Latest news with #Q2earnings
Yahoo
a day ago
- Business
- Yahoo
Morgan Stanley Raises Yum Brands (YUM) Price Target, Maintains Equal Weight Rating
Yum! Brands, Inc. (NASDAQ:YUM) is one of the most profitable consumer stocks to buy now. Yum! Brands (NYSE: YUM) got a lift this week after Morgan Stanley raised its price target on the stock to $153 from $151, reflecting cautious optimism around the company's near-term outlook. The firm maintained its Equal Weight rating but pointed to improving industry conditions that could lead to a stronger Q2 for restaurant operators and food distributors. A chef in a kitchen preparing a fast food meal of chicken, pizza and burgers. With Yum! Brands currently trading at around $149, the new price target suggests a modest upside of approximately 2.7%. While not a dramatic revision, the move signals confidence in the company's ability to navigate a mixed macro environment. In a note to investors, the firm highlighted stabilizing input costs and healthy spending patterns among middle- and upper-income consumers, which continue to support dining out behavior despite persistent policy uncertainty. Morgan Stanley also noted that the broader restaurant space appears better positioned this quarter, as inflation pressures ease and discretionary spending remains intact in key consumer groups. For Yum!, that could translate into more consistent traffic and potentially stronger margins, particularly as it continues to focus on digital engagement, value menus, and international expansion. Investors are now eyeing Yum!'s upcoming earnings report for confirmation that these trends are translating into tangible performance improvements, especially in high-margin segments like Taco Bell. While we acknowledge the potential of YUM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Best Industrial Automation Stocks to Buy for the Next Decade Disclosure: None.
Globe and Mail
5 days ago
- Business
- Globe and Mail
Bank of America Reports Strong Q2 2025 Earnings
Bank of America ( (BAC)) has released its Q2 earnings. Here is a breakdown of the information Bank of America presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Bank of America, a leading global financial institution, provides a wide range of banking, investing, asset management, and financial services to individual consumers, small and middle-market businesses, and large corporations. The company is known for its extensive digital banking services and strong presence in wealth management and investment banking. In its second-quarter earnings report for 2025, Bank of America announced a net income of $7.1 billion, or $0.89 per diluted share, marking an increase from the previous year. The bank's revenue rose by 4% year-over-year to $26.5 billion, driven by higher net interest income and increased sales and trading revenue. Key financial highlights include a 7% growth in net interest income to $14.7 billion, reflecting continued deposit and loan growth. Consumer banking saw a 6% revenue increase to $10.8 billion, while Global Wealth and Investment Management reported a 7% rise in revenue to $5.9 billion. Global Markets experienced a 14% increase in sales and trading revenue, contributing to a net income of $1.5 billion. Despite a decrease in investment banking fees, the bank maintained strong performance across its segments, with average deposits exceeding $2 trillion and average loans and leases growing by 7%. The bank also returned $7.3 billion to shareholders through dividends and share repurchases. Looking ahead, Bank of America remains focused on supporting the broader economy with a robust balance sheet and continued investment in technology and people. The bank's management is optimistic about sustaining growth and delivering value to shareholders, despite potential economic uncertainties.
Yahoo
5 days ago
- Business
- Yahoo
Good News for GE, Jobless Claims, Retail Sales & More
Thursday, July 17, 2025The biggest day of the week for economic reports and Q2 earnings is upon us. In fact, there is so much data in front of us, we should be able to fill this column with just the numbers. Pre-market futures were mixed but are now positive across the board: +30 points on the Dow, +10 on the S&P 500 and +70 points on the Nasdaq. Bond yields continue to creep up: +4.49% on the 10-year, +3.94% on the 2-year and +5.04% on the 30-year yield. A Cavalcade of Economic Results: Jobless Claims Healthy Starting as we do most Thursday mornings, Initial Jobless Claims are out: down for the fifth week in a row from near-term highs, 221K new jobless claims are the lowest we've seen since mid-April, far below the 234K estimate and well off the June high of 250K. What looked on the graph to be a steady incline of new jobless claims through the first half of the year has now shifted downward in a big way. This is very strong news for the labor Claims, on the other hand, ticked up slightly once again: 1.956 million, from 1.954 million the prior week (these numbers are reported a week in arrears from Initial Claims), remaining just shy of the psychological 2 million mark, where we haven't been since late 2021. This is the eighth straight week above 1.9 million longer-term jobless claims, and the 9th of the last 12. Yet with new claims pitching downward as they are, perhaps we'll postpone this reunion with 2 million claims for a longer time. Retail Sales Robust for June Advanced Retail Sales for June ('advanced,' meaning subject to revision in a couple weeks) tripled expectations this morning to +0.6%, turning around in a startling manner from -0.9% reported for May. This is the second-highest Retail Sales print of 2025 since March posted +1.5%; in fact, these are the only two positive months of the year so the headline, everything came in ahead of