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Landstar System, Inc. (LSTR) Q1 2026 Earnings Call Transcript

Key Takeaways Landstar reported Q1 earnings of $1.16 per share, beating estimates and rising 36.5% year over year.LSTR's truck transportation revenue rose 3.1%, supported by higher BCO utilization and rate strength.Operating income jumped 35.1% as variable contribution improved for the first time since Q3 2022. Landstar System, Inc. (LSTR - Free Report) reported solid first-quarter 2026 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate and improved year over year.

Quarterly earnings of $1.16 per share surpassed the Zacks Consensus Estimate of $1.11 and grew 36.5% year over year (despite being unfavorably impacted by almost 10 cents related to the previously disclosed supply chain fraud matter). Revenues of $1.17 billion beat the Zacks Consensus Estimate of $1.15 billion and surged 1.6% year over year.

Operating income surged 35.1% from the prior-year quarter’s figure to $53.23 million. Total costs and expenses (on a reported basis) rose 0.4% year over year to $1.12 billion.

Landstar president and chief executive officer, Frank Lonegro, stated, “The Landstar team of independent business owners and employees executed well in a dynamic transportation backdrop, with our network generating higher truck transportation revenues and increased BCO utilization year-over-year. I was particularly pleased with our variable contribution performance, which reflected Landstar’s first year-over-year increase in variable contribution since the third quarter of 2022. We were encouraged by our improved first quarter results, attributable to a strengthening rate environment and the Company’s unwavering commitment to safety, security and service.”

LSTR’s Q1 Segmental DetailsTotal revenues in the truck transportation segment — contributing to 92.4% of the top line — amounted to $1.08 billion, up 3.1% from the year-ago quarter’s figure. The reported figure was in line with our expectations of $1.06 billion.

Rail intermodal revenues of $19.31 million rose 10.4% from the figure recorded in first-quarter 2025. The reported figure was below our expectations of $21.6 million.

Revenues in the ocean and air-cargo carrier segments fell 26.9% year over year to $47.96 million. The reported figure was below our expectations of $71.7 million.

Other revenues increased 10.5% year over year to $21.72 million. The reported figure was above our expectations of $16.8 million.

Liquidity, Dividends & BuybackAt the end of first-quarter 2026, Landstar had cash and cash equivalents of $353.25 million compared with $396.69 million recorded at the prior-quarter end. Additionally, long-term debt (excluding current maturities) totaled $43.14 million at the end of the first quarter compared with $48.48 million at the prior-quarter end.

During the first quarter of 2026, Landstar purchased 150,923 shares for $22.6 million. Landstar is currently authorized to purchase up to an additional 1,115,195 shares under its longstanding share purchase program. Landstar’s board of directorsalsoannounced a quarterly cash dividend of 40 cents per share payable on June 9, 2026, to stockholders of record as of the close of business on May 19, 2026.

Currently, Landstar carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Q1 Performances of Other Transportation CompaniesDelta Air Lines (DAL - Free Report) reported first-quarter 2026 earnings (excluding $1.08 from non-recurring items) of 64 cents per share, which beat the Zacks Consensus Estimate of 61 cents. Earnings increased 39.1% on a year-over-year basis due to high labor costs. Adjusted revenues in the March-end quarter were $14.2 billion, beating the Zacks Consensus Estimate of $14 billion and increasing on a year-over-year basis. 

United Airlines Holdings, Inc. (UAL - Free Report) reported solid first-quarter 2026 results wherein the company’s earnings and revenues beat the Zacks Consensus Estimate as well as improved on a year-over-year basis.

UAL's first-quarter 2026 adjusted earnings per share (EPS) (excluding 95 cents from non-recurring items) of $1.19 surpassed the Zacks Consensus Estimate of $1.08 and increased 30.8% on a year-over-year basis. The reported figure lies within the guided range of $1.00-$1.50.

Operating revenues of $14.6 billion outpaced the Zacks Consensus Estimate of $14.3 billion and increased 10.5% year over year. Passenger revenues (which accounted for 90.1% of the top line) increased 11% year over year to $13.1 billion. UAL flights transported 42,486 passengers in the first quarter, up 4.1% year over year.

Cargo revenues fell 1.6% year over year to $422 million. Revenues from other sources rose 10.5% year over year to $1.02 billion.

J.B. Hunt Transport Services (JBHT - Free Report)  posted first-quarter 2026 earnings per share of $1.49, up 27% from $1.17 a year ago. The result topped the Zacks Consensus Estimate by $0.04, a 2.8% surprise.

Operating revenues totaled $3.06 billion, rising 4.6% year over year. Revenues beat the consensus mark of $2.94 billion, resulting in a 3.9% surprise, as demand proved resilient across several service offerings, led by Intermodal volume growth and higher revenue per load in select highway-related businesses.

Landstar System has rebounded nearly 30% over the past year, reflecting truckload market recovery and capacity contraction. LSTR's asset-light, diversified model and robust liquidity buffer support resilience amid ongoing macroeconomic volatility and thin margins. Valuation appears full: DDM-derived target price is $178.22, while P/B and P/S suggest lower fair values; technicals indicate overbought conditions.

JACKSONVILLE, Fla., May 19, 2026 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, today reflected on the U.S. Supreme Court’s recent decision in Montgomery v. Caribe Transport II, LLC, which addresses the scope of the Federal Aviation Administration Authorization Act’s (FAAAA) safety exception to the preemption of state law negligent selection claims.

As a leading freight transportation solutions provider, Landstar has long valued safe and reliable freight transportation. In both its role as a motor carrier providing transportation through a network of approximately 8,500 trucks provided by independently owned Business Capacity Owners (BCOs) operating under Landstar’s motor carrier authority and as a freight broker utilizing a network of approximately 65,000 independent, non-exclusive third-party carriers operating under their own federally issued operating authorities, the Company seeks to offer safe, reliable transportation. Across our business model, Landstar applies disciplined, multi-layered approaches to qualifying BCOs and approving third-party carriers aided in part by technology-enabled vetting tools. With respect to our freight brokerage business, Landstar’s process to approve third-party carriers includes review of federal licensing and safety-related data, adherence to operational and compliance-related standards, and investments in and use of technology-enabled compliance tools. We believe these practices align with federal safety expectations, including guidance from the Federal Motor Carrier Safety Administration (FMCSA) and the U.S. Department of Transportation (DOT), and reflect Landstar’s belief that all parties involved in freight transportation have an important role to play with respect to highway safety.

“Safety is fundamental to how Landstar operates,” said Frank Lonegro, President and Chief Executive Officer. “For years, we have applied disciplined processes to evaluate, qualify and arrange transportation solutions because it is the right thing to do for our customers, our independent agents, and the motoring public. This decision reinforces the importance of how we operate and is consistent with the standards that make Landstar the leading platform for independent agents, BCOs, and third-party carriers.”

Industry observers have noted that the decision may increase focus on carrier selection practices and elevate expectations around insurance, compliance, and operational discipline across the brokerage sector. We believe Landstar’s established approach, including its insurance framework and focus on qualified third-party carriers, positions the Company well to operate in this environment. Over time, Landstar has also reduced the size of its approved carrier network as advances in internal systems, third-party technology, and industry tools have enabled more rigorous and data-driven carrier evaluation.

Landstar also believes there is an opportunity for greater clarity at the federal level regarding standards for carrier selection and qualification. The Company encourages Congress, the U.S. Department of Transportation, and the FMCSA to further define expectations in this area and to evaluate current minimum financial responsibility requirements, which have not been meaningfully updated in decades.

Landstar will continue to apply and evolve its established carrier qualification and approval programs, including ongoing investment in vetting technology, use of safety and compliance data, and monitoring through internal systems and third-party tools, as part of its commitment to safety, security, and service across its network of independent agents, BCOs, third-party carriers, and employees.

About Landstar:
Landstar System, Inc., is a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity providers, and employees. Landstar transportation services companies are certified to ISO 9001:2015 quality management system standards and RC14001:2015 environmental, health, safety, and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market® under the symbol LSTR.

