Reddit, Inc. (RDDT) Q2 2026 Earnings Call July 30, 2026 4:30 PM EDT
Company Participants
Jesse Rose - Head of Investor Relations
Steven Huffman - Co-Founder, CEO, President & Director
Jennifer Wong - Chief Operating Officer
Andrew Vollero - Chief Financial Officer
Conference Call Participants
Thomas Champion - Piper Sandler & Co., Research Division
Ronald Josey - Citigroup Inc., Research Division
Richard Greenfield - LightShed Partners, LLC
Mark Stephen Mahaney - Evercore ISI Institutional Equities, Research Division
Justin Post - BofA Securities, Research Division
John Colantuoni - Jefferies LLC, Research Division
Josh Beck - Raymond James & Associates, Inc., Research Division
Andrew Boone - Citizens JMP Securities, LLC, Research Division
Benjamin Black - Deutsche Bank AG, Research Division
Jason Helfstein - Oppenheimer & Co. Inc., Research Division
Presentation
Operator
Good afternoon. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to Reddit's Q2 2026 Earnings Call. [Operator Instructions] I would like to turn the call over to Jesse Rose, Head of Investor Relations. You may begin your conference.
Jesse Rose
Head of Investor Relations
Thanks, Julianne. Hi, everyone. Welcome to Reddit's Second Quarter 2026 Earnings Call. Joining me are Steve Huffman, Reddit's Co-Founder and CEO; Jen Wong, Reddit's COO; and Drew Vollero, Reddit's CFO. I'd like to remind you that our remarks today will include forward-looking statements, and actual results may vary. Information concerning risks and other factors that could cause these results to vary is included in our SEC filings. These forward-looking statements represent our outlook only as of the date of this call, and we undertake no obligation to update any forward-looking statements. During this call, we will discuss both GAAP and non-GAAP financials. Reconciliation of GAAP to non-GAAP financials can be found in our letter to shareholders. Our second quarter letter to shareholders and earnings press release are available on our Investor Relations website and Investor Relations Subreddit.
Apple Inc. (AAPL) Q3 2026 Earnings Call July 30, 2026 5:00 PM EDT
Company Participants
Suhasini Chandramouli - Director of Investor Relations
Timothy Cook - CEO & Director
Kevan Parekh - Senior VP & CFO
John Ternus - Senior Vice President of Hardware Engineering
Conference Call Participants
Amit Daryanani - Evercore ISI Institutional Equities, Research Division
Michael Ng - Goldman Sachs Group, Inc., Research Division
Benjamin Reitzes - Melius Research LLC
Erik Woodring - Morgan Stanley, Research Division
Aaron Rakers - Wells Fargo Securities, LLC, Research Division
Wamsi Mohan - BofA Securities, Research Division
Samik Chatterjee - JPMorgan Chase & Co, Research Division
Presentation
Suhasini Chandramouli
Director of Investor Relations
Good afternoon, and welcome to the Apple Q3 Fiscal Year 2026 Earnings Conference Call. My name is Suhasini Chandramouli, Director of Investor Relations. Today's call is being recorded.
Speaking first today is Apple's CEO, Tim Cook; followed by CFO, Kevan Parekh. Also joining us on today's call is incoming CEO, John Ternus. After the prepared remarks, we'll open the call to questions from analysts.
Please note that some of the information you'll hear during our discussion today will consist of forward-looking statements, including, without limitation, those regarding revenue, gross margin, operating expenses, other income and expense, taxes and future business outlook. These statements involve risks and uncertainties that may cause actual results or trends to differ materially from our forecast including risks related to the potential impact to the company's business and results of operations from macroeconomic conditions, tariffs and other measures and legal and regulatory proceedings.
For more information, please refer to the risk factors discussed in Apple's most recently filed reports on Form 10-Q and Form 10-K and the Form 8-K filed with the SEC today, along with the associated press release. Additional information will also be in our report on Form 10-Q for the quarter ended June 27, 2026, to
The Magnificent Seven are the most scrutinized stocks on the market, so calling any of them underrated feels strange. Yet Alphabet (GOOGL -0.91%) (GOOG -0.62%) fits the description. Even after posting 24% revenue growth and blistering cloud numbers, the market keeps treating it like a threatened ad company rather than the artificial intelligence powerhouse it has become. Here are three reasons it is the most underrated of the group.
Image source: Getty Images.
1. It is the cheapest Magnificent Seven stock, and shouldn't be Start with the disconnect. Alphabet trades at roughly 17 times forward earnings, the lowest valuation in the entire Magnificent Seven, despite growing faster than most of them. In its most recent quarter, revenue climbed 24% to nearly $120 billion, operating income rose 30%, and Google Cloud revenue exploded 82%. It has also been the only member of the group to beat the market this year.
A business firing on all cylinders usually commands a premium. Alphabet gets a discount instead, because investors have spent two years worrying that AI would gut its search business. That fear has kept a lid on the stock even as the results say otherwise.
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2. AI turned out to be a tailwind, not a killer The feared narrative was that chatbots would make Google Search obsolete. The opposite is happening. Alphabet's own Gemini models now handle 22 billion queries' worth of tokens per minute, its Gemini app has around 950 million monthly users, and nearly 90% of the Fortune 100 are using its enterprise AI tools. Rather than being disrupted, Alphabet has become one of AI's biggest winners.
Google Cloud is the clearest proof of the booming demand for AI infrastructure and software. And there is a hidden engine here too: Alphabet designs its own AI chips, called TPUs, and has started placing them directly in customers' data centers. That business is small today but is set to ramp significantly in 2027, giving Alphabet a second way to profit from the AI build-out beyond its own products.
3. The market gives it little credit for its hidden assets This is the part I find most compelling. Buried inside Alphabet are businesses the market barely values. It owns roughly 14% of the AI lab Anthropic, a stake worth well over $100 billion. It owns Waymo, the clear leader in self-driving robotaxis. It owns YouTube, which analysts routinely argue would be worth hundreds of billions as a stand-alone company. And it owns DeepMind, one of the premier AI research labs on Earth.
Add those pieces up, and Alphabet looks even cheaper than its headline multiple suggests. It is telling that Berkshire Hathaway (BRKA +0.24%) (BRKB +0.10%) recently built a stake worth tens of billions of dollars, a rare vote of confidence from the firm of the world's most famous value investor.
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The risk worth naming I would not pretend Alphabet is flawless. Alphabet's capital spending is exploding, with its 2026 budget raised to $200 billion and warnings that 2027 will climb even higher. That pressures near-term cash flow, which is exactly why the stock dipped after its latest report. Regulators are also circling its search and advertising empire, and the long-term threat of AI reshaping how people find information has not vanished entirely.
Here is the bottom line. Alphabet offers the growth of an AI winner, the valuation of a value stock, and a collection of hidden assets the market largely ignores. That combination is why I think it is the most underrated name in the Magnificent Seven. My honest read is that the fears holding it back are fading while the strengths keep compounding, and that gap tends to close in the patient investor's favor. Buy Alphabet for the whole package, keep an eye on the spending, and let the market catch up to what the numbers are already showing.
Amazon oznámil investici 1 mld. USD do AWS Forward Deployed Engineering, nového týmu AI inženýrů, kteří budou u zákazníků nasazovat agentní systémy AI během dnů místo měsíců.
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Amazon launches AWS Forward Deployed Engineering with a $1B investment, making it the hottest new job in tech. Marcin Golba/NurPhoto via Getty Images As AI reshapes the tech workforce, Amazon is making a billion-dollar bet that one engineering job is only becoming more valuable.
The company said on Thursday in its second-quarter earnings report that it will invest $1 billion to build AWS Forward Deployed Engineering, a new team of AI engineers who will work directly inside customer organizations to build and launch agentic AI systems in "days rather than months."
