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New York, New York--(Newsfile Corp. - June 4, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into PVH Corp. ("PVH Corp.") (NYSE: PVH) concerning potential violations of the federal securities laws. The headline numbers painted one picture.

PVH Corp. reported Q1 revenue of $2.025 billion and beat EPS estimates -- but simultaneously cut its full-year revenue outlook to flat, and PVH share lost more than 25% of their value overnight.

, /PRNewswire/ -- Shareholders of PVH Corp. (NYSE: PVH) saw 26.5% of their investment wiped out after the Calvin Klein and Tommy Hilfiger parent company reported Q1 2026 results on June 3, 2026 and announced it was slashing its full-year revenue guidance to flat growth. Those who lost money on PVH are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (888) SueWallSt.

The headline numbers painted one picture. PVH's Q1 revenue came in at $2.03 billion, up approximately 2% year-over-year. Adjusted non-GAAP EPS of $2.01 similarly beat company guidance. But the full-year outlook told a different story: management cut revenue guidance to flat, citing the impact of the war in Iran on its EMEA business. The stock plunged down 26.5%, opening on June 4, 2026 down $26 from the previous day's closing price of $98.00 -- its largest single-day decline in six months.

On June 4, Evercore ISI downgraded PVH from Outperform to In-Line and slashed its price target from $95 to $79, flagging the Q1 release as a "low-quality update" with risk of further negative estimate revisions in the second half of 2026.

Shareholders who purchased PVH stock and suffered a loss are encouraged to contact SueWallSt to discuss their legal rights. You may also reach Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

SueWallSt -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

Frequently Asked Questions About the PVH Investigation

Q: Who is eligible to participate in the PVH investigation?A: Investors who purchased PVH stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: How much did PVH stock drop?A: Shares opened more than 25% lower on June 4, 2026, after PVH cut its full-year revenue outlook on June 3, citing the impact of the war in Iran on its EMEA division. Investors who purchased shares before the outlook revision may be entitled to compensation.

Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether PVH made materially false or misleading statements regarding its revenue outlook and the risks posed by the Middle East conflict to its EMEA operations. When the revised guidance was disclosed, the stock price declined sharply.

Q: What do PVH investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at [email protected] or (888) SueWallSt. No immediate action is required to remain eligible to participate in the investigation.

Q: What happens after I contact SueWallSt?A: An attorney will review your trading history at no cost and provide an initial assessment of your potential recovery.

Q: What if I already sold my PVH shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PVH and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

CONTACT:
SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

SOURCE SueWallSt.com

LOS ANGELES--(BUSINESS WIRE)---- $PVH--PVH Investors Have Opportunity to Join PVH Corp. Fraud Investigation with the Schall Law Firm.

Key Takeaways RL is driving growth via DTC expansion, digital investments and international markets.PVH focuses on Calvin Klein, Tommy Hilfiger and PVH plan to boost efficiency and growth.Both companies maintain global reach, strong brands and extensive distribution networks for growth. The global apparel industry is navigating a complex environment marked by cautious consumer spending, evolving fashion trends and growing emphasis on brand equity. Ralph Lauren Corporation (RL - Free Report) and PVH Corp. (PVH - Free Report) emerge as two prominent players in the global fashion industry.

While RL is benefiting from its iconic brand portfolio, product innovations and disciplined execution of its Next Great Chapter strategy, PVH is a brand-focused fashion group with strengths in its flagship brands. Both companies command extensive global reach, powerful brand portfolios and well-established distribution networks while pursuing distinct yet overlapping strategies to drive long-term growth.

This face-off between Ralph Lauren and PVH Corp. examines how market share strength, competitive positioning and differences in business models shape long-term growth potential and defensive appeal.

The Case for RLRalph Lauren’s investment thesis is anchored in its strong brand equity, premium positioning and solid execution under its “Next Great Chapter” strategy. Its “Next Great Chapter: Drive Plan” remains the cornerstone of its growth strategy, focusing on consumer centricity and operational agility. Management continues to highlight the strength of its globally recognized lifestyle brand, spanning apparel and accessories, enabling the company to capture demand across multiple consumer segments and occasions.

The company is focused on driving full-price selling, supported by tighter inventory control and reduced promotional activity. It has been streamlining its assortment and sharpening its focus on core segments, while selectively expanding into high-growth categories such as womenswear, outerwear and handbags. This approach is helping reinforce its premium image and improve average unit retail.

Digital transformation and direct-to-consumer (DTC) expansion remain central to RL’s growth strategy. The company is accelerating its direct-to-consumer business, including both its physical stores and digital channels. This shift allows Ralph Lauren to have greater control over its brand presentation, customer experience and pricing. Investments in digital platforms, including newer channels like social commerce, are helping the company attract younger consumers and expand its global reach.

International markets, particularly Asia and Europe, remain key growth drivers for Ralph Lauren. By building strong consumer ecosystems in major markets, the company targets improved customer engagement and sustainable international growth. The company is leveraging localized assortments, marketing campaigns and strategic partnerships to strengthen its presence across these regions. Overall, Ralph Lauren is focused on elevating its brand, maintaining disciplined distribution and expanding its DTC business, supporting long-term growth while reinforcing its premium positioning.

The Case for PVHPVH Corp.’s strategy is built around its PVH+ plan, which focuses on brand strength, operational simplicity and higher-quality growth. The company is doubling down on its two global power brands, namely, Calvin Klein and Tommy Hilfiger, by elevating product quality, sharpening brand identity and driving consistent global messaging. It is seeing strength in Calvin Klein and Tommy Hilfiger brands, supported by product innovation, cultural campaigns and digital strength.

PVH has been strengthening its DTC and digital channels, both of which are central to its PVH+ Plan. The company has significantly enhanced its e-commerce capabilities and omnichannel execution, as it delivered continued growth in its owned and operated e-commerce business, particularly in the Americas and Asia Pacific, supported by strong consumer engagement and effective digital campaigns. Both Calvin Klein and Tommy Hilfiger are benefiting from a strategy that connects hero product innovation with high-impact global marketing and cultural partnerships. This approach is driving higher online traffic, stronger engagement and improved full-price sell-through across channels.