Forward Looking Statements Disclaimer:
The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not based on historical facts are “forward-looking statements.” This press release contains forward-looking statements, such as statements which relate to Landstar’s business objectives, plans, strategies and expectations. Terms such as “anticipates,” “believes,” “estimates,” “intention,” “expects,” “plans,” “predicts,” “may,” “should,” “could,” “would,” “will,” the negative thereof and similar expressions are intended to identify forward-looking statements. Such statements are by nature subject to uncertainties and risks, including but not limited to: decreased demand for transportation services; U.S. trade relationships and potential or imposed tariffs; an increase in the frequency or severity of accidents or other claims; unfavorable development of existing accident claims; dependence on third party insurance companies; dependence on independent commission sales agents; dependence on third party capacity providers; the impact of the Russian conflict with Ukraine on the operations of certain independent commission sales agents, including the Company’s second largest such agent by revenue in the 2025 fiscal year; substantial industry competition; disruptions or failures in the Company’s computer systems; cyber and other information security incidents; dependence on key vendors; potential changes in taxes; status of independent contractors; regulatory and legislative changes; regulations focused on diesel emissions and other air quality matters; regulations requiring the purchase and use of zero-emission vehicles; intellectual property; acquisitions and investments; and other operational, financial or legal risks or uncertainties detailed in Landstar’s Form 10-K for the 2025 fiscal year, described in Part I, Item 1A Risk Factors, and in other SEC filings from time to time. These risks and uncertainties could cause actual results or events to differ materially from historical results or those anticipated. Investors should not place undue reliance on such forward-looking statements, and the Company undertakes no obligation to publicly update or revise any forward-looking statements.

It has been about a month since the last earnings report for Landstar System (LSTR - Free Report) . Shares have added about 8.9% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Landstar due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Landstar System, Inc. before we dive into how investors and analysts have reacted as of late.

Landstar Q1 Earnings Beat EstimatesLandstar reported solid first-quarter 2026 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate and improved year over year.

Quarterly earnings of $1.16 per share surpassed the Zacks Consensus Estimate of $1.11 and grew 36.5% year over year (despite being unfavorably impacted by almost 10 cents related to the previously disclosed supply chain fraud matter). Revenues of $1.17 billion beat the Zacks Consensus Estimate of $1.15 billion and surged 1.6% year over year.

Operating income surged 35.1% from the prior-year quarter’s figure to $53.23 million. Total costs and expenses (on a reported basis) rose 0.4% year over year to $1.12 billion.

LSTR’s Q1 Segmental DetailsTotal revenues in the truck transportation segment — contributing to 92.4% of the top line — amounted to $1.08 billion, up 3.1% from the year-ago quarter’s figure. The reported figure was in line with our expectations of $1.06 billion.

Rail intermodal revenues of $19.31 million rose 10.4% from the figure recorded in first-quarter 2025. The reported figure was below our expectations of $21.6 million.

Revenues in the ocean and air-cargo carrier segments fell 26.9% year over year to $47.96 million. The reported figure was below our expectations of $71.7 million.

Other revenues increased 10.5% year over year to $21.72 million. The reported figure was above our expectations of $16.8 million.

Liquidity, Dividends & BuybackAt the end of first-quarter 2026, Landstar had cash and cash equivalents of $353.25 million compared with $396.69 million recorded at the prior-quarter end. Additionally, long-term debt (excluding current maturities) totaled $43.14 million at the end of the first quarter compared with $48.48 million at the prior-quarter end.

During the first quarter of 2026, Landstar purchased 150,923 shares for $22.6 million. Landstar is currently authorized to purchase up to an additional 1,115,195 shares under its longstanding share purchase program. Landstar’s board of directorsalsoannounced a quarterly cash dividend of 40 cents per share payable on June 9, 2026, to stockholders of record as of the close of business on May 19, 2026.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates review.

VGM ScoresAt this time, Landstar has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Landstar has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerLandstar belongs to the Zacks Transportation - Truck industry. Another stock from the same industry, JB Hunt (JBHT - Free Report) , has gained 10% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.

JB Hunt reported revenues of $3.06 billion in the last reported quarter, representing a year-over-year change of +4.6%. EPS of $1.49 for the same period compares with $1.17 a year ago.

For the current quarter, JB Hunt is expected to post earnings of $1.69 per share, indicating a change of +29% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.4% over the last 30 days.

JB Hunt has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) (FSE: PR90) ("Lodestar" or the "Company") is pleased to announce that its common shares have been approved for trading on the OTCQB Market, and that it has completed its maiden drill program at the Gold Run Project, with assay results currently being analyzed. Drill Program Update Lodestar has now successfully completed its maiden drill program at Gold Run, comprising 18 RC holes for a total of 2,820 metres.

RE/MAX (NYSE: RMAX - Get Free Report) and WillScot (NASDAQ: WSC - Get Free Report) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, valuation, earnings and risk. Earnings and Valuation This table compares RE/MAX and WillScot"s gross

On April 20, 2026, WillScot Holdings Corp WSC shares rose 5.3% to a current price of $21.30. This price movement comes amid a 52-week range of $14.91 to $31.88, indicating significant volatility in the stock's performance over the past year.

GF Value™ verdict: Current price is $21.30 vs GF Value™ of $38.95, representing a 45.3% upside.GF Score™: 72/100, indicating an above-average potential for long-term returns.Most notable signal: No insider transactions in the last 3 months. Is WSC Overvalued or Undervalued? The current price of WillScot Holdings Corp WSC at $21.30 is significantly below the GF Value™ estimate of $38.95, suggesting that the stock is undervalued by approximately 45.3%. This margin of safety implies that there may be opportunities for price appreciation if the market recognizes the company's potential. However, it's worth noting that the GF Valuation label indicates a possible value trap, suggesting that investors should assess the underlying business fundamentals carefully before making any decisions. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

While the undervaluation may present an attractive opportunity, potential risks include the company's financial strength, which is rated 3 out of 10. Investors should consider these factors in the context of the overall market conditions and the company’s performance trends to gauge the likelihood of a price correction towards its intrinsic value.

How Does WSC's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 20.3x 37.0x WillScot Holdings Corp's current forward P/E of 20.3x is well below its 5-year median P/E of 37.0x, indicating that the stock is trading at a discount compared to its historical valuation levels. This P/E analysis agrees with the GF Value™ verdict, reinforcing the notion that the stock may be undervalued and presents a potential opportunity for investors.

What Does WSC's GF Score™ Tell Us? Metric Rating GF Score™ 72/100 Financial Strength 3/10 Profitability 7/10 Growth 5/10 Valuation 4/10 Momentum 5/10 The GF Score™ of 72/100 indicates that WillScot Holdings Corp has a relatively strong potential for long-term returns, primarily driven by its profitability rank of 7/10. However, the financial strength ranked at 3/10 signals concerns regarding the company's stability and ability to weather financial downturns. The mixed performance across the other metrics suggests areas for improvement, especially in financial strength and valuation, which may influence investor sentiment and future performance.

What Are Insiders Doing with WSC Stock? There have been no insider transactions in the last three months for WillScot Holdings Corp, indicating a lack of insider activity. This absence of buying or selling by insiders may suggest that current management is confident in the company's strategy and outlook or that they may be awaiting further developments before making any personal investment decisions. This neutral stance could also imply a wait-and-see approach regarding the stock's performance.

What This Means for Investors Based on the GF Value™ of $38.95 and the current market price of $21.30, WillScot Holdings Corp appears to be undervalued, presenting a potential opportunity for investors. However, potential risks related to financial strength and market conditions should be considered before any investment decisions.

For the complete analysis, visit the WillScot Holdings Corp WSC stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is WSC's GF Score™?

WSC's GF Score™ is 72/100, indicating above-average potential for long-term returns based on its financial metrics.

Is WSC overvalued or undervalued?

WSC is currently undervalued, with a GF Value™ of $38.95 compared to its current price of $21.30.

What is WSC's P/E ratio?

WSC's current forward P/E is 20.3x, which is significantly lower than its 5-year median P/E of 37.0x, suggesting a discount compared to historical valuation levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

April 23, 2026 08:00 ET  | Source: WillScot

SCOTTSDALE, Ariz., April 23, 2026 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that it will release its first quarter 2026 financial results on May 7, 2026, after market close.

The Company’s management team will host a conference call and webcast on May 7, 2026, at 5:30 p.m. EDT to discuss the Company’s results.

To access the live call by phone, use the following link by clicking here to obtain registration details.

You will be provided with dial-in details after registering. To avoid delays, we recommend that participants dial into the conference call 15 minutes ahead of the scheduled start time. A live webcast will also be accessible via the “Events & Presentations” section of the Company’s website www.investors.willscot.com. An archived version of the webcast will be available for 12 months following the call.

About WillScot

WillScot (Nasdaq: WSC) is a leading provider of innovative turnkey space solutions in North America, helping customers keep projects moving and operations running. The company partners with critical industries including construction, manufacturing, healthcare, government, energy and education to deliver the right solutions coupled with a high level of customer service. WillScot’s comprehensive portfolio of products – including modular complexes, dry and cold storage containers, blast-resistant buildings, clearspan industrial structures, fencing, and add-on furnishings and equipment – is customizable and flexible to support any project need. Headquartered in Scottsdale, Ariz., WillScot operates from a network of approximately 250 branch locations the U.S., Canada and Mexico.

Additional information can be found on the company's website at www.willscot.com.