Early customers include the Allen Institute, Cox Automotive, the NBA, the NFL, Ricoh, and Southwest Airlines, Amazon said.
The announcement underscores the rapid rise of the forward-deployed engineer, or FDE, a once-niche role that has become one of the hottest jobs in enterprise AI.
"Forward-deployed engineers, or roles that do the equivalent motion, are about to become one of the most in-demand jobs in tech. And one of the most important functions for AI rollouts," Box CEO Aaron Levie wrote on LinkedIn in May.
The hiring boom backs that up. Business Insider previously reported that job postings for forward-deployed engineers have surged since January 2025, according to Indeed data. Companies including Anthropic, OpenAI, Palantir, Stripe, and Google Cloud have all expanded hiring for the role.
The position, popularized by Palantir, embeds engineers directly with customers to build software tailored to their needs. It sits somewhere between software engineering, consulting, and product deployment.
Kanav Bhatnagar, a senior forward-deployed engineer at Rippling, previously told Business Insider that instead of building products from afar, he works directly with clients and learns how their businesses operate before tailoring AI systems to fit their workflows.
"My primary job is listening to customers and understanding their problems," Bhatnagar said, adding that he spends roughly equal time coding and collaborating with product teams.
That hands-on approach has become increasingly important as companies race to deploy generative AI but struggle to move projects from pilot programs into production.
OpenAI created its own forward-deployed engineering team after realizing customers needed more than access to models. Speaking at the Fortune Brainstorm AI conference last year, international managing director Oliver Jay said the company hired engineers to work directly on customers' largest AI deployments because it was "a really specific way to advance the acceleration of advanced AI into scale production cases."
Job postings on Indeed, analyzed by Business Insider, show that forward-deployed engineering roles typically pay between about $170,000 and $200,000. OpenAI's own job listings, which Business Insider previously reviewed in November 2025, advertise US-based forward-deployed engineering positions paying up to $345,000 in base salary, excluding equity.
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Nvidia (NVDA +2.65%) has been around since 1993, but it came into the spotlight for its graphics processing units (GPUs), which are crucial for training and scaling artificial intelligence (AI). They provide much of the compute power that powers AI workloads.
At the beginning of the current AI boom, the goal for tech giants was simply acquiring as much compute power (i.e., GPUs) as possible. Now, the focus has shifted to memory chips, but as Nvidia's CEO, Jensen Huang, highlighted, those memory chips are now AI's biggest bottleneck.
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Why memory is important to AI and Nvidia AI training and application rely on trillions of data points, and it wouldn't be possible to store and quickly retrieve them without specialized memory chips. As AI is used for handling more complex tasks -- such as running autonomous agents or processing complicated context instead of providing recipes or travel recommendations -- the need for high bandwidth memory has become increasingly important.
Nvidia began its reign selling its GPUs and AI hardware, but now it's building systems with multiple working parts, including memory chips that are packed into its hardware. That means relying on memory chipmakers, such as Micron, SK Hynix, and Samsung, for a continuous, high-volume supply.
Unfortunately, making those specialized memory chips is far from simple, which is why only a handful of companies make the vast bulk of them.
Nvidia CEO Jensen Huang. Image source: Nvidia.
What does it mean for Nvidia? The downside to the shortage is that Nvidia is at the mercy of memory chip suppliers for its own supply chain. If the suppliers can't make memory chips fast enough, Nvidia will have to wait, potentially affecting its own business.
The positive is that Nvidia has the cash and purchasing scale to have priority on the memory chips being made. In its most recent quarter (ended April 26), it generated $48.6 billion in free cash flow and finished the quarter with $13.2 billion in cash and cash equivalents. It can easily pay a premium to buy them in bulk, shutting out smaller competitors and further cementing its stronghold on the industry.
Investors shouldn't hear Huang's message and become concerned; it's just the next chapter of the AI evolution. If anything, it should be encouraging that Nvidia can use its leadership position to be a long-term force, regardless of the current hiccup.
Nvidia's stock has been a disappointment this year, up only 0.60% year to date as of market close on July 29, but much of that has to do with overall sentiment surrounding big tech and the "Magnificent Seven" stocks as a whole, versus disappointing business performance from Nvidia.
Sony zvýšila celoroční výhled provozního zisku o 8 % na 1,72 bilionu jenů díky síle herního byznysu. Ve 2. čtvrtletí provozní zisk stoupl o 40 % na 476,5 miliardy jenů a překonal odhady.
A Sony logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
TOKYO, July 31 (Reuters) - Sony (6758.T), opens new tab on Friday hiked its full-year operating profit forecast by 8% to 1.72 trillion yen ($10.72 billion), citing the strength of its gaming business.
The Japanese conglomerate has received plaudits for its pivot to entertainment, but the market is concerned about the impact of AI and a memory chip price boom on its business.
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The PlayStation maker pointed to the impact of U.S. tariff refunds, a boost from exchange rates and cost control for the rosier outlook for its gaming unit.
In the April-June quarter, group operating profit rose 40% to 476.5 billion yen, beating analyst estimates, due to the strength of the gaming and image sensors businesses.
Sony has said it has secured memory chip supply for this financial year but expects continued high prices next year.
Sony is expected to be a major beneficiary of the launch of "Grand Theft Auto VI" on November 19 as Microsoft's (MSFT.O), opens new tab Xbox business retrenches.
Take-Two Interactive Software (TTWO.O), opens new tab could sell 30 million to 35 million "GTA VI" units by year-end, according to a forecast from Ampere Analysis analyst Piers Harding-Rolls.
Other games coming to PlayStation 5 include the major in-house title "God of War Laufey", which is due for release in February.
For the July-September quarter, analysts on average expect Sony to report an operating profit of 465 billion yen. The company's shares were down 8% year-to-date ahead of the earnings.
Camera lens maker Tamron (7740.T), opens new tab said on Thursday it had received an acquisition proposal from Sony and established a committee to review its options.
Sony is a leading manufacturer of cameras and image sensors, while Tamron is a supplier of lenses for cameras made by Sony and rivals Nikon (7731.T), opens new tab and Canon (7751.T), opens new tab.
The company raised the forecast for its image sensors business, citing higher sales and exchange rates.
($1 = 160.5000 yen)
Reporting by Sam Nussey; Editing by Muralikumar Anantharaman and Jamie Freed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Investoři ztrácejí trpělivost s Teslou i AI, protože trh nově víc řeší návratnost vysokých investic než jejich růst. Dan Ives říká, že investorům s Teslou dochází trpělivost a že Tesla potřebuje zhodnotit „fyzickou AI“, zatímco Steve Eisman vidí rostoucí nervozitu.
Dan Ives z Yorkville Ives & Co. na CNBC řekl, že investorům s Teslou dochází trpělivost. Tesla přitom podle něj není automobilkou, klíčové jsou její projekty a plány mimo tuto oblast. Do nich ale musí hodně investovat, v tom smyslu se tedy podobá firmám jako Alphabet, které také intenzivně investují do nových technologií. K tématu vysokých výdajů na nové technologie a reakcí akciového trhu pak své řekl i Steve Eisman, který se už nějakou dobu přiklání ke skeptičtějšímu investičnímu pohledu.
V případě hyperscalerů je důležité, aby se dostavila odpovídající návratnost investic do umělé inteligence, v případě Tesly zase návratnost do „fyzické AI“. Tedy například do robotů, které společnost vyvíjí a chce vyrábět. Ives k tomu dodal, že Musk na tom pracuje a zopakoval, že „AI revoluce je stále ve své počáteční fázi“. A zmínil i to, že podle něj je pravděpodobné, že se SpaceX spojí s Teslou.
