Latest news with #ThomasFuller
Forbes
2 days ago
- Business
- Forbes
How Will VeriSign Stock React To Its Upcoming Earnings?
Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Image VeriSign (NASDAQ:VRSN) is set to announce its earnings on Thursday, July 24, 2025. Over the last five years, VRSN stock has displayed an equal division in one-day returns following earnings announcements. The stock achieved a positive one-day return in 50% of cases, with a median increase of 2.9%. In contrast, it experienced a negative one-day return in the remaining 50% of cases, with a median drop of -2.7%. While the actual results compared to consensus estimates will be essential, grasping these historical trends can offer an advantage for traders focused on events. There are two main strategies to utilize this information: Analysts anticipate earnings of $2.20 per share on revenue of $410 million for the upcoming quarter. This would mark an increase compared to the earnings from the same quarter last year, which were $2.01 per share on sales of $387 million. From a fundamental viewpoint, VeriSign currently has a market capitalization of $27 billion. Over the past twelve months, the company generated $1.6 billion in revenue, with operating earnings of $1.1 billion and a net income of $791 million, demonstrating strong operational profitability. However, if you are looking for upside with less volatility than individual stocks, the Trefis High Quality portfolio offers an alternative — having outperformed the S&P 500 and achieved returns exceeding 91% since its launch. Also, take a look at – What's Happening With PepsiCo Stock? View earnings reaction history of all stocks Historical Probability of Positive Post-Earnings Returns for VeriSign Here are some insights into one-day (1D) post-earnings returns: Additional information regarding observed 5-Day (5D) and 21-Day (21D) returns post earnings is summarized along with the statistics in the table below. 5-Day (5D) and 21-Day (21D) returns post earnings Correlation Among 1D, 5D, and 21D Historical Returns A relatively lower-risk strategy (although not beneficial if the correlation is weak) involves understanding the relationship between short-term and medium-term returns after earnings, identifying pairs that exhibit the strongest correlation, and executing the appropriate trade. For instance, if 1D and 5D demonstrate the highest correlation, a trader can position themselves 'long' for the following 5 days if the 1D post-earnings return is positive. Here is some correlation data based on the 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and the subsequent 5D returns. Correlation Among 1D, 5D, and 21D Historical Returns Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all 3: the S&P 500, S&P mid-cap, and Russell 2000), delivering substantial returns for investors. Additionally, if you want upside with a smoother experience than an individual stock like VeriSign, consider the High Quality portfolio, which has outperformed the S&P and recorded >91% returns since its inception.
Forbes
3 days ago
- Business
- Forbes
How Will CSX Stock React To Its Upcoming Earnings?
Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images CSX (NASDAQ:CSX) is set to release its earnings on Wednesday, July 23, 2025. Historically, CSX has recorded a positive one-day return in 65% of cases following its earnings announcements over the previous five years. The median positive return on these occasions was 2.6%, with a peak one-day positive return of 4.3%. For traders focusing on events, recognizing these historical trends can offer a strategic edge, although actual outcomes relative to consensus estimates will be a key factor. There are two primary strategies to consider: The current consensus forecasts for CSX's upcoming earnings report are $0.41 per share on revenue of $3.57 billion. This is compared to earnings of $0.49 per share on revenue of $3.7 billion in the same quarter from the previous year. From a fundamental standpoint, CSX has a current market capitalization of $65 billion. Over the last twelve months, the company reported revenues of $14 billion, with $5.1 billion in operating income and a net profit of $3.2 billion. That said, if you are looking for upside with lower volatility than individual stocks, the Trefis High Quality portfolio offers an alternative — having outperformed the S&P 500 and achieved returns exceeding 91% since its inception. See earnings reaction history of all stocks CSX's Historical Odds Of Positive Post-Earnings Return Additional data regarding observed 5-Day (5D), and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below. 5-Day (5D), and 21-Day (21D) returns post earnings Correlation Between 1D, 5D, and 21D Historical Returns A relatively lower risk strategy (though ineffective if the correlation is minimal) is to comprehend the relationship between short-term and medium-term returns following earnings, identify a pair with the highest correlation, and conduct the appropriate trade. For instance, if 1D and 5D exhibit the strongest correlation, a trader can position themselves "long" for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data based on both 5-year and 3-year (more recent) history. Note that the correlation 1D_5D references the relationship between 1D post-earnings returns and the subsequent 5D returns. Correlation Between 1D, 5D, and 21D Historical Returns Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all three, the S&P 500, S&P mid-cap, and Russell 2000), yielding strong returns for investors. Additionally, if you desire upside with a smoother experience than an individual stock like CSX, consider the High Quality portfolio, which has outperformed the S&P and achieved returns greater than 91% since its inception. Invest with Trefis Market-Beating Portfolios See all Trefis Price Estimates
