Track market-moving stories before they get noisy

Caesars Entertainment (CZR - Free Report) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to a loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -408.33%. A quarter ago, it was expected that this casino and resort operator would post earnings of $0.04 per share when it actually produced a loss of $0.3, delivering a surprise of -850%.

Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

Caesars Entertainment, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $2.94 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 1.38%. This compares to year-ago revenues of $2.87 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Caesars Entertainment shares have added about 23.9% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for Caesars Entertainment?While Caesars Entertainment has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Caesars Entertainment was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.09 on $3 billion in revenues for the coming quarter and -$0.95 on $11.85 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Leisure and Recreation Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Trip.com (TCOM - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026.

This travel services company is expected to post quarterly earnings of $1.18 per share in its upcoming report, which represents a year-over-year change of -69.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Trip.com's revenues are expected to be $2.81 billion, up 8.9% from the year-ago quarter.

Sensata (ST - Free Report) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +17.71%. A quarter ago, it was expected that this maker of sensing, electrical protection, control and power management products would post earnings of $0.93 per share when it actually produced earnings of $0.98, delivering a surprise of +5.38%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Sensata, which belongs to the Zacks Instruments - Control industry, posted revenues of $1 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 3.25%. This compares to year-ago revenues of $931.98 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Sensata shares have added about 22.2% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for Sensata?While Sensata has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Sensata was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.96 on $969 million in revenues for the coming quarter and $3.77 on $3.88 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Instruments - Control is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Transcat, Inc. (TRNS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.

This company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents a year-over-year change of -6.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Transcat, Inc.'s revenues are expected to be $91.45 million, up 11.2% from the year-ago quarter.

Arch Capital Group (ACGL - Free Report) came out with quarterly earnings of $2.67 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.77 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +24.19%. A quarter ago, it was expected that this property and casualty insurer would post earnings of $2.49 per share when it actually produced earnings of $2.56, delivering a surprise of +2.81%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Arch Capital, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $4.47 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.30%. This compares to year-ago revenues of $4.72 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Arch Capital shares have added about 6.7% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for Arch Capital?While Arch Capital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Arch Capital was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.46 on $4.4 billion in revenues for the coming quarter and $9.77 on $17.68 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

NMI Holdings (NMIH - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on November 5.

This mortgage insurance company is expected to post quarterly earnings of $1.32 per share in its upcoming report, which represents a year-over-year change of +9.1%. The consensus EPS estimate for the quarter has been revised 1.2% lower over the last 30 days to the current level.

NMI Holdings' revenues are expected to be $189.98 million, up 6.3% from the year-ago quarter.

Shares of Archer Aviation (ACHR +7.36%) charged sharply higher Tuesday morning, gaining as much as 9.6%. By the time the market closed, the stock was still up 7.4%.

The catalyst that sent the electric vertical takeoff-and-landing (eVTOL) aircraft specialist higher was news of opportunistic buying by a prominent name on Wall Street.

Image source: Archer Aviation.

Cathie Wood hits buyReports emerged this week that Cathie Wood, CEO of Ark Investment Management, has been scooping up shares of Archer Aviation. ARK Autonomous Technology & Robotics fund added 781,854 shares on Monday, while ARK Space Exploration & Innovation fund purchased 379,750. In all, ARK scooped up more than 1 million shares yesterday, worth nearly $4.6 million as of Monday's closing price.

Archer unveiled plans last week to establish air taxi networks across Houston, Dallas-Fort Worth, and Austin. The goal of this venture is to give commuters in "America's fastest-growing megaregion a way to skip traffic and turn hour-long drives into 10- to 20-minute flights on its all-electric Midnight air taxi." By connecting major airports to associated business districts and coastal destinations, Archer is tapping into a desire to avoid traffic, saving users time and money.

$4.23+$0.29 (+7.36%)

NYSE · As of 4:00 PM ET 10/27/26

To be clear, Archer will require a sign-off from the Federal Aviation Administration (FAA) for its Midnight air taxi, which is working its way through the final stages of the process. The company won't generate any revenue from its proposed air taxi business until regulatory approval has been granted.

Change is coming. Archer's recent deal with Boeing will expand its potential and add much-needed revenue to the mix, though the company will likely remain unprofitable for the foreseeable future.

As such, Archer Aviation stock has shed nearly 63% of its value over the past year as investors weigh the high-risk, high-reward nature of owning shares.

Danny Vena, CPA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing. The Motley Fool has a disclosure policy.

3 Low P/E Stock ETFs for Hungry Value InvestorsManhattan Associates NASDAQ: MANH reported third-quarter results that exceeded its expectations, driven by accelerating cloud revenue, record bookings and growth in remaining performance obligations, or RPO. The company raised its full-year revenue, profitability and RPO outlook while saying it believes consensus expectations for 2027 are generally appropriate.

Total third-quarter revenue increased 11% year over year to $306 million, marking the company’s first quarter above $300 million in revenue. Cloud revenue rose 28% to $134 million, surpassing services revenue for the first time. Services revenue grew 1% to $134 million.

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“Manhattan delivered record Q3 and year-to-date results,” President and CEO Eric Clark said. He cited 28% cloud revenue growth, a 25% increase in RPO to $2.6 billion and the company’s fourth consecutive quarter of record bookings.

Bookings, RPO and Customer Activity
Manhattan ended the quarter with RPO of $2.59 billion, up 25% from a year earlier and 5% sequentially. CFO Linda Pinne said 40% of RPO is expected to be recognized as revenue over the next 24 months, compared with 39% at the end of the second quarter. She attributed the increase to strong deal volume and faster deployments.

New logos represented about 35% of new cloud bookings, while the company’s win rate remained above 70%, Clark said. Year-to-date deal volume has already exceeded Manhattan’s total deal volume for all of 2025.

Clark said bookings momentum was diversified across new logos, customer expansions and renewals. The company’s dedicated renewal organization has helped drive cross-selling, upselling and pricing conversations, he said, with multi-product and artificial intelligence additions increasingly occurring at renewal.

Examples of third-quarter customer activity included a U.S. grocer becoming a new Active Warehouse and Active AI customer, a medical technology company converting from an on-premises deployment to Active Warehouse, and an energy transmission and distribution company becoming a new Active Warehouse and Active Transportation customer.

Management said it expects the mix of new logos, on-premises-to-cloud conversions and expansions to trend toward roughly one-third each over time. Clark said new logos remain the largest category year to date, though all three areas are making meaningful contributions.

AI, Editions and Partner Expansion
Clark said Manhattan’s embedded Active AI products contributed to third-quarter deal flow, including an AI upsell through the Google Cloud Marketplace. The company said it has maintained a 100% conversion rate from AI pilots to AI subscriptions, though it remains early in the product’s commercialization.

Management highlighted customer outcomes from Active Agents, including a third-party logistics provider that reduced wave planning time by 50%, appointment-booking clerical time by 80% and wave-failure investigation time by nearly 70%. A retailer reduced invoice write-offs by almost 20% and invoice-resolution time by more than 70%, according to the company.

Clark also said a meaningful number of customers have begun skipping the pilot phase and going directly to AI subscriptions. Manhattan does not plan to report AI revenue by product on a quarterly basis, but Pinne said AI contributed to third-quarter performance and that the company expects to provide more detail during its fourth-quarter discussion of 2027.

During the quarter, Manhattan introduced its Editions packaging structure, including Essentials for lower-complexity supply chains, Enterprise for mid-range needs and Enterprise Premier for more sophisticated customers. The company closed several Active Warehouse Enterprise Edition transactions that historically may have been sold as Active Scale deployments, Clark said.

Manhattan also closed its first Essentials Edition deal. Clark said the prospect was not in the pipeline at the beginning of the quarter and approached the company after the Editions announcement. He said the company expects Editions to expand its addressable market, shorten sales cycles and support additional partner-sourced activity, though material impact is more likely in the second half of the coming year.

Partner-sourced deals rose more than fourfold year to date from the prior year. Clark said partners are increasing hiring and training investments, while Manhattan has added measurement and competitive structures intended to encourage partners to achieve higher-tier status.

Profitability and Capital Allocation
Adjusted operating profit was $115 million, representing an adjusted operating margin of 37.6%. Pinne said strong cloud growth offset higher go-to-market investments and bonus accruals. Adjusted earnings per share rose 14% to $1.55, while GAAP EPS increased 8% to $1.04.

Operating cash flow totaled $69 million, producing a 22.1% free-cash-flow margin. Manhattan ended the quarter with $199 million in cash and no debt. The company repurchased $50 million of shares during the quarter, bringing year-to-date buybacks to a record $325 million. It had $175 million remaining under its repurchase authorization.

Raised 2026 Outlook and Initial 2027 Commentary
Manhattan raised its full-year RPO growth outlook to 21%, from its previous target range of 18% to 20%. It now expects full-year revenue of $1.176 billion to $1.178 billion, representing 12% growth excluding license and maintenance attrition, or 9% growth on an all-in basis.

Fourth-quarter total revenue is targeted at about $291 million.
Fourth-quarter cloud revenue is expected to be $136 million, with services revenue of $122 million.
Full-year adjusted operating margin guidance increased to a 35.3% midpoint, with fourth-quarter adjusted operating margin targeted at 36.1%.
Full-year adjusted EPS guidance increased to $5.54 to $5.56, while fourth-quarter adjusted EPS is expected to be $1.38.

For 2027, Pinne said the company believes consensus estimates are generally appropriate, including 20% cloud revenue growth, low-single-digit services revenue growth and continued operating-margin expansion. Manhattan plans to provide formal 2027 guidance with its fourth-quarter results.

Clark also announced that Juan Perez will join Manhattan’s board effective Jan. 28. Perez most recently served as executive vice president and chief information officer at Salesforce and previously held technology leadership roles at UPS.

About Manhattan Associates (NASDAQ:MANH)Manhattan Associates, Inc develops supply chain commerce software for retailers, wholesalers, manufacturers and logistics providers. Its solutions help organizations plan, execute and optimize inventory, warehouse, transportation and omnichannel fulfillment operations.

The company's product portfolio includes warehouse management, transportation management, order management, inventory optimization, labor management and point-of-sale capabilities. Manhattan Associates also provides tools that support warehouse automation, store fulfillment, distributed order management and customer engagement across digital and physical retail channels.

Founded in 1990 and headquartered in Atlanta, Georgia, Manhattan Associates serves customers across North America, Europe, Asia-Pacific and other international markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Manhattan Associates Right Now?Before you consider Manhattan Associates, you'll want to hear this.

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Banc of California (BANC - Free Report) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +2.22%. A quarter ago, it was expected that this banking service and lending company would post earnings of $0.4 per share when it actually produced earnings of $0.13, delivering a surprise of -67.5%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Banc of California, which belongs to the Zacks Banks - Southwest industry, posted revenues of $303.8 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 1.24%. This compares to year-ago revenues of $287.73 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Banc of California shares have lost about 6.7% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for Banc of California?While Banc of California has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Banc of California was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.50 on $317.35 million in revenues for the coming quarter and $1.72 on $1.19 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Red River Bancshares (RRBI - Free Report) , is yet to report results for the quarter ended September 2026.

This holding company for Red River Bank is expected to post quarterly earnings of $1.83 per share in its upcoming report, which represents a year-over-year change of +12.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Red River Bancshares' revenues are expected to be $34.35 million, up 7.6% from the year-ago quarter.

Cerebras Systems (CBRS +10.10%) charged sharply higher on Tuesday, climbing as much as 11.2%. By the time the market closed, the stock was still up 10.1%.

The catalyst that sent the artificial intelligence (AI) chipmaker higher was a collaboration with a titan in the tech industry.

Image source: The Motley Fool.

Head in the cloudsIn a press release that dropped on Tuesday, Cerebras announced plans to make its "fast inference" available to Oracle (ORCL +3.55%) Cloud Infrastructure (OCI) customers, including "AI labs, enterprises, and developers building interactive, intelligent applications."

Cerebras went on to tout the benefits of its Wafer-Scale Engine (WSE) -- a massive semiconductor 58 times larger than Nvidia's Blackwell B200 AI chip. The WSE combines 900,000 compute cores and boasts "19 times more transistors, 250 times more on-chip memory, and 2,625 times more memory bandwidth" than the B200, according to a regulatory filing.

The issue that plagues current AI processing is latency, or the delays that naturally occur when data travels across chips or networks. Cerebras says that integrating compute and memory on a single wafer-scale processor reduces data movement, thereby reducing latency and speeding inference -- or the processes AI systems execute once training has been completed.

$119.31+$10.94 (+10.10%)

NASDAQ · As of 4:00 PM ET 10/27/26

AI agents, which are trained to complete complex, multi-step processes without additional human intervention, are gaining in popularity. Each step in the process increases latency, which can slow agentic workflows as the complexity and number of steps increase.

Access to Cerebras WSE is already available on Amazon Web Services (AWS) and Microsoft's Azure. Adding Oracle to the mix is an important validation for Cerebras' technology. Beyond that, it gives the chipmaker access to Oracle's existing base of enterprise customers, increasing its growth potential.

In the second quarter, Cerebras said its fast inference cloud business nearly quadrupled, with cloud revenue surging 287% year over year to a record $128 million, while core total revenue jumped 103% to $210 million. Additionally, the company is spending heavily to expand its data center capacity, so its losses continue to mount.