Na CNBC se také diskutovalo o tom, že investoři se nyní zaměřují spíše na firmy, jejichž byznys model je nenáročný na investiční výdaje. Posun v sentimentu se mimo jiné projevuje na růstu sazeb u některých půjček financujících novou AI infrastrukturu. CNBC k tomu přidala následující graf vývoje ceny pětiletého CDS společnosti Oracle. CDS je pojištěním proti neschopnosti společnosti splácet své závazky a podle CNBC jej nyní investoři využívají i jako nástroj pojištění proti větším tenzím na aktivech spojených s umělou inteligencí. Graf také ukazuje, jak cena tohoto derivátu roste s tím, jak se v očích investorů zvyšuje riziko neschopnosti splácet dluhy.
Tématu vysokých investic do nových technologií se na svém Youtube kanálu věnoval i Steve Eisman. Poslední týden podle něj ukázal, že „debata se tu posunula“. Před rokem „se všichni radovali, když společnosti zvyšovaly své investiční výdaje do umělé inteligence.“ Nyní se klade důraz na to, jestli se tyto investice vyplatí. Podnikatelské modely se posunuly k velké kapitálové intenzitě a je otázkou, kdo a zda někdo bude mít vůbec nějakou udržitelnou konkurenční výhodu. K tomu se objevují modely z Číny, které stojí mnohem méně a roste pravděpodobnost cenových válek.
Podle Eismana se na akciovém trhu zvyšuje nervozita, a to se jasně projevilo, když své výsledky za poslední čtvrtletí zveřejnil Google. Jeho plány na další investice do AI a vývoj volného toku hotovosti, do kterého se tyto výdaje přímo promítají, totiž přinesly silnou negativní reakci trhu. Podobné to podle Eismana bylo s akciemi Tesly. Eisman sám považuje zveřejněná čísla Googlu „za maximálně smíšená“. Pozitivní je hlavně vývoj tržeb a cloudových služeb. Negativně vyznívá zmíněný volný tok hotovosti, který je v červených číslech. Navíc firma plánuje další růst investic do AI. Tesla také vykázala „velmi smíšené výsledky… Tržby byly dobré, problémem jsou marže,“ do kterých se promítá i značné omezení vládní podpory pro elektromobily. Volný tok hotovosti se pak i u této společnosti po dvou letech přesunul do záporu, ačkoliv tržby rostly.
Sui spustilo USDsui, stablecoin krytý rezervami, jehož výnosy z amerických státních dluhopisů a dalších likvidních aktiv se vracejí do ekosystému prostřednictvím buybacků SUI a DeFi pobídek. SUI po spuštění přidal 3,86 %.
Here’s how stablecoins usually work: an issuer like Circle or Tether holds reserves in Treasury bonds, earns billions in yield, and keeps that money. Full stop. The blockchain those stablecoins live on gets nothing. Sui looked at that arrangement and decided it was leaving money on the table.
The Layer 1 network’s native stablecoin, USDsui, takes a fundamentally different approach. The yield generated from its reserve assets, which include US Treasury bonds and other liquid instruments, gets recycled directly back into the Sui ecosystem through open-market buybacks of SUI tokens and DeFi liquidity incentives.
The flywheel thesis The stablecoin is fully collateralized, not algorithmic. USDsui’s backing comes from traditional financial instruments, with issuance handled by Bridge, a firm that Stripe acquired.
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Mysten Labs co-founder Adeniyi Abiodun framed the strategy as a way to close the value-extraction gap that has long defined the stablecoin sector.
“That yield effectively can get funneled back from the foundation straight to the Sui ecosystem.”
In English: instead of Tether pocketing $6 billion a year in profits while the chains hosting USDT see none of it, Sui wants to capture that economic value and redirect it toward its own token holders and DeFi participants.
The numbers behind the bet Sui didn’t launch USDsui into a vacuum. The network had already processed over $1 trillion in cumulative stablecoin transfers before the new token went live. January 2026 alone saw $111 billion in stablecoin volume flow through the chain.
The market’s initial verdict was cautiously optimistic. SUI’s token price climbed 3.86% on USDsui’s launch day.
The buyback mechanism works in two directions. Purchased SUI tokens can either be effectively removed from circulating supply or redeployed into DeFi liquidity pools and automated market makers.
Why this model could matter beyond Sui Bridge’s involvement, and by extension Stripe’s, adds a layer of institutional credibility that most chain-native stablecoins lack.
For investors watching this space, the key metric to track isn’t SUI’s price on any given day. It’s USDsui’s circulating supply over time. The buyback mechanism’s firepower is directly proportional to how much USDsui is actually in circulation. A stablecoin with $100 million in reserves generating 4-5% yield from Treasuries produces maybe $4-5 million annually for buybacks. A stablecoin with $10 billion in reserves producing $400-500 million annually in buyback pressure is a different conversation entirely.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Merit Medical Systems, Inc. (MMSI) Q2 2026 Earnings Call July 30, 2026 4:30 PM EDT
Company Participants
Martha Aronson - President, CEO & Director
Brian Lloyd - Chief Legal Officer & Corporate Secretary
Raul Parra - CFO & Treasurer
Conference Call Participants
Jason Bednar - Piper Sandler & Co., Research Division
Lilia-Celine Lozada - JPMorgan Chase & Co, Research Division
Lei Huang - Wells Fargo Securities, LLC, Research Division
Aidan Lahey - BofA Securities, Research Division
Michael Matson - Needham & Company, LLC, Research Division
Michael Petusky - Barrington Research Associates, Inc., Research Division
Sam Eiber - BTIG, LLC, Research Division
David Rescott - Robert W. Baird & Co. Incorporated, Research Division
Zachary Day - Canaccord Genuity Corp., Research Division
James Sidoti - Sidoti & Company, LLC
Presentation
Operator
Welcome to Merit Medical Systems' Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded and that the recording will be available on the company's website for replay shortly.
I would now like to turn the call over to Martha Aronson, Merit Medical Systems' President and Chief Executive Officer.
Martha Aronson
President, CEO & Director
Thank you, operator, and welcome, everyone. I am joined on the call today by Raul Parra, our Chief Financial Officer and Treasurer; and Brian Lloyd, our Chief Legal Officer and Corporate Secretary.
Brian, would you mind taking us through the safe harbor statements, please?
Brian Lloyd
Chief Legal Officer & Corporate Secretary
Thanks, Martha. This presentation contains forward-looking statements that receive safe harbor protection under federal securities laws. Although we believe these forward-looking statements are based upon reasonable assumptions, they are subject to risks and uncertainties. The realization of any of these risks or uncertainties as well as extraordinary events or transactions impacting our company could cause actual results to differ materially from the expectations and projections expressed or implied by our forward-looking
Hercules Capital oznámila hospodářské výsledky za 2. čtvrtletí 2026. Na konferenčním hovoru vedení představilo finanční výsledky po skončení obchodování.
Hercules Capital, Inc. (HTGC) Q2 2026 Earnings Call July 30, 2026 5:00 PM EDT
Company Participants
Michael Hara - Managing Director of Investor Relations & Corporate Communications
Scott Bluestein - CEO, Chief Investment Officer & Director
Seth Meyer - President
Andrew Olson - Chief Financial Officer
Conference Call Participants
Crispin Love - Piper Sandler & Co., Research Division
Finian O'Shea - Wells Fargo Securities, LLC, Research Division
Christopher Muller - Citizens JMP Securities, LLC, Research Division
Jason Stewart - Compass Point Research & Trading, LLC, Research Division
Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division
John Hecht - Jefferies LLC, Research Division
Melissa Wedel
Paul Johnson - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Operator
Good afternoon. My name is Leo, and I will be your conference operator today. At this time, I would like to welcome everyone to the Hercules Capital Second Quarter 2026 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference may be recorded. [Operator Instructions]
I will now turn the call over to Michael Hara, Managing Director of Investor Relations. Please go ahead.