The company is also focused on simplifying its operating model. This includes streamlining its supply chain, reducing SKU complexity and exiting non-core businesses to improve efficiency and profitability. These efforts are designed to create a more agile organization with better cost control. PVH has made meaningful progress on its cost optimization and efficiency initiatives, with annualized cost savings through its Growth Driver 5 actions. The company also maintained a strong focus on inventory and supply-chain optimization.

International markets remain a major growth lever, particularly in Europe and the Asia Pacific, where PVH is expanding distribution, tailoring assortments and strengthening local relevance through targeted marketing. At its core, PVH’s strategy is a balanced mix of brand elevation, operational discipline and digital expansion. By focusing on core brands, stronger products and deeper consumer engagement, the company is positioning itself for profitable growth despite macro and tariff headwinds.

Price Performance & Valuation of RL & PVHIn the past year, Ralph Lauren has delivered superior returns, with shares skyrocketing 51.1% compared with PVH Corp.’s growth of 30.5%. Both companies have outpaced the Textile - Apparel industry’s 10.5% decline, demonstrating resilience in a challenging consumer backdrop, reflecting investor confidence in their defensive business strategies and global brand strength.

Image Source: Zacks Investment Research

From a valuation standpoint, RL currently trades at a forward price-to-earnings (P/E) multiple of 21.06X compared with PVH’s 6.51X. Here, PVH trades at a cheaper forward earnings multiple compared with Ralph Lauren.

Image Source: Zacks Investment Research

How Does the Zacks Consensus Estimate Compare for RL & PVH?Ralph Lauren’s fiscal 2027 revenues and earnings per share (EPS) are projected to increase 6.3% and 10.3% year over year to $8.62 billion and $18.29, respectively. RL’s fiscal 2028 revenues and EPS are likely to increase 5.9% and 10.7% year over year to $9.13 billion and $20.24, respectively. The company has a strong track record of sales and earnings surprises.

Image Source: Zacks Investment Research

PVH Corp.’s fiscal 2026 revenues and EPS are expected to rise 0.3% and 5.8% year over year to $8.98 billion and $12.06, respectively. PVH’s fiscal 2027 revenues and EPS are likely to jump 2.3% and 8% year over year to $9.18 billion and $13.02, respectively.

Image Source: Zacks Investment Research

RL vs. PVH: Who Takes The Lead?In this fashion giant face-off, Ralph Lauren moves ahead, supported by stronger brand elevation, improving margin profile and disciplined execution. The company’s focused premium strategy, reduced promotional intensity and steady progress in direct-to-consumer channels are driving better earnings visibility and reinforcing investor confidence. With continued momentum in international markets and full-price selling, Ralph Lauren appears well-positioned to sustain its growth trajectory.

That said, PVH Corp. remains a strong contender. Its globally recognized brands, including Calvin Klein and Tommy Hilfiger, provide a solid foundation, while its ongoing transformation under the PVH+ plan supports long-term margin expansion and operational efficiency. Although execution risks remain, particularly amid macro uncertainty, PVH’s streamlined model and focus on higher-quality growth offer meaningful upside potential.

For investors prioritizing brand strength, financial resilience, earnings visibility and higher returns, Ralph Lauren takes the lead, while PVH offers a transformation-driven opportunity with longer-term potential. Supporting this stance, Ralph Lauren has a Zacks Rank #2 (Buy), whereas PVH carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

ADW Capital Management LLC purchased a new stake in shares of NCR Voyix Corporation (NYSE: VYX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,250,000 shares of the company's stock, valued at approximately $28,238,000. NCR Voyix comprises about

NCR Voyix Corporation (NYSE: VYX - Get Free Report) shares hit a new 52-week low during trading on Thursday. The stock traded as low as $6.07 and last traded at $6.3350, with a volume of 2540183 shares trading hands. The stock had previously closed at $6.28. Wall Street Analyst Weigh In A number of brokerages

Seagate (STX) came out with quarterly earnings of $4.1 per share, beating the Zacks Consensus Estimate of $3.5 per share. This compares to earnings of $1.9 per share a year ago.

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Latest POS and payments solutions from NCR Voyix help drive operational efficiency and enhance the customer experience at the Southern California grocer

ATLANTA--(BUSINESS WIRE)--NCR Voyix (NYSE: VYX), a platform‑powered leader in unified commerce for shopping and dining, today announced a new agreement with Stater Bros. Markets (“Stater Bros.”), a leading supermarket chain in California. The agreement expands the long-standing relationship between the two companies and brings NCR Voyix’s next-generation POS and payments solutions to Stater Bros. on the Voyix Commerce Platform.

Stater Bros. Markets expands its longstanding relationship with NCR Voyix, adopting next‑generation POS and payments solutions on the Voyix Commerce Platform to modernize store operations.

Share Under the new agreement, Stater Bros. is adopting Voyix POS and payments solutions from NCR Voyix to strengthen store-level operations and support continued innovation across its business. An existing NCR Voyix customer for decades, Stater Bros. is signing on to the company’s newest commerce and payments solutions to improve reliability, increase operational efficiency and better support evolving customer expectations.

The agreement provides Stater Bros. with a modern commerce foundation on the Voyix Commerce Platform, supporting mission-critical store operations while enabling flexibility as business needs evolve. The companies expect work to begin in the third quarter of 2026, starting with initial lab efforts, followed by phased deployments beginning in 2027.

Stater Bros. has proudly served Southern California families for generations, and we remain committed to investing in technology that empowers our teams to deliver an exceptional customer experience every day,” said Gil Salazar, SVP and CIO of Stater Bros. Markets. “By expanding our relationship with NCR Voyix, we are embracing modern point-of-sale and payment solutions that enhance operational efficiency today while positioning our business for future adaptability. NCR Voyix’s deep industry expertise is reflected in its latest innovations, and we are excited to bring these advancements to our stores.”