To be clear, Cerebras is a risky proposition as the technology is still finding its customer base. Moreover, it competes directly with Nvidia, widely regarded as the leading AI chipmaker, so Cerebras is working hard to carve out a niche in a highly competitive landscape. And at 39 times sales, there's a lot of growth baked into its valuation.

Let the buyer beware.

Danny Vena, CPA has positions in Amazon, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Amazon, Microsoft, Nvidia, and Oracle. The Motley Fool has a disclosure policy.

Jim Cramer has a challenge for NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang. In a post on X on Tuesday, the CNBC host dared Huang to buy debt issued by CoreWeave Inc. (NASDAQ:CRWV), which now yields around 15%.

CRWV stock is volatile. Get all the details you need here.  Huang Says No Backstop NeededCramer’s jab follows Huang’s public defense of the AI cloud provider. Huang said last week CoreWeave doesn’t need a backstop, though some investors argue the chipmaker’s further participation may be necessary if credit conditions continue to worsen.

The bond market has not shared Huang’s confidence. Borrowing costs on CoreWeave’s debt kept rising through the month, with the yield on its 9.75% bonds due in 2031 reaching a record 16.009%. 

CoreWeave has accumulated more than $51 billion in debt and lease obligations to build out its AI infrastructure, and both stock and bond investors are balking at the spending. 

A Wall of MaturitiesCoreWeave has about $20.7 billion in debt coming due through 2030 and another $14.9 billion thereafter, with the prospect of higher interest rates on future financing. 

Equity holders have felt the pain too. After going public in March of last year and reaching a peak market cap of about $90 billion three months later, CoreWeave is now valued at roughly $31 billion, per Benzinga Pro data. 

Read Next

Cramer Stays In Huang’s Corner, MostlyCramer has spent weeks defending both men. In an Oct. 18 column, he argued Huang has credibility, conceding the public debt market CoreWeave needs to keep growing may be halted, while maintaining Nvidia’s chips hold up. 

He described the bear case as a bet on CoreWeave running out of willing lenders. Cramer pushed back on comparisons between Nvidia and the telecom busts of Lucent and Nortel.

His tone turned more cautious a week later. In an Oct. 25 piece, Cramer wrote CoreWeave’s stock had taken a steep fall with its high-yield debt as the culprit, and noted worries about its ability to service the debt without fresh money from prospective initial public offerings of Anthropic and OpenAI. Both AI labs rank among CoreWeave’s key customers.

Shares showed some life this week. The stock rose Monday, prompting Cramer to ask on X whether it was attempting a rally after a 37% slide over the past month. CoreWeave remains roughly 61% below its 52-week high of $141.79.

Read Next

The Bottom LineBond yields above 15% sit in distressed territory. If Huang truly believes CoreWeave’s financing picture is improving, Cramer’s dare puts a simple test in front of him.

Nvidia has the cash. Whether it wants more exposure to CoreWeave’s balance sheet is another question.

CRWV Stock Price Activity: CoreWeave stock was down 0.07% at $59.53 during after-hours trading Tuesday, according to Benzinga Pro market data.

Photo: Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Kinross Gold Corporation (“Kinross” or the “Company”) (NYSE: KGC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Kinross and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 23, 2026, Kinross issued a press release “provid[ing] an operational, guidance and return of capital update.” Specifically, Kinross advised that “[t]he Company now expects full-year 2026 and 2027 attributable production to be 2% to 3% below the low end of the previously disclosed guidance, with approximately 1.84 to 1.86 million gold equivalent ounces (‘Au eq. oz.’) expected per year. The change to the Company’s 2026 guidance is concentrated at two smaller assets, La Coipa and Round Mountain, and is the result of extreme weather and operational challenges.” 

On this news, Kinross’s stock price fell $3.20 per share, or 11.59%, to close at $24.42 per share on September 24, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of DaVita Inc. (“DaVita” or the “Company”) (NYSE: DVA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether DaVita and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On October 20, 2026, the U.S. Department of Health and Human Services (“HHS”) announced “a coordinated department-wide strategy focused on revitalizing American kidney care.” The new federal plan explicitly aims to target the heavily concentrated structure of the domestic dialysis market by introducing aggressive competition measures, penalizing established dominance, and transitioning incentives toward early-stage preventive care. 

On this news, DaVita’s stock price fell $11.65 per share, or 6.23%, to close at $175.35 per share on October 20, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

PPG Industries (PPG - Free Report) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +5.63%. A quarter ago, it was expected that this paint and coatings maker would post earnings of $2.26 per share when it actually produced earnings of $2.23, delivering a surprise of -1.33%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

PPG Industries, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $4.35 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.82%. This compares to year-ago revenues of $4.08 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

PPG Industries shares have added about 7.3% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for PPG Industries?While PPG Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for PPG Industries was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.70 on $4.06 billion in revenues for the coming quarter and $7.86 on $16.72 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the bottom 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Flexible Solutions International Inc. (FSI - Free Report) , is yet to report results for the quarter ended September 2026.

This company is expected to post quarterly loss of $0.02 per share in its upcoming report, which represents a year-over-year change of +50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Flexible Solutions International Inc.'s revenues are expected to be $13.91 million, up 31.7% from the year-ago quarter.

In the latest trading session, Workday (WDAY - Free Report) closed at $205.46, marking a -1.46% move from the previous day. This move lagged the S&P 500's daily gain of 0.6%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 1.18%.

The maker of human resources software's stock has climbed by 10.55% in the past month, exceeding the Computer and Technology sector's loss of 6.18% and the S&P 500's loss of 0.79%.

The upcoming earnings release of Workday will be of great interest to investors. The company is predicted to post an EPS of $2.74, indicating a 18.1% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.69 billion, reflecting a 10.6% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $11.12 per share and a revenue of $10.66 billion, demonstrating changes of +20.48% and +11.58%, respectively, from the preceding year.

It is also important to note the recent changes to analyst estimates for Workday. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.17% lower within the past month. Workday is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Workday is currently trading at a Forward P/E ratio of 18.75. This valuation marks a discount compared to its industry average Forward P/E of 21.46.

Investors should also note that WDAY has a PEG ratio of 1 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Software industry had an average PEG ratio of 1.27 as trading concluded yesterday.

The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

For the quarter ended September 2026, Waste Management (WM - Free Report) reported revenue of $6.85 billion, up 6.3% over the same period last year. EPS came in at $2.15, compared to $1.98 in the year-ago quarter.

The reported revenue represents a surprise of +0.61% over the Zacks Consensus Estimate of $6.8 billion. With the consensus EPS estimate being $2.18, the EPS surprise was -1.38%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Waste Management performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Internal Revenue Growth - Period-to-Period Change - Total - As a % of Total Company: 6.3% versus the five-analyst average estimate of 5.6%.Internal Revenue Growth - Period-to-Period Change - Volume - As a % of Total Company: 0.8% versus 0.5% estimated by three analysts on average.Internal Revenue Growth - Period-to-Period Change - Acquisitions - As a % of Total Company: 0.6% versus the two-analyst average estimate of 0.2%.Internal Revenue Growth - Period-to-Period Change - Total average yield - As a % of Total Company: 5.1% compared to the 4.7% average estimate based on two analysts.Internal Revenue Growth - Period-to-Period Change - Internal revenue growth - As a % of Total Company: 5.9% versus the two-analyst average estimate of 5.2%.Net Operating revenues- Renewable Energy: $167 million versus $160.3 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +45.2% change.Net Operating revenues- Recycling Processing and Sales: $441 million compared to the $432.2 million average estimate based on three analysts. The reported number represents a change of +18.6% year over year.Net Operating revenues- Healthcare Solutions: $651 million compared to the $640.52 million average estimate based on three analysts. The reported number represents a change of +3.7% year over year.View all Key Company Metrics for Waste Management here>>>

Shares of Waste Management have returned +16.8% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

French yield correlations fade sharply
AI sentiment increasingly linked to dollar strength
Fed, ECB face hawkish pricing test
EUR/USD downside risks build below 1.1130
EUR/USD's fascination with French debt looks to have disappeared, with growing evidence that AI sentiment is once again influencing not only the pair, but also the broader US dollar.

While the Federal Reserve meeting later Wednesday provides an obvious macro risk event, it could well be earnings from Microsoft and Alphabet after the US market close that end up being more important for the direction of the pair.

French debt fears fade
As is so often the case, what seemed to be the most important thing in the world for the euro just a week ago now appears almost irrelevant, at least judging by recent correlations.

The focus on rioting, failed budget negotiations and the sharp rise in French government bond yields, which had demonstrated an increasingly strong inverse relationship with EUR/USD, now appears to have all but gone by the wayside. Whether that's down to Moody's surprise decision to leave France's sovereign credit rating unchanged last Friday, or simply markets moving on to something else, is anyone's guess.

Source: LSEG

But what is evident is that the short-term relationship between French longer-dated bond yields and EUR/USD has all but collapsed. Instead, as the graphic below shows, our equally weighted basket of AI-related markets, comprising Nasdaq 100 futures, SOX, KOSPI futures and Nikkei futures, appears to be having a growing influence on the broader US dollar and, to a lesser degree, EUR/USD.

Considering the evidence that AI sentiment is once again influencing the US dollar, perhaps as a proxy for the US growth outlook, earnings updates from Microsoft and Alphabet after Wednesday's market close may well be influential on the dollar's broader performance as we move into Thursday's session.

Fed and ECB face hawkishness hurdle
Before that, of course, we have the small matter of the Fed's October interest rate decision. However, after being guided by several senior Fed officials that the broader FOMC is likely to remain patient when it comes to tightening policy, the meeting is viewed as very much a placeholder, with markets assigning just an 8% probability to a 25bp hike.

Looking ahead to December, however, that pricing flips sharply towards the prospect of a hike, with markets assigning around a 93% probability that rates will be at least 25bp higher by then. For EUR/USD today, it will likely come down to whether the tone of the statement, the voting split and Kevin Warsh's press conference are hawkish enough to justify that near-term rate outlook.

Source: TradingView

Less than 24 hours later, we'll also get the ECB's October rate decision, which, like the Fed, is seen as a placeholder ahead of an expected hike in December.

With no updated economic forecasts accompanying the decision, the focus for EUR/USD will again be on communication, particularly whether the policy statement and Christine Lagarde's press conference can reinforce the hawkish pricing already embedded in the curve, or give markets reason to question it.

EUR/USD downside risks building

Source: TradingView

After managing to bounce from the 50% retracement of the January 2025 to January 2026 bull move earlier this month, EUR/USD has once again come under selling pressure. The pair struggled to sustain moves above 1.1250 on several occasions before selling accelerated over recent sessions, taking the price back beneath the 50% retracement at 1.1130 and leaving it within touching distance of the October 14 low at 1.1113.

That now becomes the immediate focal point beneath where the pair trades, with 1.1065 the next level of note, marking the swing low set back in May 2025. Beneath that, there's almost no visible support until 1.0900, a level the pair has often gravitated towards and traded either side of over recent years.

Looking at the recent price action, there's early evidence of a descending triangle beginning to form, with a series of lower highs pressing down towards support around 1.1113. While it's still early doors, the price action is showing signs of compressing, suggesting that selling pressure is building and the risk of a downside break is elevated over the short to medium term.

That assessment is reinforced by the fact that EUR/USD continues to trade beneath all its key medium and long-term moving averages, while the message from the oscillators is also firmly bearish. RSI (14) is rolling back towards oversold territory, although it's yet to revisit the extreme reading seen earlier this month. MACD also remains negative and is closing in on its signal line, threatening another bearish crossover. Taken together, momentum looks to be rebuilding on the downside.

Should we see a bounce from the nearby support zone, the immediate focal point would be the minor downtrend resistance around 1.1250, where the pair struggled earlier this month. Above that, 1.1325 comes into view, followed by the 38.2% Fibonacci retracement at 1.1355 and former support at 1.1363, which gave way during the latest leg lower.

Overall, the price action looks heavy, and selling into strength remains the preferred approach. Until the US economic exceptionalism story really starts to break down, the euro comes across as being firmly in the too hard basket to get excited about.

NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Neogen Corporation (“Neogen” or the “Company”) (NASDAQ: NEOG).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Neogen and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 29, 2026, the U.S. Food and Drug Administration (“FDA”) announced that it had issued a warning letter to Neogen “following an investigation that linked a veterinary wound care product labeled as sterile, Neogen Vet HYCOAT (hyaluronate sodium sterile solution), to serious infections and deaths in horses.”  The FDA said that “[t]his incident involved at least 20 horse deaths, making it the largest number of horse deaths ever associated with a quality defect in an FDA-regulated veterinary medical product and the most deaths of any animal species linked to microbiological contamination of an FDA-regulated product labeled as sterile” and further stated that “Neogen initiated a voluntary recall of HYCOAT in late January 2026.” 

On this news, Neogen’s stock price fell $0.99 per share, or 7.22%, to close at $12.73 per share on September 29, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Lennar Corporation (“Lennar” or the “Company”) (NYSE: LEN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Lennar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

Lennar reported fiscal third-quarter deliveries of 20,840 homes, above the 20,500 it initially forecast, at a time when the housing market was weakening. A report found that Millrose Properties bought hundreds of Lennar homes in the final week of that quarter, and that without those purchases Lennar's deliveries may have fallen below its target. Lennar spun off Millrose in 2025, and Lennar's CEO reportedly holds significant voting power over it.