Michael Hara
Managing Director of Investor Relations & Corporate Communications
Thank you, Leo. Good afternoon, everyone, and welcome to Hercules conference call for the second quarter of 2026. With us on the call today from Hercules are Scott Bluestein, CEO and Chief Investment Officer; Seth Meyer, President; and Andrew Olson, CFO. Hercules financial results were released just after today's market close and can be accessed from the Hercules Investor Relations section at investor.htgc.com. An archived webcast replay will be available on the Investor Relations web page following the conference call.
During this call, we may make forward-looking statements based on our own assumptions and current expectations. These forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision.
DexCom, Inc. (DXCM) Q2 2026 Earnings Call July 30, 2026 4:30 PM EDT
Company Participants
Sean Christensen - Vice President of Finance and Investor Relations
Jacob Leach - President, CEO & Director
Jereme Sylvain - Executive VP, CFO & Chief Accounting Officer
Conference Call Participants
Travis Steed - BofA Securities, Research Division
Robert Marcus - JPMorgan Chase & Co, Research Division
Matthew Taylor - Jefferies LLC, Research Division
Gursimran Kaur - Wells Fargo Securities, LLC, Research Division
Anna Runci - Piper Sandler & Co., Research Division
Colin Clark - TD Cowen, Research Division
Jayson Bedford - Raymond James & Associates, Inc., Research Division
Marie Thibault - BTIG, LLC, Research Division
Jeffrey Johnson - Robert W. Baird & Co. Incorporated, Research Division
Joanne Wuensch - Citigroup Inc., Research Division
Anthony Petrone - Mizuho Securities USA LLC, Research Division
Michael Polark - Wolfe Research, LLC
Jonathan Block - Stifel, Nicolaus & Company, Incorporated, Research Division
Issie Kirby - Rothschild & Co Redburn, Research Division
Richard Newitter - Truist Securities, Inc., Research Division
Presentation
Operator
Ladies and gentlemen, welcome to the Dexcom Second Quarter 2026 Earnings Release Conference Call. My name is Abby, and I will be your operator for today's call. [Operator Instructions] As a reminder, the conference is being recorded.
I will now turn the call over to Sean Christensen, Senior Vice President of Finance and Investor Relations. Mr. Christensen, you may begin.
Sean Christensen
Vice President of Finance and Investor Relations
Thank you, operator, and welcome to Dexcom's Second Quarter 2026 Earnings Call. Our agenda begins with Jake Leach, Dexcom's President and CEO, who will summarize our recent highlights and ongoing strategic initiatives, followed by a financial review and outlook from Jereme Sylvain, our Chief Financial Officer.
Following our prepared remarks, we will open the call up for your questions. At that time, we ask analysts to limit themselves to one question each so we can provide
The Euro (EUR) extends the intraday rally to near 185.20 against the Japanese Yen (JPY) after the Bank of Japan’ (BoJ) monetary policy decision during the Asian trading session on Friday. The BoJ has kept interest rates steady at 1%, as expected, with an 8-1 majority.
BoJ member Hajime Takata dissented from the vote to hold and favored a 25 basis points (bps) interest rate hike to push rates to 1.25%.
The Japanese central bank has warned that medium-to-long-term inflation expectations are set to climb and has reiterated that the monetary policy path will remain on the upside. “Will keep raising interest rates in response to economic, price trends and financial conditions,” BoJ said.
The BoJ was already anticipated to do so as it is unlikely to deliver back-to-back rate hikes to build pressure on the economy. In the June meeting, the Japanese central bank raised borrowing rates by 25 basis points (bps) to 1%, the highest level not seen since 1995.
On the Eurozone front, investors await the preliminary Harmonized Index of Consumer Prices (HICP) data for July, which will be published at 09:00 GMT. The inflation data from Germany and Spain showed on Monday that inflationary pressures grew at a faster-than-expected pace.
According to TD Securities, Eurozone inflation is likely to firm only modestly in the latest print, with the bank expecting “euro area HICP to pick up only slightly to 2.9% y/y (mkt: 2.9%; prior: 2.8%), as the recent rebound in energy is largely offset by softer food and core goods prices.” The analysts note that “airfares may provide some upside given higher jet fuel costs and the start of the summer holiday season,” but they judge that “broader services HICP is likely to remain contained, with limited evidence so far of a wider pass-through of the energy shock.” In this context, TD Securities concludes that “we see the core inflation number remaining steady at 2.4% y/y (mkt: 2.4%, prior: 2.4%).”
Signs of acceleration in inflationary pressures in the Eurozone would prompt expectations of more interest rate hikes by the European Central Bank (ECB) in the near term.
Bank of Japan FAQs The Bank of Japan (BoJ) is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%.
The Bank of Japan embarked in an ultra-loose monetary policy in 2013 in order to stimulate the economy and fuel inflation amid a low-inflationary environment. The bank’s policy is based on Quantitative and Qualitative Easing (QQE), or printing notes to buy assets such as government or corporate bonds to provide liquidity. In 2016, the bank doubled down on its strategy and further loosened policy by first introducing negative interest rates and then directly controlling the yield of its 10-year government bonds. In March 2024, the BoJ lifted interest rates, effectively retreating from the ultra-loose monetary policy stance.
The Bank’s massive stimulus caused the Yen to depreciate against its main currency peers. This process exacerbated in 2022 and 2023 due to an increasing policy divergence between the Bank of Japan and other main central banks, which opted to increase interest rates sharply to fight decades-high levels of inflation. The BoJ’s policy led to a widening differential with other currencies, dragging down the value of the Yen. This trend partly reversed in 2024, when the BoJ decided to abandon its ultra-loose policy stance.
A weaker Yen and the spike in global energy prices led to an increase in Japanese inflation, which exceeded the BoJ’s 2% target. The prospect of rising salaries in the country – a key element fuelling inflation – also contributed to the move.
Enterprise Products Partners uspořádala konferenční hovor k výsledkům za 2. čtvrtletí 2026. V úvodu zaznělo, že vedení bude komentovat hospodaření a výhled společnosti.
Enterprise Products Partners L.P. Common Units (EPD) Q2 2026 Earnings Call July 30, 2026 10:00 AM EDT
Company Participants
Joseph Theriac - Vice President of Finance & Investor Relations
A. Teague - Co-CEO & Director of Enterprise Products Holdings LLC
W. Fowler - Co-CEO & Director of Enterprise Products Holdings LLC
Tyler Cott - Senior Vice President of Hydrocarbon Marketing
Tug Hanley - Executive VP & Chief Commercial Officer
Natalie Gayden - Senior Vice President, Natural Gas Assets
Justin Kleiderer - Senior Vice President of Pipelines & Terminals
Graham Bacon - Executive VP & COO of Enterprise Products Holdings LLC
Conference Call Participants
Jean Ann Salisbury - BofA Securities, Research Division
Spiro Dounis - Citigroup Inc., Research Division
John Mackay - Goldman Sachs Group, Inc., Research Division
Keith Stanley - Wolfe Research, LLC
Theresa Chen - Barclays Bank PLC, Research Division
Gabe Daoud - Truist Securities, Inc., Research Division
Jeremy Tonet - JPMorgan Chase & Co, Research Division
Andrew John O'Donnell - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division
Manav Gupta - UBS Investment Bank, Research Division
Presentation
Operator
Thank you for standing by, and welcome to Enterprise Products Partners L.P.'s Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Joe Theriac, VP of Finance and Investor Relations. Please go ahead.
Joseph Theriac
Vice President of Finance & Investor Relations
Thanks, Latif. Good morning, and welcome to the Enterprise Products Partners conference call to discuss second quarter 2026 earnings. Our speakers today will be Co-Chief Executive Officers of Enterprise's General Partner, Jim Teague and Randy Fowler. Other members of our senior management team are also in attendance for the call today.
