Track market-moving stories before they get noisy

Broadcom stock has jumped to its highest level since June 4 as investors buy the dip in technology companies. AVGO jumped to $418, up by 17% from its lowest point in July and 45% above the year-to-date low. This article explains why the stock will continue rising and possibly move above the year-to-date high of $495.

AVGO stock has several bullish catalysts that will drive it higher in the long term. First, the company will become a major player in the cybersecurity industry as AI-fueled hacks jump. Most recently, companies like OpenAI and Anthropic have confirmed that their AI tools are escaping and hacking companies.

This is just the beginning, with AI models getting more advanced. In China, companies like Alibaba, Moonshot, and DeepSeek have recently launched some of the most advanced AI models in the industry. 

These developments means that companies will need more cybersecurity tools to fight the threats. Broadcom is one of the biggest names in the cybersecurity space, thanks to its Symantec buyout. 

Most importantly, Broadcom has become the go-to partner for the biggest companies in the AI space. It recently extended its relationship with Apple, and is Google’s top partner in its TPU product.

The company has also inked a multibillion deal with OpenAI. Recently, OpenAI unveiled the chip that will be manufactured by the company. Broadcom is also a top partner for companies like Meta Platforms, Amazon, Microsoft, Oracle, and ByteDance. 

These deals explain why its revenue growth is continuing. The most recent results showed that it made over $22 billion in revenue in the second quarter, up by 48% from the same period last year. Its adjusted EBITDA jumped by 69% to $15.2 billion, while the free cash flow rose to $10 billion.

While some metrics fell short of expectations, we believe that Broadcom’s best days are ahead of it. Indeed, the average estimate is that the company’s annual revenue will jump by 65% this year to $106 billion. It will then make $173 billion next year, up by 63% YoY.

If this revenue growth continues, it means that the company will cross the $300 billion figure in the next few years.

Broadcom is a high-margin business, with its operating margin rising to 67%, and this figure may continue to grow.

These metrics helps to justify why Broadcom’s valuation is where it is today. It has a forward price-to-earnings ratio of 33, higher than the technology sector median of 25. 

Still, using the Rule-of-40 approach show that the company is not all that expensive. It has a Rule-of-40 metric of 115%, meaning that its growth and profitability margins are in sync. 

The main risk that may affect Broadcom’s performance is if the AI industry starts slowing down. Recent financial results by big-tech companies shows that they all plan to intensify their investments in the coming years, which is bullish for the company.

AVGO stock chart | Source: TradingView

The daily chart shows that the AVGO stock plunged and formed a big gap on June 3 when its profit metric came short of expectation. It is now attempting to fill the fair value gap after it found strong support along the 200-day Exponential Moving Average (EMA). 

The stock has formed a small inverse head-and-shoulders pattern, while the Relative Strength Index (RSI) has pointed upwards. 

Therefore, the stock will likely continue rising as bulls target the year-to-date high of $495. A move above that level will point to more gains, potentially to $500.

Posted by Defense World Staff on Aug 5th, 2026

California State Teachers Retirement System raised its position in Ingredion Incorporated (NYSE:INGR – Free Report) by 27.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,804 shares of the company’s stock after purchasing an additional 16,333 shares during the quarter. California State Teachers Retirement System owned about 0.12% of Ingredion worth $8,653,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. First Trust Advisors LP lifted its holdings in Ingredion by 53.1% in the first quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock valued at $344,080,000 after acquiring an additional 1,059,324 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Ingredion by 22,036.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock worth $114,351,000 after acquiring an additional 1,032,421 shares during the period. Norges Bank acquired a new stake in Ingredion during the fourth quarter worth $85,310,000. AQR Capital Management LLC increased its stake in Ingredion by 143.1% during the third quarter. AQR Capital Management LLC now owns 1,191,118 shares of the company’s stock worth $144,685,000 after acquiring an additional 701,063 shares during the last quarter. Finally, Cooke & Bieler LP raised its position in Ingredion by 33.6% in the fourth quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company’s stock valued at $133,101,000 after purchasing an additional 303,807 shares during the period. Hedge funds and other institutional investors own 85.27% of the company’s stock.

Key Headlines Impacting Ingredion Here are the key news stories impacting Ingredion this week:

Positive Sentiment: Ingredion reported second-quarter adjusted EPS of $2.82, above the $2.71–$2.73 consensus range, while revenue of $1.85 billion also topped estimates and rose about 1% year over year. The earnings and sales beats likely helped drive the stock higher. Ingredion Q2 Earnings and Revenues Beat Estimates Positive Sentiment: The company said shareholders accepted Ingredion’s 595 pence all-cash offer for Tate & Lyle. Management expects the transaction to generate approximately $130 million in annual run-rate synergies by 2030, potentially strengthening Ingredion’s specialty ingredients platform and long-term growth profile. Ingredion Anticipates 2026 Adjusted EPS While Progressing Tate and Lyle Deal Positive Sentiment: Texture & Healthful Solutions sales grew 5% to $627 million. Ingredion also highlighted an AI-based texture-development tool and continued demand for better-for-you food products, reinforcing the growth potential of its higher-value specialty business. Ingredion Launches AI Tool and Targets Texture Neutral Sentiment: Ingredion reaffirmed 2026 adjusted EPS guidance of $10.30 to $10.90 and reported EPS guidance of $9.15 to $9.75. The adjusted range remains broadly consistent with expectations, but its midpoint is below the consensus estimate of $10.83. Negative Sentiment: Underlying profitability weakened: reported EPS fell to $1.78 from $2.99, adjusted operating income declined 5%, and reported operating income dropped 31%. Food & Industrial Ingredients U.S./Canada sales fell 7% to $488 million. The Tate & Lyle transaction also carries financing, regulatory and integration risks. Ingredion Reports Second Quarter 2026 Results Ingredion Price Performance INGR opened at $104.79 on Wednesday. The stock’s 50-day moving average price is $99.95 and its 200 day moving average price is $108.31. Ingredion Incorporated has a 12-month low of $94.44 and a 12-month high of $130.48. The company has a current ratio of 2.76, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of 10.10, a PEG ratio of 0.84 and a beta of 0.62.

Ingredion (NYSE:INGR – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.11. Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the company posted $2.87 EPS. Ingredion’s revenue was up .9% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, sell-side analysts expect that Ingredion Incorporated will post 10.81 earnings per share for the current year.

Ingredion Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st were given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Wednesday, July 1st. Ingredion’s dividend payout ratio (DPR) is currently 31.60%.

Analysts Set New Price Targets A number of analysts recently issued reports on the company. Oppenheimer downgraded Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. UBS Group reaffirmed a “neutral” rating and set a $114.00 target price on shares of Ingredion in a research note on Thursday, May 7th. Barclays dropped their price target on shares of Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Finally, Zacks Research raised shares of Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Ingredion has a consensus rating of “Hold” and an average price target of $122.43.

Check Out Our Latest Stock Analysis on Ingredion

Ingredion Company Profile (Free Report)

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.

Recommended Stories Five stocks we like better than Ingredion System Upgrade: First Internet Bancorp Options Surge AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push The AI Chip Blockade Is Creating a Shadow Market Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter Want to see what other hedge funds are holding INGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ingredion Incorporated (NYSE:INGR – Free Report).

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The company posted second-quarter earnings of $3.03 per share, missing the analyst consensus estimate of $3.29. Revenue increased 14% year over year to $5.554 billion (4.78 billion euros), below the Street estimate of $5.600 billion.

For the third quarter, Spotify expects revenue of 5.0 billion euros, or about $5.813 billion, above the analyst consensus estimate of $5.770 billion.

The company expects Premium subscribers to reach 305 million, implying net additions of about 5 million. Monthly active users are projected to increase to 788 million, below analysts’ estimate of 793 million.

Spotify shares rose 1.7% to $486.05 in pre-market trading.

These analysts made changes to their price targets on Spotify following earnings announcement.

Rosenblatt analyst Barton Crockett maintained the stock with a Neutral and lowered the price target from $531 to $527. Cantor Fitzgerald analyst Deepak Mathivanan maintained the stock with a Neutral and raised the price target from $510 to $530. Considering buying SPOT stock? Here’s what analysts think:

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Global Payments (GPN - Free Report) came out with quarterly earnings of $3.46 per share, beating the Zacks Consensus Estimate of $3.45 per share. This compares to earnings of $3.1 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.29%. A quarter ago, it was expected that this electronics payment processing company would post earnings of $2.82 per share when it actually produced earnings of $2.96, delivering a surprise of +4.96%.

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

Global Payments, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $3.16 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.4%. This compares to year-ago revenues of $2.36 billion. The company has topped consensus revenue estimates two times over the last four quarters.

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

Global Payments shares have added about 14% since the beginning of the year versus the S&P 500's gain of 13%.

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

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.65 on $3.21 billion in revenues for the coming quarter and $13.81 on $12.42 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, Financial Transaction Services is currently in the bottom 37% 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, Klarna (KLAR - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 18.

This Swedish buy now, pay later company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of +50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Klarna's revenues are expected to be $987.94 million, up 20% from the year-ago quarter.

Western Digital Corporation (NASDAQ:WDC) will release its fourth quarter earnings report after the closing bell on Wednesday, Aug. 5.

Analysts expect the San Jose, California-based company to report quarterly earnings of $3.30 per share, up from $1.66 per share in the year-ago period. The consensus estimate for Western Digital’s quarterly revenue is $3.7 billion. It reported $2.6 billion last year, according to Benzinga Pro.

On April 30, Western Digital posted better-than-expected third-quarter earnings.

Western Digital shares rose 4.1% to close at $548.56 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Considering buying WDC stock? Here’s what analysts think:

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, /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN) (the "Company" or "NNN"), a real estate investment trust, today announced financial and operating results for the quarter and six months ended June 30, 2026. Highlights include:

Second Quarter 2026 Highlights:

Reported net earnings of $0.52 per diluted share Grew Core FFO and AFFO per diluted share by 6.0% and 5.9%, respectively, over prior-year results to $0.89 and $0.90, respectively Increased ABR by 7.3% over prior-year results to $959.1 million Increased portfolio occupancy to 99.1%, an increase of 50 and 110 basis points over the prior quarter and prior year periods, respectively, with a portfolio weighted average remaining lease term of 10.1 years Closed on $291.0 million of investments at an initial cash cap rate of 7.3%, with a weighted average lease term of 17.9 years and $436.4 million of investments at an initial cash cap rate of 7.4% in the six months ended June 30, 2026 Sold 26 properties for $36.7 million, including $9.0 million of income producing properties at a weighted average cap rate of 5.6% Entered into forward sale agreements for 5,999,528 common shares under the Company's at-the-market equity program ("ATM") at a weighted average price per share of $45.91 Issued 1,681,785 common shares, primarily under the ATM, raising net proceeds of $74.0 million Exercised the $200 million incremental term loan option under NNN's senior unsecured term loan facility, increasing the aggregate facility size to $500 million (the "Term Loan") Maintained balance sheet flexibility with a sector-leading weighted average debt maturity of 10.1 years, no encumbered assets, only 2.5% of floating rate exposure and $1.4 billion of total available liquidity Paid a $0.60 quarterly dividend, representing a 5.2% annualized dividend yield and a 67% AFFO payout ratio as of June 30, 2026 Additional Highlights:

Announced a 3.3% increase in the quarterly dividend for the third quarter 2026 to $0.62 per share, marking the Company's 37th consecutive annual dividend increase Increased 2026 Core FFO per share guidance to a new range of $3.50 - $3.54 Increased 2026 AFFO per share guidance to a new range of $3.55 - $3.59 Raised 2026 acquisition volume guidance to a new range of $700 - $800 million Published the Company's fourth annual Corporate Sustainability Report Steve Horn, Chief Executive Officer, commented: "NNN delivered a strong first half of the year, driven by resilient portfolio performance, disciplined execution across the organization, and a robust real estate investment pipeline built on longstanding, proven relationships. Given this momentum, we are raising our acquisition volume outlook and 2026 AFFO guidance."