Contact Information

Investor inquiries:
Charlie Wohlhuter
[email protected]

Media inquiries:
Juliana Welling
[email protected]

First Busey (BUSE - Free Report) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +17.13%. A quarter ago, it was expected that this bank holding company would post earnings of $0.61 per share when it actually produced earnings of $0.68, delivering a surprise of +11.48%.

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

First Busey, which belongs to the Zacks Banks - Midwest industry, posted revenues of $196.23 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.47%. This compares to year-ago revenues of $124.95 million. 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.

First Busey shares have added about 11.4% since the beginning of the year versus the S&P 500's gain of 4.8%.

What's Next for First Busey?While First Busey 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 First Busey 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 $0.62 on $201.95 million in revenues for the coming quarter and $2.52 on $811.75 million 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 - Midwest is currently in the top 25% 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 broader Zacks Finance sector, WillScot (WSC - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.

This maker of portable classrooms, mobile offices and storage units is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of -33.3%. The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level.

WillScot's revenues are expected to be $523.85 million, down 6.4% from the year-ago quarter.

Newmark Group (NMRK - Free Report) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +22.22%. A quarter ago, it was expected that this provider of commercial real estate services would post earnings of $0.65 per share when it actually produced earnings of $0.68, delivering a surprise of +4.62%.

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

Newmark Group, which belongs to the Zacks Real Estate - Operations industry, posted revenues of $846.52 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 13.89%. This compares to year-ago revenues of $665.49 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.

Newmark Group shares have lost about 9.1% since the beginning of the year versus the S&P 500's gain of 4.2%.

What's Next for Newmark Group?While Newmark Group 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 Newmark Group 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 $0.39 on $859.15 million in revenues for the coming quarter and $1.88 on $3.74 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, Real Estate - Operations is currently in the bottom 40% 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, WillScot (WSC - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.

This maker of portable classrooms, mobile offices and storage units is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of -33.3%. The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level.

WillScot's revenues are expected to be $523.85 million, down 6.4% from the year-ago quarter.

Exceeded Q1 2026 Outlook for Revenue and Adjusted EBITDA

Raises 2026 Full Year Outlook for Revenue, Adjusted EBITDA
and Net CAPEX on Continued Improving Commercial Demand

SCOTTSDALE, Ariz., May 07, 2026 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced first quarter 2026 results, including key performance highlights and market updates, and raised its 2026 full year outlook.

Q1 20261

Generated revenue of $549 million, gross profit margin percentage of 52.1%, and net income of $28 million.Reported Adjusted Net Income of $39 million and Adjusted EBITDA of $211 million at a 38.5% margin.Reported diluted and Adjusted Diluted Earnings Per Share of $0.15 and $0.21, respectively.Leasing and services revenue of $525 million increased year-over-year, with a 2.0% decline in leasing revenue more than offset by a 12.3% increase in delivery and installation revenue driven by project activations during the quarter.Generated Net cash provided by operating activities of $191 million and Adjusted Free Cash Flow of $116 million at a 21.1% margin.Paid down $76 million of outstanding debt and returned $20 million to shareholders through our quarterly cash dividend and share repurchases.Increased previously issued full year 2026 outlook for revenue, Adjusted EBITDA, and Net CAPEX given continued improving commercial demand. Tim Boswell, President and Chief Executive Officer of WillScot, commented, "Our first quarter 2026 results were encouraging, with clear progress across our commercial and operational priorities for the year. We are seeing a steady increase in demand from larger project opportunities, most notably in the data center, power generation and utility, diversified manufacturing, and events sectors, that align well with both our value proposition and our strategic focus on enterprise accounts, new verticals, and our expanded offerings. Order and activation trends continued to strengthen through April, which combined with the growing volume of larger projects, is giving us better visibility into the second half of the year and is consistent with our longer-term strategy to drive higher quality revenue mix. Operationally, our teams are mobilizing to support increased activity levels by executing our previously announced Network Optimization Plan, rolling out our route optimization and dispatch platform in the field, continuing to optimize centralized shared services, and activating fleet to increase availability and minimize lead times across the network. Each of these initiatives supports our ability to capture immediate market opportunities while improving long-term profitability and the customer experience."

Boswell continued, "The strengthening commercial activity supports our increased 2026 outlook for Revenue, Adjusted EBITDA and capital expenditures, and we think there is a credible path to inflect leasing revenues to year-over-year growth in the second half of 2026. We remain focused on advancing initiatives that are within our control to strengthen our competitive positioning, serve our customers, and drive long-term shareholder value creation. I am incredibly grateful to our team for their focus on clean and consistent execution."

Matt Jacobsen, Chief Financial Officer of WillScot, commented, "First quarter 2026 revenues of $549 million and Adjusted EBITDA of $211 million exceeded our outlook entering the year. Large project demand drove outperformance in unit activations, which drove a year-over-year increase in variable costs, but also 12% year-over-year growth in delivery and installation revenues in the quarter. While these items naturally weigh on Adjusted EBITDA margins in the short-term, we expect that these activity levels will support units-on-rent and an increased lease revenue run-rate heading into the second half of the year."

Jacobsen concluded, "Based on first quarter results and our current order book levels, we are raising our 2026 outlook to $2.250 billion in revenue and $915 million in Adjusted EBITDA. We continue to see improving commercial demand stemming mainly from larger project activity in our modular space portfolio. In contrast, we have not seen improved demand across local markets, so while stabilizing, we remain cautious about the outlook. That said, we are raising our Net CAPEX outlook to $325 million for 2026 to support strong demand in select product lines tied to large scale projects. This increase speaks favorably to our competitive positioning and is expected to offset continued softness in other transactional product categories, supporting the second half 2026 leasing revenue inflection now implied in our current outlook."

First Quarter 2026 Results1 

 Three Months Ended
March 31,(in thousands, except share data) 2026   2025 Revenue$548,628  $559,551 Net income$28,123  $43,055 Adjusted Net Income$38,847  $48,658 Adjusted EBITDA$211,014  $228,785 Gross profit margin 52.1%  53.7%Adjusted EBITDA Margin (%) 38.5%  40.9%Net cash provided by operating activities$191,058  $206,627 Adjusted Free Cash Flow$115,556  $144,795 Diluted earnings per share$0.15  $0.23 Adjusted Diluted Earnings Per Share$0.21  $0.26 Weighted average diluted shares outstanding 181,463,605   185,301,787 Adjusted weighted average diluted shares outstanding 181,463,605   185,301,787 Net cash provided by operating activities margin 34.8%  36.9%Adjusted Free Cash Flow Margin (%) 21.1%  25.9%Return on Invested Capital 13.0%  13.7%  Three Months Ended
March 31,
(in thousands) 2026   2025 Modular space leasing revenue(a)$243,761  $245,864 Portable storage leasing revenue 72,523   77,035 VAPS and third-party leasing revenues(b) 97,135   96,339 Other leasing-related revenue(c) 12,103   15,152 Leasing revenue 425,522   434,390 Delivery and installation revenue 99,522   88,661 Total leasing and services revenue 525,044   523,051 New unit sales revenue 8,994   22,437 Rental unit sales revenue 14,590   14,063 Total revenues$548,628  $559,551  (a) Includes revenue from clearspan structures.
(b) Includes $10.2 million and $9.2 million of service revenue for the three months ended March 31, 2026 and 2025, respectively.
(c) Includes primarily damage billings, delinquent payment charges, and other processing fees associated with leasing arrangements, and is partially offset by write offs of specific uncollectible lease receivables recorded as a reduction to revenue of $13.0 million and $10.6 million, for the three months ended March 31, 2026 and 2025, respectively.

Capitalization and Liquidity Update1
As of and for the three months ended March 31, 2026, except where noted:

Net cash provided by operating activities was $191 million, resulting in $116 million of Adjusted Free Cash Flow after Net CAPEX investments.Invested $89 million of Net CAPEX, supporting both maintenance capex needs and growth in higher value products from strong ongoing large project demand.Total debt was $3,514 million and net debt was $3,499 million, representing a $76 million reduction in our total debt balance in the quarter. Our next debt maturity is in August 2028.Availability under our asset-based revolving credit facility ("ABL Facility") was approximately $1.5 billion.Weighted average pre-tax interest rate, inclusive of $1.25 billion of fixed-to-floating swaps of 1-month SOFR at 3.54%, was approximately 5.7%. Estimated annual cash interest expense based on our current debt structure and benchmark rates is approximately $202 million, or approximately $215 million inclusive of non-cash amortization of deferred financing fees. Our debt structure is approximately 90% / 10% fixed-to-floating after giving effect to the interest rate swaps.Net Debt to Adjusted EBITDA was at 3.7x based on our last 12 months Adjusted EBITDA of $953 million.Repurchased 352,900 shares of Common Stock for $7 million in the first quarter of 2026, contributing to a 1.2% reduction in our outstanding share count over the 12 months ended March 31, 2026.Paid quarterly cash dividend of $0.07 per share on March 18, 2026 to shareholders of record as of March 4, 2026. 2026 Full Year Outlook1
The Company raised its full year 2026 outlook provided in February 2026. This outlook uses approximate figures and is subject to risks and uncertainties, including those described in "Forward-Looking Statements" below.