 On this news, Lennar’s stock price fell $2.30 per share, or 2.80%, to close at $79.81 per share on October 2, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Concentrix Corporation (“Concentrix” or the “Company”) (NASDAQ: CNXC).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Concentrix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 29, 2026, Concentrix reported its financial results for the second quarter of its 2026 fiscal year.  Among other items, Concentrix reduced its revenue and adjusted earnings forecasts, citing faster offshoring and customer spending reductions. 

On this news, Concentrix’s stock price fell $2.82 per share, or 11.18%, to close at $22.41 per share on 30, 2026. 

Then, on September 29, 2026, Concentrix again lowered its revenue outlook and disclosed a $1.05 billion noncash goodwill impairment, primarily attributed to its stock’s trading range and market capitalization. Together with its fiscal 2025 impairment, the charges totaled approximately $2.57 billion.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

 | Source: Ultralife Corporation

NEWARK, N.Y., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) today announced that it has entered into an Agreement and Plan of Merger (“merger agreement”) with EnerSys (NYSE: ENS) under which upon closing EnerSys will acquire Ultralife Corporation in an all-cash transaction valued at approximately $320 million, including the assumption of net debt.

Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both companies, Ultralife Corporation shareholders will receive $16.00 in cash for each share of Ultralife Corporation common stock they own. The purchase price represents a premium of 166% to Ultralife Corporation’s closing stock price on October 26, 2026.

Strategic Benefits of the Transaction:

Ultralife is highly complementary to EnerSys and a combination creates a compelling platform for continued innovation, customer support and growth. Together, we believe EnerSys and Ultralife would be well positioned to:

Establish a unique portfolio of integrated, mission-critical power solutions by combining complementary products, engineering capabilities and application-specific design expertise;
Increase scale and broaden exposure to the large and rapidly growing defense market with capabilities across mission-critical applications in munitions, soldier power, drones, counter drones, and autonomous systems accelerating focused growth;
Expand EnerSys’ advanced defense power technology portfolio with the addition of Ultralife’s differentiated multi-chemistry capabilities, purpose-built advanced manufacturing capacity with existing security and environmental permits, and operational expertise to scale production of EnerSys’ proprietary liquid reserve battery technology; and
Deepen customer relationships by creating a broader, Foreign Entity of Concern (FEOC)-compliant product portfolio for U.S. Department of War and allied country customers. Management Commentary:

"Combining with EnerSys is an exciting next step that will allow us to unlock value and growth opportunities for both companies, while delivering substantial and certain cash value to Ultralife shareholders,” said Michael E. Manna, President and Chief Executive Officer of Ultralife Corporation. “This transaction is a testament to the hard work and dedication of our entire organization, and now offers even greater opportunities for our valued employees. We look forward to partnering with the EnerSys team with the combined scale, resources, and shared vision to accelerate innovation and better serve our global customer base."

“This acquisition is a compelling strategic fit for EnerSys and directly advances our strategy to build a broader, more differentiated defense power platform,” said Shawn O'Connell, President and Chief Executive Officer of EnerSys. “Building on the success of our recent acquisitions, Ultralife expands our portfolio of advanced, reliable, high-performance power solutions. Together, we will be better positioned to support the U.S. Department of War (DoW) and allied forces with leading-edge, cost-effective technologies for the increasingly electrified battlefield of the future. We know the Ultralife business and its team well, and are confident that our shared commitment to engineering, problem solving, and customer focus will create a strong cultural fit. We look forward to combining our strengths to accelerate growth, enhance performance, and deliver greater value to our customers and shareholders.”

Transaction Details and Timing:

EnerSys intends to finance the transaction through cash on hand and, accordingly, is not subject to a financing contingency. The transaction has been unanimously approved by the Boards of Directors of both companies. Under the terms of the merger agreement, EnerSys, through a subsidiary, will commence a tender offer to acquire all of the outstanding shares of Ultralife common stock at a price of $16.00 per share in cash at closing, representing a total enterprise value of approximately $320 million. The transaction is subject to customary closing conditions, including the tender of at least a majority of the outstanding shares of Ultralife’s common stock and receipt of applicable regulatory approvals, and is expected to close in the first quarter of calendar year 2027. Upon completion of the transaction, Ultralife Corporation’s common stock will no longer be listed on any public market.

About Ultralife Corporation

Ultralife is a global leader in mission-critical battery, power, communications and compute solutions for the most demanding applications in government/defense, medical, oil & gas and industrial markets across the globe.

Headquartered in Newark, New York, the Company's business segments include Battery & Energy Products and Communications Systems. Ultralife has operations in North America, Europe and Asia. For more information, visit www.ultralifecorporation.com.

About EnerSys

EnerSys is a global leader in stored energy solutions helping industrial, infrastructure and defense customers address critical power and operational needs with batteries, chargers and other power equipment. The company delivers integrated solutions that combine energy storage technologies, power electronics, software-enabled intelligence, technical expertise and comprehensive global customer support. EnerSys supports customers across communications networks, data centers, energy infrastructure, material handling, transportation, aerospace and defense — including applications where power continuity is essential. Serving customers in more than 100 countries, EnerSys helps organizations manage energy more reliably, efficiently and intelligently in complex operating environments where uptime, safety and resilience matter. For more information, visit www.enersys.com.

Additional Information and Where to Find It

The Offer has not yet commenced. This communication is for informational purposes only and is neither a recommendation, nor an offer to purchase nor a solicitation of an offer to sell securities of Ultralife or any other entity, nor is it a substitute for any tender offer materials that Parent, Merger Sub or Ultralife will file with the SEC. A solicitation and an offer to buy securities of Ultralife will be made only pursuant to an offer to purchase and related materials that Parent and Merger Sub intend to file with the SEC.

At the time the Offer is commenced, Parent and Merger Sub intend to file a Tender Offer Statement on Schedule TO with the SEC, and Ultralife will thereafter file a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC with respect to the Offer. THE STOCKHOLDERS AND OTHER INVESTORS OF ULTRALIFE ARE URGED TO READ THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, THE RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT SHOULD BE READ CAREFULLY BEFORE ANY DECISION IS MADE WITH RESPECT TO THE OFFER.

The Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement on Schedule 14D-9, will be sent to all stockholders of Ultralife at no expense to them. The Schedule TO, the Schedule 14D-9 and other related documents will also be made available for free at the SEC’s website at www.sec.gov. Additional copies may be obtained for free by contacting either EnerSys or Ultralife, or by contacting D.F. King & Co., Inc., the information agent for the Offer, toll-free at (866) 388-7535. Copies of the documents filed with the SEC by Ultralife will be available free of charge on Ultralife’s website at investor.ultralifecorporation.com. Copies of the documents filed with the SEC by EnerSys will be available free of charge on EnerSys’s website at www.enersys.com or by contacting EnerSys at (610) 208-1991.

In addition to the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement on Schedule 14D-9, EnerSys and Ultralife each file annual, quarterly and current reports, proxy statements and other information with the SEC, which are available to the public over the internet at the SEC’s website at http://www.sec.gov.

Forward-Looking Statements

This press release contains “forward-looking statements.” These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of EnerSys and Ultralife to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases, forward-looking statements may be identified by terms such as “may,” “will,” “could,” “expects,” “plans,” “anticipates,” “believes” and similar expressions intended to identify forward-looking statements. These statements reflect Ultralife’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, investors should not place undue reliance on these forward-looking statements. Forward-looking statements include, without limitation, statements regarding the Offer, the Merger and the other transactions contemplated by the Merger Agreement, the timing of the Offer and related transactions, the possibility that the transaction does not close, uncertainties as to how many of Ultralife’s stockholders will tender their stock in the offer; the possibility that competing offers will be made; the possibility that various closing conditions for the transaction may not be satisfied or waived, including any governmental or regulatory approvals, the anticipated benefits of the transaction, the integration of Ultralife into EnerSys, prospective performance and opportunities, post-closing operations and the outlook for the businesses of EnerSys and Ultralife, and any assumptions underlying any of the foregoing.

The following are some of the factors that could cause actual future results to differ materially from those expressed in any forward-looking statements: (i) uncertainties as to the timing of the Offer and the Merger; (ii) the risk that the Offer or the Merger may not be completed in a timely manner or at all; (iii) uncertainties as to the percentage of Ultralife’s stockholders tendering their Shares in the Offer; (iv) the possibility that competing offers or acquisition proposals for Ultralife will be made; (v) the possibility that any or all of the conditions to consummation of the Offer or the Merger may not be satisfied or waived, including failure to receive required regulatory approvals or clearances or the imposition of conditions, limitations or restrictions on those approvals; (vi) the occurrence of any event, change or other circumstance that could give rise to termination of the Merger Agreement, including circumstances requiring Ultralife to pay the Company Termination Fee or Parent to pay the Reverse Termination Fee; (vii) the effect of the announcement or pendency of the transactions on the ability of EnerSys or Ultralife to retain and hire key personnel, maintain relationships with customers, suppliers and other business partners, or conduct their businesses; (viii) risks related to diverting management’s attention from ongoing business operations; (ix) the risk that stockholder litigation relating to the transactions may result in significant costs of defense, indemnification and liability; and (x) other factors set forth from time to time in each of EnerSys’s and Ultralife’s filings with the SEC, including its Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Any forward-looking statements set forth in this press release speak only as of the date of this press release. Ultralife does not intend to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof, other than as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.

Acquisition Expands Alamo Group's Industrial Equipment Portfolio and Strengthens the Company's Platform in the United Kingdom

, /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) ("Alamo Group" or the "Company") today announced that it has acquired Econ Engineering Group Limited ("Econ"), a leading UK manufacturer of roadway maintenance trucks and equipment for £120 million, or approximately $158,700,000, subject to customary closing adjustments.

Founded in 1969 and headquartered in Ripon, North Yorkshire, Econ manufactures equipment used in year-round road maintenance, including gritters, de-icing vehicles, road patching and repair equipment, and multi-purpose truck bodies. Econ also operates a rental fleet of approximately 1,300 of its own vocational trucks and provides parts and service support to customers throughout the UK.

The acquisition represents another step in Alamo Group's strategy to expand its Industrial Equipment portfolio through disciplined investment in market-leading businesses serving essential infrastructure and maintenance applications.

"Econ is a strong addition to Alamo Group and advances our strategy to expand our Industrial Equipment portfolio," said Robert Hureau, Chief Executive Officer, Alamo Group Inc. "Its leading market position, differentiated products, strong customer service capabilities, attractive financial profile, and resilient end-markets make Econ a great fit with our portfolio of industrial businesses. Econ also gives us a stronger platform in the UK and creates opportunities for long-term growth. Beyond the initial synergies we expect from bringing Econ onto Alamo Group's platform, we see significant room to grow the business both within and beyond its core market. We want to welcome all the Econ Engineering team members to our family and are excited about our future together."

For its fiscal year-ended March 31, 2026, Econ generated approximately $88 million of net sales and $38.5 million of Adjusted EBITDA.

Econ's primary customers include UK local authorities, government agencies and related contractors. The business participates in road maintenance markets which are supported by statutory infrastructure-maintenance requirements in the UK.

"We are pleased to join Alamo Group and believe the combination provides an excellent foundation for the continued development of Econ," said Jonathan Lupton, Managing Director of Econ Engineering. "Alamo Group understands specialty equipment businesses and the importance of product quality, service and long-term customer relationships."

Following the acquisition, Econ will become part of Alamo Group's Industrial Equipment Division.

The purchase price of £120 million was funded through Alamo Group's revolving credit facility. D.A. Davidson MCF International served as financial advisor to Alamo Group for the acquisition. 

About Alamo Group

Alamo Group is a leader in the manufacture and sale of high-quality, purpose-built industrial and vegetation management equipment. We serve end-markets such as infrastructure building and maintenance, industrial construction, public works, land maintenance, agriculture and tree care. Our products are sold to independent equipment dealers and directly to contractors and municipalities. Product categories include vocational products (vacuum trucks, street sweepers, roadside safety equipment, excavators, and snow removal equipment) and light machinery (tractor mounted mowing equipment, land maintenance and recycling equipment) as well as related after-market parts and services. The Company operates two divisions: the Industrial Equipment Division and the Vegetation Management Division. Founded in 1969, the Company has approximately 3,800 employees and operates 27 manufacturing facilities in North America, Canada, Europe, Brazil and Australia. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.

Forward Looking Statements

This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, increasing costs due to inflation, disease outbreaks, geopolitical risks, including tariffs, trade wars, and the effects of the war in the Ukraine and the Middle East, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date.

SOURCE Alamo Group Inc.

CINCINNATI, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), the nation’s largest providers of end-of-life care, and Roto-Rooter, the nation’s largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its third quarter ended September 30, 2026, versus the comparable prior-year period.