During this call, we will make forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 based on the beliefs of the company as well as assumptions
Chief People Officer Sarah H. King prodala 4 373 akcií Darden Restaurants za zhruba 920 200 USD. Po transakci jí zůstalo 742 přímých akcií a více než 7 000 derivátových cenných papírů.
Chief People Officer Sarah H. King reported a sale of 4,373 shares of Darden Restaurants, Inc. (DRI -2.48%) on July 29, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$920,200Shares sold (direct)4,373Post-transaction shares (directly held)742Post-transaction value$157,474.66Transaction value based on SEC Form 4 weighted average sale price ($210.42); post-transaction value based on July 29, 2026 market close ($212.23).
Key questionsWhat was the primary driver of this transaction?
The transaction represented the sale of common shares at a weighted average price of $210.42.How does this sale align with the stock's recent performance?
The transaction occurred with the stock having delivered a roughly flat one-year gain. The shares were sold at $210.42, slightly below the trade-date market close of $212.23.What is the status of King's remaining equity exposure?
Following the 85% liquidation of her direct common stock position, King's direct ownership is reduced to 742 shares. However, she retains over 7,000 derivative securities, which provide continued exposure to the company's long-term equity performance.What is the company's current valuation context?
Darden Restaurants holds a market capitalization of $24 billion as of the July 29, 2026, market close. The company reported trailing twelve-month revenue of $13.2 billion and net income of $1.2 billion.Company OverviewMetricValueShare Price (as of market close 2026-07-29)$212.23Market Capitalization$24.3 billionRevenue (TTM)$13.2 billionNet Income (TTM)$1.2 billionCompany SnapshotDarden Restaurants operates a diversified portfolio of full-service dining establishments across the United States and Canada, generating revenue through restaurant operations and food service delivery across multiple branded concepts including Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, Capital Grille, and Seasons 52.The company's business model centers on the ownership and operation of company-managed restaurants that generate revenue through food and beverage sales, with a focus on casual and upscale dining segments that emphasize consistent execution, operational efficiency, and brand differentiation.Darden's primary customers are middle to upper-middle income consumers seeking casual to upscale dining experiences, with the company's portfolio strategically positioned to capture demand across multiple price points and dining occasions in both the United States and Canadian markets.Darden Restaurants operates one of the largest full-service restaurant portfolios in North America, with approximately 1,867 company-managed locations generating $13.2 billion in TTM revenue. The company maintains a competitive advantage through its multi-brand strategy, which allows it to serve diverse customer preferences and dining occasions while leveraging operational scale and supply chain efficiencies across its portfolio. With a market capitalization of $24.3 billion and net income of $1.2 billion TTM, Darden demonstrates strong profitability and market positioning within the consumer cyclical restaurant sector.
What this transaction means for investorsKing was far from the only Darden executive to sell, joining the CEO and CFO, and like them she kept her options while shrinking her common stock, here down to 742 shares against more than 7,000 derivative securities. A few insiders lightening up together can spook investors, but the pattern might just point to a shared post-fiscal-year window rather than a coordinated verdict, and each of these insiders kept the bulk of their upside in options. Though shares are roughly flat over the past year, they’re still close to record levels, and ultimately, that just makes this seem more like ordinary diversification.
As chief people officer, King oversees the labor side of a business where staffing and wages drive costs. Darden crossed $13 billion in annual sales for the first time in fiscal 2026, with adjusted earnings up 11.4% to $10.64 per share, and it opened 71 restaurants while planning 75 to 80 more. CEO Ricardo Cardenas called the portfolio "more balanced and more diversified" than years past. That expansion pace will be more important to watch longer term than sales like this one. Staffing dozens of new restaurants a year is likely King's challenge, and labor costs are the line that could pressure margins as Darden grows.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
LPL Financial Holdings Inc. zveřejnila výsledky za 2. čtvrtletí 2026. V přepisu konferenčního hovoru ale nejsou uvedena žádná konkrétní čísla ani komentář k výkonu.
LPL Financial Holdings Inc. (LPLA) Q2 2026 Earnings Call July 30, 2026 5:00 PM EDT
Company Participants
Richard Steinmeier - CEO & Director
Matthew Audette - President & CFO
Conference Call Participants
Alexander Blostein - Goldman Sachs Group, Inc., Research Division
Steven Chubak - Wolfe Research, LLC
Daniel Fannon - Jefferies LLC, Research Division
Devin Ryan - Citizens JMP Securities, LLC, Research Division
Y. Cho - JPMorgan Chase & Co, Research Division
Craig Siegenthaler - BofA Securities, Research Division
Michael Brown - UBS Investment Bank, Research Division
Brennan Hawken - BMO Capital Markets Equity Research
Michael Cyprys - Morgan Stanley, Research Division
Benjamin Budish - Barclays Bank PLC, Research Division
Jeffrey Schmitt - William Blair & Company L.L.C., Research Division
William Katz - TD Cowen, Research Division
Presentation
Operator
Good afternoon, and thank you for joining the Second Quarter 2026 Earnings Conference Call for LPL Financial Holdings Inc. Joining the call today are Chief Executive Officer, Rich Steinmeier; and President and Chief Financial Officer, Matt Audette. Rich and Matt will offer introductory remarks, and then the call will be open for questions.
[Operator Instructions]
The company has posted its earnings press release and supplementary information on the Investor Relations section of the company's website, investor.lpl.com.
Today's call will include forward-looking statements, including statements about LPL Financial's future financial and operating results, outlook, business strategies and plans as well as other opportunities and potential risks that management foresees. Such forward-looking statements reflect management's current estimates or beliefs and are subject to known and unknown risks and uncertainties that may cause actual results or the timing of events to differ materially from those expressed or implied in such forward-looking statements. For more information about such risks and uncertainties, the company refers listeners to disclosures set forth under the caption Forward-Looking Statements in the earnings press release as well as the risk factors and other disclosures contained in the
Applied Digital (APLD +20.46%) is the tale of two tapes. The stock is up about 150% over the past year, but its shares have also been nearly cut in half from their spring highs. With the company's revenue surging, the question on many investors' minds now is whether it's time to buy the stock when it's down.
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Revenue growth surges Applied Digital is more of an AI data center landlord than it is a tech company. It spun out its cloud computing business and merged it with EKSO Bionics Holding earlier this year to create a new company called ChronoScale (CHRN +13.71%), although it still holds a 96% stake in the new entity. Meanwhile, it is considering converting into a real estate investment trust (REIT).
Applied Digital's main business today is building and operating data centers designed to handle AI workloads. However, it does still have a data center hosting business that serves cryptocurrency miners, which was its original business. Its biggest attribute is its access and ability to source cheap power and know-how for constructing facilities that can house massive data centers.
Applied Digital has been seeing rapid revenue growth, which continued in fiscal Q4 with its revenue soaring 407% to $258.7 million. Excluding the spun-off ChronoScale, revenue rose from $38 million to $240.4 million.
The company's high-performance computing (HPC) business accounted for $203 million of its revenue, with $44.1 million tied to base rent and $6.5 million related to tenant recoveries. The bulk of it, $152.1 million, came from tenant fit-out services, which is revenue it gets from constructing dedicated facilities for large customers.
This revenue is coming mostly from its largest customer, CoreWeave. Tenant fit-out services have low gross margins, but they do lead to future, higher-margin recurring revenue.
Its data center hosting business, meanwhile, saw its revenue slip by 2% to $37.63 million, with operating income of $12.5 million. This is Applied Digital's legacy business, comprising two facilities in North Dakota with 286 megawatts of power dedicated to cryptocurrency mining.