NCR Voyix delivers unified commerce and payments solutions on the Voyix Commerce Platform, designed for mission-critical retail environments and built to help retailers operate reliably while introducing new solutions over time.

“Stater Bros. is a highly respected grocery retailer with a strong legacy and a clear focus on operational excellence,” said Darren Wilson, Executive Vice President and President, Retail and Payments at NCR Voyix. “We’re proud to sign this new agreement and support Stater Bros. as they move onto the Voyix Commerce Platform and adopt our newest POS and payments solutions to drive efficiency today and create a strong foundation for future innovation.”

About NCR Voyix

NCR Voyix Corporation (NYSE: VYX) is a global platform-powered leader in unified commerce for shopping and dining. Combining a flexible, intelligent platform with end-to-end payments capabilities and services developed through its deep industry experience, NCR Voyix empowers retailers and restaurants to accelerate new possibilities for their operations, experiences and business outcomes. NCR Voyix is headquartered in Atlanta, Georgia, and serves customers in more than 35 countries worldwide.

About Stater Bros. Markets

Communities throughout Southern California look to Stater Bros. Markets for Fresh. Affordable. Community First. grocery shopping every day. Stater Bros. nurtures families and their communities at nearly 170 stores and through the helping hands of 18,000 caring employees. While the Stater Bros. meat counter is legendary for its quality and variety, every store department is designed to surprise and delight today’s shoppers. The company lives out its values through the charitable efforts of its non-profit, Stater Bros. Charities. Learn more at staterbros.com.

More News From NCR Voyix Corporation

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ATLANTA--(BUSINESS WIRE)-- #HospitalityTechnology--NCR Voyix (NYSE: VYX) (the “Company”), a platform-powered leader in unified commerce for shopping and dining, today announced an expanded agreement with Pei Wei®, a leading fast-casual Asian dining brand. The renewal supports Pei Wei's existing restaurant technology strategy and its operational consistency across the brand's restaurant footprint. Under the agreement, NCR Voyix will make its next-generation point-of-sale (POS) solution for Restaurants, Aloha Next, avail.

NCR Voyix (VYX - Free Report) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this maker of ATMs and other hardware and software to handle payments would post earnings of $0.29 per share when it actually produced earnings of $0.31, delivering a surprise of +6.9%.

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

NCR Voyix, which belongs to the Zacks Computer - Integrated Systems industry, posted revenues of $606 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.45%. This compares to year-ago revenues of $617 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.

NCR Voyix shares have lost about 31.1% since the beginning of the year versus the S&P 500's gain of 7.6%.

What's Next for NCR Voyix?While NCR Voyix 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 NCR Voyix 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 $0.18 on $527.5 million in revenues for the coming quarter and $0.90 on $2.21 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, Computer - Integrated Systems is currently in the top 10% 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, Agilysys (AGYS - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 18.

This software provider for the lodging and leisure sectors is expected to post quarterly earnings of $0.51 per share in its upcoming report, which represents a year-over-year change of -5.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Agilysys' revenues are expected to be $81.65 million, up 9.9% from the year-ago quarter.

ATLANTA--(BUSINESS WIRE)--NCR Voyix Corporation (NYSE: VYX), a platform-powered leader in unified commerce for shopping and dining, today announced that James G. Kelly will present at the 21st Annual Needham Technology, Media, & Consumer Conference in New York, NY on Tuesday, May 12, 2026 at 11:00 a.m., Eastern Time.

A live webcast and subsequent replay of the presentation will be available on the NCR Voyix investor relations website at https://investor.ncrvoyix.com.

About NCR Voyix

NCR Voyix Corporation (NYSE: VYX) is a global platform-powered leader in unified commerce for shopping and dining. Combining a flexible, intelligent platform with end-to-end payments capabilities and services developed through its deep industry experience, NCR Voyix empowers retailers and restaurants to accelerate new possibilities for their operations, experiences and business outcomes. NCR Voyix is headquartered in Atlanta, Georgia, and serves customers in more than 35 countries worldwide. For more information, visit ncrvoyix.com.

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ATLANTA--(BUSINESS WIRE)--NCR Voyix Corporation (NYSE: VYX), a platform-powered leader in unified commerce for shopping and dining, today announced that Brian Webb-Walsh, Executive Vice President and Chief Financial Officer, will present at the 2026 RBC Capital Markets Global Financial Technology Conference in New York, NY on Tuesday, June 9, 2026 at 9:45 a.m., Eastern Time.

A live webcast and subsequent replay of the presentation will be available on the NCR Voyix investor relations website at https://investor.ncrvoyix.com.

About NCR Voyix

NCR Voyix Corporation (NYSE: VYX) is a global platform-powered leader in unified commerce for shopping and dining. Combining a flexible, intelligent platform with end-to-end payments capabilities and services developed through its deep industry experience, NCR Voyix empowers retailers and restaurants to accelerate new possibilities for their operations, experiences and business outcomes. NCR Voyix is headquartered in Atlanta, Georgia, and serves customers in more than 35 countries worldwide. For more information, visit ncrvoyix.com.

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Bridgefront Capital LLC purchased a new stake in RLI Corp. (NYSE: RLI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,746 shares of the insurance provider's stock, valued at approximately $701,000. Several other hedge funds and other

PEORIA, Ill.--(BUSINESS WIRE)-- #casualtyinsurance--RLI Corp. announces key Claim leadership promotions, naming Cory Figiel Chief Claim Officer and advancing Charles Spiekerman to Vice President, Claim.

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) reported first quarter 2026 net earnings of $54.9 million ($0.60 per share), compared to $63.2 million ($0.68 per share) for the first quarter of 2025. Operating earnings(1) for the first quarter of 2026 were $76.8 million ($0.83 per share), compared to $82.5 million ($0.89 per share) for the same period in 2025.