Forbes
18-07-2025
- Business
- Forbes
How Crypto Drove Sharplink Gaming Stock Up 50% Last Week
CANADA - 2025/05/01: In this photo illustration, the SharpLink Gaming logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) SharpLink Gaming stock (NASDAQ:SBET) has risen by nearly 50% in the last week and has increased over 100% in the previous month. So, what developments have occurred for the company recently? The gains are fueled by investor excitement regarding the company's ambitious venture into Ethereum. As of July 13, 2025, the firm possessed 280,706 ETH, which it claims makes it one of the largest corporate holders of the cryptocurrency. Initially centered on online gaming and sports wagering, SharpLink has increasingly shifted its focus towards blockchain-based finance while also incorporating blockchain technology into its betting experience. The company has also implemented an aggressive ETH staking strategy, with more than 99% of its holdings allocated to staking protocols to generate yield. Since initiating the strategy last month, it has produced over 400 ETH in staking rewards. (related:Nvidia Stock To $200 As H200 Exports To China Resume?) Is SharpLink Stock Attractive? SharpLink Gaming is challenging to value using standard financial metrics, as the stock is increasingly perceived not as a typical business, but rather as a proxy for its significant crypto assets. Over the past three years, SharpLink Gaming has experienced an average revenue growth rate of 19.6%, in contrast to a 5.5% increase for the S&P 500, although sales have fallen by 27.0% over the last 12 months to roughly $5 million. The company's current market capitalization exceeds $2 billion, leading to a price-to-sales ratio of about 400x. SharpLink Gaming's profit margins are significantly poorer than those of most companies within the Trefis coverage universe, with an Operating Income of $-4.0 million over the past four quarters. However, SharpLink Gaming's balance sheet appears robust, as the company has no debts. Given the company's shift in focus, a more pertinent metric might be the 'ETH Concentration,' which the company defines as the ETH held per 1,000 diluted shares. This metric has increased by 23% since mid-June, providing shareholders with greater exposure to the cryptocurrency. For investors wishing to benefit from Ethereum's long-term potential through a regulated equity vehicle, without directly holding crypto assets, SharpLink may offer a high-risk, high-reward alternative. Are you concerned about the unpredictable nature of SBET stock? The Trefis High Quality (HQ) Portfolio, comprising 30 stocks, has consistently outperformed the S&P 500 over the past 4-year period. What accounts for this? As a whole, HQ Portfolio stocks have delivered superior returns with less risk compared to the benchmark index; a smoother ride, as shown in HQ Portfolio performance metrics.
Forbes
18-07-2025
- Business
- Forbes
Sable Offshore's Big Bet: Can It Justify A 28% Rise?
CANADA - 2025/06/04: In this photo illustration, the Sable Offshore logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sable Offshore (NYSE: SOC) has regained attention. The independent oil and gas operator from California, which manages offshore platforms and pipelines associated with its Santa Ynez Unit, witnessed its stock jump 28.4% on July 17, significantly surpassing the overall market performance. This surge follows the company's long-anticipated resumption of production in May 2025, alongside ambitious new guidance forecasting 40,000 to 50,000 barrels of oil equivalent per day (BOE/d) for the latter half of the year. This optimism has led to a significant reassessment of the stock, which is now priced around $28, up from approximately $22 just days prior. However, even with strong momentum, the underlying fundamentals remain precarious. SOC continues to operate at a loss, has a considerable $873 million debt burden, and is particularly vulnerable to fluctuations in oil prices and operational risks offshore. Despite these challenges, a $295 million equity raise has provided the company with some leeway, and optimistic analysts view this ramp-up as a stepping stone towards profitability. However, if you seek potential growth with less volatility than individual stocks, consider the High Quality portfolio, which has outperformed the S&P and achieved >91% returns since its inception. Additionally, refer to RGTI stock: Path to 10x Growth. Strong Revenue, Significant Losses In Q1 2025, SOC reported a net loss of $109.5 million (–$1.05 per share), failing to meet analyst forecasts. Nevertheless, revenue came in impressively strong at $78 million, demonstrating the initial effects of resumed oil flows. The loss was primarily attributed to restart-related operational expenses, increased interest costs, and non-cash adjustments related to warrants and financing activities. Motivated by robust early production from Platform Harmony, SOC