Results for Quarter Ended September 30, 2026

Consolidated operating results:

Revenue increased 10.6% to $690.9 millionGAAP Diluted Earnings-per-Share (EPS) of $5.45, an increase of 22.2%Adjusted Diluted EPS of $6.75, an increase of 28.1% VITAS segment operating results:

Net Patient Revenue of $457.4 million, an increase of 12.2%Average Daily Census (ADC) of 24,428, an increase of 9.4%Admissions of 18,995, an increase of 7.2%Net Income, excluding certain discrete items, of $70.8 million, an increase of 44.7%Adjusted EBITDA, excluding Medicare Cap, of $92.5 million, an increase of 31.4%Adjusted EBITDA margin, excluding Medicare Cap, of 20.2%, an increase of 318-basis points
Roto-Rooter segment operating results:

Revenue of $233.5 million, an increase of 7.5%Net Income, excluding certain discrete items, of $33.3 million, a decline of 1.8%Adjusted EBITDA of $48.2 million, a decline of 2.5%Adjusted EBITDA margin of 20.6%, a decline of 213-basis points VITAS

VITAS net revenue was $457.4 million in the third quarter of 2026, which is an increase of 12.2% when compared to the prior-year period. This revenue increase is comprised primarily of a 9.4% increase in days-of-care and a geographically weighted average Medicare reimbursement rate increase of approximately 2.2%. Acuity mix shift negatively impacted revenue growth 25-basis points in the quarter when compared to the prior-year period’s revenue and level-of-care mix. The combination of Medicare Cap and other contra revenue changes positively impacted revenue growth by 85-basis points.

Total VITAS admissions increased 7.2% in the third quarter of 2026 compared to the third quarter of 2025.

In the third quarter of 2026, VITAS accrued $828,000 in Medicare Cap billing limitation. This compares to the Medicare Cap billing limitation recorded in the third quarter of 2025 of $6.1 million. No Medicare Cap billing limitation was recorded in the third quarter of 2026 for the Florida combined program, and none is anticipated for the 2026 fiscal period.

Of VITAS’ 33 Medicare provider numbers, 21 provider numbers have an anticipated full-year Medicare Cap cushion of 10% or greater, seven provider numbers have a cushion between 0% and 10%, and five provider numbers have a Medicare Cap billing limitation totaling $6.1 million.

Average revenue per patient per day in the third quarter of 2026 was $209.11 which is 196-basis points above the prior-year period. Reimbursement for routine home care and high-acuity care averaged $187.69 and $1,147.26, respectively. During the quarter, high-acuity days-of-care were 2.2% of total days of care, a decline of 5-basis points when compared to the prior-year quarter.

The third quarter 2026 gross margin, excluding Medicare Cap, was 25.4%, a 221-basis point increase from the same period of 2025. Selling, general and administrative expenses were $23.1 million in the third quarter of 2026 compared to $25.2 million in the prior-year quarter.

Adjusted EBITDA, excluding Medicare Cap, totaled $92.5 million in the quarter, an increase of 31.4% when compared to the prior-year period. Adjusted EBITDA margin in the quarter, excluding Medicare Cap, was 20.2%.

Roto-Rooter

Roto-Rooter generated quarterly revenue of $233.5 million in the third quarter of 2026, an increase of 7.5%, when compared to the prior-year quarter.

Roto-Rooter branch commercial revenue in the quarter totaled $59.9 million, an increase of 9.0% from the prior-year period. This aggregate commercial revenue change consisted of plumbing increasing 10.6%, drain cleaning increasing 6.8%, excavation increasing 5.5% and water restoration increasing 30.7%.

Roto-Rooter branch residential revenue in the quarter totaled $158.8 million, an increase of 5.2% over the prior-year period. This aggregate residential revenue change consisted of excavation increasing 7.8%, plumbing increasing 5.9%, water restoration increasing 6.2% and drain cleaning increasing 4.5%.

In the third quarter of 2026, revenue from independent contractors was $16.9 million which is flat compared to the same period of 2025.

Roto-Rooter’s third quarter 2026 gross margin was 50.3%. This compares to the prior-year quarter’s gross margin of 50.7%. Roto-Rooter’s selling, general and administrative expenses were $71.0 million in the quarter, which is an increase of 17.1% compared to the third quarter of 2025.

Adjusted EBITDA in the third quarter of 2026 totaled $48.2 million, a decline of 2.5% when compared to the third quarter of 2025. Adjusted EBITDA margin in the quarter was 20.6% which represents a 213-basis point decline from the third quarter of 2025.

During the third quarter of 2026, Roto-Rooter re-acquired multiple franchise territories in California for approximately $62.5 million. Collectively, these territories include a population of over 12 million people. Slightly over half of the revenue associated with acquired territories will become part of our owned and operated branch locations. Two new branches will be established in Sacramento and San Diego while other territories will be absorbed by existing branches. The remaining locations will become part of our independent contractor operating model.

Chemed Consolidated

As of September 30, 2026, Chemed had total cash and cash equivalents of $48.4 million and $236.0 million in long-term debt.

In April 2026, Chemed entered into a new five-year $450 million Amended and Restated Credit Agreement (Credit Agreement). This Credit Agreement consists of a $450 million revolving line of credit and a $250 million expansion feature. The interest rate on this Credit Agreement has a floating rate that is currently SOFR plus 100-basis points. There is approximately $166.7 million undrawn borrowing capacity under the Credit Agreement after excluding $47.3 million for Letters of Credit.

During the quarter, the Company repurchased 125,000 shares of Chemed stock for $66.0 million which equates to a cost per share of $528.24. Over the trailing 12-months, the Company has repurchased 1,235,000 shares of Chemed stock at an average price of $427.62 per share. As of September 30, 2026, there was approximately $73.7 million of remaining share repurchase authorization under the Company’s plan.

Guidance Update

Based on the Company’s financial results through September 30, 2026, we estimate that we will be at or slightly above the high-end of our full-year 2026 adjusted EPS guidance issued in conjunction with our press release, dated July 28, 2026, discussing our second quarter 2026 earnings. Further operational detail will be provided during the investor conference call.

Conference Call

As previously disclosed, Chemed will host a conference call and webcast at 10 a.m. ET, on Wednesday October 28, 2026, to discuss the company's quarterly results and to provide an update on its business. Participants may access a live webcast of the conference call through the investor relations section of Chemed’s website, Investor Relations Home | Chemed Corporation or the hosting website https://edge.media-server.com/mmc/p/v5gcs68f.

Participants may also register via teleconference at: https://register-conf.media-server.com/register/BId8ccb8a390cc4b6fbb29ab2b99a55028.

Once registration is completed, participants will be provided with a dial-in number containing a personalized conference code to access the call. All participants are instructed to dial-in 15 minutes prior to the start time.

A taped replay of the conference call will be available beginning approximately two hours after the call's conclusion. You may access the replay via webcast through the investor relations section of Chemed’s website.

Chemed operates in the healthcare field through its VITAS Healthcare Corporation subsidiary. VITAS provides daily hospice services to patients with severe, life-limiting illnesses. This type of care is focused on making the terminally ill patient's final days as comfortable and pain-free as possible.

Chemed operates in the residential and commercial plumbing and drain cleaning industry under the brand name Roto-Rooter. Roto-Rooter provides plumbing, drain cleaning, and water cleanup services through company-owned branches, independent contractors and franchisees in the United States and Canada. Roto-Rooter also has licensed master franchisees in the republics of Indonesia and Singapore, and the Philippines.

This press release contains information about Chemed’s EBITDA, Adjusted EBITDA, and Adjusted Diluted EPS, which are not measures derived in accordance with GAAP and which exclude components that are important to understanding Chemed’s financial performance. In reporting its operating results, Chemed provides EBITDA, Adjusted EBITDA and Adjusted Diluted EPS measures to help investors and others evaluate the Company’s operating results, compare its operating performance with that of similar companies that have different capital structures and evaluate its ability to meet its future debt service, capital expenditures and working capital requirements. Chemed’s management similarly uses EBITDA, Adjusted EBITDA, and Adjusted Diluted EPS to assist it in evaluating the performance of the Company across fiscal periods and in assessing how its performance compares to its peer companies. These measures also help Chemed’s management to estimate the resources required to meet Chemed’s future financial obligations and expenditures. Chemed’s EBITDA, Adjusted EBITDA and Adjusted Diluted EPS should not be considered in isolation or as a substitute for comparable measures calculated and presented in accordance with GAAP. We calculated Adjusted EBITDA margin by dividing Adjusted EBITDA by service revenue and sales. A reconciliation of Chemed’s Net Income to its EBITDA, Adjusted EBITDA and Adjusted Diluted EPS is presented in the tables following the text of this press release.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 REGARDING FORWARD-LOOKING INFORMATION

Statements in this press release contain forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods and are based upon assumptions subject to certain known and unknown risks, uncertainties, contingencies and other factors, including, but not limited to, the impact of laws and regulations on Chemed’s operations, including Medicare Cap and Medicare reimbursement rates, Chemed’s estimates of the effect of Medicare Cap on VITAS’ revenues and future prospects, Chemed’s expectations regarding VITAS’ patient mix and Chemed’s expectations regarding demand for Roto-Rooter’s services.

Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Chemed’s control. Chemed’s actual results and financial condition may differ materially from those indicated in the forward-looking statements included in this press release, including as a result of the risks described above and those described in Chemed’s Annual Report on Form 10-K for the year ended December 31, 2025 and in its Quarterly Reports filed in 2026. Any forward-looking statement made by Chemed in this press release is based only on information currently available to Chemed and speaks only as of the date on which it is made. Chemed undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 CHEMED CORPORATION AND SUBSIDIARY COMPANIESCONSOLIDATED STATEMENTS OF INCOME(in thousands, except per share data)(unaudited)               Three Months Ended September 30, Nine Months Ended September 30,  2026
 2025
 2026
 2025
Service revenues and sales $690,940  $624,900  $2,021,704   1,890,641 Cost of services provided and goods sold  457,978   425,143   1,351,507   1,289,778 Selling, general and administrative expenses (aa)  111,469   105,775   340,993   311,685 Depreciation  14,427   13,664   42,997   40,798 Amortization  2,974   2,570   8,263   7,713 Other operating expense  7,670   2,998   7,740   3,075 Total costs and expenses  594,518   550,150   1,751,500   1,653,049 Income from operations  96,422   74,750   270,204   237,592 Interest expense  (2,097)  (457)  (4,398)  (1,229)Other income--net (bb)  2,383   9,251   11,071   13,970 Income before income taxes  96,708   83,544   276,877   250,333 Income taxes  (25,060)  (19,307)  (71,224)  (61,846)Net income $71,648  $64,237  $205,653  $188,487 Earnings Per Share            Net income $5.49  $4.46  $15.46  $12.97 Average number of shares outstanding  13,058   14,394   13,300   14,535 Diluted Earnings Per Share            Net income $5.45  $4.46  $15.43  $12.89 Average number of shares outstanding  13,135   14,409   13,329   14,620              (aa)    Selling, general and administrative ("SG&A") expenses comprise (in thousands):               Three Months Ended September 30, Nine Months Ended September 30,  2026
 2025
 2026
 2025
SG&A expenses before long-term incentive compensation            and the impact of market value adjustments related to            deferred compensation plans $106,241  $99,288  $324,428  $301,600 Market value adjustments related to deferred            compensation trusts  2,077   6,703   9,661   6,791 Long-term incentive compensation  3,151   (216)  6,904   3,294 Total SG&A expenses $111,469  $105,775  $340,993  $311,685              (bb)    Other income--net comprises (in thousands):        Three Months Ended September 30, Nine Months Ended September 30,  2026
 2025
 2026
 2025
             Market value adjustments related to deferred            compensation trusts $2,077  $6,703  $9,661  $6,791 Interest income  295   2,555   1,399   7,186 Other  11   (7)  11   (7)Total other income--net $2,383  $9,251  $11,071  $13,970                CHEMED CORPORATION AND SUBSIDIARY COMPANIESCONSOLIDATED BALANCE SHEETS(in thousands, except per share data)(unaudited)         September 30,  2026
 2025
Assets      Current assets      Cash and cash equivalents $48,427  $129,752 Accounts receivable less allowances  254,861   215,570 Inventories  7,748   8,238 Prepaid income taxes  16,346   7,106 Prepaid expenses  38,346   34,577 Total current assets  365,728   395,243 Investments of deferred compensation plans held in trust  144,845   136,021 Properties and equipment, at cost less accumulated depreciation  216,961   203,939 Lease right of use asset  144,029   128,362 Identifiable intangible assets less accumulated amortization  78,791   84,930 Goodwill  754,758   666,987 Other assets  13,327   8,137 Total Assets $1,718,439  $1,623,619 Liabilities      Current liabilities      Accounts payable $65,297  $48,095 Accrued insurance  77,044   65,733 Accrued income taxes  -   1,469 Accrued compensation  89,044   79,668 Short-term lease liability  41,209   42,013 Other current liabilities  58,340   55,063 Total current liabilities  330,934   292,041 Deferred income taxes  18,855   9,687 Deferred compensation liabilities  142,421   132,380 Long-term debt  236,000   - Long-term lease liability  114,985   99,461 Other liabilities  13,823   13,367 Total Liabilities  857,018   546,936 Stockholders' Equity      Capital stock  37,762   37,593 Paid-in capital  1,693,508   1,581,067 Retained earnings  3,135,794   2,887,123 Treasury stock, at cost  (4,008,128)  (3,431,475)Deferred compensation payable in Company stock  2,485   2,375 Total Stockholders' Equity  861,421   1,076,683 Total Liabilities and Stockholders' Equity $1,718,439  $1,623,619          CHEMED CORPORATION AND SUBSIDIARY COMPANIESCONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited)         For the Nine Months Ended
September 30,  2026
 2025
Cash Flows from Operating Activities      Net income $205,653  $188,487 Adjustments to reconcile net income to net cash provided      by operating activities:      Depreciation and amortization  51,260   48,511 Stock option expense  24,285   24,374 Noncash long-term incentive compensation  6,784   3,057 Legal settlements  6,000   1,850 Noncash directors' compensation  1,191   1,123 Benefit for deferred income taxes  (456)  (16,259)Amortization of debt issuance costs  255   241 Changes in operating assets and liabilities, excluding      amounts acquired in business combinations:      Increase in accounts receivable  (71,304)  (44,403)Increase in inventories  (205)  (45)Increase in prepaid expenses  (11,528)  (8,603)Increase in accounts payable and      other current liabilities  27,783   10,102 Change in current income taxes  (7,685)  (2,162)Net change in lease assets and liabilities  (667)  (576)(Increase)/decrease in other assets  (9,356)  42,048 Increase in other liabilities  6,772   6,355 Other sources  840   639 Net cash provided by operating activities  229,622   254,739 Cash Flows from Investing Activities      Business combinations, net of cash acquired  (96,050)  (225)Capital expenditures  (51,355)  (46,447)Proceeds from sale of fixed assets  488   3,751 Other uses  (502)  (468)Net cash used by investing activities  (147,419)  (43,389)Cash Flows from Financing Activities      Proceeds from revolving line of credit  843,280   - Payments on revolving line of credit  (607,280)  - Purchases of treasury stock  (350,042)  (256,944)Proceeds from exercise of stock options  30,281   27,152 Dividends paid  (25,234)  (23,196)Change in cash overdrafts payable  6,818   610 Capital stock surrendered to pay taxes on stock-based compensation  (3,832)  (8,484)Debt issuance costs  (1,349)  - Other (uses)/sources  (933)  914 Net cash used by financing activities  (108,291)  (259,948)Decrease in Cash and Cash Equivalents  (26,088)  (48,598)Cash and cash equivalents at beginning of year  74,515   178,350 Cash and cash equivalents at end of period $48,427  $129,752           CHEMED CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENTS OF INCOME FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025 (in thousands)(unaudited)         Chemed   VITAS Roto-Rooter Corporate Consolidated 2026 (a)             Service revenues and sales $457,403  $233,537  $-  $690,940  Cost of services provided and goods sold  341,993   115,985   -   457,978  Selling, general and administrative expenses  23,100   71,033   17,336   111,469  Depreciation  5,791   8,624   12   14,427  Amortization  25   2,949   -   2,974  Other operating expense  7,352   88   230   7,670  Total costs and expenses  378,261   198,679   17,578   594,518  Income/(loss) from operations  79,142   34,858   (17,578)  96,422  Interest expense  (54)  (145)  (1,898)  (2,097) Intercompany interest income/(expense)  6,766   4,574   (11,340)  -  Other income—net  124   5   2,254   2,383  Income/(loss) before income taxes  85,978   39,292   (28,562)  96,708  Income taxes  (20,270)  (9,152)  4,362   (25,060) Net income/(loss) $65,708  $30,140  $(24,200) $71,648                2025 (b)             Service revenues and sales $407,741  $217,159  $-  $624,900  Cost of services provided and goods sold  318,015   107,128   -   425,143  Selling, general and administrative expenses  25,236   60,672   19,867   105,775  Depreciation  5,354   8,298   12   13,664  Amortization  26   2,544   -   2,570  Other operating expense/(income)  3,036   (38)  -   2,998  Total costs and expenses  351,667   178,604   19,879   550,150  Income/(loss) from operations  56,074   38,555   (19,879)  74,750  Interest expense  (56)  (132)  (269)  (457) Intercompany interest income/(expense)  5,685   4,030   (9,715)  -  Other income—net  61   25   9,165   9,251  Income/(loss) before income taxes  61,764   42,478   (20,698)  83,544  Income taxes  (14,993)  (10,407)  6,093   (19,307) Net income/(loss) $46,771  $32,071  $(14,605) $64,237                              The "Footnotes to Financial Statements" are integral parts of this financial information.                             CHEMED CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATING STATEMENTS OF INCOME FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025 (in thousands)(unaudited)                    Chemed   VITAS Roto-Rooter Corporate Consolidated 2026 (a)             Service revenues and sales $1,320,762  $700,942  $-  $2,021,704  Cost of services provided and goods sold  1,005,150   346,357   -   1,351,507  Selling, general and administrative expenses  75,314   206,335   59,344   340,993  Depreciation  17,484   25,477   36   42,997  Amortization  78   8,185   -   8,263  Other operating expense  7,432   78   230   7,740  Total costs and expenses  1,105,458   586,432   59,610   1,751,500  Income/(loss) from operations  215,304   114,510   (59,610)  270,204  Interest expense  (158)  (466)  (3,774)  (4,398) Intercompany interest income/(expense)  19,484   13,661   (33,145)  -  Other income—net  285   31   10,755   11,071  Income/(loss) before income taxes  234,915   127,736   (85,774)  276,877  Income taxes  (56,088)  (29,899)  14,763   (71,224) Net income/(loss) $178,827  $97,837  $(71,011) $205,653                2025 (b)             Service revenues and sales $1,211,341  $679,300  $-  $1,890,641  Cost of services provided and goods sold  951,466   338,312   -   1,289,778  Selling, general and administrative expenses  76,861   183,856   50,968   311,685  Depreciation  15,863   24,899   36   40,798  Amortization  78   7,635   -   7,713  Other operating expense/(income)  3,155   (80)  -   3,075  Total costs and expenses  1,047,423   554,622   51,004   1,653,049  Income/(loss) from operations  163,918   124,678   (51,004)  237,592  Interest expense  (150)  (394)  (685)  (1,229) Intercompany interest income/(expense)  16,436   11,930   (28,366)  -  Other income—net  170   58   13,742   13,970  Income/(loss) before income taxes  180,374   136,272   (66,313)  250,333  Income taxes  (45,353)  (32,344)  15,851   (61,846) Net income/(loss) $135,021  $103,928  $(50,462) $188,487                              The "Footnotes to Financial Statements" are integral parts of this financial information.                             CHEMED CORPORATION AND SUBSIDIARY COMPANIESCONSOLIDATING SUMMARIES OF EBITDAFOR THREE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025(in thousands)(unaudited)        Chemed  VITAS Roto-Rooter Corporate Consolidated2026            Net income/(loss) $65,708  $30,140  $(24,200) $71,648 Add/(deduct):            Interest expense  54   145   1,898   2,097 Income taxes  20,270   9,152   (4,362)  25,060 Depreciation  5,791   8,624   12   14,427 Amortization  25   2,949   -   2,974 EBITDA  91,848   51,010   (26,652)  116,206 Add/(deduct):            Intercompany interest expense/(income)  (6,766)  (4,574)  11,340   - Interest income  (113)  (5)  (177)  (295)Legal settlements  6,705   -   308   7,013 Stock option expense  -   -   5,984   5,984 Long-term incentive compensation  -   -   3,151   3,151 Acquisition expense  -   1,726   -   1,726 Adjusted EBITDA $91,674  $48,157  $(6,046) $133,785              2025            Net income/(loss) $46,771  $32,071  $(14,605) $64,237 Add/(deduct):            Interest expense  56   132   269   457 Income taxes  14,993   10,407   (6,093)  19,307 Depreciation  5,354   8,298   12   13,664 Amortization  26   2,544   -   2,570 EBITDA  67,200   53,452   (20,417)  100,235 Add/(deduct):            Intercompany interest expense/(income)  (5,685)  (4,030)  9,715   - Interest income  (69)  (25)  (2,462)  (2,556)Stock option expense  -   -   6,067   6,067 Legal settlements  2,850   -   -   2,850 Long-term incentive compensation  -   -   (216)  (216)Other  -   -   2,665   2,665 Adjusted EBITDA $64,296  $49,397  $(4,648) $109,045              The "Footnotes to Financial Statements" are integral parts of this financial information.                          CHEMED CORPORATION AND SUBSIDIARY COMPANIESCONSOLIDATING SUMMARIES OF EBITDAFOR THE NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025(in thousands)(unaudited)           Chemed  VITAS Roto-Rooter Corporate Consolidated2026            Net income/(loss) $178,827  $97,837  $(71,011) $205,653 Add/(deduct):            Interest expense  158   466   3,774   4,398 Income taxes  56,088   29,899   (14,763)  71,224 Depreciation  17,484   25,477   36   42,997 Amortization  78   8,185   -   8,263 EBITDA  252,635   161,864   (81,964)  332,535 Add/(deduct):            Intercompany interest expense/(income)  (19,484)  (13,661)  33,145   - Interest income  (274)  (31)  (1,094)  (1,399)Stock option expense  -   -   24,285   24,285 Legal settlements  7,253   -   308   7,561 Long-term incentive compensation  -   -   6,904   6,904 Acquisition expense  8   1,953   -   1,961 Adjusted EBITDA $240,138  $150,125  $(18,416) $371,847 2025            Net income/(loss) $135,021  $103,928  $(50,462) $188,487 Add/(deduct):            Interest expense  150   394   685   1,229 Income taxes  45,353   32,344   (15,851)  61,846 Depreciation  15,863   24,899   36   40,798 Amortization  78   7,635   -   7,713 EBITDA  196,465   169,200   (65,592)  300,073 Add/(deduct):            Intercompany interest expense/(income)  (16,436)  (11,930)  28,366   - Interest income  (176)  (58)  (6,952)  (7,186)Stock option expense  -   -   24,374   24,374 Long-term incentive compensation  -   -   3,294   3,294 Legal settlements  2,850   -   -   2,850 Other  -   -   2,665   2,665 Adjusted EBITDA $182,703  $157,212  $(13,845) $326,070              The "Footnotes to Financial Statements" are integral parts of this financial information.               CHEMED CORPORATION AND SUBSIDIARY COMPANIESRECONCILIATION OF ADJUSTED NET INCOME(in thousands, except per share data)(unaudited)                    Three Months Ended September 30, Nine Months Ended September 30,  2026
 2025
 2026
 2025
Net income as reported $71,648  $64,237  $205,653  $188,487 Add/(deduct) pre-tax cost of:            Stock option expense  5,984   6,067   24,285   24,374 Legal settlements  7,013   2,850   7,561   2,850 Amortization of reacquired franchise rights  2,352   2,352   7,056   7,056 Long-term incentive compensation  3,151   (216)  6,904   3,294 Acquisition expense  1,726   -   1,961   - Other  -   2,665   -   2,665 Add/(deduct) tax impacts:            Tax impact of the above pre-tax adjustments (1)  (3,670)  (2,049)  (8,296)  (6,512)Excess tax expenses/(benefits) on stock compensation  521   -   1,022   (513)Adjusted net income $88,725  $75,906  $246,146  $221,701              Diluted Earnings Per Share As Reported            Net income $5.45  $4.46  $15.43  $12.89 Average number of shares outstanding  13,135   14,409   13,329   14,620              Adjusted Diluted Earnings Per Share            Adjusted net income $6.75  $5.27  $18.47  $15.16 Average number of shares outstanding  13,135   14,409   13,329   14,620              (1) The tax impact of pre-tax adjustments was calculated using the effective tax rate of the operating unit for which each adjustment is associated.             The "Footnotes to Financial Statements" are integral parts of this financial information.               CHEMED CORPORATION AND SUBSIDIARY COMPANIESOPERATING STATISTICS FOR VITAS SEGMENT(unaudited) Three Months Ended September 30, For the Nine Months Ended September 30, OPERATING STATISTICS2026
 2025
 2026
 2025
 Net revenue ($000) (c)            Homecare$405,969  $362,405  $1,168,407  $1,072,014  Inpatient 36,407   33,099   108,006   100,145  Continuous care 21,159   19,946   58,689   68,222  Other 6,421   5,807   18,204   16,898  Subtotal$469,956  $421,257  $1,353,306  $1,257,279  Room and board, net (3,982)  (3,859)  (11,178)  (11,277) Contractual allowances (7,743)  (3,571)  (17,663)  (9,875) Medicare cap allowance (828)  (6,086)  (3,703)  (24,786) Net Revenue$457,403  $407,741  $1,320,762  $1,211,341  Net revenue as a percent of total before Medicare cap allowance            Homecare 86.4%  86.0%  86.3%  85.3% Inpatient 7.7   7.9   8.0   8.0  Continuous care 4.5   4.7   4.3   5.4  Other 1.4   1.4   1.4   1.3  Subtotal 100.0   100.0   100.0   100.0  Room and board, net (0.8)  (0.8)  (0.8)  (0.9) Contractual allowances (1.7)  (0.8)  (1.3)  (0.8) Medicare cap allowance (0.2)  (1.4)  (0.3)  (2.0) Net Revenue 97.3%  97.0%  97.6%  96.3% Days of care            Homecare 1,872,071   1,685,859   5,356,050   4,980,883  Nursing home 312,663   309,192   910,534   923,458  Respite 12,502   12,184   35,684   33,619  Subtotal routine homecare and respite 2,197,236   2,007,235   6,302,268   5,937,960  Inpatient 30,494   28,530   90,671   86,447  Continuous care 19,683   18,309   55,065   62,576  Total 2,247,413   2,054,074   6,448,004   6,086,983               Number of days in relevant time period 92   92   273   273  Average daily census ("ADC") (days)            Homecare 20,348   18,325   19,619   18,245  Nursing home 3,399   3,361   3,335   3,383  Respite 136   132   131   123  Subtotal routine homecare and respite 23,883   21,818   23,085   21,751  Inpatient 331   310   332   317  Continuous care 214   199   202   229  Total 24,428   22,327   23,619   22,297               Total Admissions 18,995   17,714   57,514   53,398  Total Discharges 18,426   17,348   55,130   52,931  Average length of stay (days) 103.5   109.7   102.5   121.9  Median length of stay (days) 17.0   18.0   16.0   18.0               ADC by major diagnosis            Cerebro 44.1%  44.1%  44.4%  44.6% Neurological 11.2   11.6   11.1   11.8  Cancer 9.2   10.1   9.4   9.8  Cardio 16.8   15.9   16.6   16.0  Respiratory 8.1   7.7   7.9   7.4  Other 10.6   10.6   10.6   10.4  Total 100.0%  100.0%  100.0%  100.0% Admissions by major diagnosis            Cerebro 28.0%  27.1%  27.5%  27.6% Neurological 6.7   6.9   6.9   6.8  Cancer 24.7   26.6   24.3   25.9  Cardio 14.9   14.3   15.3   14.7  Respiratory 12.3   10.5   12.2   10.9  Other 13.4   14.6   13.8   14.1  Total 100.0%  100.0%  100.0%  100.0%              Estimated uncollectible accounts as a percent of revenues 1.2%  0.9%  1.3%  0.8%              Accounts receivable --            Days of revenue outstanding-excluding unapplied Medicare payments39.0   37.5   n.a.  n.a. Days of revenue outstanding-including unapplied Medicare payments37.4   34.0   n.a.  n.a.                CHEMED CORPORATION AND SUBSIDIARY COMPANIESFOOTNOTES TO FINANCIAL STATEMENTSFOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2026 AND 2025(unaudited)              (a)Included in the results of operations for 2026 are the following significant credits/(charges) which may not be indicative of ongoing operations (in thousands):               Three Months Ended September 30, 2026   VITAS Roto-Rooter Corporate Consolidated               Legal settlements $(6,705) $-  $(308) $(7,013) Stock option expense  -   -   (5,984)  (5,984) Long-term incentive compensation  -   -   (3,151)  (3,151) Amortization of reacquired franchise agreements  -   (2,352)  -   (2,352) Acquisition expense  -   (1,726)  -   (1,726) Pretax impact on earnings  (6,705)  (4,078)  (9,443)  (20,226) Excess tax expenses on stock compensation  -   -   (521)  (521) Income tax benefit on the above  1,629   950   1,091   3,670  After-tax impact on earnings $(5,076) $(3,128) $(8,873) $(17,077)                 Nine Months Ended September 30, 2026   VITAS Roto-Rooter Corporate Consolidated               Stock option expense $-  $-  $(24,285) $(24,285) Legal settlements  (7,253)  -   (308)  (7,561) Amortization of reacquired franchise agreements  -   (7,056)  -   (7,056) Long-term incentive compensation  -   -   (6,904)  (6,904) Acquisition expense  (8)  (1,953)  -   (1,961) Pretax impact on earnings  (7,261)  (9,009)  (31,497)  (47,767) Excess tax expenses on stock compensation  -   -   (1,022)  (1,022) Income tax benefit on the above  1,764   2,100   4,432   8,296  After-tax impact on earnings $(5,497) $(6,909) $(28,087) $(40,493)              (b)Included in the results of operations for 2025 are the following significant credits/(charges) which may not be indicative of ongoing operations (in thousands):               Three Months Ended September 30, 2025   VITAS Roto-Rooter Corporate Consolidated               Stock option expense $-  $-  $(6,067) $(6,067) Legal settlements  (2,850)  -   -   (2,850) Amortization of reacquired franchise agreements  -   (2,352)  -   (2,352) Long-term incentive compensation  -   -   216   216  Other  -   -   (2,665)  (2,665) Pretax impact on earnings  (2,850)  (2,352)  (8,516)  (13,718) Income tax benefit on the above  698   546   805   2,049  After-tax impact on earnings $(2,152) $(1,806) $(7,711) $(11,669)                 Nine Months Ended September 30, 2025   VITAS Roto-Rooter Corporate Consolidated               Stock option expense $-  $-  $(24,374) $(24,374) Amortization of reacquired franchise agreements  -   (7,056)  -   (7,056) Long-term incentive compensation  -   -   (3,294)  (3,294) Legal settlements  (2,850)  -   -   (2,850) Other  -   -   (2,665)  (2,665) Pretax impact on earnings  (2,850)  (7,056)  (30,333)  (40,239) Excess tax benefits on stock compensation  -   -   513   513  Income tax benefit on the above  698   1,637   4,177   6,512  After-tax impact on earnings $(2,152) $(5,419) $(25,643) $(33,214)                            (c)VITAS has 14 large (greater than 450 ADC), 25 medium (greater than 200 but less than 450 ADC) and 21 small (less than 200 ADC) hospice programs. Of Vitas' 33 Medicare provider numbers, for the current cap year, 21 provider numbers have a Medicare cap cushion of greater than 10%, seven provider numbers have a Medicare cap cushion between 0% and 10%, and five provider numbers have a Medicare cap liability.   CONTACT: Michael D. Witzeman
(513) 762-6714