$M2026 OutlookRevenue$2,250Adjusted EBITDA$915Net CAPEX$325 ____________________
1 - Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Diluted Earnings Per Share, Adjusted Weighted Average Diluted Shares Outstanding, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Net Debt, Net Debt to Adjusted EBITDA ratio, Net CAPEX and Return on Invested Capital are financial measures that are not required by, or calculated in accordance with, generally accepted accounting principles in the US ("GAAP"). Further information and reconciliations for these non-GAAP financial measures to the most directly comparable financial measure calculated in accordance with GAAP are included at the end of this press release. Information reconciling forward-looking Adjusted EBITDA and Net CAPEX to the most directly comparable GAAP financial measures is unavailable to the Company without unreasonable effort and, therefore, neither the most directly comparable GAAP financial measures nor reconciliations to the most directly comparable GAAP measures are provided.

Non-GAAP Financial Measures
This press release includes non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Diluted Earnings Per Share, Adjusted Weighted Average Diluted Shares Outstanding, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Return on Invested Capital, Net CAPEX, and Net Debt to Adjusted EBITDA ratio. These non-GAAP financial measures should not be considered in isolation from, or as an alternative to, financial measures calculated in accordance with GAAP. Other companies may calculate these non-GAAP financial measures differently, and, therefore, the Company's non-GAAP financial measures may not be directly comparable to similarly-titled measures of other companies. For reconciliations of the non-GAAP financial measures used in this press release (except as explained below), see “Reconciliation of Non-GAAP Financial Measures" included in this press release.

Information regarding the most directly comparable GAAP financial measures and reconciling forward-looking Adjusted EBITDA and Net CAPEX to those GAAP financial measures is unavailable to the Company without unreasonable effort. We cannot provide the most comparable GAAP financial measures nor reconciliations of forward-looking Adjusted EBITDA and Net CAPEX to the most directly comparable GAAP financial measures because certain items required for such reconciliations are outside of our control and/or cannot be reasonably predicted, such as the provision for income taxes. Preparation of such reconciliations would require a forward-looking balance sheet, statement of income, and statement of cash flow, prepared in accordance with GAAP, and such forward-looking financial statements are unavailable to the Company without unreasonable effort. Although we provide outlooks for Adjusted EBITDA and Net CAPEX that we believe will be achieved, we cannot accurately predict all the components of the Adjusted EBITDA and Net CAPEX calculations. The Company provides Adjusted EBITDA and Net CAPEX guidance because we believe that Adjusted EBITDA and Net CAPEX, when viewed with our results under GAAP, provides useful information for the reasons noted below.

Conference Call Information
WillScot will host a conference call and webcast to discuss its first quarter and full year 2026 results and the 2026 outlook at 5:30 p.m. Eastern Time on Thursday, May 7, 2026. To access the live call by phone, use the following link:

https://register-conf.media-server.com/register/BI593e7eb881ea45eeac2df4c310b8e1af

You will be provided with dial-in details after registering. To avoid delays, we recommend that participants dial into the conference call 15 minutes ahead of the scheduled start time. A live webcast will also be accessible via the "Events & Presentations" section of the Company's investor relations website: www.investors.willscot.com. Choose "Events" and select the information pertaining to the WillScot First Quarter 2026 Conference Call. Additionally, there will be slides accompanying the webcast. Please allow at least 15 minutes prior to the call to register, download and install any necessary software. For those unable to listen to the live broadcast, an audio webcast of the call will be available for 12 months on the Company’s investor relations website.

About WillScot
WillScot (Nasdaq: WSC) is a leading provider of innovative turnkey space solutions in North America, helping customers keep projects moving and operations running. The Company partners with critical industries including construction, manufacturing, healthcare, government, energy and education to deliver the right solutions coupled with a high level of customer service. WillScot’s comprehensive portfolio of products – including modular complexes, dry and cold storage containers, blast-resistant buildings, clearspan industrial structures, fencing, and add-on furnishings and equipment – is customizable and flexible to support any project need. Headquartered in Scottsdale, Ariz., WillScot operates from a network of approximately 250 branch locations in the U.S., Canada, and Mexico.

Forward-Looking Statements
This press release contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimates," "expects," "anticipates," "believes," "forecasts," "plans," "intends," "may," "will," "should," "shall," "outlook," "guidance," "see," "have confidence" and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating to demand for units tied to large scale projects reducing continued softness from transactional product categories, an improved lease revenue run-rate, and an inflection in year-over-year leasing revenue growth. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in or implied by the forward-looking statements. Although the Company believes that these forward-looking statements are based on reasonable assumptions, they are predictions and we can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, economic conditions and changes therein, including financial market conditions and levels of end market demand, as a result of macroeconomic and geopolitical conditions, including international armed conflicts; our ability to effectively compete in the modular space and portable storage industries; our ability to effectively manage our credit risk, collect on our accounts receivable, or recover our rental equipment from customers; our ability to implement our Network Optimization Plan; laws and regulations governing antitrust, climate related disclosures, cybersecurity and information technology, privacy, government contracts, anti-corruption, and the environment; the actions of activist shareholders; our ability to successfully acquire and integrate new operations; risks associated with cybersecurity threats and failure of our management information systems; trade policies and changes in trade policies, including the imposition of or increases in tariffs, their enforcement, trade restrictions, and broader economic measures and their consequences; fluctuations in interest rates and commodity prices; risks associated with labor relations, labor costs and labor disruptions; changes in the competitive environment of our customers as a result of the economic climate in which they operate and/or economic or financial disruptions to their industry; our ability to adequately protect our intellectual property and other proprietary rights that are material to our business; natural disasters and other business disruptions such as pandemics; our ability to establish and maintain the appropriate physical presence in our markets; property, casualty or other losses not covered by our insurance; our ability to close our unit sales transactions; our ability to achieve our sustainability goals; operational, economic, political, and regulatory risks; effective management of our rental equipment; the effect of changes in state building codes on our ability to remarket our buildings; significant increases in the costs and restrictions on the availability of raw materials and labor; fluctuations in fuel costs or a reduction in fuel supplies; our reliance on third-party manufacturers and suppliers; impairment of our goodwill, intangible assets and indefinite-life intangible assets; our ability to use our net operating loss carryforwards and other tax attributes; our ability to recognize deferred tax assets, such as those related to tax loss carryforwards, and utilize future tax savings; unanticipated changes in tax obligations, adoption of new tax legislation, or exposure to additional income tax liabilities; our ability to access the capital and credit markets or the ability of key counterparties to perform their obligations to us; our ability to service our debt and operate our business; our ability to incur significant additional amounts of debt and avoid risks associated with substantial indebtedness; covenants that limit our operating and financial flexibility; and such other risks and uncertainties described in the periodic reports we file with the US Securities and Exchange Commission ("SEC") from time to time (including our Annual Report on Form 10-K for the year ended December 31, 2025), which are available through the SEC’s EDGAR system at www.sec.gov and on our website. Any forward-looking statement speaks only at the date on which it is made, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Additional Information and Where to Find It
Additional information can be found on the Company's website at www.willscot.com.

