Earnings Whispers - November 8, 2025

Summary for Friday, November 7, 2025

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A summary of guidance and results for the day, with a list of top surprises
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Top Earnings News

Wendy's International Beat Expectations

Logo for Wendys CompanyWendy's International (WEN) reported earnings of $0.24 per share on revenue of $549.52 million for the third quarter ended September 2025. The consensus earnings estimate was $0.20 per share on revenue of $541.06 million. The Earnings Whisper number was $0.21 per share. The company beat expectations by 14.29% while revenue fell 3.04% compared to the same quarter a year ago.

The company said it continues to expect 2025 earnings of $0.82 to $0.89 per share. The current consensus earnings estimate is $0.86 per share for the year ending December 31, 2025.

"Third quarter results were in line with our expectations, reflecting continued strength in our international business with 8.6% systemwide sales growth, the addition of 54 new restaurants globally and adjusted EBITDA growth," said Ken Cook, Interim CEO.

Wendy' Co franchises and operates company-owned Wendy’s quick-service restaurants specializing in hamburger sandwiches throughout North America.

Chart for Wendys Company

Positive Guidance

Fulgent Genetics Guides to a 2025 Profit

Logo for Fulgent GeneticsFulgent Genetics (FLGT) said it expects 2025 non-GAAP earnings of approximately $0.30 per share on revenue of approximately $325.0 million. The company's previous guidance was a loss of approximately $0.35 per share on revenue of approximately $320.0 million, and the current consensus estimate is a loss of $0.30 per share on revenue of $319.84 million for the year ending December 31, 2025.

Fulgent Genetics’ proprietary technology platform has created a broad, flexible test menu and the ability to continually expand and improve its proprietary genetic reference library while maintaining accessible pricing, high accuracy and competitive turnaround times.

Chart for Fulgent Genetics

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Negative Guidance

CNH Lowers Guidance

Logo for CNH Global N.V.CNH Global N.V. (CNH) said it expects 2025 earnings of $0.40 to $0.50 per share. The company's previous guidance was earnings of $0.50 to $0.70 per share, and the current consensus earnings estimate is $0.57 per share for the year ending December 31, 2025.



Chart for CNH Global N.V.

Other Top Guidance Announcements

FLRFluor Raises Guidance
SNWVSanuwave Health Sees Revenue Below Estimates
ANIPANI Pharmaceuticals Raises Guidance
AIRSAirSculpt Lowers Guidance
SHOSunstone Hotel Investors Reaffirms
GTNGray Television Guides Below Estimates
ATMUAtmus Filtration Technologies Raises Guidance, but Earnings Remain In-line with Estimates
DIBS1stdibs.com Guides In-line
RPIDRapid Micro Biosystems Raises Guidance
KOPKoppers Narrows Guidance with Revenue Below Estimates
HLLYHolley Raises Guidance, but Remains In-line with Estimates
TASKTaskUs Sees Revenue Below Estimates

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See Alex’s full “Project Orion” briefing before the news breaks.

Positive Surprise

Delek US Beat Expectations

Logo for Delek US HoldingsDelek US (DK) reported earnings of $1.52 per share on revenue of $2.89 billion for the third quarter ended September 2025. The consensus earnings estimate was $0.28 per share on revenue of $2.71 billion. The Earnings Whisper number was $0.21 per share. The company beat expectations by 623.81% while revenue fell 5.11% compared to the same quarter a year ago.

Delek US Holdings Inc is an integrated energy company. The Company is engaged in petroleum refining, transportation, storage and wholesale of crude oil and intermediate and refined products and convenience store retailing.

Chart for Delek US Holdings

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Negative Surprise

Soho House & Co Inc. Missed Consensus Estimates

Logo for Soho House & Co. IncSoho House & Co Inc. (SHCO) reported a loss of $0.10 per share on revenue of $370.75 million for the third quarter ended September 2025. The consensus earnings estimate was $0.02 per share on revenue of $354.80 million. The company missed consensus estimates by 600.00% while revenue grew 11.21% on a year-over-year basis.

Soho House & Co Inc. is a global membership platform of physical and digital spaces that connects a vibrant, diverse, and international group of members.

Chart for Soho House & Co. Inc

A calendar showing logos of companies scheduled to report earnings on the next business day.

Rigetti Computing is Expected to Beat Estimates

Logo for Rigetti Computing IncRigetti Computing (RGTI) is confirmed to report earnings on Monday, November 10, 2025 at approximately 4:05 PM ET. The consensus estimate is a loss of $0.05 per share on revenue of $2.39 million, respresenting 0.5% year-over-year revenue growth, and the Earnings Whisper ® number is a loss of $0.04 per share. Investors are 10.5% bearish going into the company's earnings release. Option traders are pricing in a 17.9% move on earnings and the stock has averaged a 6.9% move in recent quarters.

Chart for Rigetti Computing Inc

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A list showing logos of companies scheduled to report earnings on the next business day based on expected moves.


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