elevated its output forecast for the second half of 2025 from 20,000–25,000 BOE/d to 40,000–50,000 BOE/d, nearly doubling previous estimates. Simultaneously, the company has moderated its expectations for per-barrel operational costs, indicating enhanced capital efficiency and potential margin improvements as production volumes increase. Is Sable Offshore Financially Secure? SOC's balance sheet reveals a mixed situation. On one side, the company possesses $189 million in cash, representing a healthy 12.1% of total assets, thereby offering a robust liquidity cushion. Conversely, its debt-to-equity ratio stands at 46.4%, more than double the S&P 500 average of 19.4%, indicating heightened financial risk in comparison to broader markets. While liquidity is manageable in the near term, the company's high leverage necessitates future profitability to maintain its capital structure, especially as production grows and interest obligations escalate. Valuation: Too Much, Too Fast? In spite of the operational advancements, SOC stock appears overvalued in relation to its fundamentals. It is trading at a premium compared to its peers, even while it continues to incur losses and relies on execution-focused production targets. Investors seem to be factoring in the best-case scenarios – a precarious position for a company with a limited recent operational track record and significant downside risks. The recent uptick may be hasty unless the company can consistently deliver production, manage expenses, and progress towards generating sustainable cash flow. A Smarter Approach to Market Engagement SOC represents a classic high-risk, high-reward energy investment — but at this valuation, the risk may overshadow the potential reward. Investing in a single stock involves considerable risk. You might consider the Trefis Reinforced Value (RV) Portfolio, which has achieved superior performance compared to its all-cap stock benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000 benchmark indices)to deliver strong returns for investors. What accounts for this? The quarterly rebalanced composition of large-, mid-, and small-cap RV Portfolio stocks enables an adaptable approach to take advantage of favorable market conditions while mitigating losses during market downturns, as described in RV Portfolio performance metrics.
Forbes
18-07-2025
- Business
- Forbes
What To Expect From Newmont's Q2?
CANADA - 2025/03/23: In this photo illustration, the Newmont Mining Corporation logo is seen ... More displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Newmont (NYSE:NEM) is scheduled to announce its earnings on Thursday, July 24, 2025. The consensus estimate for earnings is approximately $1.01 per share, while revenues are projected to increase by nearly 9% compared to the same quarter last year, thanks to higher average gold prices. However, potential benefits from pricing may be somewhat countered by rising costs and slightly limited production due to ongoing operational adjustments following the Newcrest acquisition. The company's current market capitalization stands at $66 Bil. Over the past twelve months, its revenue reached $20 Bil, and it remained operationally profitable with $7.0 Bil in operating profits and net income of $5.1 Bil. Much will hinge on how results compare to consensus and expectations; therefore, understanding historical trends could give event-driven traders an advantage. There are two methods to achieve this: comprehend the historical probabilities and position oneself ahead of the earnings announcement, or examine the relationship between immediate and medium-term returns following the earnings release and adjust your strategy accordingly post-announcement. Consequently, if you're looking for upside with less volatility than single stocks, the Trefis High Quality portfolio offers an alternative, having outperformed the S&P 500 and recorded returns exceeding 91% since its inception. View earnings reaction history of all stocks Newmont's Historical Odds of Positive Post-Earnings Returns Here are some insights on one-day (1D) post-earnings returns: Additional data regarding observed 5-Day (5D) and 21-Day (21D) returns post-earnings is summarized along with the statistics in the table below. NEM 1D, 5D, and 21D Post Earnings Return Correlation Between 1D, 5D, and 21D Historical Returns A relatively lower-risk strategy (though less effective if correlation is weak) is to analyze the relationship between short-term and medium-term returns following earnings, identify a pair with the highest correlation, and carry out the appropriate trade. For instance, if 1D and 5D exhibit the highest correlation, a trader can position themselves 'long' for the next 5 days if the 1D post-earnings return is positive. The following correlation data is based on 5-year and 3-year (more recent) history. Please note that the correlation 1D_5D indicates the correlation between 1D post-earnings returns and the subsequent 5D returns. NEM Correlation Between 1D, 5D, and 21D Historical Returns Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all three: the S&P 500, S&P mid-cap, and Russell 2000), yielding strong returns for investors. Additionally, if you desire upside with a smoother experience than an individual stock like Newmont, consider the High Quality portfolio, which has exceeded the S&P and achieved returns of over 91% since its inception.