Contact Information     Investor Inquiries: Media Inquiries:Charlie Wohlhuter Juliana [email protected] [email protected]     WillScot Holdings Corporation
Condensed Consolidated Statements of Operations
(Unaudited)
 Three Months Ended
March 31,(in thousands, except share and per share data) 2026  2025Revenues:   Leasing and services revenue:   Leasing$425,522 $434,390Delivery and installation 99,522  88,661Sales revenue:   New units 8,994  22,437Rental units 14,590  14,063Total revenues 548,628  559,551Costs:   Costs of leasing and services:   Leasing 96,027  88,070Delivery and installation 83,243  73,796Costs of sales:   New units 6,218  15,198Rental units 8,703  8,169Depreciation of rental equipment 68,762  73,952Gross profit 285,675  300,366Other operating expenses:   Selling, general and administrative 154,008  156,771Other depreciation and amortization 23,669  23,140Restructuring costs 11,250  375Other expense, net 85  646Operating income 96,663  119,434Interest expense, net 53,607  58,469Income before income tax 43,056  60,965Income tax expense 14,933  17,910Net income$28,123 $43,055    Earnings per share:Basic$0.16 $0.23Diluted$0.15 $0.23Weighted average shares outstanding:   Basic 180,987,459  183,680,565Diluted 181,463,605  185,301,787  WillScot Holdings Corporation
Condensed Consolidated Balance Sheets(in thousands, except share amounts)March 31, 2026 (unaudited) December 31,
2025Assets   Cash and cash equivalents$15,543  $14,587 Trade receivables, net of allowances for credit losses at March 31, 2026 and December 31, 2025 of $62,389 and $61,755, respectively 397,432   394,708 Inventories 46,187   45,560 Prepaid expenses 20,737   27,709 Other current assets 48,861   41,328 Assets held for sale 1,159   1,159 Total current assets 529,919   525,051 Rental equipment, net 3,103,332   3,093,321 Property, plant and equipment, net 386,339   390,220 Operating lease assets 298,027   310,662 Goodwill 1,257,201   1,257,612 Intangible assets, net 213,432   224,088 Other non-current assets 22,406   15,213 Total long-term assets 5,280,737   5,291,116 Total assets$5,810,656  $5,816,167 Liabilities and equity   Accounts payable$142,454  $109,864 Accrued expenses 150,873   125,896 Accrued employee benefits 30,012   36,176 Deferred revenue and customer deposits 244,854   237,322 Operating lease liabilities – current 70,155   70,752 Current portion of long-term debt 31,934   31,094 Total current liabilities 670,282   611,104 Long-term debt 3,482,297   3,557,074 Deferred tax liabilities 501,582   492,332 Operating lease liabilities – non-current 231,075   241,933 Other non-current liabilities 54,896   57,470 Long-term liabilities 4,269,850   4,348,809 Total liabilities 4,940,132   4,959,913 Preferred Stock: $0.0001 par, 1,000,000 shares authorized and zero shares issued and outstanding at March 31, 2026 and December 31, 2025 —   — Common Stock: $0.0001 par, 500,000,000 shares authorized and 180,994,679 and 181,184,438 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 19   19 Additional paid-in-capital 1,710,836   1,725,642 Accumulated other comprehensive loss (68,500)  (69,453)Accumulated deficit (771,831)  (799,954)Total shareholders' equity 870,524   856,254 Total liabilities and shareholders' equity$5,810,656  $5,816,167  Reconciliation of Non-GAAP Financial Measures

In addition to using GAAP financial measurements, we use certain non-GAAP financial measures to evaluate our operating results. Set forth below are definitions of the non-GAAP financial measures used in this press release, reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures, and the reasons why we believe these measures provide useful information to investors. Each of these non-GAAP financial measures has limitations as an analytical tool and should not be considered in isolation from, or as a substitute for analysis of, results reported under GAAP. Our measurements of these metrics may not be comparable to similarly titled measures of other companies.

Adjusted EBITDA and Adjusted EBITDA Margin
We define EBITDA as net income plus net interest (income) expense, income tax expense (benefit), depreciation and amortization. Our adjusted EBITDA ("Adjusted EBITDA") reflects the following further adjustments to EBITDA to exclude certain non-cash items and the effect of what we consider transactions or events not related to our core business operations:

Currency (gains) losses, net on monetary assets and liabilities denominated in foreign currencies other than the subsidiaries’ functional currency.Restructuring costs, lease impairment expense, and other related charges associated with restructuring plans designed to streamline operations and reduce costs including employee and lease termination costs.Goodwill and other impairment charges related to non-cash costs associated with impairment charges to goodwill, other intangibles, rental fleet and property, plant and equipment.Costs to integrate acquired companies, including outside professional fees, non-capitalized costs associated with system integrations, non-lease branch and fleet relocation expenses, employee relocation and training costs, and other costs required to realize cost or revenue synergies.Transaction costs including legal and professional fees and other transaction specific related costs.Non-cash charges for stock compensation plans.Other expense, including consulting expenses related to certain one-time projects, financing costs not classified as interest expense, gains and losses on disposals of property, plant, and equipment, unrealized gains and losses on investments, costs to implement the Company's real estate exits prior to the approval of the Network Optimization Plan, and non-equity executive transition costs. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by revenue.

We evaluate business performance utilizing Adjusted EBITDA and Adjusted EBITDA Margin as shown in the reconciliations below. We believe that evaluating performance excluding such items noted above is meaningful because it provides insight with respect to the intrinsic and ongoing operating results of the Company and captures the business performance, inclusive of indirect costs. We believe that Adjusted EBITDA and Adjusted EBITDA Margin (as defined below) are useful to investors because they (i) allow investors to compare performance over various reporting periods on a consistent basis by removing from operating results the impact of items that do not reflect core operating performance; (ii) are used by our board of directors and management to assess our performance; (iii) may, subject to certain limitations, enable investors to compare the performance of the Company to its competitors; (iv) provide additional tools for investors to use in evaluating ongoing operating results and trends; and (v) align with definitions in our ABL Facility.

The following table provides reconciliations of net income to Adjusted EBITDA:

 Three Months Ended
March 31,(in thousands) 2026  2025Net income$28,123 $43,055Income tax expense 14,933  17,910Interest expense, net 53,607  58,469Depreciation and amortization 92,431  97,092Currency losses, net 171  223Restructuring costs, lease impairment expense and other related charges 11,273  702Integration and transaction costs 66  261Stock compensation expense 7,107  8,341Other(a) 3,303  2,732Adjusted EBITDA$211,014 $228,785 (a) For the three months ended March 31, 2026, other included $1.8 million in non-equity executive transition costs
.
The following table provides comparisons of Adjusted EBITDA Margin to Gross Profit Margin:

 Three Months Ended
March 31,(in thousands) 2026   2025 Adjusted EBITDA (A)$211,014  $228,785 Revenue (B)$548,628  $559,551 Adjusted EBITDA Margin (A/B) 38.5%  40.9%Gross profit (C)$285,675  $300,366 Gross Profit Margin (C/B) 52.1%  53.7%
Net Debt to Adjusted EBITDA Ratio
Net Debt to Adjusted EBITDA ratio is defined as Net Debt divided by Adjusted EBITDA from the last twelve months. We define Net Debt as total debt net of total cash and cash equivalents. Management believes that Net Debt to Adjusted EBITDA ratio provides useful information to management and investors in evaluating our borrowing capacity and allocation strategies. The following table provides a reconciliation of Net Debt to Adjusted EBITDA ratio:

(in thousands)March 31, 2026Long-term debt$3,482,297Current portion of long-term debt 31,934Total debt 3,514,231Cash and cash equivalents 15,543Net debt (A)$3,498,688  Adjusted EBITDA from the three months ended June 30, 2025$248,913Adjusted EBITDA from the three months ended September 30, 2025 243,307Adjusted EBITDA from the three months ended December 31, 2025 250,034Adjusted EBITDA from the three months ended March 31, 2026 211,014Adjusted EBITDA from the last twelve months (B)$953,268Net Debt to Adjusted EBITDA ratio (A/B) 3.7
Adjusted Net Income and Adjusted Diluted Earnings Per Share
We define Adjusted Net Income as net income, plus certain non-cash items and the effect of what we consider transactions not related to our core business operations, including:

Restructuring costs, lease impairment expense, and other related charges associated with restructuring plans designed to streamline operations and reduce costs including employee and lease termination costs.Goodwill and other impairment charges related to non-cash costs associated with impairment charges to goodwill, other intangibles, rental fleet and property, plant and equipment.Depreciation expense related real estate exits.Equity-based executive transition costs.Costs to integrate acquired companies, including outside professional fees, non-capitalized costs associated with system integrations, non-lease branch and fleet relocation expenses, employee relocation and training costs, and other costs required to realize cost or revenue synergies.Transaction costs including legal and professional fees and other transaction specific related costs.Other expense, including consulting expenses related to certain one-time projects, financing costs not classified as interest expense, gains and losses on disposals of property, plant, and equipment, unrealized gains and losses on investments, costs to implement the Company's real estate exits prior to the approval of the Network Optimization Plan, and non-equity executive transition costs. We define Adjusted Diluted Earnings Per Share as Adjusted Net Income divided by Adjusted Diluted Weighted Average Common Shares Outstanding. Management believes that Adjusted Net Income and Adjusted Diluted Earnings Per Share are important measures that allow investors to evaluate performance between periods on a more comparable basis and provide useful information to both management and investors by excluding certain items that may not be indicative of our core operating results and operational strength of our business.

