Stocks Mixed as Earnings Season Highlights Surprises at Republic Services and Sanmina
SHARE
Stocks Mixed as Earnings Season Highlights Surprises at Republic Services and Sanmina

Major U.S. stock indices were trading lower at midday on November 5, 2025, as investors digested new corporate earnings and evaluated the resilience of both consumer and business demand. The latest earnings season has become a pivotal period for markets as participants scrutinize corporate performance and economic indicators to gauge the outlook for the broader economy. The following is an update on three notable publicly listed companies: NOV Inc. (NYSE: NOV), Republic Services, Inc. (NYSE: RSG), and Sanmina Corporation (NASDAQ: SANM).

NOV Inc. (NOV)

Shares of NOV Inc. were down 2.06% at midday, trading at $14.75, a decrease of $0.31 from the previous close. NOV Inc., a provider of equipment and technology for the global energy industry and headquartered in Houston, Texas, has not reported any significant news or material corporate updates over the past week.

Republic Services, Inc. (RSG)

Republic Services, Inc., a leading provider of environmental services with headquarters in Phoenix, Arizona, saw its shares rise by 1.19% to $207.74, up $2.44 from the prior session. On October 30, 2025, Republic Services reported third-quarter earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.77 and delivering a 7.34% earnings surprise. The company posted revenues of $4.21 billion for the quarter, slightly missing consensus projections by 0.99%.

Analysts have given mixed assessments of the company in recent days. Scotiabank maintained a "Sector Perform" rating as of October 31, 2025. According to American Banking News, Republic Services holds a consensus "Moderate Buy" rating from 25 research firms, with a median 12-month price target of $253.65. However, JPMorgan Chase & Co. recently lowered its price target from $260.00 to $233.00 on November 2, maintaining a "Neutral" outlook on the stock.

Sanmina Corporation (SANM)

Sanmina Corporation, a global electronics manufacturing services provider based in San Jose, California, experienced a notable surge in its stock price, rising 16.60% to $163.58, up $23.30 from the prior close. The latest available corporate update came from November 6, 2023, with the announcement of its fourth-quarter and fiscal 2023 financial results, which reported revenues of $2.05 billion and a non-GAAP diluted earnings per share of $1.42. There have been no significant news developments reported for the company in the last week.

With market volatility persisting during earnings season, investors remain attentive to signals from company reports and analyst commentary in order to assess future economic conditions. As always, stock prices and analyst recommendations may fluctuate, so it is advisable to consult reliable financial news sources or seek guidance from a professional financial advisor for the most current information. For a detailed overview of the current market climate and analysis, see the original article on Yahoo! Finance.