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2 hours ago
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Navient's Q2 Earnings in the Cards: Here's What to Expect
Navient Corporation NAVI is scheduled to report second-quarter 2025 results on July 30, before the opening bell. Its quarterly revenues are expected to have risen, while earnings are expected to have declined on a year-over-year the last reported quarter, NAVI's adjusted earnings beat the Zacks Consensus Estimate. The results were driven by lower expenses. However, a rise in provision for loan losses and a decrease in net interest income (NII) were has an impressive earnings surprise history. Its earnings outpaced estimates in each of the trailing four quarters and missed once, with the average earnings surprise being 27.10%. Navient Corporation Price and EPS Surprise Navient Corporation price-eps-surprise | Navient Corporation Quote The Zacks Consensus Estimate for earnings of 29 cents per share has remained unchanged in the past week. The figure indicates a 39.6% plunge from the year-ago reported consensus estimate for sales of $142.8 million suggests a rise of 5%. Factors to Influence Navient's Results in Q2 Revenues: Per the Fed's latest data, consumer loan demand was stable in the second quarter. The demand remained solid on account of a strong labor market despite tariff uncertainties. As such, Navient's Consumer Lending segment is expected to have recorded a decent rise in revenues. However, elevated prepayment due to student loan forgiveness and subdued origination volume are likely to have limited the company's revenue growth in the Federal Education Loans Zacks Consensus Estimate for NII (Core) is pegged at $142.9 million, indicating a sequential decline of 0.8%. The consensus estimate for NII (Federal Education loan) is pegged at $48.6 million, suggesting a slight rise on a sequential basis. The Zacks Consensus Estimate for NII (consumer lending) is pegged at $111.5 million, implying a decline of 1.4%. The consensus estimate for servicing revenues is pegged at $10 million, indicating a 23.3% fall from the prior quarter. The Zacks Consensus Estimate for asset recovery and business processing revenues of $6.8 million implies a 70.3% decline. The Zacks Consensus Estimate for total non-interest income of $25.1 million indicates a 50.7% decline Navient's cost-control measures are expected to have boosted operating efficiency and lowered expenses in the second quarter. Last year, the company announced strategic actions, which are expected to have resulted in a further decline in operating expenses in the to-be-reported quarter. What the Zacks Model Reveals for Navient NAVI does not have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better — for increasing the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP ESP: The Earnings ESP for Navient is -7.66%.Zacks Rank: The company currently carries a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Performance of NAVI's Peers Capital One's COF second-quarter 2025 adjusted earnings of $5.48 per share surpassed the Zacks Consensus Estimate of $3.83. The bottom line also compared favorably with $4.06 in the prior results benefited from higher NII and non-interest income. Also, loans and deposits improved in the quarter. However, the increase in expenses and jump in provisions were undermining Financial's ALLY second-quarter 2025 adjusted earnings of 99 cents per share surpassed the Zacks Consensus Estimate of 78 cents. Further, the bottom line reflected a jump of 35.6% from the year-ago benefited from a rise in net finance revenues and other revenues. Further, lower non-interest expenses and reduced provision provided support. However, a decline in net finance receivables and lower loans and deposits were the undermining factors for ALLY. 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 Capital One Financial Corporation (COF) : Free Stock Analysis Report Ally Financial Inc. (ALLY) : Free Stock Analysis Report Navient Corporation (NAVI) : 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 hours ago
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What's in the Cards for Arthur J. Gallagher This Earnings Season?