The following table provides reconciliations of Net income to Adjusted Net Income, Diluted earnings per share to Adjusted Diluted Earnings Per Share and weighted average diluted shares outstanding to Adjusted Weighted Average Diluted Shares Outstanding:

 Three Months Ended
March 31,(in thousands, except share and per share amounts) 2026   2025 Net income$28,123  $43,055 Restructuring costs, lease impairment expense and other related charges, net 11,273   702 Depreciation expense related to real estate exits (171)  3,776 Equity-based executive transition costs 220   — Integration and transaction costs 66   261 Other1 3,303   2,732 Estimated tax impact2 (3,967)  (1,868)Adjusted Net Income$38,847  $48,658     Diluted earnings per share$0.15  $0.23 Restructuring costs, lease impairment expense and other related charges, net 0.06   0.01 Depreciation expense related to real estate exits —   0.02 Equity-based executive transition costs —   — Integration and transaction costs —   — Other1 0.02   0.01 Estimated tax impact2 (0.02)  (0.01)Adjusted Diluted Earnings Per Share$0.21  $0.26     Weighted average diluted shares outstanding 181,463,605   185,301,787 Adjusted Weighted Average Diluted Shares Outstanding 181,463,605   185,301,787  (1) For the three months ended March 31, 2026, other included $1.8 million in non-equity executive transition costs.
(2) We include estimated taxes at our current statutory tax rate of approximately 27.0% for the three months ended March 31, 2026, and 25% for the three months ended March 31, 2025.

Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin
We define Adjusted Free Cash Flow as net cash provided by operating activities; less purchases of rental equipment and property, plant and equipment and plus proceeds from sale of rental equipment and property, plant and equipment, which are all included in cash flows from investing activities; and excluding payments for and proceeds from the implementation of the Network Optimization Plan and real estate exits prior to the approval of the Network Optimization Plan and payments for executive transition costs. Adjusted Free Cash Flow Margin is defined as Adjusted Free Cash Flow divided by Revenue. The Company believes that the presentation of Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin provide useful additional information concerning cash flow available to fund our capital allocation alternatives and allow investors to compare cash generation performance over various reporting periods and against peers. The following table provides reconciliations of net cash provided by operating activities to Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin:

 Three Months Ended
March 31,(in thousands) 2026   2025 Net cash provided by operating activities (A)$191,058  $206,627 Purchase of rental equipment and refurbishments (101,940)  (72,552)Proceeds from sale of rental equipment 19,278   14,063 Purchase of property, plant and equipment (3,629)  (4,634)Proceeds from the sale of property, plant and equipment 1,625   1,291 Cash paid to implement Network Optimization Plan 8,795   — Proceeds from sale of rental equipment for Network Optimization Plan (4,467)  — Cash paid to implement real estate exits prior to approval of the Network Optimization Plan 779   — Proceeds from sale of rental equipment for real estate exits prior to approval of the Network Optimization Plan (213)  — Cash paid for executive transition costs 4,270   — Adjusted Free Cash Flow (C)$115,556  $144,795     Revenue (B)$548,628  $559,551 Net cash provided by operating activities margin (A/B) 34.8%  36.9%Adjusted Free Cash Flow Margin (C/B) 21.1%  25.9% Net CAPEX
We define Net CAPEX as purchases of rental equipment and refurbishments and purchases of property, plant and equipment, less proceeds from the sale of rental equipment (excluding proceeds from the implementation of the Network Optimization Plan and real estate exits prior to the approval of the Network Optimization Plan) and proceeds from the sale of property, plant and equipment, which are all included in cash flows from investing activities. Management believes that the presentation of Net CAPEX provides useful information regarding the net capital invested in our rental fleet and property, plant and equipment each year to assist in analyzing the performance of our business. The following table provides reconciliations of Net CAPEX:

 Three Months Ended
March 31,(in thousands) 2026   2025 Purchases of rental equipment and refurbishments$(101,940) $(72,552)Proceeds from sale of rental equipment 19,278   14,063 Less: Proceeds from sale of rental equipment for Network Optimization Plan (4,467)  — Less: Proceeds from sale of rental equipment for real estate exits prior to approval of Network Optimization Plan (213)  — Net CAPEX for Rental Equipment (87,342)  (58,489)Purchases of property, plant and equipment (3,629)  (4,634)Proceeds from sale of property, plant and equipment 1,625   1,291 Net CAPEX$(89,346) $(61,832)
Return on Invested Capital
Return on Invested Capital is defined as Adjusted earnings before interest and amortization divided by Average Invested Capital. Management believes that the presentation of Return on Invested Capital provides useful information regarding the long-term health and profitability of the business relative to the Company's cost of capital. We define Adjusted earnings before interest and amortization as Adjusted EBITDA (see reconciliation above) reduced by depreciation and estimated taxes. We include estimated taxes at our current statutory tax rate.

Average Invested Capital is calculated as an average of Net Assets, a four quarter average for annual metrics and two quarter average for quarterly metrics. Net assets is defined for purposes of the calculation below as total assets less goodwill, intangible assets, net, and all non-interest bearing liabilities.

The following table provides reconciliations of Return on Invested Capital, which has been adjusted to reflect depreciation related to real estate exits prior to initiating our Network Optimization Plan.

 Three Months Ended
March 31,(in thousands) 2026   2025 Total Assets$5,810,656  $5,961,676 Goodwill (1,257,201)  (1,201,710)Intangible Assets, net (213,432)  (239,816)Total Liabilities (4,940,132)  (4,950,314)Long Term Debt 3,482,297   3,596,816 Net Assets, as defined above$2,882,188  $3,166,652 Average Invested Capital (A)$2,906,908  $3,208,115     Adjusted EBITDA$211,014  $228,785 Depreciation (81,775)  (85,745)Depreciation related to real estate exits (171)  3,776 Adjusted EBITA (B)$129,068  $146,816     Statutory Tax Rate (C) 27%  25%Estimated Tax (B*C)$34,848  $36,704 Adjusted earnings before interest and amortization (D)$94,220  $110,112 ROIC (D/A), annualized 13.0%  13.7%

For the quarter ended March 2026, WillScot (WSC - Free Report) reported revenue of $548.63 million, down 2% over the same period last year. EPS came in at $0.21, compared to $0.24 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $523.85 million, representing a surprise of +4.73%. The company delivered an EPS surprise of +34.36%, with the consensus EPS estimate being $0.16.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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

Average modular space units on rent: 87,692 compared to the 85,646 average estimate based on three analysts.Average modular space monthly rental rate: $1,240.00 versus the three-analyst average estimate of $1,258.91.Average portable storage monthly rental rate: $284.00 versus the three-analyst average estimate of $285.68.Average portable storage units on rent: 98,316 versus the three-analyst average estimate of 88,672.Revenues- Leasing and services revenue- Leasing: $425.52 million versus the two-analyst average estimate of $404.36 million. The reported number represents a year-over-year change of -2%.Revenues- Leasing and services revenue- Delivery and installation: $99.52 million versus the two-analyst average estimate of $86.59 million. The reported number represents a year-over-year change of +12.3%.Revenues- Leasing and services revenue: $525.04 million versus the two-analyst average estimate of $490.94 million. The reported number represents a year-over-year change of +0.4%.Revenues- Sales revenue- Rental units: $14.59 million versus $11.11 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change.Revenues- Sales revenue- New units: $8.99 million versus the two-analyst average estimate of $12.86 million. The reported number represents a year-over-year change of -59.9%.View all Key Company Metrics for WillScot here>>>

Shares of WillScot have returned +24.2% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

2 hours ago

Church & Dwight (NYSE:CHD) Director Robert Shearer Sells 8,600 SharesMarketBeat

Church & Dwight Co., Inc. (NYSE:CHD - Get Free Report) Director Robert Shearer sold 8,600 shares of the business's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $97.97, for a total transaction of $842,542.00. Following the completion of the sale, the director directly owned 30,678 shares in the company, valued at $3,005,523.66. This trade represents a 21.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE:CHD

On June 10, 2026, WillScot Holdings Corp WSC shares fell 3.8% today, bringing the current price to $26.47. The stock has traded within a 52-week range of $14.91 to $31.88. The recent price movement reflects a mix of volatility amid a year-to-date gain of 41.4% and a 1-year decline of 5.8%.

GF Value™ verdict: Current price of $26.47 is 28.0% below GF Value™ of $36.78.GF Score™ of 78/100 indicates that WSC is considered Above Average based on various performance metrics.Notable signal: Insiders sold $4.2M in stock over the last three months, suggesting a lack of buying interest among executives. Is WSC Overvalued or Undervalued? The current price of WillScot Holdings Corp at $26.47 is significantly below the GF Value™ estimate of $36.78, indicating that the stock is undervalued by approximately 28.0%. This margin of safety presents an opportunity for investors, suggesting that the shares may have room for appreciation should the market recognize the company's intrinsic value. GF Valuation is labeled as Modestly Undervalued, which means that while the stock is trading below its estimated fair value, it is important to consider the risks involved in investing.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. This suggests that while there may be opportunities, potential investors should remain cautious and assess the underlying fundamentals and market conditions before making investment decisions.