This press release was published by a CLEAR® Verified individual.

CoStar Group (CSGP - Free Report) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +11.77%. A quarter ago, it was expected that this commercial real estate information and marketing provider would post earnings of $0.28 per share when it actually produced earnings of $0.32, delivering a surprise of +14.29%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

CoStar, which belongs to the Zacks Computers - IT Services industry, posted revenues of $952 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 0.11%. This compares to year-ago revenues of $833.6 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

CoStar shares have lost about 49.9% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for CoStar?While CoStar has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for CoStar was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.49 on $999.68 million in revenues for the coming quarter and $1.36 on $3.77 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Clarivate PLC (CLVT - Free Report) , is yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.

This company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of +5.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Clarivate PLC's revenues are expected to be $582.79 million, down 6.5% from the year-ago quarter.

Third-quarter highlights

Orders of $10.8 billion, including $5.9 billion of IET orders. RPO of $46.4 billion, including record IET RPO of $39.4 billion.Revenue of $8.0 billion.Attributable net income of $411 million.GAAP diluted EPS of $0.41 and adjusted diluted EPS* of $0.70.Adjusted EBITDA* of $1,415 million.Cash flows from operating activities of $1,005 million and free cash flow* of $769 million.
HOUSTON and LONDON, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2026.

"Baker Hughes delivered another strong quarter, reflecting disciplined operational execution and broad-based commercial momentum across the company. Performance across IET, OFSE and Chart highlights the strength of our expanded portfolio and the growing value of our complementary capabilities as we build a more industrialized energy solutions company positioned across attractive energy and industrial markets."

"Alongside continued strong operational results, IET achieved its second-largest order quarter, booking $5.9 billion and driving RPO to another record. Broad-based demand across data centers, space, LNG and gas infrastructure, together with ongoing capacity expansions, reinforces our long-term growth outlook and supports raising our full-year IET order guidance and Horizon 2(1) IET order outlook to $50 billion plus. The resulting backlog growth provides greater revenue visibility while expanding our installed base and long-term aftermarket opportunity."

"OFSE delivered another solid quarter, supported by growing momentum across international markets led by a meaningful improvement in the Middle East. We see additional opportunity as customers increasingly prioritize maximizing recovery and extending asset life, areas where the breadth of Baker Hughes' capabilities positions us to deliver more integrated solutions through our Mature Assets Solutions offering."

"Chart delivered a solid first quarter as part of Baker Hughes. Integration is also progressing at a strong pace, and early synergy actions reinforce our confidence in the value creation opportunity ahead. By connecting complementary technologies, installed bases and customer relationships, we are expanding our ability to pursue larger opportunities and deliver more integrated solutions across energy and industrial markets."

"Energy security, rising demand for AI and emerging opportunities across growth markets are creating new opportunities across our energy upstream, energy infrastructure and industrial end markets. With a record RPO, robust order pipeline, growing installed base and inflecting energy upstream market, Baker Hughes is well positioned to deliver durable growth, stronger earnings power and long-term value for shareholders," concluded Simonelli.

* Non-GAAP measure. See reconciliations in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures."

      Three Months Ended
 Variance(in millions except per share amounts)September 30, 2026
June 30, 2026
September 30, 2025
 SequentialYear-over-yearOrders$10,764 $10,501 $8,207  2%31%Revenue 8,025  6,742  7,010  19%14%Net income attributable to Baker Hughes 411  681  609  (40%)(33%)Adjusted net income attributable to Baker Hughes* 695  640  678  8%2%Adjusted EBITDA* 1,415  1,231  1,238  15%14%Diluted earnings per share (EPS) 0.41  0.68  0.61  (40%)(33%)Adjusted diluted EPS* 0.70  0.64  0.68  8%2%Cash flow from operating activities 1,005  1,345  929  (25%)8%Free cash flow* 769  1,109  699  (31%)10% * Non-GAAP measure. See reconciliations in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures."

Certain columns and rows in our tables and financial statements may not sum up due to the use of rounded numbers.

"F" is used in the above table when variance is above 100%. Additionally, "U" is used when variance is below (100)%.

Quarter Highlights

Executing our portfolio management strategy

Completed the previously announced all-cash acquisition of Chart Industries, Inc. ("Chart"), adding complementary capabilities that strengthen Baker Hughes’ portfolio and advance its strategy to deliver more integrated solutions across attractive industrial and energy markets, while increasing its installed base and recurring aftermarket opportunities.
Key awards and technology achievements

Leveraging enterprise-wide capabilities

Expanded Baker Hughes’ relationship with Venture Global through a major LNG award for the Plaquemines expansion, including IET equipment across four liquefaction blocks comprising eight modules, in addition to Chart cold boxes.  
Industrial & Energy Technology

Industrial & Energy Technology (“IET”) delivered broad-based commercial wins across energy and industrial markets, reflecting strong demand for its power generation, compression, digital and lifecycle service capabilities.

Secured a major integrated power generation order to supply 1.1 gigawatt (GW) of power for a major U.S. technology company. The orders include 43 NovaLT™ and Frame 5 gas turbine packages, with gearboxes and BRUSH™ Power Generation generators to provide reliable, scalable power for advanced computing infrastructure supporting AI model training, inference, and physical AI workloads.Venture Global awarded Baker Hughes a substantial order for the Cloud Connector Pipeline project, including 13 Frame 5/2E gas turbine-driven compression systems to support one of the largest deployments for LNG feed gas transportation in the United States.Awarded a major power generation equipment order representing approximately 500 megawatts of power capacity for AI infrastructure development. Baker Hughes will provide 18 Frame 5 gas turbine generator packages with BRUSH™ Power Generation generators technology to support data center projects for a U.S. energy company.Received several compressor upgrade awards across the Middle East and Asia, marking a record quarter for compressor upgrade activity and reflecting continued customer investment in the installed base to improve reliability, performance and equipment longevity.Secured a significant long-term service agreement from SBM Offshore, covering 27 LM2500 gas turbines across four FPSOs. The agreement combines maintenance services with iCenter™ digital services for remote and condition-based monitoring to enhance equipment reliability and availability.Signed a significant integrated FPSO equipment order for gas compression and power generation, expanding Baker Hughes’ installed base in a major offshore field. The integrated award includes centrifugal compressors driven by LM2500 aeroderivative gas turbines for medium- and high- pressure gas compression, electric motor-driven centrifugal compressors for low-pressure gas compression, and 4-pole generators driven by LM2500 aeroderivative gas turbines for power generation.Industrial Solutions secured key Cordant™ wins across the data center, LNG and industrial markets, including a preferred-supplier agreement with an OEM and sensing, protection and asset health awards supporting key customers.Building on our long-standing relationship with Petrobras, Baker Hughes will deploy Cordant™ Process Optimization across seven offshore production units to optimize compression operations, improve efficiency, reduce emissions and support production performance.Secured an order for Masoneilan™ control valves across six reactor units in Europe. This award strengthens our position in the growing nuclear newbuild market, while expanding our installed base and creating attractive aftermarket opportunities over the life of these assets.
Oilfield Services & Equipment

Oilfield Services & Equipment (“OFSE”) secured strategic awards showcasing its differentiated capabilities across geographies and applications.