FINANCIAL RESULTS

Quarter Ended
June 30,

Six Months Ended
June 30,

(dollars in thousands, except per diluted share data)

2026

2025

2026

2025

Revenues

$

244,266

$

226,802

$

484,690

$

457,656

Net earnings

$

97,924

$

100,529

$

191,875

$

196,987

Net earnings per share

$

0.52

$

0.54

$

1.01

$

1.05

FFO

$

167,819

$

157,175

$

330,969

$

315,909

FFO per share

$

0.89

$

0.84

$

1.75

$

1.69

Core FFO

$

168,187

$

157,366

$

331,771

$

318,273

Core FFO per share

$

0.89

$

0.84

$

1.75

$

1.70

AFFO

$

170,020

$

158,523

$

335,699

$

321,538

AFFO per share

$

0.90

$

0.85

$

1.77

$

1.72

PORTFOLIO SNAPSHOT

(dollars in thousands)

June 30,
 2026

March 31,
2026

June 30,
 2025

Number of properties

3,774

3,711

3,663

Total gross leasable area (square feet)

40,440,000

39,597,000

38,322,000

Occupancy rate

99.1

%

98.6

%

98.0

%

Weighted average remaining lease term (years)

10.1

10.1

9.8

ABR

$

959,145

$

934,612

$

893,782

PROPERTY ACQUISITIONS

(dollars in thousands)

Quarter Ended
June 30, 2026

Six Months Ended
June 30, 2026

Total dollars invested(1)

$

291,009

$

436,403

Number of properties

89

130

Gross leasable area (square feet)(2)

1,061,000

1,365,000

Weighted average cap rate(3)

7.3

%

7.4

%

Weighted average lease term (years)

17.9

18.2

(1)

Includes dollars invested in projects under construction or tenant improvements.

(2)

Includes additional square footage from completed construction on existing properties.

(3)

Calculated as the initial cash annual base rent divided by the total purchase price of the properties.

PROPERTY DISPOSITIONS

Quarter Ended June 30, 2026

Six Months Ended June 30, 2026

(dollars in thousands)

Occupied

Vacant

Total

Occupied

Vacant

Total

Number of properties

7

19

26

16

35

51

Gross leasable area (square feet)

25,000

170,000

195,000

115,000

326,000

441,000

Net sale proceeds

$

9,046

$

27,688

$

36,734

$

26,846

$

45,715

$

72,561

Weighted average cap rate(1)

5.6

%

—

5.6

%

6.6

%

—

6.6

%

(1)

Calculated as the cash annual base rent divided by the total gross proceeds received for the occupied properties.

CAPITAL MARKETS ACTIVITY

During the quarter ended June 30, 2026, NNN exercised the incremental term loan option and drew down the remaining $200 million on the Term Loan for a total outstanding balance of $500 million. Additionally, the Company amended the pricing grids on the Term Loan and its existing senior unsecured revolving credit facility, (the "Revolving Credit Facility"). Based on NNN's current credit ratings, the applicable SOFR-based margin was lowered to 0.800% from 0.850% for all outstanding Term Loan borrowings and 0.725% from 0.775% for all Revolving Credit Facility borrowings. The Company previously entered into forward starting swaps with a total notional value of $400 million that fix the Secured Overnight Financing Rate ("SOFR") at 3.30%.

During the quarter ended June 30, 2026, NNN entered into forward sale agreements for 5,999,528 common shares under the Company's ATM at a weighted average price per share of $45.91.

During the quarter ended June 30, 2026, NNN issued 1,681,785 common shares, primarily in settlement of forward sale agreements under the Company's ATM, raising $74.0 million in net proceeds.

As of June 30, 2026, NNN had 5,999,528 shares of common stock subject to outstanding forward sale agreements, which upon settlement, are anticipated to raise net proceeds of approximately $272.1 million. Net proceeds include the impact of forward price adjustments through June 30, 2026.

BALANCE SHEET AND LIQUIDITY

As of June 30, 2026, Gross Debt was $5.1 billion with a weighted average interest rate of 4.2% and a weighted average debt maturity of 10.1 years. The Company ended the quarter with $1.4 billion of total available liquidity, including $1.2 billion of unused line of credit capacity, $272.1 million of outstanding forward equity, and $4.2 million of cash. Net Debt to annualized EBITDAre and fixed charge coverage was 5.7x and 4.1x, respectively, as of June 30, 2026. Including the impact of unsettled forward equity, Pro Forma Net Debt to annualized EBITDAre was 5.4x as of June 30, 2026.

DIVIDEND

As previously announced on July 15, 2026, the Company's Board of Directors declared a quarterly dividend of $0.62 per share payable on August 14, 2026, to shareholders of record as of July 31, 2026. The new quarterly dividend represents an annualized dividend of $2.48 per share and an annualized dividend yield of 5.3% as of June 30, 2026. The 3.3% increase in the quarterly dividend marks the 37th consecutive annual dividend increase. NNN is one of only three publicly traded real estate investment trusts to have increased its annual dividend for 37 or more consecutive years.

2026 GUIDANCE

(dollars in millions, except per diluted share data)

Previous 2026
Guidance

Updated 2026
Guidance

Net earnings per share excluding any gains on disposition of real estate,
      impairment losses and retirement and severance costs

$2.02 - $2.08

$2.01 - $2.05

Real estate depreciation and amortization per share

$1.46

$1.49

Core FFO per share

$3.48 - $3.54

$3.50 - $3.54

AFFO per share

$3.53 - $3.59

$3.55 - $3.59

General and administrative expenses

$53 - $55

$53 - $55

Real estate expenses, net of tenant reimbursements

$14 - $15

$13.5 - $14.5

Acquisition volume

$550 - $650

$700 - $800

Disposition volume

$110 - $150

$120 - $160

Guidance is based on current plans and assumptions and is subject to risks and uncertainties more fully described in this press release and the Company's reports filed with the Securities and Exchange Commission (the "Commission").

CONFERENCE CALL INFORMATION

The Company will host a conference call on August 5, 2026 at 10:30 a.m. ET to discuss second quarter results. A live webcast of the conference call will be available on the Company's website at www.nnnreit.com or by using the following link. The conference call can also be accessed by dialing 888-506-0062 in the United States ("U.S.") or 973-528-0011 for international callers and entering the participant code 623622 or referencing NNN REIT, Inc.

A telephonic replay of the call will be available through Wednesday, August 19, 2026, by dialing 877-481-4010 in the U.S. or 919-882-2331 internationally and entering the code 54164.

ABOUT NNN REIT, INC.

NNN is a REIT that invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2026, the Company owned 3,774 properties across 50 states, the District of Columbia and Puerto Rico, encompassing approximately 40.4 million square feet of gross leasable area, with a weighted average remaining lease term of 10.1 years. For more information on the Company, visit www.nnnreit.com.

FORWARD-LOOKING STATEMENTS

Statements in this press release that are not strictly historical are "forward-looking" statements. These statements generally are characterized by the use of terms such as "believe," "expect," "intend," "may," "estimated" or other similar words or expressions. Forward-looking statements involve known and unknown risks, which may cause the Company's actual future results to differ materially from expected results. These risks include, among others, general economic conditions, including inflation, local real estate conditions, changes in interest rates, increases in operating costs, the preferences and financial condition of the Company's tenants, the availability of capital, risks related to the Company's status as a real estate investment trust ("REIT"), and the potential impacts of an epidemic or pandemic on the Company's business operations, financial results and financial position on the global economy. Additional information concerning these and other factors that could cause actual results to differ materially from these forward-looking statements is contained from time to time in the Company's Commission filings, including, but not limited to, the Company's (i) Annual Report on Form 10-K for the year ended December 31, 2025 and (ii) Quarterly Report on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026. Copies of each filing may be obtained from the Company or the Commission. Such forward-looking statements should be regarded solely as reflections of the Company's current operating plans and estimates. Actual operating results may differ materially from what is expressed or forecast in this press release. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

DEFINITIONS

Annualized Base Rent ("ABR") is a non-U.S. generally accepted accounting principles ("GAAP") metric which represents the monthly cash base rent for all leases in place as of the end of the period multiplied by 12. Accordingly, this methodology produces an annualized amount as of a point in time but does not take into consideration future (i) scheduled rent increases, (ii) leasing activity, or (iii) lease expirations.

Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate ("EBITDAre") as defined by the National Association of Real Estate Investment Trusts ("Nareit") is a metric established by Nareit and commonly used by real estate companies. The measure is a result of net earnings (computed in accordance with GAAP), plus interest expense, income tax expense, depreciation and amortization, excluding any gains (or including any losses) on disposition of real estate, any impairment charges, net of recoveries and after adjustments for income and losses attributable to noncontrolling interests. Management considers the non-GAAP measure of EBITDAre to be an appropriate measure of the Company's performance and should be considered in addition to, net earnings or loss, as a measure of the Company's operating performance.

Funds From Operations ("FFO") is a relative non-GAAP financial measure of operating performance of an equity REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP. FFO is defined by the Nareit and is used by the Company as follows: net earnings (computed in accordance with GAAP) plus depreciation and amortization of assets unique to the real estate industry, excluding gains (or including losses), any applicable taxes on the disposition of certain assets and any impairment charges on a depreciable real estate asset, net of recoveries.

FFO is generally considered by industry analysts to be the most appropriate measure of performance of real estate companies. FFO does not necessarily represent cash provided by operating activities in accordance with GAAP and should not be considered an alternative to net earnings as an indication of the Company's performance or to cash flow as a measure of liquidity or ability to make distributions. Management considers FFO an appropriate measure of performance of an equity REIT because it primarily excludes the assumption that the value of the real estate assets diminishes predictably over time, and because industry analysts have accepted it as a performance measure.

