sequential growth. The growing adoption of 800-gig PAM products and 400ZR data center interconnect solutions is fueling top-line expansion. Additionally, advancements in Compute Express Link technology and increased AI-related investments position Marvell as a key player in the high-performance computing ecosystem. Improved inventory corrections and recovering demand are helping Marvell's Networking and Carrier segments rebound. Our projections indicate that Enterprise Networking and Carrier revenues will each rise 8.1% and 9% sequentially, reaching $114.4 million and $186.9 million, respectively. Marvell Technology's carrier segment is benefiting from new design wins in cloud-driven networking solutions. As telecom providers upgrade their infrastructure for AI-driven applications, MRVL's networking division should continue to see steady improvements. The Automotive and Industrial divisions have been a consistent revenue contributor for Marvell Technology, thanks to the increasing semiconductor content in vehicles and industrial automation growth. For the first quarter, our model estimates for Automotive/Industrial revenues are pegged at $88.9 million, indicating a 3.7% sequential improvement. With automakers ramping up production of connected and electric vehicles, Marvell Technology's automotive ethernet solutions and advanced driver-assistance system technologies should continue to see steady adoption. Despite the strength of Marvell Technology's data center, networking and AI segments, its consumer end market remains a weak spot. Seasonality in gaming and broader macroeconomic uncertainty might have resulted in weak revenues in this segment. In the past year, MRVL shares have plunged 20.9%, underperforming the Zacks Electronics – Semiconductors industry's growth of 14.1%. Image Source: Zacks Investment Research Now, let's look at the value Marvell Technology offers investors at the current levels. MRVL stock trades at a discounted price with a forward 12-month price-to-sales (P/S) multiple of 5.99X compared with the industry's 7.54X. Image Source: Zacks Investment Research Marvell Technology's custom silicon business is a game-changer, particularly in the booming data center market. Cloud service providers rely on their highly specialized chips to optimize AI computing efficiency, networking speed and energy consumption. Furthermore, Marvell Technology has also formed strong collaborations with industry leaders, including NVIDIA NVDA, Juniper Networks JNPR and Coherent Corp. COHR, to design high-speed networking technology for AI workloads. Marvell Technology and NVIDIA have collaborated to integrate MRVL's optical interconnect solutions with NVIDIA's AI and computing technology. Using the NVIDIA HGX H100 eight-GPU platform, BlueField-3 DPUs, Spectrum-X networking, and Marvell's interconnects, they have developed NVIDIA Israel-1 to power AI applications with high efficiency. Marvell Technology has collaborated with Juniper Networks and Coherent Corp. to develop 800ZR networking solutions. Together, these companies combined Juniper's PTX10002-36QDD Packet Transport Router, Coherent's 800ZR transceiver, and MRVL's Orion 800G coherent DSP to develop a networking solution to support AI, cloud, and 5G. However, the U.S. government's recent steps toward China have also been a matter of concern for Marvell Technology as the company generates significant revenues (about 43% of its fiscal 2025 total revenues) from the Chinese market. As Marvell Technology owns research and development facilities in China and outsources to China, the growing geopolitical tension, fear of fresh sanctions and persistent tariff threats have added to investors' skepticism. However, given the MRVL's strong fundamentals, investors' concerns seem overblown. The recent U.S.-China agreement to temporarily reduce tariffs on each other's goods can provide relief to Marvell Technology's business for the near term. Marvell Technology's upcoming quarterly results are likely to demonstrate the beginning of a multi-year growth story fueled by AI innovation. However, the company also suffers from the U.S.-China trade war as it highly depends on both nations. all these factors, we suggest that investors should retain MRVL stock at present. 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 Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Coherent Corp. (COHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