Arthur J. Gallagher & Co. AJG is expected to register an improvement in its top and bottom lines when it reports second-quarter 2025 results on July 31, after the closing Zacks Consensus Estimate for AJG's second-quarter revenues is pegged at $3.17 billion, indicating 15.8% growth from the year-ago reported consensus estimate for earnings is pegged at $2.36 per share. The Zacks Consensus Estimate for AJG's second-quarter earnings has moved down 0.8% in the past 30 days. The estimate suggests a year-over-year increase of 4.4%. What the Zacks Model Unveils for AJG Our proven model does not conclusively predict an earnings beat for Arthur J. Gallagher this time. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold). This is not the case, as you can see below:Earnings ESP: Arthur J. Gallagher has an Earnings ESP of -0.05%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Arthur J. Gallagher & Co. Price and EPS Surprise Arthur J. Gallagher & Co. price-eps-surprise | Arthur J. Gallagher & Co. Quote Zacks Rank: AJG carries a Zacks Rank #4 (Sell) at present. Factors Likely to Shape Q2 Results of AJG Better performances in both segments are likely to aid AJG's second-quarter results. New business, solid retention and higher renewal premiums across its business lines are likely to have benefited the second-quarter Zacks Consensus Estimate for fees is pegged at $925 million, indicating an increase of 12% from the prior-year period's reported number. The consensus mark for commissions is pegged at $1.8 billion, implying 12.5% growth from the prior-year period's reported client retention, strong new business production, and increases in customer business activity are expected to have favored the Risk management strong customer retention, higher new business generation and increasing renewal premiums, an improvement in interest income earned on own and fiduciary funds are expected to have benefited the Brokerage segment. Increased commissions and fees, higher supplemental revenues and improved contingent revenues and investment income, as well as strategic mergers and acquisitions, are likely to have driven the top line in the to-be-reported quarter. Total expenses are likely to have increased mainly because of higher compensation, reimbursements, interest, amortization and changes in estimated acquisition earnout payables. Stocks to Consider Here are some insurance stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:American International Group, Inc. AIG has an Earnings ESP of +0.18% and a Zacks Rank #3 at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for second-quarter 2025 earnings is pegged at $1.58 per share, indicating a year-over-year increase of 36.2%. AIG's earnings beat estimates in three of the last four quarters while missing in Inc. AIZ has an Earnings ESP of +1.99% and carries a Zacks Rank of 3 at present. The Zacks Consensus Estimate for second-quarter 2025 earnings is pegged at $4.43 per share, implying an increase of 8.5% from the year-ago reported earnings beat estimates in each of the last four Republic International Corporation ORI has an Earnings ESP of +3.45% and carries a Zacks Rank of 3 at present. The Zacks Consensus Estimate for second-quarter 2025 earnings is pegged at 73 cents per share, implying a decrease of 44.7% from the year-ago reported earnings beat estimates in each of the last four quarters. 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 American International Group, Inc. (AIG) : Free Stock Analysis Report Assurant, Inc. (AIZ) : Free Stock Analysis Report Arthur J. Gallagher & Co. (AJG) : Free Stock Analysis Report Old Republic International Corporation (ORI) : 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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2 hours ago
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Should You Buy, Sell or Hold CCJ Stock Before Q2 Earnings Release?