How Does WSC's Valuation Compare to Its History? Metric Current Historical 5-Year Median P/E 37.0x N/A Forward P/E 25.8x N/A WSC is currently trading at a forward P/E of 25.8x, which is notably lower than its 5-year median P/E of 37.0x. This indicates that the stock is trading below its historical valuation, which aligns with the GF Value™ verdict of being undervalued. Therefore, the P/E analysis supports the notion that WSC could be a more attractive investment at its current price level.

What Does WSC's GF Score™ Tell Us? Metric Rating GF Score™ 78/100 Financial Strength 3/10 Profitability 7/10 Growth 6/10 Valuation 8/10 Momentum 8/10 The GF Score™ of 78/100 reflects an Above Average rating, with notable strengths in Valuation (8/10) and Momentum (8/10), which suggest favorable conditions for price appreciation. However, the Financial Strength rating of 3/10 indicates potential risks, suggesting that while WSC has solid growth prospects and momentum, it may face challenges in its financial stability. Overall, the combination of these scores indicates that while there are some attractive aspects of WSC, caution is warranted due to weaker financial strength.

What Are Insiders Doing with WSC Stock? In recent months, insider activity has shown a notable trend, with insiders selling $4.2 million worth of shares without any recorded buying. This pattern may suggest a lack of confidence among company executives regarding the stock's near-term prospects or a reallocation of their personal investment strategies. While insider selling does not inherently indicate a negative outlook for the company, it is a signal that warrants attention from potential investors.

What This Means for Investors Based on the GF Value™ assessment, WillScot Holdings Corp is currently undervalued, presenting a potential opportunity for investors looking for stocks with intrinsic value below their market price. However, the mixed signals from insider activity and financial strength should be carefully considered as part of a comprehensive investment analysis.

For the complete analysis, visit the WillScot Holdings Corp WSC stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is WSC's GF Score™?

WSC has a GF Score™ of 78/100, indicating that it is considered Above Average based on key performance metrics that typically correlate with higher long-term returns.

Is WSC overvalued or undervalued?

WSC is currently undervalued, with a GF Value™ of $36.78 compared to its market price of $26.47, suggesting a potential upside of 28.0%.

What is WSC's P/E ratio?

WSC's forward P/E ratio is 25.8x, which is significantly below its 5-year median P/E of 37.0x, indicating that the stock is trading at a lower valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Posted by Defense World Staff on Apr 5th, 2026

Sprinklr (NYSE:CXM – Get Free Report) and Cricut (NASDAQ:CRCT – Get Free Report) are both small-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, valuation and risk.

Profitability This table compares Sprinklr and Cricut’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Sprinklr 2.67% 7.86% 4.05% Cricut 10.82% 20.44% 12.04% Volatility and Risk Sprinklr has a beta of 0.73, indicating that its share price is 27% less volatile than the S&P 500. Comparatively, Cricut has a beta of 0.23, indicating that its share price is 77% less volatile than the S&P 500.

Institutional and Insider Ownership 40.2% of Sprinklr shares are owned by institutional investors. Comparatively, 19.6% of Cricut shares are owned by institutional investors. 60.5% of Sprinklr shares are owned by insiders. Comparatively, 18.6% of Cricut shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings and Valuation This table compares Sprinklr and Cricut”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Sprinklr $857.20 million 1.76 $22.91 million $0.09 67.50 Cricut $708.78 million 1.20 $76.71 million $0.36 11.11 Cricut has lower revenue, but higher earnings than Sprinklr. Cricut is trading at a lower price-to-earnings ratio than Sprinklr, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings This is a summary of recent ratings and price targets for Sprinklr and Cricut, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Sprinklr 3 4 2 0 1.89 Cricut 4 1 0 0 1.20 Sprinklr currently has a consensus target price of $8.31, suggesting a potential upside of 36.83%. Cricut has a consensus target price of $3.67, suggesting a potential downside of 8.33%. Given Sprinklr’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Sprinklr is more favorable than Cricut.

Summary Sprinklr beats Cricut on 9 of the 14 factors compared between the two stocks.

About Sprinklr (Get Free Report)

Sprinklr, Inc. provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences. Its products include Sprinklr Service, a suite of artificial intelligence (AI) powered products and solutions that unifies customer service across voice, digital, and social channels; Sprinklr Social, a suite of AI-powered products and solutions that unifies social media publishing and engagement across various channels; Sprinklr Insights, a suite of AI-powered products and solutions that unifies consumer, customer, competitive and industry data from a high volume of third-party, second-party and first-party sources; and Sprinklr Marketing, a suite of AI-powered products and solutions that unifies content production and content lifecycle management with paid campaign orchestration across various channels. The company also provides professional, managed, training, and consultancy services. Sprinklr, Inc. was founded in 2009 and is headquartered in New York, New York.

About Cricut (Get Free Report)

Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy family for personalization, organization, and customization; Cricut Explore family for cutting, writing, and scoring; Cricut Maker family for cutting, writing, scoring, and adding decorative effects to various materials, such as paper, vinyl, iron-on vinyl, pens, and others; and Cricut Venture for cutting, writing, and scoring large-format projects at professional speeds. The company also provides Cricut Access and Cricut Access Premium subscription offerings, and in-app purchases; and a software that integrates its connected machines and design apps comprising Cricut Joy App, Design Space, and other design apps. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, hand tools, machine replacement tools and blades, and project materials. The company offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. It operates in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, and Western Europe, as well as the Middle East, Latin America, South Africa, and Asia. The company was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah.

Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.

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April 14, 2026 16:05 ET  | Source: Cricut, Inc.

SOUTH JORDAN, Utah, April 14, 2026 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced it will report its financial results for the first quarter ended March 31, 2026 after the U.S. markets close on Tuesday, May 5, 2026. Cricut management will host a conference call and webcast to discuss the results that afternoon at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time).

A live webcast of the earnings call will be available on Cricut’s investor relations website at https://investor.cricut.com/. A webcast replay will be available after the live event.

To access the audio call, please pre-register using this link: Cricut Q1 2026 Earnings Pre-Registration. After registering, a confirmation will be sent via email and will include dial-in details and a unique PIN code for entry to the call. To avoid long wait times, we suggest registering at least one day in advance or at minimum 15 minutes before the start of the call to receive your unique PIN code.

About Cricut, Inc.

Cricut, Inc. is a creative platform company that makes it easy for users to create meaningful personal items. Cricut hardware and software work together as a connected platform for consumers to make beautiful, high-quality projects quickly and easily. These industry-leading products include a flagship line of smart cutting machines — the Cricut Maker® family, the Cricut Explore® family, and the Cricut Joy® family — accompanied by other unique tools like Cricut EasyPress®, the Infusible Ink™ system, and a diverse collection of materials. In addition to providing tools and materials, Cricut fosters a thriving community of millions of dedicated users worldwide.

Cricut has used, and intends to continue using, its investor relations website and the Cricut News Blog (https://inspiration.cricut.com) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Cricut News Blog in addition to following our press releases, SEC filings and public conference calls and webcasts.

Contacts:

Press
[email protected]

Investor Relations
[email protected]

Source: Cricut, Inc.

Cricut, Inc. (CRCT - Free Report) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.

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

Cricut, which belongs to the Zacks Technology Services industry, posted revenues of $159.47 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.8%. This compares to year-ago revenues of $162.63 million. 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.

Cricut shares have lost about 16% since the beginning of the year versus the S&P 500's gain of 5.2%.

What's Next for Cricut?While Cricut 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 Cricut 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 $0.04 on $167.84 million in revenues for the coming quarter and $0.14 on $706.52 million 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, Technology Services is currently in the bottom 30% 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, AppLovin (APP - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.

This mobile app technology company is expected to post quarterly earnings of $3.40 per share in its upcoming report, which represents a year-over-year change of +103.6%. The consensus EPS estimate for the quarter has been revised 0% lower over the last 30 days to the current level.

AppLovin's revenues are expected to be $1.77 billion, up 19.5% from the year-ago quarter.

Cricut is in turnaround mode, with a soft 'buy' rating justified by attractive valuation and a strong net cash position. Despite declining product revenue, CRCT's platform segment drives high-margin growth, with an 89% margin and rising paid subscribers offsetting active customer declines. Management is investing in both hardware innovation and software enhancements, including AI-driven tools and a new DTF service to deepen customer engagement.

Key Takeaways H.B. Fuller announced a global price hike of at least 10% across all products, effective April 1, 2026.FUL cites tightening petrochemical supply and rising raw material costs impacting recent operations.H.B. Fuller is leveraging supply networks, securing materials early, and reallocating supply globally. H.B. Fuller Company (FUL - Free Report) has announced a global price increase of at least 10% across all product lines, effective from April 1, 2026, as it aims to ensure continued supply amid the ongoing disruptions in the petrochemical supply chain due to a dynamic global materials environment.