"We entered 2026 with positive underwriting results, delivering an 86 combined ratio across our diversified specialty portfolio.”

Share First Quarter

Earnings Per Diluted Share

2026

2025

Net earnings

$

0.60

$

0.68

Operating earnings (1)(2)

$

0.83

$

0.89

Highlights for the quarter included:

Underwriting income(1) of $57.8 million on a combined ratio(1) of 86.0. Net investment income increased 15%, while gross premiums written increased 3%. Favorable development in prior years’ loss reserves resulted in a $31.3 million net increase in underwriting income. Book value per share of $19.54, an increase of 2% (inclusive of dividends) from year-end 2025. "We entered 2026 with positive underwriting results, delivering an 86 combined ratio across our diversified specialty portfolio,” said RLI Corp. President & CEO Craig Kliethermes. “Our core performance remained solid to start the year. Gross premiums written grew 3%, led by our casualty segment, and net investment income increased 15%, contributing meaningfully to quarterly results and reflecting the continued strength of our investment portfolio.”

“In a dynamic market, we remain focused on disciplined underwriting, rate adequacy and strategically deploying capital to take advantage of opportunities and reward our shareholders.”

Underwriting Income

RLI achieved $57.8 million of underwriting income in the first quarter of 2026 on an 86.0 combined ratio, compared to $70.5 million on an 82.3 combined ratio in 2025.

Results for both years include favorable development in prior years’ loss reserves, which resulted in a $31.3 million and $27.4 million net increase to underwriting income in 2026 and 2025, respectively.

The following table highlights underwriting income and combined ratios by segment for the first quarter.

Underwriting Income(1)

Combined Ratio(1)

(in millions)

2026

2025

2026

2025

Casualty

$

7.3

$

2.1

Casualty

97.1

99.1

Property

48.2

56.9

Property

61.9

57.1

Surety

2.3

11.5

Surety

93.7

68.5

Total

$

57.8

$

70.5

Total

86.0

82.3

(1) See discussion below: Non-GAAP and Performance Measures.

Other Income

Net investment income for the quarter increased 15% to $42.3 million, compared to the same period in 2025. The investment portfolio’s total return was -0.4% for the quarter.

RLI’s comprehensive earnings were $29.5 million for the quarter ($0.32 per share), compared to $93.2 million ($1.01 per share) for the same quarter in 2025. In addition to net earnings, comprehensive earnings for 2026 included after-tax unrealized losses from the fixed income portfolio, due to rising interest rates.

Dividends Paid in First Quarter of 2026

On March 16, 2026, the company paid a regular quarterly dividend of $0.16 per share, the same amount as the prior quarter. RLI’s cumulative dividends total more than $1.1 billion paid over the last five years.

Non-GAAP and Performance Measures

Management has included certain non-generally accepted accounting principles (non-GAAP) financial measures in presenting the company’s results. Management believes that these non-GAAP measures further explain the company’s results of operations and allow for a more complete understanding of the underlying trends in the company’s business. These measures should not be viewed as a substitute for those determined in accordance with generally accepted accounting principles (GAAP). In addition, our definitions of these items may not be comparable to the definitions used by other companies.

Operating earnings and operating earnings per share (EPS) consist of our GAAP net earnings adjusted by net realized gains/(losses), net unrealized gains/(losses) on equity securities and taxes related thereto. Equity in earnings of unconsolidated investees and the related taxes were excluded from operating earnings and operating EPS beginning in the fourth quarter of 2025. The change was made to present a consistent approach in excluding all unrealized changes in equity investments. Operating earnings and operating EPS for prior periods have been recast to conform to the current definition. Net earnings and net earnings per share are the GAAP financial measures that are most directly comparable to operating earnings and operating EPS. A reconciliation of the operating earnings and operating EPS to the comparable GAAP financial measures is included in the 2026 financial highlights below.

Underwriting income or profit represents the pretax profitability of our insurance operations and is derived by subtracting loss and settlement expenses, policy acquisition costs and insurance operating expenses from net premium earned, which are all GAAP financial measures. The combined ratio, which is derived from components of underwriting income, is a performance measure commonly used by property and casualty insurance companies and is calculated as the sum of loss and settlement expenses, policy acquisition costs and insurance operating expenses, divided by net premiums earned, which are all GAAP measures.

Other News

During the first quarter, the company’s AM Best financial strength rating was upgraded to A++ (Superior) for the company’s insurance subsidiaries – RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. AM Best also upgraded the Long-Term Issuer Credit Ratings (ICR) for each RLI company to “aa+” (Superior) and upgraded the ICR of RLI’s publicly traded parent holding company, RLI Corp., to “a+” (Excellent).

At 12 p.m. central daylight time (CDT) on April 23, 2026, RLI management will hold a conference call to discuss quarterly results with insurance industry analysts. Interested parties may listen to the discussion at https://events.q4inc.com/attendee/570395995.

Except for historical information, this news release may include forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) including, without limitation, statements reflecting our current expectations about the future performance of our company or our business segments or about future market conditions. These statements are subject to certain risk factors that could cause actual results to differ materially. Various risk factors that could affect future results are listed in the company's filings with the Securities and Exchange Commission, including the Form 10-K Annual Report for the year ended December 31, 2025.

About RLI

RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries – RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s insurance subsidiaries are rated A++ (Superior) by AM Best Company. RLI has paid and increased regular dividends for 50 consecutive years and delivered underwriting profits for 30 consecutive years. To learn more about RLI, visit www.rlicorp.com.