On the profitability front, the company reported adjusted net income of $12.9 million, or $0.04 per share. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) came in at $42.4 million, compared to $1 million a year ago.
Applied Digital ended the quarter with $1.6 billion in unrestricted cash against $5 billion in debt. It reported operating cash flow of $89.7 million and negative free cash flow of $2.8 billion.
During the quarter, Applied Digital signed leases for three new campuses worth $20 billion in lease value with a single high-investment-grade hyperscaler. In total, it has now signed leases for five campuses, bringing its contracted long-term lease value to $36 billion.
Image source: Getty Images.
Applied Digital continues to grow revenue quickly, although much of this is coming from low-margin non-recurring tenant fit-out service revenue. However, this does help set the stage for future recurring revenue. At the same time, the company is burning through cash, expanding its data center campuses, and taking on significant debt.
That said, its business should be inherently less risky than that of neocloud operators. It isn't buying pricey graphics processing units (GPUs), so it faces less technology obsolescence risk, and it is getting long-term leases. Having CoreWeave as its primary customer is a risk, but a large hyperscaler becoming its primary tenant in the future will be a plus.
With Applied Digital projecting it will hit a $1 billion net operating income (NOI) run rate a year from now and a strong, growing backlog, the stock looks intriguing here. I'd still place it in the high-risk, high-reward category, but with power still one of the big AI infrastructure bottlenecks, the company looks to be in a solid long-term position.
Tim Cook označil hybridní přístup Applu k AI, který část úloh zpracuje přímo na iPhonu a Macu, za „konkurenční zbraň“. Firma tím chce podpořit i chystané Siri a iCloud+.
Apple CEO Tim Cook had a lot to talk about on his last earnings call as CEO, as his company's stock price trended lower on concerns about supply constraints. Regardless of the selloff, he told investors that Apple has "enormous opportunities" in artificial intelligence.
Cook, who will be assuming the role of executive chairman on Sept. 1, said Apple's hybrid approach to AI, where some workloads can be run on iPhones and Macs is an advantage as his large tech peers rely on their massive clouds.
It's an important signal to Wall Street about the company's ability to run AI apps as Apple gears up for the launch of an updated Siri this fall.
"The ability to run some percentage of requests on device is also very strategic and sort of a competitive weapon," Cook said.
Apple has bucked its hyperscaler peers by spending significantly less on capital expenditures as it tries to be a player in AI. Most of the spending across the industry is going towards Nvidia-based data centers to run advanced AI models from companies like OpenAI and Anthropic.
Alphabet, Amazon, Meta and Microsoft have each committed to shelling out well over $100 billion in capex this year. In the June quarter, Apple's capex amounted to $2.46 billion, lower than a StreetAccount estimate of $3.44 billion. Cook noted that operating expenses are going up.
"We have been growing our opex and spending more in AI in general," Cook said.
Instead of spending heavily on data centers, Apple emphasizes that much of its AI suite — Apple Intelligence — can be run on the devices themselves, using the full power of Apple's chips and not radioing to the cloud.
Apple says it can do more in AI, potentially saving money for businesses that are spending heavily on AI software. He gave the example of Disney, where "creative teams are increasingly turning to Mac for on-device AI workflows that reduce overall cloud token costs and keep their IP secure," Cook said.
Apple's hybrid strategy will be tested when Siri AI is finally released to the public. The highly anticipated launch of Apple's personal assistant will depend on the iPhone's processor to decipher queries and use the appropriate on-device AI model.
However, there are tradeoffs in terms of what the local models can do. So for complicated AI tasks, Apple will use Google Cloud to serve those answers with infrastructure based on Nvidia's graphics processing units and Intel's central processors. Those tasks include things like image generation, Apple said in June, when it revealed the software.
Apple signaled at the time that it would cap users on its cloud models and that they might be able to increase their limits through iCloud. That would offer Apple a new way to monetize AI.
Cook said on Thursday that Apple didn't have a "complete plan" for charging users, but that it aims to use AI as a selling point for iCloud subscriptions.
"We do believe there will be people that want to use it a lot, and so we will have some kind of upgrade possibilities on on iCloud+," Cook said.
The logo of Tesla is seen on a Tesla Model Y during Tesla Inc.'s official launch in Bogota, Colombia, November 20, 2025. REUTERS/Luisa Gonzalez/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesSeparation options include spin off, sale or closure of China business, WSJ reportsExecutives also discuss separate sales entity for Shanghai exports, Journal saysGigafactory Shanghai has annual production capacity of more than 950,000 vehiclesJuly 30 (Reuters) - Tesla (TSLA.O), opens new tab executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX (SPCX.O), opens new tab, the Wall Street Journal reported on Thursday, citing a person familiar with the talks.
A merger between Elon Musk's Tesla and SpaceX would raise geopolitical and regulatory hurdles, particularly in China, because SpaceX is a major U.S. defense contractor involved in national security and satellite programs, while Tesla operates wholly owned manufacturing facilities in China.
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Tesla and SpaceX could not be immediately reached for comment outside regular business hours.
Tesla advisers have discussed possible options for a separation, including a spin off, sale or closure, the WSJ report said, adding that it was unclear how quickly Tesla could move on the China business and that the plans could change.
CEO Musk had in recent years instructed Tesla executives to organize the company with a "laser" between its U.S. and China businesses, aiming to ensure that in the event of geopolitical strife between the two countries, at least the U.S. half of Tesla would survive, the Journal said, citing sources.
Unlike many foreign automakers, Tesla's Chinese vehicle business is not structured as a joint venture with a local partner.
Tesla's Gigafactory Shanghai remains its largest and most productive plant globally, serving as its key export hub for Europe and the Asia-Pacific region.
The facility historically accounts for more than half of Tesla's global deliveries, with an annual production capacity of more than 950,000 vehicles.
CHINA IS TESLA'S NO.2 MARKETSpaceX went public last month after a record $75 billion initial public offering and was valued at $1.48 trillion as of Thursday's close. Tesla has a market capitalisation of $1.22 trillion.
While Giga Shanghai acts as a vital export pipeline, China itself is Tesla's second-largest market globally after the United States, though it faces intense pressure from local players such as BYD.
The Journal reported that executives have also discussed creating a separate sales entity to handle exports from the Shanghai plant. Tesla could create separate office systems and bar China-based employees’ direct access to other company units, it added.
Earlier this month, Musk left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to dismiss the possibility and citing growing overlap between the companies.
SpaceX President and Chief Operating Officer Gwynne Shotwell has also acknowledged potential benefits, telling CNBC in June that folding the companies together "might make Elon's life a little easier" by streamlining management across his businesses.
However, JPMorgan analysts have pointed to the "practical bottleneck" of getting regulatory approvals for both companies, particularly in China, where national security concerns over SpaceX’s U.S. government ties could pose problems.
Through its China entity, Tesla achieved the lowest costs to manufacture its Model 3 and Model Y with the help of more than 400 domestic suppliers, a Tesla China executive has previously said, adding that more than 60 of them also supply Tesla globally.
Deliveries of China-made Model 3 and Model Y vehicles rose 24.4% year-over-year in June, while second-quarter sales and exports from the Shanghai factory increased 32.8%.
Tesla has said it sources locally more than 95% of the components in the China-made Model 3 and the refreshed version of the Model Y.
Reporting by Fabiola Arámburo, Chris Thomas and Mrinmay Dey in Mexico City, Ju-min Park in Beijing; Editing by Christian Schmollinger, Muralikumar Anantharaman and Lincoln Feast.
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The 777-9 fatigue test aircraft at the Boeing Factory in Everett, Washington, U.S., July 8, 2026. Jennifer Buchanan/Seattle Times/Pool via REUTERS/File Photo Purchase Licensing Rights, opens new tab
CompaniesSEATTLE, July 30 (Reuters) - Boeing (BA.N), opens new tab said on Thursday it had sent a contract offer to the union representing roughly 17,000 engineers and technical workers in its commercial airplane division.