Cameco Corporation CCJ is scheduled to report second-quarter 2025 results on July 31, before the opening bell. The Zacks Consensus Estimate for Cameco's second-quarter revenues is $630.7 million, indicating 44.3% growth from the year-ago quarter's actual. The consensus mark for CCJ's earnings for the quarter is pegged at 36 cents per share. It indicates a significant improvement of 260% from the prior-year quarter's reported figure of 10%. Over the past 60 days, the estimate has moved up 50%. Image Source: Zacks Investment Research Cameco's Earnings Surprise History Over the trailing four quarters, Cameco's earnings missed the Zacks Consensus Estimate thrice and surpassed the same once. CCJ has an average trailing four-quarter negative earnings surprise of 48.50%. The trend is shown in the chart below. Image Source: Zacks Investment Research What the Zacks Model Unveils for CCJ Our proven model does not conclusively predict an earnings beat for Cameco 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. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Earnings ESP: The Earnings ESP for Cameco is +18.69%. Zacks Rank: CCJ currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank stocks here. Factors Likely to Have Shaped Cameco's Q2 Performance CCJ has a 69.8% stake in the McArthur River mine and 83% in the Key Lake mill — the world's largest high-grade uranium mine and mill. Cameco has a 54.5% interest in Cigar Lake, which is the world's highest-grade uranium 2025, the McArthur River/Key Lake and Cigar Lake operations are each expected to produce 18 million pounds of uranium. Cameco's attributable share of this total is projected at 22.4 million pounds, down slightly from 23.4 million pounds in company has guided to uranium sales between 31 million and 34 million pounds in 2025 compared with 33.6 million pounds sold in the previous the first quarter of 2025, Cameco's share of uranium production reached 6 million pounds, marking a 3% year-over-year increase. The impact on production of the planned maintenance shutdown at the Key Lake mill during the second quarter is expected to have been offset by improved mill availability at Cigar Lake. As a result, second-quarter production is likely to exceed the 6.2 million pounds recorded in the same period last year. Fuel services (which include UF6 conversion, UO2 and heavy water reactor fuel bundles) production for 2025 is expected to be in the band of 13-14 million kgU. The company had produced 13.5 million kgU in 2024. Production volume in the second quarter of 2024 was 2.9 kgU and sales volume was 2.9 kgU. We expect the second-quarter 2025 numbers to be higher than these levels and likely to have positively influenced CCJ's second-quarter performance. Uranium prices have under pressure this year due to oversupply and uncertain demand. Prices have averaged $72.59 per pound during the second quarter, down 17% year over year. However, Cameco's second-quarter revenues are likely to reflect the impact of fixed-price contracts on the portfolio. Meanwhile, the average unit cost of production at McArthur River/Key Lake is expected to have been higher, while the average unit production cost at Cigar Lake is expected to have trended down with increased planned production. The company has been lowering its debt levels, which is likely to have led to lower interest expenses, thereby boosting earnings. Cameco has been progressing to lower administration, exploration and operating costs, which is likely to have helped offset the impacts of elevated costs on its earnings. Cameco, in June, announced that it expects an increase of $170 million in its 49% equity share of Westinghouse Electric Company's (Westinghouse) 2025 second-quarter and annual adjusted EBITDA. This is tied to Westinghouse's participation in the construction project for two nuclear reactors at the Dukovany power plant in the Czech Republic. This is expected to aid Cameco's second-quarter results as well. CCJ's Price Performance & Valuation Cameco shares have appreciated 75.3% in the past three months, outpacing the industry's return of 5.5%. In comparison, the Zacks Basic Materials sector and the S&P 500 have gained 8.3% and 15.2%, respectively. Image Source: Zacks Investment Research Meanwhile, the company's peer Energy Fuels UUUU has surged 125% in the past three months while Uranium Energy UEC has gained 67.8%. Cameco stock is trading at a forward price-to-sales ratio of 13.31 compared with the industry's 1.24. It is also above its five-year median of 6.60. Image Source: Zacks Investment Research The company is, however, cheaper than peer Energy Fuels' and Uranium Energy's price-to-sales ratios of 21.91 and 50.78, respectively. Investment Thesis on Cameco Geopolitical events, energy security concerns and the global focus on the climate crisis amid rising low-carbon energy demand have created tailwinds for the nuclear power industry. Given CCJ's high-grade assets and diversified portfolio spanning the nuclear fuel cycle, it is well-poised to capitalize on these trends. Cameco accounted for 16% of global uranium production in 2024. Supported by a strong balance sheet, CCJ is making investments to boost its capacity. However, the current decline in uranium prices is concerning. Also, changes to the Mineral Extraction Tax for uranium in Kazakhstan will impact its earnings. Should You Buy CCJ Stock Now? Cameco is likely to deliver improved results in the second quarter, supported by higher sales volumes and contributions from the Fuel services segment and Westinghouse. However, an earnings beat seems unlikely in the quarter. Considering CCJ's stretched valuation, steering clear of the stock for now seems prudent. 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 Cameco Corporation (CCJ) : Free Stock Analysis Report Energy Fuels Inc (UUUU) : Free Stock Analysis Report Uranium Energy Corp. (UEC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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3 days ago
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Is a Beat in the Cards for Everest Group This Earnings Season?