Core Funds From Operations ("Core FFO") is a non-GAAP measure of operating performance that adjusts FFO to eliminate the impact of certain GAAP income and expense amounts that the Company believes are infrequent and unusual in nature and/or not related to its core real estate operations. Exclusion of these items from similar FFO-type metrics is common within the REIT industry, and management believes that presentation of Core FFO provides investors with a potential metric to assist in their evaluation of the Company's operating performance across multiple periods and in comparison to the operating performance of its peers because it removes the effect of unusual items that are not expected to impact the Company's operating performance on an ongoing basis. Core FFO is used by management in evaluating the performance of the Company's core business operations and is a factor in determining management compensation. Items included in calculating FFO that may be excluded in calculating Core FFO may include items such as transaction related gains, income or expense, impairments on land, retirement and severance costs or other non-core amounts as they occur.

Adjusted Funds From Operations ("AFFO") is a non-GAAP financial measure of operating performance used by many companies in the REIT industry. AFFO adjusts FFO for certain non-cash items that reduce or increase net earnings in accordance with GAAP. AFFO should not be considered an alternative to net earnings, as an indication of the Company's performance or to cash flow as a measure of liquidity or ability to make distributions. Management considers AFFO a useful supplemental measure of the Company's performance.

Total Cash is comprised of cash and cash equivalents and restricted cash and cash held in escrow per GAAP as reported on the balance sheet summary.

Gross Assets represents total assets (reported in accordance with GAAP) adjusted to exclude accumulated amortization and depreciation and amortization of direct financing leases. The result provides an estimate of the investments made by the Company.

Total Debt is defined by the Company as total debt per GAAP as reported on the balance sheet summary including the line of credit payable, and term loan payable and notes payable, each net of unamortized discount and unamortized debt costs, as applicable.

Gross Debt is defined by the Company as Total Debt adjusted to exclude unamortized debt discounts and premiums and unamortized debt costs.

Net Debt is defined by the Company as Gross Debt less Total Cash.

Pro Forma Net Debt is defined by the Company as Net Debt less anticipated net proceeds from unsettled forward equity.

Management considers the non-GAAP measures of Gross Debt, Net Debt and Pro Forma Net Debt each to be a key supplemental measure of the Company's overall liquidity, capital structure and leverage.

The Company's computation of FFO, Core FFO, AFFO, EBITDAre, Total Cash, Gross Assets, Gross Debt and Net Debt may differ from the methodology for calculating these non-GAAP financial measures used by other REITs, and therefore, may not be comparable to such other REITs. Reconciliations of net earnings, Total Debt and total assets (all computed in accordance with GAAP) to FFO, Core FFO, AFFO, EBITDAre, Gross Assets, Gross Debt and Net Debt (each of which is a non-GAAP financial measure), as applicable, are included in the financial information accompanying this release.

NNN REIT, Inc.

Balance Sheet Summary

(dollars in thousands)

(unaudited)

June 30,
2026

December 31,
2025

Assets:

Real estate portfolio, net of accumulated depreciation and amortization

$

9,463,681

$

9,239,542

Cash and cash equivalents

4,223

5,046

Restricted cash and cash held in escrow

—

776

Receivables, net of allowance of $567 and $609, respectively

2,874

3,470

Accrued rental income, net of allowance of $3,528 and $3,393, respectively

36,672

34,914

Debt costs, net of accumulated amortization of $31,348 and $29,930, respectively

4,987

8,645

Other assets

94,086

86,962

Total assets

$

9,606,523

$

9,379,355

Liabilities:

Line of credit payable

$

28,500

$

348,100

Term loan payable, net of unamortized debt costs

496,835

—

Notes payable, net of unamortized discount and unamortized debt costs

4,475,938

4,472,324

Accrued interest payable

37,989

40,557

Other liabilities

106,525

110,072

Total liabilities

5,145,787

4,971,053

Total equity

4,460,736

4,408,302

Total liabilities and equity

$

9,606,523

$

9,379,355

Common shares outstanding

191,931,110

189,937,404

NNN REIT, Inc.

Income Statement Summary

(dollars in thousands, except per share data)

(unaudited)

Quarter Ended
June 30,

Six Months Ended
June 30,

2026

2025

2026

2025

Revenues:

Rental income

$

242,682

$

226,498

$

482,696

$

457,072

Interest and other income from real estate transactions

1,584

304

1,994

584

244,266

226,802

484,690

457,656

Operating expenses:

General and administrative

14,057

11,217

28,163

24,225

Real estate

8,266

8,838

18,065

18,213

Depreciation and amortization

71,025

68,349

141,822

132,966

Leasing transaction costs

212

74

356

204

Impairment losses – real estate, net of recoveries

8,067

4,535

18,747

6,047

Retirement and severance costs

368

191

802

2,364

101,995

93,204

207,955

184,019

Gain on disposition of real estate

9,105

16,198

21,290

20,011

Earnings from operations

151,376

149,796

298,025

293,648

Other expenses (revenues):

Interest and other income

(35)

(15)

(63)

(344)

Interest expense

53,487

49,282

106,213

97,005

53,452

49,267

106,150

96,661

Net earnings

$

97,924

$

100,529

$

191,875

$

196,987

Weighted average shares outstanding:

Basic

189,078,464

186,876,693

189,055,792

186,865,955

Diluted

189,620,010

187,070,288

189,635,670

187,088,160

Net earnings per share:

Basic

$

0.52

$

0.54

$

1.01

$

1.05

Diluted

$

0.52

$

0.54

$

1.01

$

1.05

NNN REIT, Inc.

Other Information

(dollars in thousands)

(unaudited)

Quarter Ended
June 30,

Six Months Ended
June 30,

2026

2025

2026

2025

Rental income from operating leases(1) (2)

$

237,240

$

221,714

$

470,811

$

445,770

Earned income from direct financing leases(1)

$

79

$

112

$

161

$

226

Percentage rent(1)

$

508

$

284

$

824

$

1,170

Real estate expenses reimbursed from tenants(1)

$

4,855

$

4,388

$

10,900

$

9,906

Real estate expenses

(8,266)

(8,838)

(18,065)

(18,213)

Real estate expenses, net of tenant reimbursements

$

(3,411)

$

(4,450)

$

(7,165)

$

(8,307)

Amortization of debt costs

$

1,776

$

1,478

$

3,528

$

2,944

Non-real estate depreciation expense

$

96

$

43

$

191

$

86

(1)

For the quarters ended June 30, 2026 and 2025, the aggregate of such amounts is $242,682 and $226,498, respectively, and $482,696 and $457,072 for the six months ended June 30, 2026 and 2025, respectively, and is classified as rental income on the income statement summary.

(2)

Includes lease termination fees of $1,633 and $2,248 for the quarters ended June 30, 2026 and 2025, respectively, and $2,372 and $10,452 for the six months ended June 30, 2026 and 2025, respectively.

NNN REIT, Inc.

Reconciliation of Non-GAAP Financial Measures

(dollars in thousands, except per share data)

(unaudited)

Quarter Ended
June 30,

Six Months Ended
June 30,

2026

2025

2026

2025

Net earnings

$

97,924

$

100,529

$

191,875

$

196,987

Real estate depreciation and amortization

70,933

68,309

141,637

132,886

Gain on disposition of real estate

(9,105)

(16,198)

(21,290)

(20,011)

Impairment losses – depreciable real estate, net of recoveries

8,067

4,535

18,747

6,047

FFO

167,819

157,175

330,969

315,909

Retirement and severance costs

368

191

802

2,364

Core FFO

168,187

157,366

331,771

318,273

Straight-line accrued rent, net of reserves

(838)

425

(2,129)

(84)

Net capital lease rent adjustment

46

62

92

122

Below-market rent amortization

(189)

(1,620)

(315)

(1,713)

Stock based compensation expense

3,368

2,832

7,414

6,403

Capitalized interest expense

(554)

(542)

(1,134)

(1,463)

AFFO

$

170,020

$

158,523

$

335,699

$

321,538

FFO per share:

Basic

$

0.89

$

0.84

$

1.75

$

1.69

Diluted

$

0.89

$

0.84

$

1.75

$

1.69

Core FFO per share:

Basic

$

0.89

$

0.84

$

1.75

$

1.70

Diluted

$

0.89

$

0.84

$

1.75

$

1.70

AFFO per share:

Basic

$

0.90

$

0.85

$

1.78

$

1.72

Diluted

$

0.90

$

0.85

$

1.77

$

1.72

Dividend per share

$

0.60

$

0.58

$

1.20

$

1.16

AFFO payout ratio(1)

67

%

68

%

68

%

67

%

(1)

Calculated as total dividends paid as a percentage of AFFO for each respective period.

NNN REIT, Inc.

Reconciliation of Non-GAAP Financial Measures (continued)

(dollars in thousands)

(unaudited)

Quarter Ended
June 30,

Six Months Ended
June 30,

2026

2025

2026

2025

Net earnings

$

97,924

$

100,529

$

191,875

$

196,987

Interest expense

53,487

49,282

106,213

97,005

Depreciation and amortization

71,025

68,349

141,822

132,966

Gain on disposition of real estate

(9,105)

(16,198)

(21,290)

(20,011)

Impairment losses – real estate, net of recoveries

8,067

4,535

18,747

6,047

EBITDAre

$

221,398

$

206,497

$

437,367

$

412,994

Interest expense

$

53,487

$

49,282

$

106,213

$

97,005

Add back: capitalized interest

554

542

1,134

1,463

Fixed charges

$

54,041

$

49,824

$

107,347

$

98,468

June 30,
2026

December 31,
2025

Total assets

$

9,606,523

$

9,379,355

Accumulated depreciation & amortization

2,352,708

2,259,469

Amortization of direct financing leases

2,546

2,546

Gross Assets

$

11,961,777

$

11,641,370

Debt outstanding:

Line of credit

$

28,500

$

348,100

Term loan, net of unamortized debt costs

496,835

—

Notes payable, net of unamortized discount and
     unamortized debt costs

4,475,938

4,472,324

Total Debt

5,001,273

4,820,424

Unamortized note discount

45,064

47,005

Unamortized debt costs

32,163

30,670

Gross Debt

5,078,500

4,898,099

Total Cash

(4,223)

(5,822)

Net Debt

5,074,277

4,892,277

Net proceeds from unsettled forward equity

(272,109)

—

Pro Forma Net Debt

$

4,802,168

$

4,892,277

NNN REIT, Inc.