The Society of Professional Engineering Employees in Aerospace's negotiating team endorsed the deal, according to a post on the union's website.
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No details of the proposed contract were immediately available.
The SPEEA negotiating team said the proposal "offers real and meaningful value to the membership, delivers real positive change to work/life balance and delivers on the membership's priorities."
Union officials for the engineers and technicians bargaining units will review the terms and make a recommendation to members next week.
The current SPEEA contract expires on October 6.
A strike could further delay certification campaigns for Boeing's 737 MAX 10 - the largest variant of its single-aisle jet - and the 777-9, its largest jetliner. The company is already years behind schedule on certification, which is engineering-intensive work.
Boeing has had three major union contract negotiations in as many years. The previous two, covering the planemaker's commercial aircraft workers and a separate bargaining unit of defense workers, both represented by the International Association of Machinists and Aerospace Workers, ended after extended strikes.
In January, Boeing reached a contract with roughly 1,600 SPEEA members at the former Spirit AeroSystems in Wichita, Kansas. The contract included a $6,000 ratification bonus, annual wage increases, improvements to medical and retirement plans, and an additional six days off a year.
Reporting by Dan Catchpole in Seattle; Editing by Jamie Freed
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Napětí s Íránem přimělo Pentagon uzavřít sedmileté dohody s L3Harris a Lockheed Martin na rozšíření výroby pohonů pro interceptory Patriot a THAAD. Cílem je řešit nedostatek systémů protiraketové obrany.
Ongoing tensions with Iran led the U.S. Defense Department to announce on July 27 two seven-year agreements with L3Harris Technologies (LHX -8.61%) and Lockheed Martin (LMT +0.86%) to expand propulsion capacity for Patriot and Terminal High Altitude Area Defense (THAAD) interceptors. The point is to address an ongoing shortage of missile defense systems.
The need to address the shortage also benefits RTX (RTX -0.40%), a key contractor and supplier of the Patriot and THAAD interceptors. All three defense stocks are up so far this year, but while L3Harris is up only 3%, RTX and Lockheed Martin are up by more than 17% and 19%, respectively. The run is likely to continue, though. Why I like each of these stocks:
Image source: Getty Images
Lockheed has a big backlog and a big dividend Lockheed is the prime contractor and system integrator responsible for manufacturing the overall THAAD system and its hit-to-kill interceptor missiles. As of the second quarter, the company had a record backlog of $230 billion, led by its multibillion-dollar awards for THAAD hit-to-kill interceptors and Patriot PAC-3 MSE missiles. This provides extraordinary multiyear revenue predictability.
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Lockheed maintains a near monopoly in integrated upper-tier kinetic missile defense for the U.S. and international allies. That gives it strong margin protection.
In the second quarter, it reported revenue of $20.1 billion, up 11% year over year, and earnings per share (EPS) of $7.94, up 443% over the same quarter a year ago. The company has four segments: space, aeronautics, missiles and fire control, and rotary and mission systems. Missiles and fire control led the way in the quarter with an operating margin of 14.5%.
Management has raised its dividend for 22 consecutive years, including a 5% increase last year, to $3.45 per quarter. Its yield, even with the stock's increase this year, is 2.36% at its current share price, more than double the S&P 500 average yield. As production bottlenecks resolve and its operating margins expand, its free cash flow generation will continue to grow.
L3Harris benefits from missile demand, regardless of contracts Through its Aerojet Rocketdyne business, L3Harris supplies essential solid-rocket motors and thrust-vector control systems for the THAAD and Patriot missiles. This allows the company to capture upside from missile demand regardless of which prime contractor wins specific program awards. The Pentagon's new seven-year deal calls for it to nearly triple production of propulsion parts for Patriot munitions and quadruple its manufacturing of crucial components for THAAD interceptors over the next seven years.
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L3Harris specializes in high-margin technology segments -- including space payloads, electronic warfare, tactical communications, and night vision systems -- that drive higher overall segment operating margins.
In the second quarter, the company's cost-control initiatives and debt reduction led to improved profitability. It reported revenue of $5.9 billion, up 8% year over year, while the operating margin rose 60 basis points over the same period last year to 11.1%. EPS climbed 28% year over year to $3.13.
L3Harris continues to convert record order flow into an expanding backlog of $42 billion, while aggressive cost initiatives and asset sales support debt reduction and accelerating EPS. It also has a dividend yield of 1.61% at its current share price, and it increased its dividend by 4% this year, the 25th consecutive year it has boosted it.
RTX's Patriot missiles are in high demand here and abroad RTX, through its Raytheon segment, is the main system architect and radar provider for the Patriot system, providing high-margin, long-term recurring revenue through U.S. and international military sales, maintenance contracts, software retrofits, and next-generation radar upgrades.
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Led by rising demand to replenish depleted global missile inventories, RTX holds a record backlog of $289 billion through the second quarter. This order intake supports ongoing upward revisions to management's full-year earnings and free cash flow guidance.
In the second quarter, the company reported revenue of $24.7 billion, up 14% year over year, and EPS of $1.57, up 29% from the second quarter of 2025. Profit margin was 11.4%, up from 9.9% in the same period a year ago.
RTX's dividend yields around 1.27% at its current share price. It has increased its payout for 22 consecutive years, including a 6% raise this year to $0.73 per quarter.
Riding the military momentum An unprecedented surge in global defense demand has pushed all three contractors to record order backlogs. With allied nations aggressively replenishing depleted missile stockpiles and upgrading air defense infrastructure, these companies have long-term revenue visibility well into the next decade. Their highly complementary relationship in crucial programs such as THAAD and Patriot ensures that all three capture steady top-line growth as defense budgets expand worldwide.
These defense majors present an attractive balance of cash flow generation, margin expansion, and above-average dividends. As supply chain bottlenecks ease, factory expansions come on line, and high-volume production accelerates, operating margins are expanding across munitions and aerospace segments.
Combined with growing free cash flows, low customer credit risk, and a proven track record of dividend hikes and share buybacks, all three stocks offer defense-focused value and resilient earnings compounders.
Kevin Lobo - Chairman & CEO
Nick Mead - Vice President of Investor Relations
Preston Wells - VP & CFO
Conference Call Participants
Joanne Wuensch - Citigroup Inc., Research Division
Robert Marcus - JPMorgan Chase & Co, Research Division
Larry Biegelsen - Wells Fargo Securities, LLC, Research Division
Ryan Zimmerman - BTIG, LLC, Research Division
Travis Steed - BofA Securities, Research Division
Vikramjeet Chopra - BMO Capital Markets Equity Research
Matthew O'Brien - Piper Sandler & Co., Research Division
Vijay Kumar - Evercore ISI Institutional Equities, Research Division
Patrick Wood
Ravi Misra - Truist Securities, Inc., Research Division
Matthew Taylor - Jefferies LLC, Research Division
Mathew Blackman - TD Cowen, Research Division
Caitlin Roberts - Canaccord Genuity Corp., Research Division
Presentation
Operator
Welcome to the Second Quarter 2026 Stryker Earnings Call. My name is Megan, and I'll be your operator for today's call. [Operator Instructions]. This conference call is being recorded for replay purposes.
Before we begin, I would like to remind you that the discussions during this conference call will include forward-looking statements. Factors that could cause actual results to differ materially are discussed in the company's most recent filings with the SEC. Also, the discussions will include certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures can be found in today's press release that is an exhibit to Stryker's current report on Form 8-K filed with the SEC.
I will now turn the call over to Mr. Kevin Lobo, Chair and Chief Executive Officer. You may proceed, sir.