expectations, as well: ex-Autos reached +0.5%, ex-Autos & Gasoline +0.6%, and the Control number — which gets fed up the food chain of economic data such as Personal Consumption Expenditures (PCE), the (current) Fed's preferred metric on inflation — is +0.5%. This equals March's +0.5% Control number, as well. Import & Export Prices Moderate More good news: Import Prices came in lower than expected: +0.1%, but up from a big downward revision of -0.4% of the previous month. Ex-petrol (fuel), this number moderates further, to 0.0%. Year-over-year Import Prices have now swung to a negative -0.2% from an anticipated +0.3%. More easing on imported goods — counter to Prices month over month came in at +0.5%, the highest level since pre-tariff pull-forwards in February, whereas year over year we're at the highest level since January: +2.8%. Any time we can see import prices moderate but exports improve, that's got to be a good (near-term) sign for the domestic economy. Philly Fed Blossoms to Start the Summer Another metric posting its first positive month since March, the Philly Fed manufacturing survey, sprung ahead to 15.9 in June, up strongly from the -4 posted for May. In fact, this is the highest print since February's 18.0, and provides a positive narrative for regional manufacturing in the region of the sixth-largest city in the U.S. GE Outpaces Estimates in Q2 Earnings GE Aerospace GE, a Zacks Rank #2 (Buy)-rated stock going into this morning's earnings report, soundly beat Q2 estimates on both top and bottom lines this morning: earnings of $1.66 per share was well ahead of the projected $1.43 and the $1.20 per share reported in the year-ago quarter, for a positive surprise of +16%. Revenues of $10.15 billion beat estimates by +5.12%. Shares are up +1.3% at this hour, now a whopping +60% year to date. For more on GE's earnings, click or comments about this article and/or author? Click 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 GE Aerospace (GE) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Globe and Mail
5 days ago
- Business
- Globe and Mail
Retail Sales Increased More Than Expected
The biggest day of the week for economic reports and Q2 earnings is upon us. In fact, there is so much data in front of us, we should be able to fill this column with just the numbers. Pre-market futures were mixed but are now positive across the board: +30 points on the Dow, +10 on the S&P 500 and +70 points on the Nasdaq. Bond yields continue to creep up: +4.49% on the 10-year, +3.94% on the 2-year and +5.04% on the 30-year yield. A Cavalcade of Economic Results: Jobless Claims Healthy Starting as we do most Thursday mornings, Initial Jobless Claims are out: down for the fifth week in a row from near-term highs, 221K new jobless claims are the lowest we've seen since mid-April, far below the 234K estimate and well off the June high of 250K. What looked on the graph to be a steady incline of new jobless claims through the first half of the year has now shifted downward in a big way. This is very strong news for the labor market. Continuing Claims, on the other hand, ticked up slightly once again: 1.956 million, from 1.954 million the prior week (these numbers are reported a week in arrears from Initial Claims), remaining just shy of the psychological 2 million mark, where we haven't been since late 2021. This is the eighth straight week above 1.9 million longer-term jobless claims, and the 9th of the last 12. Yet with new claims pitching downward as they are, perhaps we'll postpone this reunion with 2 million claims for a longer time. Retail Sales Robust for June Advanced Retail Sales for June ('advanced,' meaning subject to revision in a couple weeks) tripled expectations this morning to +0.6%, turning around in a startling manner from -0.9% reported for May. This is the second-highest Retail Sales print of 2025 since March posted +1.5%; in fact, these are the only two positive months of the year so far. Beneath the headline, everything came in ahead of expectations, as well: ex-Autos reached +0.5%, ex-Autos & Gasoline +0.6%, and the Control number — which gets fed up the food chain of economic data such as Personal Consumption Expenditures (PCE), the (current) Fed's preferred metric on inflation — is +0.5%. This equals March's +0.5% Control number, as well. Import & Export Prices Moderate More good news: Import Prices came in lower than expected: +0.1%, but up from a big downward revision of -0.4% of the previous month. Ex-petrol (fuel), this number moderates further, to 0.0%. Year-over-year Import Prices have now swung to a negative -0.2% from an anticipated +0.3%. More easing on imported goods — counter to expectations. Export Prices month over month came in at +0.5%, the highest level since pre-tariff pull-forwards in February, whereas year over year we're at the highest level since January: +2.8%. Any time we can see import prices moderate but exports improve, that's got to be a good (near-term) sign for the domestic economy. Philly Fed Blossoms to Start the Summer Another metric posting its first positive month since March, the Philly Fed manufacturing survey, sprung ahead to 15.9 in June, up strongly from the -4 posted for May. In fact, this is the highest print since February's 18.0, and provides a positive narrative for regional manufacturing in the region of the sixth-largest city in the U.S. GE Outpaces Estimates in Q2 Earnings GE Aerospace (GE), a Zacks Rank #2 (Buy)-rated stock going into this morning's earnings report, soundly beat Q2 estimates on both top and bottom lines this morning: earnings of $1.66 per share was well ahead of the projected $1.43 and the $1.20 per share reported in the year-ago quarter, for a positive surprise of +16%. Revenues of $10.15 billion beat estimates by +5.12%. Shares are up +1.3% at this hour, now a whopping +60% year to date. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> 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 GE Aerospace (GE): Free Stock Analysis Report