Signed a multi-year contract with Oil & Gas Development Company (OGDC) to optimize production and recovery across more than 120 wells in Pakistan’s mature oil & gas fields, integrating Baker Hughes’ subsurface expertise, surface production technologies and digital solutions.Awarded a substantial subsea systems contract by Searah North Ganal Limited(2) for the integrated development of the Geng North and Gehem fields in Indonesia. Baker Hughes will supply 17 deepwater horizontal tree systems, associated manifolds and connections, subsea controls and distribution systems, as well as Cordant™ asset protection and condition monitoring solutions.Secured a significant award from bp to provide integrated offshore production enhancement and stimulation services in the UK North Sea. Baker Hughes will deploy a vessel-based solution featuring StimFORCE™ technology to support new well development and enhanced recovery from mature fields, optimizing reservoir performance across bp’s North Sea fields.Signed a significant integrated subsea systems award with Eni for the deepwater Cronos gas development offshore Cyprus, supporting a fast-track approach to safely develop reserves. The scope includes four subsea tree systems, wellheads, manifolds and connections, topside controls and associated services. ​Received an award from Kuwait Oil Company (KOC) to provide hybrid Kymera™ drill bits, as well as polycrystalline diamond compact (PDC) and tricone drill bits for drilling applications.Secured multiple drill bit awards in Türkiye, one of the world’s largest geothermal power markets. The awards include first-time orders from multiple geothermal operators, further strengthening the Company’s position in this important market for always-on energy.KOC awarded Baker Hughes a significant multi-year contract to deploy fit-for-purpose production, digital and AI-enabled solutions, while establishing an in-country research and technology development center to accelerate innovation, optimize upstream production and build local expertise.Received a significant award to deliver subsea production systems and services for gas field development in Azerbaijan, inclusive of Aptara trees, wellheads and associated distribution, controls and connections.Received a significant integrated Well Construction award from Eni for the Baleine Phase 3 project in Côte d’Ivoire. The scope will include drilling services, digital solutions, drilling fluids, cementing, drill bits, liner hangers and wellbore clean out to support full-field production.
Chart

Following the acquisition, the Chart segment delivered broad-based orders across its diverse customer base, while opening new opportunities across Baker Hughes’ technology portfolio and global commercial network.

Expanded relationships with three commercial space customers through launch-pad equipment and specialized tank awards, supporting next-generation testing and launch infrastructure.Building on its established relationship with Golar LNG, Baker Hughes will supply two cryogenic cold boxes and two Peter Brotherhood steam turbines for the customer's fourth floating LNG project.Hanwha Engine Co. Ltd. placed additional orders for Howden exhaust gas recirculation blowers, strengthening Howden’s position as a preferred supplier of marine emissions-reduction technology.Leveraging its leadership in cooling fan technology, Baker Hughes received an order from Bechtel to supply air coolers for the heat rejection system supporting an expansion train at an existing Gulf Coast LNG export facility.
Consolidated Financial Results

Revenue for the quarter was $8,025 million, an increase of $1,283 million, or 19% sequentially, and up $1,015 million, or 14% year-over-year. The increase in revenue year-over-year was mainly driven by the contribution from the Chart acquisition.

The Company's total book-to-bill ratio in the third quarter of 2026 was 1.3; the IET book-to-bill ratio was 1.7.

Net income, as determined in accordance with generally accepted accounting principles in the United States ("GAAP") for the third quarter of 2026, was $411 million. Net income decreased $270 million, or 40% sequentially, and decreased $198 million, or 33% year-over-year.

Adjusted net income (a non-GAAP financial measure) for the third quarter of 2026 was $695 million, which excludes adjustments totaling $284 million. A list of the adjusting items and associated reconciliation from GAAP has been provided in Table 1b in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures." Adjusted net income for the third quarter of 2026 was up $55 million, or 8% sequentially, and up $17 million, or 2% year-over-year.

Depreciation and amortization for the third quarter of 2026 was $505 million.

Adjusted EBITDA (a non-GAAP financial measure) for the third quarter of 2026 was $1,415 million, which excludes adjustments totaling $214 million. See Table 1a in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures." Adjusted EBITDA for the third quarter was up $184 million, or 15% sequentially, and up $177 million, or 14% year-over-year.

The sequential increase in adjusted net income and adjusted EBITDA was primarily driven by the Chart acquisition, higher volume and price, partially offset by reduced productivity benefits and inflation.

The year-over-year increase in adjusted net income and adjusted EBITDA was primarily driven by the Chart acquisition, price, higher volume, and cost-out initiatives, partially offset by reduced productivity benefits, change in business mix, and inflation.

Other Financial Items

Remaining Performance Obligations ("RPO") in the third quarter of 2026 ended at $46.4 billion, an increase of $6.4 billion from the second quarter of 2026. OFSE RPO was $3.4 billion, up $0.4 billion sequentially, while IET RPO was $39.4 billion, up $2.3 billion sequentially. Within IET RPO, Gas Technology Equipment and Gas Technology Services were $16.5 billion and $16.8 billion, respectively. Chart RPO was $3.6 billion for the third quarter.

Income tax expense in the third quarter of 2026 was $97 million.

Other (income) expense, net in the third quarter of 2026 was $157 million, primarily from transaction related costs incurred in connection with business disposals and acquisitions.

GAAP diluted earnings per share was $0.41 for the third quarter of 2026. Adjusted diluted earnings per share (a non-GAAP financial measure) was $0.70. Excluded from adjusted diluted earnings per share were all items listed in Table 1b in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures."

Cash flow from operating activities was $1,005 million for the third quarter of 2026. Free cash flow (a non-GAAP financial measure) for the quarter was $769 million. A reconciliation from GAAP has been provided in Table 1c in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures."

Capital expenditures, net of proceeds from disposal of assets, were $236 million for the third quarter of 2026, of which $145 million was for OFSE, $65 million was for IET, and $15 million was for Chart.

Results by Reporting Segment

The following segment discussions and variance explanations are intended to reflect management's view of the relevant comparisons of financial results on a sequential or year-over-year basis, depending on the business dynamics of the reporting segments.

Oilfield Services & Equipment

(in millions)Three Months Ended VarianceSegment resultsSeptember 30, 2026June 30, 2026September 30, 2025 SequentialYear-over-yearOrders$4,047 $3,413 $4,068  19%(1%)Revenue$3,660 $3,451 $3,636  6%1%EBITDA$659 $605 $671  9%(2%)EBITDA margin 18.1% 17.5% 18.5% 0.5pts-0.4pts              (in millions)Three Months Ended
 VarianceRevenue by Product LineSeptember 30, 2026
June 30, 2026
September 30, 2025
 SequentialYear-over-yearWell Construction$958 $899 $954  7%—%Completions, Intervention, and Measurements 1,008  944  945  7%7%Production Solutions 983  930  966  6%2%Subsea & Surface Pressure Systems 711  678  771  5%(8%)Total Revenue$3,660 $3,451 $3,636  6%1%                (in millions)Three Months Ended
 VarianceRevenue by Geographic RegionSeptember 30, 2026 June 30, 2026
September 30, 2025
 SequentialYear-over-yearNorth America$955 $933 $980  2%(3%)Latin America 674  732  603  (8%)12%Europe/CIS/Sub-Saharan Africa 770  568  599  35%29%Middle East/Asia 1,261  1,218  1,454  3%(13%)Total Revenue$3,660 $3,451 $3,636  6%1%          North America$955 $933 $980  2%(3%)International$2,705 $2,518 $2,656  7%2% EBITDA excludes depreciation and amortization of $266 million, $266 million, and $221 million for the three months ended September 30, 2026, June 30, 2026, and September 30, 2025, respectively. EBITDA margin is defined as EBITDA divided by revenue.

"F" is used in the above table when variance is above 100%. Additionally, "U" is used when variance is below (100)%.

OFSE orders of $4,047 million for the third quarter of 2026 increased by $634 million, or 19% sequentially. Subsea and Surface Pressure Systems orders were $1,090 million, up $423 million, or 63% sequentially, and down $100 million, or 8% year-over-year.

OFSE revenue of $3,660 million for the third quarter of 2026 was up $209 million, or 6% sequentially, and up $24 million, or 1% year-over-year. The year-over-year increase was driven mainly by higher activity in Europe/CIS/Sub-Saharan Africa and Latin America, partially offset by a decrease in Middle East/Asia due to the Surface Pressure Control ("SPC") disposition.

North America revenue was $955 million, up $22 million, or 2% sequentially. International revenue was $2,705 million, up $187 million, or 7% sequentially, with an increase in Europe/CIS/Sub-Saharan Africa, and Middle East/Asia.

Segment EBITDA for the third quarter of 2026 was $659 million, an increase of $54 million, or 9% sequentially. The sequential increase in EBITDA was a result of higher volume and price, partially offset by reduced productivity benefits, primarily reflecting the linearity of variable expenses, and a change in business mix.

Industrial & Energy Technology

(in millions)Three Months Ended VarianceSegment resultsSeptember 30, 2026June 30, 2026September 30, 2025 SequentialYear-over-yearOrders$5,886 $7,088 $4,139  (17%)42%Revenue$3,477 $3,291 $3,374  6%3%EBITDA$685 $678 $635  1%8%EBITDA margin 19.7% 20.6% 18.8% -0.9pts0.9pts (in millions)Three Months Ended
 VarianceOrders by Product LineSeptember 30, 2026
June 30, 2026
September 30, 2025
 SequentialYear-over-yearGas Technology Equipment$3,120 $4,913 $2,174  (36%)43%Gas Technology Services 1,127  1,314  896  (14%)26%Total Gas Technology 4,247  6,227  3,070  (32%)38%Industrial Products 591  533  481  11%23%Industrial Solutions 244  274  336  (11%)(28%)Total Industrial Technology 835  807  817  3%2%Climate Technology Solutions 804  54  253  FFTotal Orders$5,886 $7,088 $4,139  (17%)42% (in millions)Three Months Ended
  VarianceRevenue by Product LineSeptember 30, 2026
 June 30, 2026
 September 30, 2025
  SequentialYear-over-yearGas Technology Equipment$1,576  $1,524  $1,687   3%(7%)Gas Technology Services 897   831   803   8%12%Total Gas Technology 2,473   2,355   2,490   5%(1%)Industrial Products 537   549   511   (2%)5%Industrial Solutions 205   182   288   13%(29%)Total Industrial Technology 742   731   799   2%(7%)Climate Technology Solutions 262   205   84   28%FTotal Revenue$3,477  $3,291  $3,374   6%3% EBITDA excludes depreciation and amortization of $62 million, $60 million, and $55 million for the three months ended September 30, 2026, June 30, 2026, and September 30, 2025, respectively. EBITDA margin is defined as EBITDA divided by revenue.

"F" is used in the above table when variance is above 100%. Additionally, "U" is used when variance is below (100)%.

IET orders of $5,886 million for the third quarter of 2026 increased by $1,747 million, or 42% year-over-year. The increase was driven by continued strength in Climate Technology Solutions ("CTS"), Gas Technology Equipment ("GTE") and Gas Technology Services ("GTS").

IET revenue of $3,477 million for the third quarter of 2026 increased 3% year-over-year, driven by an increase primarily in CTS and GTS, partially offset by a decrease in GTE and Industrial Solutions ("IS") reflective of the Precision Sensors & Instrumentation ("PSI") disposition.

Segment EBITDA for the quarter was $685 million, an increase of $50 million, or 8% year-over-year. The year-over-year increase in Segment EBITDA, after taking into consideration the impact of the PSI disposition, was driven by price and higher volume, partially offset by a change in business mix and inflation.

Chart

(in millions)Three Months EndedSegment resultsSeptember 30, 2026Orders$831 Revenue$888 EBITDA$156 EBITDA margin 17.6% (in millions)Three Months Ended
Orders by Product LineSeptember 30, 2026
Original Equipment$587 Aftermarket 244 Total Orders 831  (in millions)Three Months Ended
Revenue by Product LineSeptember 30, 2026
Original Equipment$623 Aftermarket 265 Total Revenue$888  EBITDA excludes depreciation and amortization of $170 million for the three months ended September 30, 2026. EBITDA margin is defined as EBITDA divided by revenue.

"F" is used in the above table when variance is above 100%. Additionally, "U" is used when variance is below (100)%.

On July 16, 2026, Baker Hughes acquired Chart and third-quarter reported financial results reflect activity from the acquisition date through the quarter ended September 30, 2026.

Since the acquisition, Chart received orders of $831 million comprised of $587 million of Original Equipment orders and $244 million of Aftermarket orders, and achieved revenue of $888 million for the third quarter of 2026, driven by Original Equipment revenue of $623 million and Aftermarket revenue of $265 million. Chart's resulting Segment EBITDA for the quarter was $156 million.

Reconciliation of GAAP to non-GAAP Financial Measures

Management provides non-GAAP financial measures because it believes such measures are widely accepted financial indicators used by investors and analysts to analyze and compare companies on the basis of operating performance (including adjusted EBITDA; adjusted net income attributable to Baker Hughes; and adjusted diluted earnings per share) and liquidity (free cash flow) and that these measures may be used by investors to make informed investment decisions. Management believes that the exclusion of certain identified items from several key operating performance measures enables us to evaluate our operations more effectively, to identify underlying trends in the business, and to establish operational goals for certain management compensation purposes. Management also believes that free cash flow is an important supplemental measure of our cash performance but should not be considered as a measure of residual cash flow available for discretionary purposes, or as an alternative to cash flow from operating activities presented in accordance with GAAP.

