Zacks Names Amphenol Bull of the Day, Pilgrim's Pride Bear of the Day

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Zacks Equity Research has highlighted Amphenol as its Bull of the Day and Pilgrim's Pride as its Bear of the Day. Amphenol, a Zacks Rank #1 Strong Buy, reported record second-quarter adjusted earnings of $1.35 per share, up 66.7% year over year and beating the consensus estimate of $1.19, with revenues surging 55% to a record $8.76 billion. The company raised its full-year expectations for the acquired CommScope connectivity and cable business to $4.6 billion in sales and 30 cents of adjusted EPS accretion, up from prior guidance of $4.1 billion and 15 cents. Pilgrim's Pride, a Zacks Rank #5 Strong Sell, posted adjusted earnings of 64 cents per share, missing the consensus estimate of 75 cents and collapsing 62.4% from $1.70 a year ago, as net sales fell 2.8% to $4.63 billion and gross profit dropped 52.5% to $339.8 million. Zacks also provided analysis on Uber Technologies, WeRide, and Amazon, noting that Uber and Wayve received Private Hire Vehicle licenses from Transport for London for several self-driving Ford Mustang Mach-E vehicles, moving them closer to launching autonomous rides in London.

Impact on stocks 7

Robotics & Physical AI · 2 stocks
WeRide Inc.
0800
± MixedRegulationrelevance

Mentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.

Uber Technologies Inc
UBER
± MixedRegulationrelevance

Mentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.

Semiconductors · 1 stocks
Amphenol Corporation
APH
▲ PositiveCapitalrelevance

Record Q2 earnings beat and raised full-year guidance for CommScope acquisition.

Consumer Staples · 1 stocks
Pilgrims Pride Corp
PPC
▼ NegativeCapitalrelevance

Q2 earnings miss and significant year-over-year decline in profits and sales.

Artificial Intelligence · 1 stocks
Electrification & Mobility · 1 stocks
Consumer Discretionary · 1 stocks

Off-coverage companies 1

Wayve Technologies LimitedPrivate± Mixed
Regulationrelevance

Mentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.