Debt Summary

As of June 30, 2026

(dollars in thousands)

(unaudited)

Unsecured Debt

Principal

Principal,
Net of
Unamortized
Discount

Stated
Rate

Effective
Rate

Maturity Date

Line of credit payable

$

28,500

$

28,500

SOFR +
72.5 bps

4.345

%

April 2028

Term loan payable

500,000

500,000

SOFR +
80 bps

4.126

%

(1)

February 2029

Notes payable:

2026

350,000

349,790

3.600

%

3.733

%

December 2026

2027

400,000

399,758

3.500

%

3.548

%

October 2027

2028

400,000

399,238

4.300

%

4.388

%

October 2028

2030

400,000

399,478

2.500

%

2.536

%

April 2030

2031

500,000

496,559

4.600

%

4.766

%

February 2031

2033

500,000

491,002

5.600

%

5.905

%

October 2033

2034

500,000

494,852

5.500

%

5.662

%

June 2034

2048

300,000

296,350

4.800

%

4.890

%

October 2048

2050

300,000

294,776

3.100

%

3.205

%

April 2050

2051

450,000

442,503

3.500

%

3.602

%

April 2051

2052

450,000

440,630

3.000

%

3.118

%

April 2052

Total

4,550,000

4,504,936

Total unsecured debt(2)

$

5,078,500

$

5,033,436

Reconciliation of Debt

Term Loan
Payable

Notes
Payable

Principal, net of unamortized discount

$

500,000

$

4,504,936

Debt costs

(3,604)

(44,420)

Accumulated amortization

439

15,422

Debt costs, net of accumulated
     amortization

(3,165)

(28,998)

Principal, net of unamortized
     discount and unamortized debt costs

$

496,835

$

4,475,938

(1)

SOFR swapped to a weighted average fixed rate of 3.30% on $400,000.

(2)

Unsecured debt has a weighted average interest rate of 4.2% and a weighted average maturity of 10.1 years.

NNN REIT, Inc.

Debt Summary – Continued

As of June 30, 2026

(unaudited)

Credit Metrics

June 30,
2026

December 31,
2025

Gross Debt / Gross Assets

42.5 %

42.1 %

Net Debt / EBITDAre (last quarter annualized)

5.7x

5.6x

Pro Forma Net Debt / EBITDAre (last quarter annualized)

5.4x

5.6x

EBITDAre / fixed charges

4.1x

4.1x

Credit Facility, Term Loan and Notes Covenants

The following is a summary of key financial covenants for the Company's unsecured credit facility, term loan and notes, as defined and calculated per the terms of the agreements and indentures governing such debt, which are included in the Company's filings with the Commission. These calculations, which are not based on U.S. GAAP measurements, are presented to investors to show that as of June 30, 2026, the Company believes it is in compliance with the covenants.

Key Covenants

Required

June 30,
2026

Unsecured Bank Credit Facility and Term Loan:

Maximum leverage ratio

< 0.60x

0.38x

Minimum fixed charge coverage ratio

> 1.50x

4.08x

Maximum secured indebtedness ratio

< 0.40x

—

Unencumbered asset value ratio

> 1.67x

2.65x

Unencumbered interest ratio

> 1.75x

4.04x

Unsecured Notes:

Limitation on incurrence of total debt

≤ 60%

42 %

Limitation on incurrence of secured debt

≤ 40%

—

Debt service coverage ratio

≥ 1.5x

4.0x

Maintenance of total unencumbered assets

≥ 150%

239 %

NNN REIT, Inc.

Property Portfolio

As of June 30, 2026

Top 20 Lines of Trade

Lines of Trade

# of
Tenants

# of
Properties

% of
ABR

1.

Automotive service

48

761

18.6 %

2.

Convenience stores

32

682

15.9 %

3.

Restaurants – limited service

64

622

7.7 %

4.

Entertainment

7

96

7.3 %

5.

Dealerships

17

112

6.4 %

6.

Restaurants – full service

71

332

6.3 %

7.

Health and fitness

9

37

3.8 %

8.

Theaters

5

32

3.5 %

9.

Automotive parts

7

144

3.2 %

10.

Equipment rental

4

105

3.0 %

11.

Wholesale clubs

1

13

2.2 %

12.

Early childhood education

10

102

2.2 %

13.

Drug stores

3

59

1.9 %

14.

Home improvement

10

49

1.9 %

15.

Discount retail

7

112

1.9 %

16.

Medical service providers

28

84

1.7 %

17.

Pet supplies and services

12

62

1.7 %

18.

Furniture

14

43

1.2 %

19.

Travel plazas

4

24

1.1 %

20.

Automobile auctions, wholesale

2

18

1.1 %

Other

87

285

7.4 %

Total

3,774

100.0 %

NNN REIT, Inc.

Property Portfolio – Continued

As of June 30, 2026

Top 20 States

State

# of
Tenants

# of
Properties

% of
ABR

1.

Texas

97

596

17.9 %

2.

Florida

96

277

8.7 %

3.

Illinois

53

184

5.2 %

4.

Georgia

64

174

4.4 %

5.

Ohio

77

215

4.2 %

6.

Michigan

34

147

3.9 %

7.

North Carolina

49

164

3.8 %

8.

Tennessee

50

160

3.6 %

9.

Indiana

47

165

3.5 %

10.

Arizona

38

88

3.5 %

11.

Virginia

48

126

3.4 %

12.

California

27

75

2.8 %

13.

Alabama

38

155

2.8 %

14.

Missouri

34

107

2.3 %

15.

New Jersey

19

32

2.2 %

16.

Pennsylvania

39

80

2.1 %

17.

Maryland

21

53

2.0 %

18.

Colorado

30

49

2.0 %

19.

South Carolina

31

85

2.0 %

20.

Oklahoma

30

89

1.9 %

Other

167

753

17.8 %

Total

3,774

100.0 %

NNN REIT, Inc.

Property Portfolio – Continued

As of June 30, 2026

Top 20 Tenants

Tenant

Primary Line of Trade

# of
Properties

% of
ABR

1.

7-Eleven

Convenience stores

145

4.2 %

2.

Mister Car Wash

Automotive service

120

3.7 %

3.

Dave & Buster's

Entertainment

34

3.5 %

4.

Camping World

Dealerships

46

3.4 %

5.

Kent Distributors

Convenience stores

64

2.6 %

6.

Flynn Restaurant Group

Restaurants - limited service

203

2.4 %

7.

GPM Investments

Convenience stores

140

2.3 %

8.

AMC Theatres

Theaters

19

2.3 %

9.

BJ's Wholesale Club

Wholesale clubs

13

2.2 %

10.

LA Fitness

Health and fitness

24

2.1 %

11.

Mavis Tire Express Services

Automotive service

141

2.0 %

12.

Couche-Tard

Convenience stores

91

2.0 %

13.

Sunoco

Convenience stores

53

1.7 %

14.

Chuck E. Cheese

Entertainment

51

1.6 %

15.

Walgreens

Drug stores

48

1.6 %

16.

Casey's General Stores

Convenience stores

62

1.5 %

17.

United Rentals

Equipment rental

49

1.5 %

18.

Tidal Wave Auto Spa

Automotive service

35

1.4 %

19.

Super Star Car Wash

Automotive service

33

1.3 %

20.

BMW Kar Wash LLC

Automotive service

41

1.3 %

Other

2,362

55.4 %

Total

3,774

100.0 %

Lease Expirations(1)

# of
Properties

Gross
Leasable
Area(2)

% of
ABR

# of
Properties

Gross
Leasable
Area(2)

% of
ABR

2026

37

244,000

0.5 %

2032

199

2,046,000

5.0 %

2027

195

2,534,000

5.8 %

2033

133

1,395,000

4.2 %

2028

222

1,971,000

4.8 %

2034

194

2,838,000

5.7 %

2029

139

2,049,000

4.1 %

2035

136

1,805,000

4.1 %

2030

185

2,427,000

4.6 %

Thereafter

1,988

19,178,000

52.5 %

2031

309

3,593,000

8.7 %

(1)

As of June 30, 2026, the weighted average remaining lease term is 10.1 years.

(2)

Square feet.

SOURCE NNN REIT, Inc.

XPEL, Inc. (XPEL - Free Report) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +11.48%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.37, delivering a surprise of +12.12%.

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

XPEL, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $143.05 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.15%. This compares to year-ago revenues of $124.71 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.

XPEL shares have lost about 8% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for XPEL?While XPEL 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 XPEL 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 $0.59 on $141.49 million in revenues for the coming quarter and $1.92 on $522.45 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, Automotive - Original Equipment is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Westport Innovations (WPRT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 11.

This maker of natural-gas engine technology is expected to post quarterly loss of $0.45 per share in its upcoming report, which represents a year-over-year change of -55.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Westport Innovations' revenues are expected to be $1.88 million, down 97.9% from the year-ago quarter.

August 05, 2026 09:30 ET  | Source: Uniti Group Inc.

Rapid Q2 2026 expansion benefits communities and customers by enabling remote work, gaming, streaming, agriculture and telehealth141,000 total fiber locations added across Kinetic’s 18-state footprint in Q2
SUGAR LAND, Texas, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Kinetic today announced a major broadband expansion in Texas, delivering multi-gig fiber internet to an additional 13,000 homes across more than 100 communities in the second quarter of 2026. The expansion highlights Kinetic’s commitment to delivering better technology, at a better value for customers.

According to Ookla’s 2026 H1 Speedtest data, Kinetic delivers the “fastest upload speeds” in Andrews County, Bowie County, Dumas/Moore County, Kerrville/Kerr County, New Boston/Bowie County, Pecos, Reeves County, Wake Village/Bowie County, and Winkler County.*

In the second quarter of 2026, Kinetic added fiber locations in Sugar Land, Texarkana, Whitney, Cresson, Trinity, Crockett, Grapeland, Hooks, and more.

“Kinetic has excellent quality internet service and at a very good price,” said John Venable, a Kinetic customer in Lone Star, Texas.

To date, more than 238,000 homes and businesses across the Lone Star State have access to Kinetic’s high-speed, next-generation connectivity.

Research shows that fiber-connected communities experience 213% higher business growth, 10% higher self-employment and a 14-17% increase in home values. Fiber is also significantly more sustainable than copper cables and uses up to 95% less energy per gigabit. It requires less maintenance over time, which reduces environmental impacts and community disruptions.

“Fast, reliable fiber internet is more important than ever; it can change the way people live, work and learn in today’s digital world. Better connectivity can create new opportunities in communities of every size, and we’re committed to delivering it,” said Stacy Hale, Kinetic’s state operations president. “Our focus is on building strong, future-ready infrastructure that helps residents, businesses and families stay connected and succeed for years to come.”

Kinetic fiber customers can benefit from seamless 4K+ streaming across multiple devices with no data caps and no usage charges. Multi-gigabit connections support remote work, online learning and low-latency gaming and, through partnerships with YouTube TV, AT&T for wireless bundles, and eero, an Amazon company, households and businesses receive a unified high-performance connectivity experience.

More Texas residents and businesses now have access to:

Wi-Fi 7 – The newest, most advanced secure connection with equipment from manufacturers like eero, an Amazon company. Wi-Fi 7 delivers faster speeds and lower latency and supports up to 200+ connected devices at the same time, creating a better internet experience with wall-to-wall coverage and less tech stress.Whole-Home Wi-Fi Set-Up – Professional new fiber installs coupled with the Kinetic Promise™, which is a pledge that technicians will not leave the home until Wi-Fi works in every area and on every device where needed.YouTube TV Bundle – New bundle gives eligible Kinetic customers a $10 per month discount for up to 12 months** when they pair YouTube TV with their high-speed internet packages.
Kinetic, recently named CNET’s Best Rural Fiber Internet Provider in 2026, has approximately 11.7 million fiber strand miles and approximately 2.1 million homes passed to date across its 18-state footprint.