Everest Group, Ltd. EG is expected to register an improvement in its top line but a decline in its bottom line when it reports second-quarter 2025 results on July 30, after the closing Zacks Consensus Estimate for EG's second-quarter revenues is pegged at $4.40 billion, indicating 4.1% growth from the year-ago reported consensus estimate for earnings is pegged at $15.14 per share. The Zacks Consensus Estimate for EG's second-quarter earnings has decreased by 0.06% over the past 30 days. The estimate suggests a year-over-year decline of 10.1%. What the Zacks Model Unveils for EG Our proven model predicts an earnings beat for Everest Group this time. This is because the stock has the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold), which increases the chances of an earnings ESP: Everest Group has an Earnings ESP of +0.85%. This is because the Most Accurate Estimate of $15.27 is pegged higher than the Zacks Consensus Estimate of $15.14. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Everest Group, Ltd. Price and EPS Surprise Everest Group, Ltd. price-eps-surprise | Everest Group, Ltd. Quote Zacks Rank: EG carries a Zacks Rank #3 at present. Factors Likely to Shape EG's Q2 Results Premium growth is likely to have been driven by the solid performance of EG's Reinsurance and Insurance segments. We expect the net written premium to increase 6.6% to $4.3 billion in the second Insurance segment is likely to have benefited from an increase in property, short-tail business, specialty casualty business and other specialty lines of business, as well as new business. We estimate premiums earned to increase 0.6% to $915.1 million in the to-be-reported Reinsurance segment is expected to have benefited from solid international growth, improved property pro rata and property catastrophe excess of loss lines of business. We expect premiums earned to improve 12.6% to $3 billion in the second investment income is likely to have gained from higher income from fixed maturity investments, an increase in short-term investments, as well as an increase in income from other invested assets. A decline in limited partnership income is likely to have offset the upside. We expect net investment income to be $475.6 million. The Zacks Consensus Estimate is pegged at $495 top line in the to-be-reported quarter is expected to have gained from higher net written premiums and net investment income. Rate increases, exposure growth and traditional risk management capabilities are expected to have improved underwriting profitability, leading to an increase in the combined ratio. We expect the combined ratio to be 85.4 in the to-be-reported quarter. The Zacks Consensus Estimate for the metric is pegged at 91. We estimate underwriting income from the Insurance segment to be $94.3 million. The same from the Reinsurance segment is expected to be $451.9 million in the to-be-reported claims & expenses are likely to have increased largely owing to higher incurred losses and loss adjustment expenses, commission, brokerage, taxes and fees and other underwriting expenses. We expect the metric to increase 3.2% to $3.5 billion. Share buybacks in the to-be-reported quarter are anticipated to have provided a boost to the bottom line. Other Stocks to Consider Here are some other insurance stocks you may want to consider, as our model shows that these, too, have the right combination of elements to post an earnings beat:American International Group, Inc. AIG has an Earnings ESP of +0.18% and a Zacks Rank #3 at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for second-quarter 2025 earnings is pegged at $1.58 per share, indicating a year-over-year increase of 36.2%. AIG's earnings beat estimates in three of the last four quarters while missing in Inc. AIZ has an Earnings ESP of +1.99% and carries a Zacks Rank of 3 at present. The Zacks Consensus Estimate for second-quarter 2025 earnings is pegged at $4.43 per share, implying an increase of 8.5% from the year-ago reported earnings beat estimates in each of the last four Investment Corporation MTG has an Earnings ESP of +2.37% and carries a Zacks Rank of 3 at present. The Zacks Consensus Estimate for second-quarter 2025 earnings is pegged at 70 cents per share, implying a decrease of 9.1% from the year-ago reported earnings beat estimates in each of the last four quarters. 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 American International Group, Inc. (AIG) : Free Stock Analysis Report MGIC Investment Corporation (MTG) : Free Stock Analysis Report Assurant, Inc. (AIZ) : Free Stock Analysis Report Everest Group, Ltd. (EG) : 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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7 days ago
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Annaly is Set to Report Q2 Earnings: What's in Store for the Stock?
