Earnings Preview · 15 October 2026
Where our screen stands going in
Fails the principled screen, Excluded industry: Banks – Diversified. A strong business is not the same as a suitable one; for a values-conscious book this is a do-not-chase regardless of the print.
What the Street expects
Consensus looks for earnings of about $2.26 a share on revenue near $5.6B. Over the next twelve months analysts pencil in $10.25 of earnings per share against $8.57 over the last twelve, growth of about 20%. The median analyst target is $172 (range $135 to $184), 25% above the $137.64 share price, across 14 analysts.
Levels that matter
At $137.64 the shares sit 17% below the 52-week high of $165.84 and 33% above the low of $103.11 (55% of the way up the range).
Valuation going in
The shares trade about 16% below our fair-value estimate: a modest cushion. Our fair-value estimate is $162.87 against the current share price of $137.64. The shares trade at 17.5 times trailing earnings and 14.7 times forward earnings. Revenue is growing about 13% with net margins near 29%.
Our stance
We are not participants, the name fails our principled screen, so we watch it as a sentiment gauge, not a holding.
What the flow says going in
Underlying money flow reads as distribution (21-day Chaikin Money Flow -0.05, five-day price change -0.6%, as of 2026-10-12, desk flow model).
This is analysis, not financial advice. Always manage your risk.