“As we invest in communities and grow our fiber-optic network, we’re reaching more areas faster with award-winning technology to help people stay connected to what matters most, build businesses, work online and access new opportunities,” said Hale.

Residents interested in Kinetic Fiber Internet can check service availability and construction updates at www.gokinetic.com or call 1- 877-90-FIBER (877-903-4237).  

About Kinetic: Named the Telecommunications Company of the Year in 2026 (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.    

Media Contact:
Megan Krtek
[email protected]

Kinetic Promise™ relies on reasonable effort to confirm Wi‑Fi works in living spaces where customer grants technician access. Wi‑Fi coverage & performance vary by layout, building materials, interference, & device capability. Not a guarantee of uniform coverage, speed, or error‑free service. Add. equipment or wiring may be required & incur charges; certain areas/devices (e.g., detached structures or outdoor spaces) may be excluded. Customer may cancel any time.

*Based on Ookla® Speedtest Intelligence® data, 1H 2026. All rights reserved. Technology agnostic.

**New and existing Kinetic users new to YouTube TV main plan. If eligible, user receives a free trial then, $10/mo off current price for 12 months. After 12 months, you will be charged the full subscription price, currently $82.99/mo but subject to change. Cancel anytime.

Posted by Defense World Staff on Aug 5th, 2026

First Trust Advisors LP cut its position in EPR Properties (NYSE:EPR – Free Report) by 28.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,451 shares of the real estate investment trust’s stock after selling 33,929 shares during the quarter. First Trust Advisors LP owned 0.11% of EPR Properties worth $4,369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EPR. Norges Bank purchased a new position in EPR Properties in the 4th quarter valued at about $82,823,000. Wasatch Advisors LP acquired a new position in shares of EPR Properties in the first quarter worth about $48,633,000. Northern Trust Corp boosted its holdings in EPR Properties by 84.8% in the third quarter. Northern Trust Corp now owns 1,564,309 shares of the real estate investment trust’s stock valued at $90,746,000 after purchasing an additional 717,734 shares during the last quarter. Freestone Grove Partners LP acquired a new stake in EPR Properties during the 4th quarter valued at approximately $30,055,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in EPR Properties during the 3rd quarter valued at approximately $27,895,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

EPR Properties Trading Up 0.1% NYSE:EPR opened at $61.25 on Wednesday. The company has a market cap of $4.69 billion, a PE ratio of 19.69, a P/E/G ratio of 2.46 and a beta of 1.02. The business’s 50 day moving average is $59.63 and its two-hundred day moving average is $57.10. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. EPR Properties has a 52 week low of $48.10 and a 52 week high of $64.97.

EPR Properties (NYSE:EPR – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The business had revenue of $196.08 million during the quarter, compared to the consensus estimate of $158.13 million. During the same period in the previous year, the business earned $1.26 EPS. The business’s quarterly revenue was up 30.4% on a year-over-year basis. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. On average, analysts predict that EPR Properties will post 5.34 EPS for the current year.

EPR Properties Dividend Announcement The firm also recently announced a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be issued a dividend of $0.31 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, July 31st. EPR Properties’s dividend payout ratio is 119.61%.

Wall Street Analyst Weigh In A number of equities analysts have issued reports on the company. Citizens Jmp reaffirmed a “market outperform” rating and issued a $70.00 target price on shares of EPR Properties in a research report on Thursday, July 2nd. Royal Bank Of Canada raised their price target on shares of EPR Properties from $59.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 26th. Morgan Stanley upgraded shares of EPR Properties from an “equal weight” rating to an “overweight” rating in a research note on Friday, June 12th. Citigroup reaffirmed a “market outperform” rating on shares of EPR Properties in a report on Thursday, July 2nd. Finally, UBS Group set a $70.00 price objective on shares of EPR Properties in a research note on Thursday, July 2nd. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EPR Properties presently has an average rating of “Moderate Buy” and a consensus price target of $64.06.

Get Our Latest Analysis on EPR Properties

Insiders Place Their Bets In related news, SVP Gwendolyn Mary Johnson sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $60.00, for a total transaction of $60,000.00. Following the completion of the sale, the senior vice president owned 13,213 shares of the company’s stock, valued at $792,780. This represents a 7.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Tonya L. Mater sold 6,692 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $61.79, for a total transaction of $413,498.68. Following the sale, the chief accounting officer owned 49,167 shares in the company, valued at approximately $3,038,028.93. This trade represents a 11.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 9,692 shares of company stock worth $589,719 over the last three months. 0.03% of the stock is owned by corporate insiders.

About EPR Properties (Free Report)

EPR Properties is a real estate investment trust that specializes in experiential properties across the United States, Canada and select international markets. Established in 1997 and headquartered in Kansas City, Missouri, the company targets properties in the entertainment, recreation and education sectors. Its portfolio includes movie theaters, ski resorts, family entertainment centers, charter schools and other venues that benefit from consumer-driven experiences.

The trust employs long-term, triple-net lease agreements, where tenants are responsible for real estate taxes, insurance and maintenance.

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LCI (LCII - Free Report) came out with quarterly earnings of $2.7 per share, beating the Zacks Consensus Estimate of $2.63 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +2.66%. A quarter ago, it was expected that this recreational vehicle parts supplier would post earnings of $2.22 per share when it actually produced earnings of $2.59, delivering a surprise of +16.67%.

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

LCI, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $968.68 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 14.21%. This compares to year-ago revenues of $1.11 billion. The company has topped consensus revenue estimates three times over the last four quarters.

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

LCI shares have lost about 11.8% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for LCI?While LCI 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 LCI 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 $2.30 on $1.06 billion in revenues for the coming quarter and $8.71 on $4.25 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, Automotive - Original Equipment is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Dauch (DCH - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 7.

This maker of auto parts is expected to post quarterly earnings of $0.14 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 17.9% higher over the last 30 days to the current level.

Dauch's revenues are expected to be $2.79 billion, up 81.4% from the year-ago quarter.

Insulet (PODD - Free Report) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +15.28%. A quarter ago, it was expected that this maker of insulin infusion systems would post earnings of $1.14 per share when it actually produced earnings of $1.42, delivering a surprise of +24.56%.

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

Insulet, which belongs to the Zacks Medical - Products industry, posted revenues of $801.7 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.89%. This compares to year-ago revenues of $649.1 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.

Insulet shares have lost about 41.3% since the beginning of the year versus the S&P 500's gain of 13%.

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

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.61 on $842.87 million in revenues for the coming quarter and $6.45 on $3.31 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, Medical - Products is currently in the bottom 37% 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.

Another stock from the same industry, Canopy Growth Corporation (CGC - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 7.

This company is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of +71.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Canopy Growth Corporation's revenues are expected to be $58.52 million, up 12.3% from the year-ago quarter.

New York Times Co. (NYT - Free Report) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +2.99%. A quarter ago, it was expected that this newspaper publisher would post earnings of $0.49 per share when it actually produced earnings of $0.61, delivering a surprise of +24.49%.

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

New York Times, which belongs to the Zacks Publishing - Newspapers industry, posted revenues of $762.46 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.94%. This compares to year-ago revenues of $685.87 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.

New York Times shares have added about 8.9% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for New York Times?While New York Times 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 New York Times 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 $0.69 on $765.69 million in revenues for the coming quarter and $2.93 on $3.09 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, Publishing - Newspapers is currently in the top 45% 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.

Another stock from the broader Zacks Consumer Staples sector, Celsius Holdings Inc. (CELH - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This company is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of -10.6%. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level.

Celsius Holdings Inc.'s revenues are expected to be $883.27 million, up 19.5% from the year-ago quarter.

Griffon (GFF - Free Report) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.5 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +13.53%. A quarter ago, it was expected that this garage door and building products maker would post earnings of $0.99 per share when it actually produced earnings of $1.05, delivering a surprise of +6.06%.

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

Griffon, which belongs to the Zacks Diversified Operations industry, posted revenues of $481.37 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 6.05%. This compares to year-ago revenues of $613.63 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.

Griffon shares have added about 27.1% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for Griffon?While Griffon 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 Griffon 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 $1.55 on $478.38 million in revenues for the coming quarter and $5.17 on $1.81 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, Diversified Operations is currently in the bottom 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, CompoSecure, Inc. (GPGI - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents a year-over-year change of -44%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

CompoSecure, Inc.'s revenues are expected to be $430.84 million, up 260.3% from the year-ago quarter.

Posted by Defense World Staff on Aug 5th, 2026

First Trust Advisors LP boosted its stake in Phillips Edison & Company, Inc. (NASDAQ:PECO – Free Report) by 210.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,885 shares of the company’s stock after acquiring an additional 81,293 shares during the quarter. First Trust Advisors LP owned about 0.10% of Phillips Edison & Company, Inc. worth $4,486,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Verition Fund Management LLC raised its position in shares of Phillips Edison & Company, Inc. by 2,343.2% in the 4th quarter. Verition Fund Management LLC now owns 513,076 shares of the company’s stock valued at $18,250,000 after purchasing an additional 492,076 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of Phillips Edison & Company, Inc. by 33.5% in the fourth quarter. Hsbc Holdings PLC now owns 248,985 shares of the company’s stock worth $8,856,000 after buying an additional 62,523 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Phillips Edison & Company, Inc. in the fourth quarter worth $27,133,000. Kennedy Capital Management LLC raised its holdings in Phillips Edison & Company, Inc. by 20.2% in the fourth quarter. Kennedy Capital Management LLC now owns 349,583 shares of the company’s stock valued at $12,435,000 after acquiring an additional 58,868 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in Phillips Edison & Company, Inc. by 4,823.2% in the first quarter. Fifth Third Bancorp now owns 34,216 shares of the company’s stock valued at $1,280,000 after acquiring an additional 33,521 shares in the last quarter. Institutional investors and hedge funds own 80.70% of the company’s stock.

Phillips Edison & Company, Inc. Price Performance PECO opened at $41.61 on Wednesday. The stock has a market cap of $5.36 billion, a P/E ratio of 36.18, a P/E/G ratio of 2.19 and a beta of 0.52. Phillips Edison & Company, Inc. has a 12 month low of $32.84 and a 12 month high of $44.38. The stock’s 50 day moving average price is $41.78 and its 200 day moving average price is $39.48.

Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.35). Phillips Edison & Company, Inc. had a net margin of 19.14% and a return on equity of 5.52%. The company had revenue of $189.62 million during the quarter, compared to the consensus estimate of $187.46 million. During the same quarter last year, the business earned $0.64 earnings per share. The company’s revenue was up 6.7% on a year-over-year basis. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.950-0.970 EPS. Equities analysts anticipate that Phillips Edison & Company, Inc. will post 2.76 EPS for the current year.

Phillips Edison & Company, Inc. Dividend Announcement The company also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Wednesday, July 15th were given a $0.1083 dividend. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Wednesday, July 15th. Phillips Edison & Company, Inc.’s dividend payout ratio is 113.04%.