Supplemental disclosure regarding the earnings impact of specific items:

Reserve Development(1) and Catastrophe Losses,

Net of Reinsurance

Three Months Ended

March 31,

(Dollars in millions, except per share amounts)

2026

2025

Favorable development in casualty prior years' reserves

$

14.5

$

5.1

Favorable development in property prior years' reserves

$

20.6

$

17.6

Favorable development in surety prior years' reserves

$

0.4

$

8.3

Net incurred losses related to:

2026 catastrophe events

$

(16.0)

$

—

2025 and prior catastrophe events

$

—

$

(12.0)

Operating Earnings Per Share

Three Months Ended

March 31,

2026

2025

Operating Earnings Per Share(2)(3)

$

0.83

$

0.89

Specific items included in operating earnings per share:(1)(4)

Net favorable development in casualty prior years' reserves

$

0.10

$

0.02

Net favorable development in property prior years' reserves

$

0.16

$

0.14

Net favorable development in surety prior years' reserves

$

—

$

0.07

Net incurred losses related to:

2026 catastrophe events

$

(0.12)

$

—

2025 and prior catastrophe events

$

—

$

(0.09)

RLI CORP

2026 FINANCIAL HIGHLIGHTS

(Unaudited)

(Dollars in thousands, except per share amounts)

  Three Months Ended March 31,

SUMMARIZED INCOME STATEMENT DATA:

2026

2025

% Change

Net premiums earned

$

411,386

$

398,345

3.3

%

Net investment income

42,321

36,726

15.2

%

Net realized gains

9,559

14,912

(35.9)

%

Net unrealized gains (losses) on equity securities

(39,396)

(42,318)

(6.9)

%

Consolidated revenue

$

423,870

$

407,665

4.0

%

Loss and settlement expenses

193,244

177,238

9.0

%

Policy acquisition costs

132,075

123,687

6.8

%

Insurance operating expenses

28,280

26,874

5.2

%

Interest expense on debt

2,353

1,335

76.3

%

General corporate expenses

2,724

2,948

(7.6)

%

Total expenses

$

358,676

$

332,082

8.0

%

Equity in earnings of unconsolidated investees

2,147

3,048

(29.6)

%

Earnings before income taxes

$

67,341

$

78,631

(14.4)

%

Income tax expense

12,456

15,417

(19.2)

%

Net earnings

$

54,885

$

63,214

(13.2)

%

Other comprehensive earnings (loss), net of tax

(25,366)

30,030

NM

Comprehensive earnings

$

29,519

$

93,244

(68.3)

%

Operating earnings(1):

Net earnings

$

54,885

$

63,214

(13.2)

%

Less:

Net realized gains

(9,559)

(14,912)

(35.9)

%

Income tax on realized gains

2,007

3,132

(35.9)

%

Net unrealized (gains) losses on equity securities

39,396

42,318

(6.9)

%

Income tax on unrealized gains (losses) on equity securities

(8,273)

(8,888)

(6.9)

%

Equity in earnings of unconsolidated investees

(2,147)

(3,048)

(29.6)

%

Income tax on equity in earnings of unconsolidated investees

451

641

(29.6)

%

Operating earnings(2)

$

76,760

$

82,457

(6.9)

%

Return on Equity:

Net earnings

22.5

%

17.6

%

Comprehensive earnings

24.2

%

19.8

%

Per Share Data:

Diluted:

Weighted average shares outstanding (in 000's)

92,187

92,528

Net earnings per share

$

0.60

$

0.68

(11.8)

%

Less:

Net realized gains

(0.10)

(0.16)

(37.5)

%

Income tax on realized gains

0.01

0.03

(66.7)

%

Net unrealized (gains) losses on equity securities

0.43

0.46

(6.5)

%

Income tax on unrealized gains (losses) on equity securities

(0.09)

(0.09)

(0.0)

%

Equity in earnings of unconsolidated investees

(0.02)

(0.03)

(33.3)

%

Income tax on equity in earnings of unconsolidated investees

—

—

—

%

Operating earnings per share(1)(2)

$

0.83

$

0.89

(6.7)

%

Comprehensive earnings per share

$

0.32

$

1.01

(68.3)

%

Cash dividends per share - ordinary

$

0.16

$

0.15

6.7

%

Net cash flow provided by operations

$

42,829

$

103,514

(58.6)

%

RLI CORP

2026 FINANCIAL HIGHLIGHTS

(Unaudited)

(Dollars in thousands, except per share amounts)

March 31,

December 31,

2026

2025

% Change

SUMMARIZED BALANCE SHEET DATA:

Fixed income, at fair value

$

3,528,692

$

3,533,336

(0.1)

%

(amortized cost - $3,669,921 at 3/31/26)

(amortized cost - $3,642,362 at 12/31/25)

Equity securities, at fair value

864,912

898,876

(3.8)

%

(cost - $539,859 at 3/31/26)

(cost - $534,311 at 12/31/25)

Short-term investments

386,219

120,562

NM

Other invested assets

60,509

59,281

2.1

%

Cash and cash equivalents

49,121

51,565

(4.7)

%

Total investments and cash

$

4,889,453

$

4,663,620

4.8

%

Accrued investment income

30,456

30,026

1.4

%

Premiums and reinsurance balances receivable

243,451

212,226

14.7

%

Ceded unearned premiums

118,476

124,669

(5.0)

%

Reinsurance balances recoverable on unpaid losses

740,503

746,798

(0.8)

%

Deferred policy acquisition costs

176,187

172,648

2.0

%

Property and equipment

39,809

40,733

(2.3)

%

Investment in unconsolidated investees

56,053

53,521

4.7

%

Goodwill and intangibles

53,562

53,562

0.0

%

Other assets

53,873

63,683

(15.4)

%

Total assets

$

6,401,823

$

6,161,486

3.9

%

Unpaid losses and settlement expenses

$

2,927,929

$

2,886,819

1.4

%

Unearned premiums

991,717

991,636

0.0

%

Reinsurance balances payable

23,455

40,580

(42.2)

%

Funds held

134,215

127,242

5.5

%

Income taxes - current

26,797

29,724

(9.8)

%

Income taxes - deferred

5,566

21,769

(74.4)

%

Short-term debt

50,000

100,000

(50.0)