Table 1a. Reconciliation of Net Income Attributable to Baker Hughes to Adjusted EBITDA and Segment EBITDA

 Three Months Ended(in millions)September 30, 2026June 30, 2026September 30, 2025Net income attributable to Baker Hughes (GAAP)$411 $681 $609 Net income attributable to noncontrolling interests 11  1  8 Provision for income taxes 97  210  204 Interest expense, net 177  66  56 Depreciation & amortization 505  333  282 Restructuring 28  11  — Gain on business dispositions (1) —  24  — Change in fair value of equity securities (1) (6) (125) 8 Transaction related costs (1) 158  30  47 Inventory step-up charges 25  —  — Other charges and credits (1) 9  —  24 Adjusted EBITDA (non-GAAP) 1,415  1,231  1,238 Corporate costs 79  82  76 Other (income) / expense not allocated to segments 6  (30) (8)Total Segment EBITDA (non-GAAP)$1,500 $1,283 $1,306 OFSE 659  605  671 IET 685  678  635 Chart 156  —  —  (1)The gain on business dispositions, change in fair value of equity securities, transaction related costs, and other charges and credits are reported in "Other (income) expense, net" on the condensed consolidated statements of income (loss).   Table 1a reconciles net income attributable to Baker Hughes, which is the most directly comparable financial result determined in accordance with GAAP, to adjusted EBITDA and Segment EBITDA. Adjusted EBITDA and Segment EBITDA exclude the impact of certain identified items.

Table 1b. Reconciliation of Net Income Attributable to Baker Hughes to Adjusted Net Income Attributable to Baker Hughes

 Three Months Ended(in millions, except per share amounts)September 30, 2026June 30, 2026September 30, 2025Net income attributable to Baker Hughes (GAAP)$411 $681 $609 Restructuring 28  11  — Gain on business dispositions —  24  — Change in fair value of equity securities (6) (125) 8 Transaction related costs 158  30  54 Amortization of Chart intangible assets 143  —  — Inventory step-up charges 25  —  — Other adjustments 17  —  24 Tax adjustments (81) 19  (17)Total adjustments, net of income tax 284  (41) 69 Adjustments attributable to Baker Hughes 284  (41) 69 Adjusted net income attributable to Baker Hughes (non-GAAP)$695 $640 $678     Denominator:   Weighted-average shares of Class A common stock outstanding diluted 998  997  992 Earnings per share - diluted (GAAP)$0.41 $0.68 $0.61 Total adjustments per share, net of income tax 0.29  (0.04) 0.07 Adjusted earnings per share - diluted (non-GAAP)$0.70 $0.64 $0.68            Table 1b reconciles net income attributable to Baker Hughes, which is the most directly comparable financial result determined in accordance with GAAP, to adjusted net income attributable to Baker Hughes. Adjusted net income attributable to Baker Hughes excludes the impact of certain identified items.

Table 1c. Reconciliation of Net Cash Flows from Operating Activities to Free Cash Flow

 Three Months Ended(in millions)September 30, 2026June 30, 2026September 30, 2025Net cash flows from operating activities (GAAP)$1,005 $1,345 $929 Add: cash used for capital expenditures, net of proceeds from disposal of assets (236) (236) (230)Free cash flow (non-GAAP)$769 $1,109 $699  Table 1c reconciles net cash flows from operating activities, which is the most directly comparable financial result determined in accordance with GAAP, to free cash flow. Free cash flow is defined as net cash flows from operating activities less expenditures for capital assets plus proceeds from disposal of assets.

 Financial Tables (GAAP)
Condensed Consolidated Statements of Income
(Unaudited)    Three Months Ended September 30,Nine Months Ended September 30,(In millions, except per share amounts)2026202520262025Revenue$8,025 $7,010 $21,354 $20,347 Costs and expenses:    Cost of revenue 6,097  5,309  16,343  15,556 Selling, general and administrative 732  597  1,844  1,716 Research and development costs 150  146  427  453 Restructuring 28  —  78  — Amortization of acquired intangible assets 165  10  184  35 Other (income) expense, net 157  71  (534) 77 Interest expense, net 177  56  328  161 Income before income taxes 519  821  2,684  2,349 Provision for income taxes (97) (204) (642) (612)Net income 422  617  2,042  1,737 Less: Net income attributable to noncontrolling interests 11  8  20  25 Net income attributable to Baker Hughes Company$411 $609 $2,022 $1,712      Per share amounts:   Basic income per Class A common stock$0.41 $0.62 $2.04 $1.73 Diluted income per Class A common stock$0.41 $0.61 $2.03 $1.72      Weighted average shares:    Class A basic 993  986  992  988 Class A diluted 998  992  997  994      Cash dividend per Class A common stock$0.23 $0.23 $0.69 $0.69       Condensed Consolidated Statements of Financial Position
(Unaudited)     (In millions)September 30, 2026
December 31, 2025
ASSETS Current Assets:    Cash and cash equivalents$4,068 $3,715 Current receivables, net 7,871  6,641 Inventories, net 5,975  4,954 All other current assets 3,726  3,518 Total current assets 21,640  18,828 Property, plant and equipment, less accumulated depreciation 6,775  5,326 Goodwill 13,897  6,068 Other intangible assets, net 9,773  4,097 All other assets 6,978  6,562 Total assets$59,063 $40,881 LIABILITIES AND EQUITY Current Liabilities:    Accounts payable$5,200 $4,579 Short-term debt 788  689 Progress collections and deferred income 8,037  5,904 All other current liabilities 3,450  2,705 Total current liabilities 17,475  13,877 Long-term debt 17,476  5,398 Liabilities for pensions and other postretirement benefits 978  1,066 All other liabilities 2,573  1,530 Equity 20,561  19,010 Total liabilities and equity$59,063 $40,881      Outstanding Baker Hughes Company shares:    Class A common stock 993  987         Condensed Consolidated Statements of Cash Flows
(Unaudited)    Three Months Ended September 30,Nine Months Ended September 30,(In millions)202620262025Cash flows from operating activities:   Net income$422 $2,042 $1,737 Adjustments to reconcile net income to net cash flows from operating activities:   Depreciation and amortization 505  1,192  861 Stock-based compensation cost 57  159  153 Change in fair value of equity securities (6) (81) 29 Gain on business dispositions —  (697) — Benefit for deferred income taxes (244) (186) (44)Working capital —  350  (34)Other operating items, net 271  71  (554)Net cash flows provided by operating activities 1,005  2,850  2,148 Cash flows from investing activities:   Expenditures for capital assets (271) (907) (896)Proceeds from disposal of assets 35  145  139 Net cash paid for acquisitions (14,150) (14,150) (800)Proceeds from business dispositions 69  1,450  — Other investing items, net 41  60  (94)Net cash flows used in investing activities (14,276) (13,402) (1,651)Cash flows from financing activities:   Proceeds from issuance of long-term debt 2,000  11,885  — Dividends paid (228) (684) (683)Repurchase of Class A common stock —  —  (384)Other financing items, net (154) (296) (157)Net cash flows provided by (used in) financing activities 1,618  10,905  (1,224)Effect of currency exchange rate changes on cash and cash equivalents (6) —  56 (Decrease) increase in cash and cash equivalents (11,659) 353  (671)Cash and cash equivalents, beginning of period 15,727  3,715  3,364 Cash and cash equivalents, end of period$4,068 $4,068 $2,693 Supplemental cash flows disclosures:   Income taxes paid, net of refunds$288 $669 $754 Interest paid$70 $307 $197            Supplemental Financial Information

Supplemental financial information can be found on the Company's website at: investors.bakerhughes.com in the Financial Information section under Quarterly Results.

Conference Call and Webcast

The Company has scheduled an investor conference call to discuss management's outlook and the results reported in today's earnings announcement. The call will begin at 9:30 a.m. Eastern time, 8:30 a.m. Central time on Wednesday, October 28, 2026, the content of which is not part of this earnings release. The conference call will be broadcast live via a webcast and can be accessed by visiting the Events and Presentations page on the Company's website at: investors.bakerhughes.com. An archived version of the webcast will be available on the website for one month following the webcast.

Forward-Looking Statements

This news release (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a "forward-looking statement"). Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words "may," "will," "should," "potential," "intend," "expect," "would," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "could," "project," "predict," "continue," "target," "goal," "guidance," "outlook" or other similar words or expressions. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These forward-looking statements are also affected by the risk factors described in the Company's annual report on Form 10-K for the annual period ended December 31, 2025 and those set forth from time to time in other filings with the Securities and Exchange Commission ("SEC"). The documents are available through the Company's website at: https://investors.bakerhughes.com or through the SEC's Electronic Data Gathering and Analysis Retrieval system at: www.sec.gov. We undertake no obligation to publicly update or revise any forward-looking statement, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Our expectations regarding our business outlook and business plans; the business plans of our customers; oil and natural gas market conditions; cost and availability of resources; economic, legal and regulatory conditions, and other matters are only our forecasts regarding these matters.

These forward-looking statements, including forecasts, may be substantially different from actual results, which are affected by many risks, along with the following risk factors and the timing of any of these risk factors:

Economic and political conditions - the impact of worldwide economic conditions; the impact of inflation and interest rates; the impact of tariffs, including the potential for significant increases in tariffs and changes in global trade policy that could affect supply chain costs, pricing, and customer demand; the effect that declines in credit availability may have on worldwide economic growth and demand for hydrocarbons; foreign currency exchange fluctuations and changes in the capital markets in locations where we operate; and the impact of government disruptions and sanctions.Orders and RPO - our ability to execute on orders and RPO in accordance with agreed specifications, terms and conditions and convert those orders and RPO to revenue and cash.Oil and gas market conditions - the level of petroleum industry exploration, development and production expenditures; the price of, volatility in pricing of, and the demand for crude oil and natural gas; drilling activity; drilling permits for and regulation of the shelf and the deepwater drilling; excess productive capacity; crude and product inventories; LNG supply and demand; seasonal and other adverse weather conditions that affect the demand for energy; severe weather conditions, such as tornadoes and hurricanes, that affect exploration and production activities; Organization of Petroleum Exporting Countries ("OPEC") policy and the adherence by OPEC nations to their OPEC production quotas.Terrorism and geopolitical risks - war, military action, terrorist activities or extended periods of international conflict, particularly involving any petroleum-producing or consuming regions, including Russia and Ukraine; and the recent conflict in the Middle East and the associated impact to the Strait of Hormuz; labor disruptions, civil unrest or security conditions where we operate; potentially burdensome taxation; expropriation of assets by governmental action; cybersecurity risks and cyber incidents or attacks; epidemic outbreaks. About Baker Hughes:

Baker Hughes (Nasdaq: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward - making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Investor Relations

Chase Mulvehill
+1 346-297-2561
[email protected]

Media Relations

Adrienne M. Lynch
+1 713-906-8407
[email protected]

____________________
(1) Horizon 2 represents 2026-2028.
(2) Searah North Ganal Limited is a subsidiary of Searah Limited, a joint venture between Eni and PETRONAS.

RALEIGH, N.C., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2026 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

HIW Reports Third Quarter 2026 Results

About Highwoods
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh and Tampa. Our vision is to be a leader in the evolution of commercial real estate for the benefit of our customers, our communities and those who invest with us. Our mission is to create environments and experiences that inspire our teammates and our customers to achieve more together. We are in the work-placemaking business and believe that by creating exceptional environments and experiences, we can deliver greater value to our customers, their teammates and, in turn, our shareholders. For more information about Highwoods, please visit our website at www.highwoods.com.

Contact:Brendan Maiorana Executive Vice President and Chief Financial Officer [email protected] 919-872-4924

NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Six Flags Entertainment Corporation (“Six Flags” or the “Company”) (NYSE: FUN).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Six Flags and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On October 12, 2026, a Six Flags Over Georgia park visitor was killed after falling from a roller coaster. Following the fatal accident, the Company shut down nine roller coasters, citing safety concerns.

On this news, Six Flags’s stock price fell $1.21 per share, or 10.60%, to close at $10.20 per share on October 13, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

PERRYSBURG, Ohio, Oct. 27, 2026 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: OI), an S&P Smallcap 600 member, today announced financial results for the third quarter ended September 30, 2026. 

Please follow the links below to view our third quarter 2026 earnings documents.

O-I Glass Third Quarter 2026 Earnings Release with Financial Tables
O-I Glass Third Quarter 2026 Earnings Presentation

O-I CEO Gordon Hardie and CFO John Haudrich will conduct a conference call to discuss the company’s latest results on Wednesday, October 28, 2026, at 8:00 a.m. ET. A live webcast of the conference call, including presentation materials, will be available on the O-I website, www.o-i.com/investors, in the Events and Presentations section. A replay of the call will be available on the website for a year following the event.

ABOUT O-I GLASS

At O-I Glass, Inc. (NYSE: OI), we are proud to be one of the leading producers of glass bottles and jars around the globe. Glass is not only beautiful, it is also pure, healthy, and completely recyclable, making it the most sustainable rigid packaging material. Headquartered in Perrysburg, Ohio (USA), O-I is the preferred partner for many of the world’s leading food and beverage brands. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 19,000 people across 61 plants in 18 countries, O-I achieved revenues of $6.4 billion in 2025. O-I is an S&P Smallcap 600 member and a component of more than 100 Exchange Traded Funds from iShares, Vanguard, Schwab, Invesco and other firms. Learn more about us: o-i.com /  Instagram / LinkedIn  

CONTACT: 

CHRIS MANUEL        
VP, Investor Relations   
[email protected]
567.336.2600

SASHA SEKPEH
Sr. Finance Coordinator
[email protected]
567.336.5128

O-I Glass Third Quarter 2026 Earnings Presentation O-I Glass Third Quarter 2026 Earnings Release and Financial Tables