Analyst Upgrades and Downgrades Several research analysts have weighed in on the stock. Wells Fargo & Company raised their price objective on shares of Phillips Edison & Company, Inc. from $42.00 to $47.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Barclays increased their price target on shares of Phillips Edison & Company, Inc. from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. UBS Group lifted their price target on Phillips Edison & Company, Inc. from $43.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. boosted their price objective on Phillips Edison & Company, Inc. from $41.00 to $46.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Evercore restated an “outperform” rating and set a $44.00 price objective on shares of Phillips Edison & Company, Inc. in a research note on Tuesday, July 7th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Phillips Edison & Company, Inc. has an average rating of “Hold” and an average price target of $44.67.

Read Our Latest Analysis on Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc. Company Profile (Free Report)

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.

Recommended Stories Five stocks we like better than Phillips Edison & Company, Inc. System Upgrade: First Internet Bancorp Options Surge AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push The AI Chip Blockade Is Creating a Shadow Market Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter Want to see what other hedge funds are holding PECO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Phillips Edison & Company, Inc. (NASDAQ:PECO – Free Report).

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Aug 5 (Reuters) - CDW (CDW.O), opens new tab reported second-quarter gross profit margin below Wall Street estimates ​on Wednesday, offsetting stronger-than-expected revenue ‌and sending the IT solutions provider's shares down 14% in premarket trading.

The Vernon ​Hills, Illinois-based company also said ​its CFO Albert Miralles will retire ⁠from the role next year.

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CDW ​reported net sales of $6.57 billion in ​the second quarter, beating estimates of $6.21 billion, according to data compiled by LSEG.

Adjusted profit ​of $2.91 per share also topped ​estimates of $2.80.

Enterprise technology spending has remained resilient ‌as ⁠companies invest in AI infrastructure, cloud computing and data center upgrades, benefiting firms such as CDW.

Gross profit ​margin for ​the ⁠quarter came in at 20.1%, below estimates of 21.2%, ​primarily due to a sales ​mix ⁠shift toward lower-margin hardware products.

Revenue from its commercial segment, which includes ⁠financial ​and healthcare services, grew ​9.2% in the quarter.

Reporting by Harshita Mary Varghese ​in Bengaluru; Editing by Vijay Kishore

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Hagerty, Inc. (HGTY - Free Report) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +75.00%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced a loss of $0.04, delivering a surprise of -500%.

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

Hagerty, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $354.82 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 10.53%. This compares to year-ago revenues of $368.7 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.

Hagerty shares have lost about 12.8% since the beginning of the year versus the S&P 500's gain of 13%.

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

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.01 on $339.8 million in revenues for the coming quarter and -$0.10 on $1.32 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the bottom 38% 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.

Another stock from the same industry, HCI Group (HCI - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This property and casualty insurance holding company is expected to post quarterly earnings of $4.97 per share in its upcoming report, which represents a year-over-year change of -4.1%. The consensus EPS estimate for the quarter has been revised 1.8% lower over the last 30 days to the current level.

HCI Group's revenues are expected to be $240.67 million, up 8.5% from the year-ago quarter.

Freshpet (FRPT - Free Report) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +65.00%. A quarter ago, it was expected that this seller of refrigerated fresh pet food would post earnings of $0.06 per share when it actually produced earnings of $0.04, delivering a surprise of -33.33%.

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

Freshpet, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $305.59 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.35%. This compares to year-ago revenues of $264.69 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.

Freshpet shares have added about 2.4% since the beginning of the year versus the S&P 500's gain of 13%.

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

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.38 on $307.62 million in revenues for the coming quarter and $1.73 on $1.21 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, Food - Miscellaneous is currently in the bottom 16% 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.

Another stock from the same industry, Burcon NutraScience Corp (BRCNF - Free Report) , has yet to report results for the quarter ended June 2026.

This company is expected to post quarterly loss of $0.05 per share in its upcoming report, which represents a year-over-year change of +75%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Burcon NutraScience Corp's revenues are expected to be $1.34 million, up 436% from the year-ago quarter.

Prepare for the Next Wave of Factory Automation With These 3 Standout NamesCarlyle Group NASDAQ: CG reported second-quarter results marked by record fee-related earnings, strong fundraising and higher realized performance revenue, as the alternative asset manager said it was entering a period in which nearly all of its core strategies will be seeking capital.

Distributable earnings totaled $472 million, or $1.07 per share, representing the company’s strongest pre-tax distributable-earnings quarter in nearly four years, Chief Executive Officer Harvey Schwartz said. Fee-related earnings reached a record $358 million, up 11% from a year earlier, while assets under management rose to a record $485 billion.

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The 2026 Cannabis Wildcard: How Tax Reform Could Reset Stock Valuations“Our momentum is a result of disciplined execution, focusing on investment performance, and delivering on our strategic plan,” Schwartz said.

Fundraising and asset growth Carlyle raised $16.8 billion during the quarter and $56 billion over the past 12 months, a 10% increase from the prior-year period. Organic inflows reached $30 billion in the first half of 2026, another company record, according to Schwartz.

Analysts Are Bullish on These 3 Laser Tech CompaniesThe quarter included $5 billion of commitments earmarked for Carlyle’s next U.S. buyout fund, which has begun marketing. Management said the firm expects virtually all its flagship strategies—including secondaries, portfolio finance and credit opportunities—to be in the market over the next 24 months.

Schwartz characterized the fundraising environment as a “super cycle” and said the company remains confident in its previously discussed $200 billion fundraising opportunity. He said Carlyle’s sector and geographic focus aligned with investor demand, particularly in areas including industrials, defense, infrastructure and healthcare.

Management also highlighted growth in its wealth business. Gross sales across Evergreen Wealth strategies exceeded $7 billion over the past year, lifting assets in those strategies to $20 billion, up more than 60% year over year. Chief Financial Officer Justin Plouffe said wealth-platform inflows were more than 60% higher year to date than in the prior year.

Segment results and realization activity Carlyle AlpInvest generated record distributable earnings of $96 million and fee-related earnings of $87 million, up 27% from the second quarter of 2025. The segment’s assets under management rose 16% year over year to $112 billion, supported by $4.5 billion of inflows into secondaries, portfolio-finance and evergreen strategies.

The firm’s second vintage single-asset secondary strategy closed at four times the size of its predecessor, Plouffe said. Schwartz said the business is benefiting from both cyclical demand for liquidity and a broader shift toward private-market portfolio and financing solutions.

Global Credit posted record distributable earnings of $158 million, more than 30% above the prior-year period. Fee-related earnings of $138 million were also a record, driven by $93 million of transaction fees and $54 million of fee-related performance revenue. The segment had $211 billion of assets under management and deployed $7 billion during the quarter, led by U.S. liquid credit, direct lending and opportunistic credit strategies.

Global Private Equity reported fee-related earnings of $134 million and distributable earnings of $219 million. The segment’s distributable earnings increased nearly 50% sequentially, reflecting higher net realized performance revenue. Realized proceeds were $3.9 billion in the quarter and more than $20 billion over the trailing 12 months.

Across the company, Carlyle returned nearly $7 billion to clients during the quarter and $37 billion over the past year. In U.S. buyout, the firm returned 23% of the strategy’s fair value to investors over the previous 12 months, which Schwartz said was more than twice the industry average cited by the company.

Plouffe said net accrued performance revenues stood at $2.4 billion, representing nearly $7 of pre-tax earnings per share in potential future shareholder earnings.

Capital markets, investments and strategic initiatives Fund management fees totaled $560 million, up 3% sequentially. Transaction fees reached a record $111 million, more than double the year-earlier level, while fee-related performance revenue rose to a record $89 million, more than twice the level reported in the second quarter of 2025.

Management attributed the transaction-fee increase to capital markets activity tied to investments and fundraising, including the Surventis coatings-business carve-out from BASF, MAI Capital, and Tsukiko, a Japanese construction company. Schwartz said U.S. capital markets fees exceeded $100 million during the quarter.

While management does not expect transaction-fee levels to be consistent every quarter, Schwartz said the capital-markets business has become embedded in the firm’s operations and should expand alongside investment activity and larger fund launches.

In Global Credit, Carlyle and Fortitude Re announced a second block reinsurance transaction with Unum. The deal is expected to close later this year and, upon closing, is expected to add more than $5 billion to Global Credit assets under management.

Carlyle also launched a dedicated defense and industrials platform and announced its first transaction: the acquisition of Secturion Systems, an NSA-certified hardware data-encryption provider. Schwartz said the initiative builds on Carlyle’s longstanding defense, aerospace and government-services investment practice, while providing a dedicated middle-market-focused investment capability.

Margins, capital returns and outlook Fee-related earnings margin was 47% in the quarter. Plouffe said Carlyle expects its compensation ratio to be roughly consistent with last year, at about 47%, as the company invests in personnel, technology, artificial intelligence and its wealth platform. He said margins could rise in 2027 and 2028 as fundraising activity begins to flow through financial results.

The company declared a quarterly dividend of $0.35 per common share. It also deployed a record $304 million to repurchase or withhold 6.7 million shares during the quarter, reducing its adjusted share count by more than 1% year to date. Carlyle had $1.6 billion remaining under its $2 billion repurchase authorization at quarter-end.

Schwartz said the company continues to favor a capital-light model, while remaining willing to deploy balance-sheet capital selectively when it believes the potential return is compelling. Plouffe said management entered the third quarter with momentum across all three operating segments and expects solid capital markets to support additional realizations and investments.

About Carlyle Group (NASDAQ:CG)The Carlyle Group NASDAQ: CG is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle's core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.

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

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Posted by Defense World Staff on Aug 5th, 2026

BDF Gestion acquired a new stake in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,694 shares of the semiconductor company’s stock, valued at approximately $4,377,000.

A number of other institutional investors also recently added to or reduced their stakes in MRVL. Laurel Wealth Advisors LLC acquired a new position in Marvell Technology during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC lifted its holdings in Marvell Technology by 978.3% in the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 225 shares during the period. Jessup Wealth Management Inc acquired a new stake in Marvell Technology in the fourth quarter valued at $25,000. Cherry Tree Wealth Management LLC purchased a new stake in shares of Marvell Technology during the 4th quarter worth $26,000. Finally, MidFirst Bank purchased a new stake in shares of Marvell Technology during the 4th quarter worth $28,000. Hedge funds and other institutional investors own 83.51% of the company’s stock.

Marvell Technology Price Performance Shares of NASDAQ MRVL opened at $218.59 on Wednesday. The stock has a market cap of $191.22 billion, a price-to-earnings ratio of 74.86, a PEG ratio of 1.21 and a beta of 2.24. Marvell Technology, Inc. has a 52 week low of $61.44 and a 52 week high of $329.88. The company’s 50-day moving average price is $243.15 and its 200 day moving average price is $158.70. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter in the previous year, the business posted $0.62 earnings per share. The firm’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, research analysts forecast that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Friday, July 10th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is 8.22%.