%

Long-term debt

297,247

—

NM

Accrued expenses

68,016

128,597

(47.1)

%

Other liabilities

80,491

56,923

41.4

%

Total liabilities

$

4,605,433

$

4,383,290

5.1

%

Shareholders' equity

1,796,390

1,778,196

1.0

%

Total liabilities & shareholders' equity

$

6,401,823

$

6,161,486

3.9

%

OTHER DATA:

Common shares outstanding (in 000's)

91,934

91,879

Book value per share

$

19.54

$

19.35

1.0

%

Closing stock price per share

$

57.04

$

63.98

(10.8)

%

Statutory surplus

$

1,814,648

$

1,846,615

(1.7)

%

  NM = Not Meaningful

RLI CORP

2026 FINANCIAL HIGHLIGHTS

UNDERWRITING SEGMENT DATA

(Unaudited)

(Dollars in thousands, except per share amounts)

Three Months Ended March 31,

GAAP

GAAP

GAAP

GAAP

Casualty

Ratios

Property

Ratios

Surety

Ratios

Total

Ratios

2026

Gross premiums written

$

307,014

$

154,763

$

42,109

$

503,886

Net premiums written

260,372

118,393

38,895

417,660

Net premiums earned

248,566

126,378

36,442

411,386

Net loss & settlement expenses

152,832

61.5

%

33,854

26.8

%

6,558

18.0

%

193,244

47.0

%

Net operating expenses

88,441

35.6

%

44,339

35.1

%

27,575

75.7

%

160,355

39.0

%

Underwriting income (1)

$

7,293

97.1

%

$

48,185

61.9

%

$

2,309

93.7

%

$

57,787

86.0

%

2025

Gross premiums written

$

278,454

$

170,052

$

42,600

$

491,106

Net premiums written

235,607

121,736

39,748

397,091

Net premiums earned

229,048

132,544

36,753

398,345

Net loss & settlement expenses

145,835

63.7

%

32,725

24.7

%

(1,322)

(3.6)

%

177,238

44.5

%

Net operating expenses

81,142

35.4

%

42,904

32.4

%

26,515

72.1

%

150,561

37.8

%

Underwriting income (1)

$

2,071

99.1

%

$

56,915

57.1

%

$

11,560

68.5

%

$

70,546

82.3

%

  (1) See discussion above: Non-GAAP and Performance Measures.

Category: Earnings Release

More News From RLI Corp.

For the quarter ended March 2026, RLI Corp. (RLI - Free Report) reported revenue of $453.71 million, up 4.3% over the same period last year. EPS came in at $0.83, compared to $0.92 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $453.45 million, representing a surprise of +0.06%. The company delivered an EPS surprise of -1.78%, with the consensus EPS estimate being $0.85.

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

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

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

Net loss & settlement expenses - Total: 47% versus the three-analyst average estimate of 46.1%.Net operating expenses - Total: 39% compared to the 38.6% average estimate based on three analysts.Underwriting income (loss) - Total: 86% compared to the 84.6% average estimate based on three analysts.Underwriting income (loss) - Casualty: 97.1% versus 98.2% estimated by three analysts on average.Underwriting income (loss) - Property: 61.9% compared to the 59.8% average estimate based on three analysts.Underwriting income (loss) - Surety: 93.7% versus the three-analyst average estimate of 76.9%.Net loss & settlement expenses - Property: 26.8% versus the two-analyst average estimate of 28.5%.Net premiums earned: $411.39 million versus $406.88 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.3% change.Net investment income: $42.32 million compared to the $40.23 million average estimate based on three analysts. The reported number represents a change of +15.2% year over year.Net premiums earned- Surety: $36.44 million versus $36.3 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change.Net premiums earned- Property: $126.38 million versus the three-analyst average estimate of $123.06 million. The reported number represents a year-over-year change of -4.7%.Net premiums earned- Casualty: $248.57 million versus the three-analyst average estimate of $247.52 million. The reported number represents a year-over-year change of +8.5%.View all Key Company Metrics for RLI Corp. here>>>

Shares of RLI Corp. have returned +0.7% over the past month versus the Zacks S&P 500 composite's +8.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

RLI Corp. (RLI) Q1 2026 Earnings Call Transcript

PEORIA, Ill.--(BUSINESS WIRE)--RLI Corp. (NYSE: RLI) – RLI Corp. today announced that its Board of Directors declared a special cash dividend of $2.00 per share of common stock, which is expected to total approximately $184 million, and a regular quarterly cash dividend of $0.18 per share, a 12.5% increase over the prior quarter. The Board also authorized a new share repurchase program of up to $250 million of the company’s outstanding common stock. The company’s stock price was one of the factors in the Board’s decision to authorize the repurchase program.

“This share repurchase program, special dividend and 51st consecutive annual increase in our regular dividend reflect the strength of our business and our confidence in RLI’s long-term strategy,” said RLI Corp. President & CEO Craig W. Kliethermes.

Share “This share repurchase program, special dividend and 51st consecutive annual increase in our regular dividend reflect the strength of our business and our confidence in RLI’s long-term strategy,” said RLI Corp. President & CEO Craig W. Kliethermes. “These actions underscore our disciplined approach to capital management while maintaining the flexibility to invest in growth opportunities.”

Both dividends are payable on June 12, 2026, to shareholders of record as of May 29, 2026. RLI has increased its regular dividend in each of the past 51 years.

Repurchases under the program may be made from time to time in the open market, through privately negotiated transactions or by other means in accordance with applicable securities laws. There is no expiration date for the repurchase program. The timing, volume, and method of repurchases will depend on a variety of factors, including market conditions, share price and capital needs. The program does not obligate the company to acquire any specific number of shares and may be suspended or discontinued at any time. The company expects to fund repurchases through available cash and operating cash flow.

Except for historical information, this news release may include forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) including, without limitation, statements reflecting our current expectations about the future performance of our company or our business segments or about future market conditions. These statements are subject to certain risk factors that could cause actual results to differ materially. Various risk factors that could affect future results are listed in the company's filings with the Securities and Exchange Commission, including the Form 10-K Annual Report for the year ended December 31, 2025.