Annaly Capital Management Inc. NLY is scheduled to report second-quarter 2025 results on July 23, after market close. The company's results are expected to reflect year-over-year increases in earnings and net interest income (NII) in the quarter to be reported. In the last reported quarter, the mortgage real estate investment trust (mREIT) posted earnings available for distribution per share of 72 cents, beating the Zacks Consensus Estimate. Improvements in the average yield on interest-earning assets supported results. However, the company registered a year-over-year decline in book value per share (BVPS). Annaly has an impressive earnings surprise history. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 2.60%. Annaly Capital Management Inc Price and EPS Surprise Annaly Capital Management Inc price-eps-surprise | Annaly Capital Management Inc Quote Let us see how things have shaped up prior to the second-quarter earnings announcement. Despite interest rate cuts by the Federal Reserve in 2024, mortgage rates did not come down meaningfully. In the second quarter, mortgage rates fluctuated, but they remained in the mid-to-upper 6% range. As such, refinancing activities and origination volumes witnessed decent growth. Amid this, a significant portion of NLY's MBS holdings is anticipated to have witnessed elevated levels of constant prepayment rate. This is expected to have positively impacted net premium amortization in the second quarter, thereby supporting growth in interest income and average asset yield. The consensus estimate for second-quarter NII is pegged at $410.5 million, suggesting a rise from the year-ago quarter's reported NII of $53.6 million. The primary-secondary spread has averaged 1.06% in the second quarter of 2025, below the first quarter's average of 1.12%. Due to increased volatility in the market, the primary-secondary spread may be slightly skewed. As such, NLY's gain on sale margins in the second quarter of 2025 are likely to have been relatively steady. With primary-secondary spreads relatively stable and increased mortgage rate volatility, Annaly is likely to have seen a decline in its book value per share in the quarter to be reported. Given the relatively lower prepayment speed, the company's mortgage servicing rights portfolio is likely to have been impacted positively to some extent. This is anticipated to have increased NLY's servicing fees in the quarter to be reported. The Zacks Consensus Estimate for net servicing income of $121 million indicates a year-over-year rise of 13%. What the Zacks Model Reveals for Annaly Our proven model does not show that an earnings beat is likely for NLY this time around. This is because the company does not have the right combination of the two key ingredients — a positive Earnings ESP and Zacks Rank #3 (Hold) or higher — for increasing the odds of an earnings beat. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: Annaly has an Earnings ESP of 0.00%. Zacks Rank: Annaly currently carries a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for earnings has been unchanged at 71 cents. The metric indicates a year-over-year rise of 4.4%. NLY Peers Worth a Look A couple of Annaly peers that have the right combination of elements to post an earnings beat in the upcoming releases per our model are Angel Oak Mortgage REIT Inc. AOMR and ARMOUR Residential REIT, Inc. ARR. The Earnings ESP for AOMR is +3.70% and it currently carries a Zacks Rank #3. The company is expected to report second-quarter 2025 results on August 5. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. ARR is expected to release second-quarter 2025 earnings on July 23. The company, which carries a Zacks Rank #3 at present, has an Earnings ESP of +1.86%. 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 ARMOUR Residential REIT, Inc. (ARR) : Free Stock Analysis Report Annaly Capital Management Inc (NLY) : Free Stock Analysis Report Angel Oak Mortgage REIT Inc. (AOMR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