Analyst Ratings Changes MRVL has been the topic of a number of recent analyst reports. Morgan Stanley upped their price target on shares of Marvell Technology from $172.00 to $195.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Benchmark boosted their price objective on shares of Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Wells Fargo & Company upped their target price on shares of Marvell Technology from $195.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. TD Cowen increased their target price on shares of Marvell Technology from $180.00 to $200.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Finally, The Goldman Sachs Group set a $180.00 target price on shares of Marvell Technology in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $245.45.

View Our Latest Analysis on Marvell Technology

Insider Activity In related news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $177.26, for a total value of $1,329,450.00. Following the sale, the chief executive officer owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This represents a 1.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $180.50, for a total value of $1,805,000.00. Following the sale, the chief operating officer owned 227,941 shares in the company, valued at approximately $41,143,350.50. This trade represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 45,981 shares of company stock worth $10,012,942. 0.12% of the stock is owned by corporate insiders.

Trending Headlines about Marvell Technology Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Marvell unveiled enhancements to its AI memory infrastructure portfolio at FMS 2026, including server-level AI storage, rack-scale CXL memory expansion and pooling, and optical shared memory. The products are designed to help hyperscalers and cloud providers scale AI inference more efficiently, strengthening Marvell’s exposure to the AI data-center buildout. Marvell Advances AI Memory Infrastructure Portfolio Positive Sentiment: Reports that the U.S. may restrict imports of Chinese data-center components helped lift optical-networking stocks, including Marvell. Potential demand shifts toward U.S.-made infrastructure could benefit Marvell and related suppliers, although the policy remains only a reported plan. Marvell Surges as China Ban Report Reignites Optical-Networking Stocks Positive Sentiment: Marvell is benefiting from renewed investor enthusiasm for semiconductor companies tied to AI infrastructure. The company’s planned $250 million investment in India, including expanded research and development facilities and workforce, also supports its longer-term AI and cloud strategy. Marvell Is Putting $250 Million Into India Neutral Sentiment: Marvell will release fiscal second-quarter 2027 results on August 27 and hold an investor day on October 6. Investors are likely looking for evidence that AI-related demand can support the company’s guidance of $0.88 to $0.98 in quarterly EPS. Marvell Announces Earnings Call and Investor Day Negative Sentiment: Valuation remains a key risk. Analysts caution that MRVL’s premium price-to-sales multiple already reflects substantial AI-driven growth, while competition and possible margin pressure could limit further upside. One analysis estimated the shares could be about 38% above fair value as the AI narrative builds. Should Investors Hold or Fold MRVL Stock? Negative Sentiment: COO Chris Koopmans sold 10,000 shares worth approximately $1.8 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the sale reduces its significance, but it may still add modest pressure to sentiment. SEC Insider Trading Filing Marvell Technology Profile (Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.

Further Reading Five stocks we like better than Marvell Technology System Upgrade: First Internet Bancorp Options Surge AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push The AI Chip Blockade Is Creating a Shadow Market Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter Want to see what other hedge funds are holding MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL – Free Report).

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Industry-first 2200 V PowiGaN™ technology enables higher power density, greater efficiency and safer and simpler system architectures for AI data centers, EVs, photovoltaic and HVDC infrastructure

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced that PowiGaN™ gallium-nitride (GaN) technology is now rated at up to 2200 V, far exceeding the voltage capabilities of all other commercially available GaN technologies. This breakthrough positions PowiGaN as the leading technology solution for high-voltage data centers, EVs, renewable energy and HVDC infrastructure as they leverage higher-voltage bus architectures in search of greater power density.

“Our 2200 V PowiGaN technology provides substantial voltage margin for emerging high-voltage power systems while enabling the high switching frequencies required to maximize power density,” said Jennifer Lloyd, president and CEO at Power Integrations. “Emerging applications include next-generation AI data centers, where industry roadmaps point toward 1500 V distribution architectures, as well as future EV battery and auxiliary power systems operating at increasingly higher output voltages (48V). This milestone breakthrough extends the reach of GaN into voltage ranges traditionally served by SiC, enabling a compelling high-frequency alternative for applications such as solar, HVDC and advanced industrial power conversion.”

GaN power switches are steadily supplanting silicon transistors in a wide range of power conversion applications thanks to their higher efficiency and switching frequencies. However, GaN technology must keep pace with data center, EV, renewables and HVDC infrastructure roadmaps calling for higher voltages and greater power density. Alternatives include lower-frequency silicon carbide (SiC) or arrays of stacked, lower-voltage GaN devices that require compromises on power density, complexity and reliability.

PowiGaN ICs rated at 1700 V are already being designed into single-stage data center auxiliary power applications, while 1250 V PowiGaN offers a simpler alternative to stacked solutions in the main power path in 800 VDC data centers. The introduction of 2200 V PowiGaN technology means that even higher bus architectures can be supported, future-proofing power designs not only for data centers but also for EVs, photovoltaic inverters and battery-energy storage systems.

“The shift to 800 VDC bus architectures in AI data centers is reshaping power semiconductors," explains Roy Dagher, PhD, technology and market analyst, Compound Semiconductors at Yole Group. "GaN's voltage ceiling has kept it out of the main power path, ceding that ground to SiC. A 2200 V rating changes this, giving margin for single-stage topologies and future-proofing emerging 1500 V data center and EV designs. We expect the power GaN device market to reach $3.5 billion by 2031, and extending GaN into these higher-voltage applications is an important part of that growth.”(1)

Resources

For further information, please read our White Paper or visit our PowiGaN page.

About Power Integrations

Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission, conversion and consumption of power in applications ranging from milliwatts to megawatts in applications such as AI data centers, EVs and high-voltage direct current infrastructure. For more information, please visit www.power.com.

Forward-Looking Statements

Certain statements included in this press release that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance and are sometimes accompanied by words such as “believe,” “continue,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “predict,” “plan,” “may,” “should,” “will,” “would,” “potential,” “seem,” “seek,” “outlook,” and similar expressions that concern the Company’s expectations, strategy, priorities, plans, or intentions, predict or indicate future events or trends, or that are not statements of historical matters. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements about the introduction of 2200 V GaN technology, the uses of 2200 V GaN technology in emerging markets, such as AI data centers and EVs, and the benefits of higher voltage GaN technology, among others. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are very difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of the Company. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risk and uncertainties that could cause actual results to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risks that unbeknownst to the Company, a competitor has demonstrated 2200 V GaN technology or may do so sooner than anticipated; (ii) the risks that the 2200 V PowiGaN technology may not enable higher power density, greater efficiency, or simpler system architectures for AI data centers, EVs, photovoltaic, or HVDC infrastructure to the extent or in the time frame anticipated, or at all; (iii) the risks that the PowiGaN technology may not exceed the voltage capabilities of all other commercially available GaN technologies for the time frame anticipated, or at all; (iv) the risks that PowiGaN may not represent the leading technology solution to the extent anticipated, or at all; (v) the risks that high-voltage data centers, EVs, renewable energy, and HVDC infrastructure may not leverage higher-voltage bus architectures to the extent or in the time frame anticipated, or at all; (vi) the risks that industry roadmaps that point toward 1500 V distribution architectures and future EV battery and auxiliary power systems may not be realized in the time frame or to the extent anticipated, or at all; (vii) the risks that GaN power switches may not supplant silicon transistors to the extent or in the time frame anticipated, or at all; (viii) the risks that alternatives to this GaN technology, including silicon carbide (SiC) or lower-voltage GaN devices, may be sufficient to a greater degree that anticipated, or for a longer time frame than anticipated, for some or all of the data center, EV, renewables, and HVDC infrastructure uses; (ix) the risks that the introduction of 2200 V PowiGaN technology may not allow for even higher bus architectures for data centers, EVs, photovoltaic inverters, and battery-energy storage systems to the extent or in the time frame anticipated, or at all; (x) the risks that the shift to 800 V DC bus architectures in AI data centers may not occur to the extent or in the time frame anticipated, or at all; (xi) the risks that a 2200 V rating may not provide the margin for single-stage topologies or future-proofing emerging 1500 V data center and EV design to the extent or in the time frame anticipated, or at all; (xii) the risks that the power GaN device market may not reach $3.5 billion by 2031, or at all; (xiii) the Company’s ability to forecast its performance; (xiv) changes in trade policies, in particular the escalation and imposition of new and higher tariffs, which could reduce demand for end products that incorporate the Company’s integrated circuits and/or place pressure on the Company’s prices as the Company’s customers seek to offset the impact of increased tariffs on their own products; (xv) the Company’s ability to supply products and its ability to conduct other aspects of its business, such as competing for new design wins; (xvi) changes in global economic and geopolitical conditions, including such factors as inflation, armed conflicts, and trade negotiations, which may impact the level of demand for the Company’s products; (xvii) potential changes and shifts in customer demand away from end products that utilize the Company’s integrated circuits to end products that do not incorporate the Company’s products; (xviii) the effects of competition, which may cause the Company’s revenue to decrease or cause the Company to decrease its selling prices for its products; (xix) unforeseen costs and expenses; unfavorable fluctuations in component costs or operating expenses resulting from changes in commodity prices and/or exchange rates; and (xx) product development delays and defects and market acceptance of the new products. These risks and uncertainties may be amplified by current or future global conflicts and current and potential trade restrictions, trade tensions, and tariffs, all of which continue to cause economic uncertainty. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q that the Company filed with the U.S. Securities and Exchange Commission, or the SEC, and other documents filed by us or that will be filed by us from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements in this press release are based only on information currently available to the Company and speak only as of the date they are made.

Investors are cautioned not to put undue reliance on forward-looking statements, and the Company disclaims any obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. The Company gives no assurance that the Company will achieve any of its expectations.

Power Integrations, the Power Integrations logo and PowiGaN, are trademarks, service marks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owners.

(1) Source: Power GaN 2026 report, Yole Group

More News From Power Integrations, Inc.

Extreme Networks (EXTR - Free Report) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +10.35%. A quarter ago, it was expected that this maker of network infrastructure equipment would post earnings of $0.24 per share when it actually produced earnings of $0.26, delivering a surprise of +8.33%.

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

Extreme Networks, which belongs to the Zacks Computer - Networking industry, posted revenues of $338.55 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.48%. This compares to year-ago revenues of $307 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.

Extreme Networks shares have added about 94.2% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for Extreme Networks?While Extreme Networks 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 Extreme Networks 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 $0.29 on $329 million in revenues for the coming quarter and $1.33 on $1.4 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, Computer - Networking is currently in the bottom 14% 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.

Another stock from the same industry, Lantronix, Inc. (LTRX - Free Report) , has yet to report results for the quarter ended June 2026.

This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +300%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Lantronix, Inc.'s revenues are expected to be $31 million, up 7.5% from the year-ago quarter.

Key Takeaways CRDO sees AEC demand, silicon photonics and hyperscaler traction driving fiscal 2027 growth.LITE expects higher revenues, 1.6T transceiver ramp and internal CW laser integration to boost results.CRDO and LITE both have analyst price targets implying notable upside from recent closing prices. Optical and photonics products are in tremendous demand for serving global cloud and artificial intelligence (AI)/machine learning (ML) infrastructure. They are the latest bestsellers in the AI infrastructure space.