ABOUT RLI

RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A++ “Superior” by AM Best Company. RLI has paid and increased regular dividends for 51 consecutive years and delivered underwriting profits for 30 consecutive years. To learn more about RLI, visit www.rlicorp.com.

More News From RLI Corp.

RLI Corp., a dividend aristocrat, has experienced an -18% YTD stock decline, raising questions about its valuation premium. RLI maintains more than 50 years of gradual dividend increases, supplemented by regular special dividends, supporting a strong shareholder return profile. Underwriting performance remains strong, with a combined ratio below 90%, reflecting resilience in niche P&C markets.

A month has gone by since the last earnings report for RLI Corp. (RLI - Free Report) . Shares have lost about 3.5% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is RLI Corp. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

RLI Q1 Earnings Miss Estimates, Investment Income Increases Y/Y

RLI Corp. reported first-quarter 2026 operating earnings of 83 cents per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 13.2% from the prior-year quarter. The quarterly results reflect underwriting strain from catastrophe losses, though investment income and casualty growth offer resilience.

Operational PerformanceOperating revenues for the reported quarter were $454 million, up 4.4% year over year, driven by higher net premiums earned and net investment income. The top line beat the Zacks Consensus Estimate by 1%.
Gross premiums written (GPW) increased 3% year over year to $503.9 million, driven by strong growth in the casualty segment (up 10%). Our estimate was $523.9 million.

Net investment income increased 15.2% year over year to $42.3 million. The Zacks Consensus Estimate was $40.2 million, while our estimate for the metric was pegged at $38.3 million. The investment portfolio’s total return was -0.4% in the quarter.
Total expenses increased 8% year over year to $385.7 million, primarily due to higher loss and settlement expenses and interest expense on debt. Our estimate was $349.4 million.

Underwriting income fell 18% year over year to $57.8 million. Our estimate was $71.4 million. The combined ratio deteriorated 370 basis points (bps) year over year to 86, reflecting higher catastrophe losses. Our estimate was 82.

Segmental ResultsCasualty lines’ GPW rose 10.3% year over year to $307.0 million. The figure was below our estimate of $300.9 million. The underwriting income increased significantly to $7.3 million from $2.1 million, up 249% year over year, supported by strong premium growth. The combined ratio improved 200 bps year over year to 97.1%. The figure was below our estimate of 99%.

Property lines’ GPW fell 9.0% year over year to $154.8 million. The figure was below our estimate of $180.1 million. The underwriting income declined to $48.2 million, down 15.3% primarily due to catastrophe losses and lower premium volumes. The combined ratio deteriorated 480 bps year over year to 61.9%. Our estimate was 55%.

Surety lines’ GPW remained largely flat at $42.1 million. The figure was on par with our estimate. The underwriting income dropped sharply to $2.3 million from $11.6 million, reflecting weaker reserve development and higher expenses. The combined ratio worsened significantly to 93.7% from 68.5%, up 2,520 bps year over year. Our estimate was 74.7%.

Financial UpdateRLI exited the quarter with total investments and cash of $4.9 billion, up 4.8% from 2025-end. Book value was $19.54 per share as of March. 31, 2026, up 1% from the figure as of Dec. 31, 2025. Net cash flow from operations was $42.8 million, down 58.6% year over year. The statutory surplus decreased 1.7% from 2025-end to $1.8 billion as of March. 31, 2025. Return on equity was 22.5%, expanding 490 bps from the year-ago period.

Dividend UpdateOn March 16, 2026, the insurer paid a regular quarterly dividend of 16 per cent per share for the first quarter. RLI’s cumulative dividends totaled more than $1.1 billion, paid over the last five years.

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

VGM ScoresCurrently, RLI Corp. has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. Following the exact same course, the stock has a score of B on the value side, putting it in the second quintile for this investment strategy.

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

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise RLI Corp. has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

Okta Inc (NASDAQ:OKTA) shares jumped 24% on Friday after the identity security company reported first-quarter results that topped Wall Street estimates and raised its full-year outlook, with analysts pointing to accelerating demand and an emerging artificial intelligence tailwind.

The San Francisco-based company posted revenue of $765 million for its fiscal first quarter of 2027, up 11% year-over-year and ahead of analyst estimates of $752 million.

Adjusted earnings per share came in at $0.91, beating the consensus estimate of $0.85. Subscription revenue rose 11% to $750 million, while free cash flow reached $271 million, representing a 35% margin.

Current remaining performance obligations, a closely watched indicator of near-term demand, grew 12% year-over-year to $2.5 billion, beating the midpoint of guidance by roughly two percentage points. Net revenue retention accelerated to 107% from 106% in the prior quarter.

Okta raised its full-year fiscal 2027 revenue guidance to a midpoint of $3.195 billion, up approximately $15 million from prior guidance and modestly above the consensus estimate of $3.186 billion. The company projected full-year adjusted EPS of $3.79 to $3.87 and a non-GAAP free cash flow margin of 27% to 28%.

For the second quarter, Okta guided revenue of $790 million to $794 million and adjusted EPS of $0.95 to $0.97.

Jefferies analysts called the second-quarter cRPO guidance a bullish signal and describing the valuation as attractive at 4.8 times estimated calendar 2027 revenue. The bank cited broad-based strength in new products, which represented approximately 25% of first-quarter bookings, along with improved channel partner contributions following Okta's strategic decision to reduce its emphasis on professional services.

Jefferies noted that if Okta follows its historical pattern of beating guidance, second-quarter cRPO growth could reach around 13% year-over-year, marking a second consecutive quarter of acceleration. The bank added that the uptick does not appear to be driven by agentic security products, characterizing that category as a more likely tailwind in fiscal 2028.