The move is in response to the tightening availability and rising raw material costs that have impacted the petrochemical industry in recent weeks. The pricing action will help safeguard a reliable supply and uphold product quality, service and performance.

The company is taking proactive measures to mitigate supply challenges. These include leveraging its diversified regional supply network, strengthening longstanding supplier partnerships, securing raw materials ahead of shortages and reallocating supply across regions. H.B. Fuller is also advancing qualified alternative raw materials where possible.

The price adjustment of certain technologies and regions may be significantly higher depending on cost pressures and supply conditions, ensuring the company continues investing in capabilities that support customer innovation, long term growth and operational stability. The company further emphasized its commitment to transparency and partnership, urging customers to share updated demand forecasts to support effective planning.

FUL stock has gained 4% over the past year compared with the industry’s 2.6% growth.

Image Source: Zacks Investment Research

FUL’s Zacks Rank & Key PicksFUL currently sports a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Basic Materials space are Agnico Eagle Mines Limited (AEM - Free Report) , Compañía de Minas Buenaventura S.A.A. (BVN - Free Report) and Balchem Corporation (BCPC - Free Report) .

While AEM and BVN sport a Zacks Rank #1 (Strong Buy) each at present, BCPC carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for AEM’s 2026 earnings is pegged at $13.28 per share, indicating a rise of 60.39% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 10.77%. AEM’s shares have soared 74.7% over the past year.

The Zacks Consensus Estimate for BVN’s 2026 earnings is pinned at $3.88 per share, indicating a 17.58% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 80.4%. BVN’s shares have jumped 109.5% over the past year.

The Zacks Consensus Estimate for BCPC’s 2026 earnings is pinned at $5.47 per share, indicating a 6.2% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the four trailing quarters, while missing it in the remaining two.

Posted by Defense World Staff on Apr 9th, 2026

H. B. Fuller Company (NYSE:FUL – Get Free Report) CEO Celeste Beeks Mastin acquired 5,170 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The shares were bought at an average cost of $57.08 per share, for a total transaction of $295,103.60. Following the acquisition, the chief executive officer directly owned 8,670 shares in the company, valued at $494,883.60. This represents a 147.71% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

H. B. Fuller Stock Performance Shares of FUL opened at $62.73 on Thursday. The stock’s 50-day simple moving average is $61.14 and its 200 day simple moving average is $59.99. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.15 and a current ratio of 1.92. H. B. Fuller Company has a 52-week low of $47.58 and a 52-week high of $68.63.

H. B. Fuller (NYSE:FUL – Get Free Report) last issued its quarterly earnings data on Wednesday, March 25th. The specialty chemicals company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. The business had revenue of $770.84 million for the quarter, compared to analysts’ expectations of $787.77 million. H. B. Fuller had a return on equity of 11.84% and a net margin of 4.62%.The firm’s quarterly revenue was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. Research analysts forecast that H. B. Fuller Company will post 4.07 EPS for the current fiscal year.

H. B. Fuller Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th were paid a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Thursday, February 5th. H. B. Fuller’s dividend payout ratio is currently 31.02%.

Analysts Set New Price Targets A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of H. B. Fuller in a research note on Friday, January 16th. Vertical Research upgraded H. B. Fuller from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 27th. Wall Street Zen upgraded H. B. Fuller from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Weiss Ratings restated a “hold (c)” rating on shares of H. B. Fuller in a research note on Monday, December 29th. Finally, UBS Group decreased their target price on H. B. Fuller from $66.00 to $63.00 and set a “neutral” rating on the stock in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $65.50.

Check Out Our Latest Stock Report on FUL

Hedge Funds Weigh In On H. B. Fuller Several institutional investors have recently modified their holdings of the company. Bayban bought a new position in shares of H. B. Fuller during the 4th quarter valued at about $156,000. Caitong International Asset Management Co. Ltd increased its position in shares of H. B. Fuller by 510.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,466 shares of the specialty chemicals company’s stock valued at $87,000 after purchasing an additional 1,226 shares during the last quarter. DGS Capital Management LLC bought a new position in shares of H. B. Fuller during the 4th quarter valued at about $204,000. Invesco Ltd. increased its position in shares of H. B. Fuller by 1.4% during the 4th quarter. Invesco Ltd. now owns 152,960 shares of the specialty chemicals company’s stock valued at $9,095,000 after purchasing an additional 2,042 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of H. B. Fuller by 92.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,433 shares of the specialty chemicals company’s stock valued at $442,000 after purchasing an additional 3,575 shares during the last quarter. 95.93% of the stock is currently owned by institutional investors.

H. B. Fuller Company Profile (Get Free Report)

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.

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ST. PAUL, Minn.--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL) today announced that its Board of Directors approved an increase in the Company's regular quarterly cash dividend from $0.2350 per share of common stock to $0.2450 per share of common stock, payable on May 14, 2026 to shareholders of record at the close of business on April 30, 2026. H.B. Fuller has paid quarterly cash dividends on its common stock for 58 consecutive years. About H.B. Fuller As the largest pureplay adhesives comp.

Investors interested in stocks from the Chemical - Specialty sector have probably already heard of H. B. Fuller (FUL - Free Report) and Hawkins (HWKN - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Currently, both H. B. Fuller and Hawkins are holding a Zacks Rank of #2 (Buy). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that these stocks have improving earnings outlooks. But this is just one piece of the puzzle for value investors.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

FUL currently has a forward P/E ratio of 12.58, while HWKN has a forward P/E of 38.53. We also note that FUL has a PEG ratio of 0.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. HWKN currently has a PEG ratio of 3.21.

Another notable valuation metric for FUL is its P/B ratio of 1.58. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, HWKN has a P/B of 6.75.

These are just a few of the metrics contributing to FUL's Value grade of B and HWKN's Value grade of D.

Both FUL and HWKN are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that FUL is the superior value option right now.

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One company to watch right now is H. B. Fuller (FUL - Free Report) . FUL is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 12.94 right now. For comparison, its industry sports an average P/E of 22.39. FUL's Forward P/E has been as high as 18.44 and as low as 11.31, with a median of 13.44, all within the past year.

Investors should also note that FUL holds a PEG ratio of 0.89. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. FUL's industry has an average PEG of 1.35 right now. FUL's PEG has been as high as 1.54 and as low as 0.71, with a median of 1.01, all within the past year.

Investors should also recognize that FUL has a P/B ratio of 1.75. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.06. Within the past 52 weeks, FUL's P/B has been as high as 2.49 and as low as 1.48, with a median of 1.77.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. FUL has a P/S ratio of 0.94. This compares to its industry's average P/S of 1.83.

Finally, our model also underscores that FUL has a P/CF ratio of 11.92. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 13.46. Within the past 12 months, FUL's P/CF has been as high as 14.30 and as low as 9.48, with a median of 11.67.

These are only a few of the key metrics included in H. B. Fuller's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, FUL looks like an impressive value stock at the moment.

U.S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

SummaryCompaniesH.B. Fuller confirms all-cash proposal, ​currently conducting due diligence with AMSAMS shares surge up ‌to 13.5% after news, market cap peaks at £528.6 millionH.B. Fuller has until June 18 to make firm offer under UK rulesMay 21 (Reuters) - British medical supplier Advanced Medical ​Solutions (AMSU.L), opens new tab on Thursday said it had received an unsolicited takeover ​proposal from U.S.-based adhesives maker H.B. Fuller (FUL.N), opens new tab, days after its ⁠buyout talks with a private-equity firm ended.

Shares of the British ​company rose as much as 13.5% to 240 pence, giving it a ​market capitalisation of £528.6 million ($710.02 million).

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Advanced Medical Solutions's share performance in the last yearMinnesota-based specialty chemicals company H.B. Fuller said it submitted an all-cash proposal for AMS on April 30.

Neither side disclosed financial details of ​the proposed bid.

H.B. Fuller said it was engaged in due diligence ​with the British company.

The approach, which is the second bid in just over a ‌month ⁠for the London-listed company, comes days after private equity firm TA Associates walked away from deal talks without giving a reason or a bid value.

AMS, which develops and supplies wound‑care dressing technologies, would strengthen H.B. Fuller's ​push into high-margin ​medical adhesives and ⁠wound‑care products, diversifying its revenue stream.

AMS stock was last up 5.9% at 224 pence.

This approach is the ​latest in a series of bids for London-listed ​companies as ⁠overseas firms seek to take advantage of relatively low UK equity valuations.

H.B. Fuller has until June 18 to announce a firm intention to make ⁠an ​offer or walk away under UK takeover ​rules.

($1 = 0.7445 pounds)

Reporting by Yamini Kalia ​and Prerna Bedi in Bengaluru; Editing by Shreya Biswas and Jonathan Ananda

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