Large AI models require millions of graphical processing units (GPUs) working in tandem. As a result, the ecosystem witnesses massive growth in data throughput (as high as 400 Gbps and 800 Gbps). The traditional copper wiring is unable to carry these extremely high-speed data packets properly, as it generates excessive heat slowing down the entire AI compute cluster. 

The photonics technology solves this problem transmitting data at the speed of light through a fiber optic network. Photonics enables high-speed, low-latency, and energy-efficient data transfer without overheating.

Here, we recommend investors buy these two photonics developers with a favorable Zacks Rank that are flying high year to date. Industry-leading products of these companies and the unstoppable growth of AI-powered data centers make these stocks attractive investment opportunities for the long term.

The stocks are: Credo Technology Group Holding Ltd. (CRDO - Free Report) and Lumentum Holdings Inc. (LITE - Free Report) . Each of our picks carries a Zacks Rank # 2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The chart below shows the price performance of our two picks year to date.

Image Source: Zacks Investment Research

Credo Technology Group Holding Ltd.Credo Technology is a provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets.

CRDO’s outlook is supported by widening AEC adoption, rising hyperscaler and Neo cloud traction, and a larger optical portfolio that now includes silicon photonics PIC technology following the DustPhotonics acquisition. AECs remain the primary growth engine as they play an increasingly critical role in AI-driven networking deployments.

ZF Optics is moving from initial ramp to a broader fiscal 2027 revenue contributor. The acquisition of Dust Photonics strengthens CRDO’s high-speed optical connectivity portfolio with silicon photonics PIC technology. 

The deal adds advanced technology, including 800G and 1.6T solutions, and would aid in developing upcoming 3.2T solutions. CRDO projects more than $600 million in optical revenues, with ZeroFlap optics, silicon photonics PICs and optical DSPs each contributing more than $100 million in fiscal 2027.

Strong OutlookFor the first quarter of fiscal 2027, Credo expects revenues of $465-$475 million. Non-GAAP gross margin is projected between 67% and 69%, while non-GAAP operating expenses are expected in the range of $86-$90 million.

For fiscal 2027, management expects more than 80% year-over-year revenue growth. The company anticipates non-GAAP gross margin to remain broadly consistent with fiscal 2026 levels and non-GAAP operating expenses to rise approximately 50%, well below the expected revenue growth rate.

Four hyperscalers each contributed 10% or more of total revenues in the last reported quarter, with the top three customers representing 34%, 27% and 16% of revenues. Beyond the traditional hyperscalers, management is also seeing increasing demand from emerging Neocloud providers. Credo continues to expect that three to four customers will account for more than 10% of revenues in the upcoming quarters.

Solid Estimate RevisionsFor fiscal 2027 (ending April 2027), the Zacks Consensus Estimate currently shows revenues of $2.35 billion, suggesting an improvement of 75.8% year over year and earnings per share of $5.98, indicating an increase of 72.8% year over year. The Zacks Consensus Estimate for the current year has improved 7% in the last 60 days.

For fiscal 2028, the Zacks Consensus Estimate currently shows revenues of $3.46 billion, suggesting an improvement of 47.2% year over year and earnings per share of $8.58, indicating an increase of 43.6% year over year. The Zacks Consensus Estimate for the current year has improved 6.1% in the last 60 days.

Image Source: Zacks Investment Research

Impressive Price Upside PotentialThe short-term average price target of brokerage firms represents an increase of 19.8% from the last closing price of $237.92. The brokerage target price is currently in the range of $215-$350. This indicates a maximum upside of 47.1% and a downside of 9.6%.

Lumentum Holdings Inc.Lumentum Holdings designs and manufactures optical and photonic technologies for high-speed telecommunications, data centers, and advanced manufacturing. LITE provides components, such as transceivers and lasers for fiber-optic networks, supporting the rapid growth of AI, cloud computing, 5G connectivity, and beyond.

LITE’s technology leadership in high-speed optical components has positioned it as an essential supplier to hyperscale customers deploying next-generation network architectures. Moreover, LITE has a strong collaboration with NVIDIA Corp. (NVDA) for developing NVDA’s silicon photonics ecosystem, especially for deploying the latter’s Spectrum-X Photonics networking switches.

Strong OutlookFor the fourth quarter of fiscal 2026, Lumentum expects revenues between $960 million and $1.01 billion. The company guided non-GAAP operating margin to 35-36% and non-GAAP earnings to $2.85-$3.05 per share, based on an effective tax rate assumption of 16.5% and approximately 102 million diluted shares.

Management said a meaningful driver of sequential growth is expected to be transceivers, with 1.6T shipments poised to ramp in the fiscal fourth quarter. LITE also expects further progress on integrating internal CW lasers into its module portfolio, with management indicating that roughly 20% of modules in the near-term mix could include its own CW lasers, alongside ongoing yield improvements and efforts to reduce scrap.

Solid Estimate RevisionsFor fiscal 2027 (ending June 2027), the Zacks Consensus Estimate currently shows revenues of $5.64 billion, suggesting an improvement of 88.4% year over year and earnings per share of $18.16, indicating an increase of 121.8% year over year. The Zacks Consensus Estimate for the current year has improved 2% in the last 30 days.

Image Source: Zacks Investment Research

Huge Price Upside PotentialThe short-term average price target of brokerage firms represents an increase of 30.8% from the last closing price of $849.47. The brokerage target price is currently in the range of $800-$1,400. This indicates a maximum upside of 64.8% and a downside of 5.8%.

Kyndryl Holdings, Inc. (KD - Free Report) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -50.00%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.18, delivering a surprise of -58.14%.

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

Kyndryl Holdings, Inc., which belongs to the Zacks Technology Services industry, posted revenues of $3.62 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.26%. This compares to year-ago revenues of $3.74 billion. The company has not been able to beat consensus revenue estimates 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.

Kyndryl Holdings, Inc. shares have lost about 44.7% since the beginning of the year versus the S&P 500's gain of 13%.

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

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.47 on $3.64 billion in revenues for the coming quarter and $1.90 on $14.76 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, Technology Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Innventure, Inc. (INV - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.

This company is expected to post quarterly loss of $0.26 per share in its upcoming report, which represents a year-over-year change of +83.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Innventure, Inc.'s revenues are expected to be $1.97 million, up 310.4% from the year-ago quarter.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Vancouver, British Columbia-based Apollo Insurance Solutions Ltd. (Apollo). Terms of the transaction were not disclosed.

Apollo is a digital insurance broker and managing general agency (MGA) specializing in tenant insurance across Canada, supported by a proprietary platform that uses AI to help streamline the insurance placement process. Jeff McCann and his team will remain in their current location under the direction of Dave Partington, head of Gallagher's retail property/casualty brokerage operations in Canada, Latin America and the Caribbean.

"Apollo's digital platform and talented team will strengthen our capabilities in Canada and expand our ability to deliver innovative insurance solutions," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome Jeff and his associates to our growing, global team."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

SOURCE Arthur J. Gallagher & Co.

Cetera Investment Advisers lessened its position in shares of East West Bancorp, Inc. (NASDAQ:EWBC – Free Report) by 21.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,632 shares of the financial services provider’s stock after selling 10,796 shares during the quarter. Cetera Investment Advisers’ holdings in East West Bancorp were worth $4,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWBC. Northwestern Mutual Wealth Management Co. lifted its position in East West Bancorp by 84,090.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,311,566 shares of the financial services provider’s stock worth $596,967,000 after acquiring an additional 5,305,257 shares during the period. Norges Bank purchased a new position in East West Bancorp in the fourth quarter valued at $199,529,000. Price T Rowe Associates Inc. MD increased its stake in shares of East West Bancorp by 281.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,607,314 shares of the financial services provider’s stock valued at $180,647,000 after purchasing an additional 1,185,781 shares in the last quarter. Boston Partners raised its stake in shares of East West Bancorp by 19.6% during the 3rd quarter. Boston Partners now owns 3,874,737 shares of the financial services provider’s stock worth $412,464,000 after buying an additional 633,649 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in East West Bancorp by 61.9% during the second quarter. AQR Capital Management LLC now owns 1,418,174 shares of the financial services provider’s stock valued at $143,207,000 after purchasing an additional 542,149 shares in the last quarter. 89.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets A number of research firms have recently issued reports on EWBC. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $150.00 target price on shares of East West Bancorp in a report on Wednesday, July 22nd. Barclays upped their target price on shares of East West Bancorp from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday. DA Davidson lifted their price objective on East West Bancorp from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of East West Bancorp in a report on Friday, July 10th. Finally, Stephens upped their target price on shares of East West Bancorp from $129.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.62.

View Our Latest Stock Analysis on East West Bancorp

Insiders Place Their Bets In other East West Bancorp news, Vice Chairman Douglas Paul Krause sold 10,000 shares of East West Bancorp stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $123.50, for a total transaction of $1,235,000.00. Following the sale, the insider directly owned 46,974 shares in the company, valued at $5,801,289. The trade was a 17.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Irene H. Oh sold 11,211 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $129.00, for a total transaction of $1,446,219.00. Following the completion of the sale, the insider owned 85,998 shares in the company, valued at approximately $11,093,742. This trade represents a 11.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 22,511 shares of company stock worth $2,854,021. Insiders own 0.94% of the company’s stock.

East West Bancorp Price Performance Shares of NASDAQ:EWBC opened at $133.40 on Wednesday. The company has a 50-day moving average price of $129.37 and a 200 day moving average price of $120.29. East West Bancorp, Inc. has a 52 week low of $92.67 and a 52 week high of $136.24. The company has a market cap of $18.28 billion, a P/E ratio of 12.83, a PEG ratio of 1.53 and a beta of 0.94. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.33.

East West Bancorp (NASDAQ:EWBC – Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $0.02. The business had revenue of $791.14 million during the quarter, compared to the consensus estimate of $784.47 million. East West Bancorp had a return on equity of 16.07% and a net margin of 30.45%.The business’s revenue was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.24 EPS. Research analysts predict that East West Bancorp, Inc. will post 10.59 earnings per share for the current year.

East West Bancorp Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be issued a $0.80 dividend. The ex-dividend date is Monday, August 3rd. This represents a $3.20 annualized dividend and a yield of 2.4%. East West Bancorp’s dividend payout ratio (DPR) is presently 30.77%.

East West Bancorp Profile (Free Report)

East West Bancorp, Inc is a bank holding company and the parent of East West Bank, one of the largest independent banks headquartered in Southern California. As a full-service commercial bank, it provides a broad range of financial products and services to business and individual customers, including commercial and residential real estate lending, working capital lines of credit, trade finance, and deposit and treasury management services. The company caters to both large and middle-market businesses, leveraging its expertise to serve clients engaged in cross-border trade and investment between the United States and Greater China.

Founded in Los Angeles in the early 1970s, East West Bank has grown steadily through organic expansion and strategic branch openings.

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