Yahoo
5 days ago
- Automotive
- Yahoo
Tesla's Q2 Earnings Will Likely Focus on Politics and Robotaxis, But Investors Should Really Watch for These 5 Things
Tesla (TSLA) will release its Q2 earnings on July 23. While the earnings are expected to be soft, considering the double-digit fall in deliveries in the second quarter, all eyes will be on CEO Elon Musk's commentary during the earnings call. In this article, we'll look at Tesla's Q2 earnings estimates and examine some of the topics that might be featured and some issues that ought to be discussed, but might not be. Tesla's Q2 Earnings Estimates Consensus estimates call for Tesla's Q2 revenues to fall 12.3% year-over-year. The estimates aren't surprising, as Tesla's deliveries, which closely approximate vehicle sales, fell 13.5% year over year in the quarter. The decline was higher than the 13% fall in Q1 and was the worst ever for the company. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Analysts expect Tesla's Q2 earnings per share (EPS) to fall 33.3% as compared to the corresponding quarter last year. For the full year, the company's EPS is expected to be 34.3% lower than last year. Tesla's Q2 Earnings Call Could Be About AI and Robotaxis Tesla's Q2 earnings call could be more about artificial intelligence (AI), robotaxis, and Musk's politics. The company might discuss the Austin robotaxi rollout and provide color its plans to expand the service to other cities. Tesla might also provide an update on its Optimus humanoid robot, which Musk believes is a multitrillion-dollar opportunity. Musk recently floated the idea of Tesla investing in his AI company xAI, and during the earnings call, we might get to hear more about that proposal. Musk's political activities, including his launch of a new political party, might also be in focus. Notably, the key reason Tesla stock rose sharply after releasing its Q1 earnings despite missing on both the top line and bottom line was Musk's promises of scaling back his political activities. Musk subsequently left the Department of Government Efficiency (DOGE), but instead of pulling back on politics, the world's richest person has doubled down. 5 Things I'll Be Looking for in Tesla's Q2 Report Outside of AI and robotaxis, these are the things I'll be listening out for: Update on the Low-Cost Model: Tesla had previously said that it would commence production of its affordable model in the first half of 2025, but so far, we don't have any official update. During the Q2 earnings call, I will watch for an update on that platform. 2025 Delivery Guidance: With the electric vehicle (EV) tax credit set to end in September, the demand environment for the U.S. EV industry might only deteriorate. During the Q2 earnings call, Tesla might revisit its 2025 delivery guidance as the probability of yearly growth in deliveries looks bleak, even as I expect a bump in Q3, as buyers might rush to leverage the tax credits before they phase out in Q4. Cybertruck: The deliveries of Tesla's Cybertruck pickup have underwhelmed, and the model is far from being a success story. Tesla started trade-ins for the uniquely shaped vehicle earlier this year, but the depreciation rates were reportedly too high. During the Q2 earnings call, I will watch for any discussion on the model that has failed to live up to expectations. Energy Business: Tesla's Energy business has reported a sequential fall in deployments for two consecutive quarters. I will watch out for any discussion on the Energy business, which Musk once said has the potential to be even bigger than the automotive business. Margins and Profitability: Tesla's once industry-leading margins have withered away amid the price war that it initiated with its massive price cuts. The company's lucrative regulatory credit business also faces strains now as the One Big Beautiful Bill Act eliminates the penalties for non-compliance with Corporate Average Fuel Economy (CAFE) standards. Amid sagging profitability, sales of regulatory credits were a silver lining for Tesla, and if not for these, the company would have posted a GAAP loss in Q1. William Blair analyst Jed Dorsheimer estimates that sales of three-fourths of Tesla's regulatory credits were linked to CAFE standards. That revenue stream is now at risk as automakers don't necessarily need to buy these regulatory credits from Tesla to meet the standards. I will be watching for commentary on regulatory credits as a result. Pre-Q2 Earnings Forecast for Tesla Stock Sell-side sentiment towards Tesla is not quite bullish heading into the confessional, and last week, Mizuho and Goldman Sachs lowered their target prices while maintaining their respective ratings. William Blair went a step further and downgraded the stock from an 'Outperform' to 'Market Perform.' Tesla is trading above its mean target price of $296.59, which is something that's not uncommon for the Elon Musk-run company. All said, given Tesla stock's propensity to react to Musk's commentary and other non-fundamental factors, I would refrain from betting against TSLA even as it is among the most shorted stocks heading into the Q2 confessional. While I expect the stock to react positively to the report, as many negatives have been factored into it after the recent fall, I still won't add any Tesla shares, given the valuations and the slowdown in the core automotive business. On the date of publication, Mohit Oberoi had a position in: TSLA. All information and data in this article is solely for informational purposes. This article was originally published on