Key Takeaways Okta beat Q1 estimates with EPS up 5.8% and revenue rising 11.2% year over year. OKTA ended Q1 with RPO of $4.719B, up 16%, reflecting strong subscription backlog. Okta raised FY27 revenue guidance to $3.185B-$3.205B, signaling steady growth ahead. Okta (OKTA - Free Report) posted first-quarter fiscal 2027 earnings of 91 cents per share, up 5.8% year over year, and surpassed the Zacks Consensus Estimate by 6.75%.

Revenues rose 11.2% from the year-ago quarter to $765 million, beating the Zacks Consensus Estimate by 1.82%. The uptick can be attributed to steady subscription momentum, which increased 11% year over year to $750 million, continuing to account for the vast majority of the top line. Professional services and other revenues were $15 million, unchanged from the year-ago quarter, underscoring how product-led growth is driving the quarter’s revenue cadence.

Location-wise, revenues from the United States contributed 83% to total revenues in the fiscal first quarter. The figure increased 11.15% year over year to $608 million. International revenues contributed 21.6% to total revenues. The figure increased 11.35% year over year to $157 million.

Okta stock gained 8.19% in the pre-market trading.

Okta’s Q1 Top-Line DetailsOkta ended the quarter with remaining performance obligations (RPO) of $4.719 billion, up 16% year over year, highlighting continued strength in contracted subscription backlog. Current RPO, which captures the portion expected to be recognized over the next 12 months, rose 12% year over year to $2.499 billion.

Customers with more than $100K in Annual Contract Value increased 6% year over year to 5,180. The dollar-based retention rate for the trailing 12 months was 107%, down 1% year over year.

Okta’s Q1 Operating DetailsFirst-quarter fiscal 2026 non-GAAP gross margin decreased 30 basis points (bps) on a year-over-year basis to 82%.

As a percentage of revenues, research and development expenses increased 40 bps year over year to 15.9%. General and administrative expenses decreased 170 bps year over year to 9%. Sales and marketing expenses increased 290 bps year over year to 31.6%.

Non-GAAP operating margin contracted 180 bps year over year to 25% in the reported quarter.

Okta’s Balance SheetOkta had $2.589 billion in cash, cash equivalents and short-term investments as of April 30, 2026.

Net cash provided by operating activities was $277 million, or 36% of revenue, while free cash flow was $271 million, or 35% of revenue.

In the first quarter of fiscal 2027, the company also returned capital to shareholders during the quarter, including $248 million of common stock repurchases.

OKTA’s Outlook Calls for Steady Expansion in Fiscal 2027For the second quarter of fiscal 2027, Okta expects revenues in the range of $790-$794 million, implying 9% year-over-year growth. The company expects non-GAAP diluted net income per share between 95 cents and 97 cents, free cash flow of $155-$165 million and a free cash flow margin of 20%-21%.

For the full year, management raised the framework around steady top-line expansion, guiding revenues in the range of $3.185-$3.205 billion, or 9%-10% growth year over year. Okta also expects non-GAAP diluted net income per share of $3.79-$3.87 and free cash flow of $855-$885 million, while noting an approximately one-percentage-point headwind to total revenue growth tied to accelerating the shift of professional services work to partners.

OKTA’s Zacks Rank & Stocks to ConsiderOkta currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader Zacks Computer and Technology sector are Applied Materials (AMAT - Free Report) , Celestica (CLS - Free Report) and Amphenol (APH - Free Report) . Each stock presently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of Applied Materials have surged 75% year to date. The Zacks Consensus Estimate for Applied Materials’ fiscal 2026 earnings is pegged at $12.02 per share, up 9 cents over the past seven days. This indicates a 27.6% year-over-year surge.

Shares of Celestica have gained 19.7% year to date. The Zacks Consensus Estimate for Celestica’s 2026 earnings is pegged at $10.16 per share, up 13.6% over the past 30 days. This indicates a year-over-year jump of 67.93%.

Amphenol shares have risen 9.6% year to date. The Zacks Consensus Estimate for APH’s 2026 earnings is pegged at $4.76 per share, up 10.9% over the past 30 days. This indicates a year-over-year increase of 42.51%.

Okta, Inc. (OKTA) Q1 2027 Earnings Call Transcript

Okta (OKTA) has reached a new 52-week high following its impressive Q1 (April) earnings report. The identity security firm surpassed earnings per share (EPS)

Shares of Okta (OKTA +0.20%) rocketed higher on Friday after the identity management leader highlighted its massive artificial intelligence (AI)-driven expansion opportunity.

Image source: Getty Images.

This cyber sentinel is a cash-generating machine Okta's revenue rose 11% year over year to $765 million in its fiscal 2027 first quarter, which ended on April 30.

Chief financial officer Brett Tighe said successful new product launches are helping the cybersecurity specialist win more business from corporate customers. He spotlighted Okta Identity Governance, which integrates access management, automation, and compliance tools into a single unified platform.

Today's Change

(

0.20

%) $

0.24

Current Price

$

117.74

All told, Okta's adjusted net income increased 6% to $168 million, or $0.91 per share. That topped Wall Street's estimates, which had called for per-share profits of $0.85.

Better still, Okta continues to crank out free cash flow, to the tune of $271 million in the first quarter.

AI is expanding Okta's addressable market Looking ahead, management guided for full-year revenue growth of roughly 10% to $3.2 billion, with adjusted earnings per share of $3.79 to $3.87 and free cash flow of $855 million to $885 million.

But what really got investors excited was management's comments about how agentic AI is fueling Okta's growth.

"AI agents are rapidly becoming a new workforce inside every organization, creating a wave of identities that must be secured and governed alongside human users," CEO Todd McKinnon said.

Okta, in turn, is investing strategically to position itself as an indispensable cyber guardian for AI agents.

"We're expanding our opportunity as the world's leading independent and neutral identity provider and helping customers make identity the unified control plane for their secure agentic enterprise," McKinnon said.

Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Okta. The Motley Fool has a disclosure policy.