Kevin Lobo
Chairman & CEO
Welcome to Stryker's second quarter earnings call. Joining me today are Preston Wells, Stryker's CFO; and Nick Mead, Vice President of Investor Relations. For today's call, I will provide opening comments, followed by Nick with market trends and some product updates. Preston will then provide additional
Roblox za čtvrtletí do června 2026 zvýšil tržby na 1,56 miliardy USD, meziročně o 8,3 %, ale Bookings 1,56 miliardy USD i denně aktivní uživatelé 123 milionů zaostali za odhady.
For the quarter ended June 2026, Roblox (RBLX - Free Report) reported revenue of $1.56 billion, up 8.3% over the same period last year. EPS came in at -$0.26, compared to -$0.41 in the year-ago quarter.
The reported revenue represents a surprise of -2.11% over the Zacks Consensus Estimate of $1.59 billion. With the consensus EPS estimate being -$0.33, the EPS surprise was +21.21%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Roblox performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Bookings: $1.56 billion versus $1.59 billion estimated by seven analysts on average.Daily Active Users (DAUs): 123 million versus 128.15 million estimated by five analysts on average.Total Hours Engaged: 29 billion versus 33.21 billion estimated by five analysts on average.Daily Active Users (DAUs) - ROW: 34 million compared to the 37.92 million average estimate based on three analysts.Daily Active Users (DAUs) - APAC: 41 million versus 39.82 million estimated by three analysts on average.Daily Active Users (DAUs) - US & Canada: 22 million versus 22.19 million estimated by three analysts on average.Daily Active Users (DAUs) - Europe: 26 million versus the three-analyst average estimate of 26.5 million.View all Key Company Metrics for Roblox here>>>
Shares of Roblox have returned -13.5% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
For the quarter ended June 2026, Strategy (MSTR - Free Report) reported revenue of $122.37 million, up 6.9% over the same period last year. EPS came in at -$24.45, compared to $32.60 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $126.95 million, representing a surprise of -3.61%. The company delivered an EPS surprise of -146.98%, with the consensus EPS estimate being $52.04.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Strategy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Product Licenses and Subscription Services: $66.53 million versus the two-analyst average estimate of $65.65 million.Revenues- Subscription services: $62.86 million versus $60.1 million estimated by two analysts on average.Revenues- Product licenses: $3.67 million compared to the $6.05 million average estimate based on two analysts.View all Key Company Metrics for Strategy here>>>
Shares of Strategy have returned -0.1% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Agree Realty (ADC - Free Report) came out with quarterly funds from operations (FFO) of $1.14 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to FFO of $1.06 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of +0.89%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.12 per share when it actually produced FFO of $1.14, delivering a surprise of +1.79%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
Agree Realty, which belongs to the Zacks REIT and Equity Trust - Retail industry, posted revenues of $205.1 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.67%. This compares to year-ago revenues of $175.53 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 FFO expectations will mostly depend on management's commentary on the earnings call.
Agree Realty shares have added about 11.6% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Agree Realty?While Agree Realty 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 FFO outlook. Not only does this include current consensus FFO 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 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 estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Agree Realty 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 FFO estimate is $1.14 on $206.44 million in revenues for the coming quarter and $4.56 on $818.07 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, REIT and Equity Trust - Retail is currently in the top 27% 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, Tanger (SKT - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This factory outlet mall operator is expected to post quarterly earnings of $0.62 per share in its upcoming report, which represents a year-over-year change of +6.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Tanger's revenues are expected to be $142.51 million, up 6.8% from the year-ago quarter.
Western Union (WU - Free Report) reported $1.01 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 1.3%. EPS of $0.31 for the same period compares to $0.42 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of +0.59%. The company delivered an EPS surprise of -27.91%, with the consensus EPS estimate being $0.43.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Western Union performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Consumer Money Transfer transactions - Total: 73.5 million compared to the 72.29 million average estimate based on four analysts.Consumer Money Transfer - Cross-border principal: 27.2 billion versus the two-analyst average estimate of 27.29 billion.Revenue- Consumer Services: $147.1 million versus $154.74 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +4.3% change.Revenue- Consumer Money Transfer: $866.1 million compared to the $852.19 million average estimate based on five analysts. The reported number represents a change of -2.1% year over year.Segment Operating Income (Loss)- Consumer Services: $23.3 million versus $40.82 million estimated by two analysts on average.Segment Operating Income (Loss)- Consumer Money Transfer: $125.7 million versus $145.48 million estimated by two analysts on average.View all Key Company Metrics for Western Union here>>>
Shares of Western Union have returned +3.1% over the past month versus the Zacks S&P 500 composite's -1.5% 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.
Western Union zveřejní výsledky za 2. čtvrtletí 2026 a výhled na celý rok 2026. Na konferenčním hovoru vystoupí CEO Devin McGranahan a CFO Matthew Cagwin.
The Western Union Company (WU) Q2 2026 Earnings Call July 30, 2026 4:30 PM EDT
Company Participants
Tom Hadley - Head of Investor Relations
Devin McGranahan - President, CEO & Director
Matthew Cagwin - Executive VP & CFO
Conference Call Participants
Tien-Tsin Huang - JPMorgan Chase & Co, Research Division
William Nance - Goldman Sachs Group, Inc., Research Division
Rayna Kumar - Oppenheimer & Co. Inc., Research Division
Darrin Peller - Wolfe Research, LLC
Christopher Svensson - Deutsche Bank AG, Research Division
Timothy Chiodo - UBS Investment Bank, Research Division
Vasundhara Govil - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Operator
Good day, and welcome to the Western Union Second Quarter 2026 Results Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Tom Hadley, Vice President of Investor Relations. Tom, please go ahead.
Tom Hadley
Head of Investor Relations
Thank you. On today's call, we will discuss the company's second quarter and our 2026 full year outlook, and then we will take your questions. The slides that accompany this call and webcast can be found at westernunion.com under the Investor Relations tab and will remain available after the call. Additional operational statistics have been provided in supplemental tables with our press release.
Joining me on the call today is our CEO, Devin McGranahan and our CFO, Matt Cagwin. Today's call is being recorded, and our comments include forward-looking statements. Please refer to the cautionary language in the earnings release and in Western Union's filings with the Securities and Exchange Commission, including the 2025 Form 10-K for additional information concerning factors that could cause actual results to differ materially from the forward-looking statements.
During the call, we will discuss some items that do not conform to generally accepted accounting principles. Where possible, we have reconciled those items
Universal Display vykázala za čtvrtletí tržby ve výši 152,16 milionu USD, meziročně o 11,4 % méně, a EPS 1,06 USD oproti 1,41 USD loni. Tržby byly o 3,93 % pod odhadem Wall Street.
Universal Display Corp. (OLED - Free Report) reported $152.16 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 11.4%. EPS of $1.06 for the same period compares to $1.41 a year ago.
The reported revenue represents a surprise of -3.93% over the Zacks Consensus Estimate of $158.37 million. With the consensus EPS estimate being $1.04, the EPS surprise was +1.92%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Universal Display performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Material sales: $66.19 million versus $87.29 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -25.3% change.Revenue- Contract research services: $4.75 million versus the three-analyst average estimate of $6.15 million. The reported number represents a year-over-year change of -36.4%.Revenue- Royalty and license fees: $81.21 million versus $64.97 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.3% change.View all Key Company Metrics for Universal Display here>>>
Shares of Universal Display have returned -3.5% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
For the quarter ended June 2026, Olin (OLN - Free Report) reported revenue of $1.74 billion, down 0.9% over the same period last year. EPS came in at $0.07, compared to $0.05 in the year-ago quarter.
The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $1.72 billion. With the consensus EPS estimate being $0.07, the company has not delivered EPS surprise.
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 Olin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Sales- Epoxy: $422.1 million compared to the $376.11 million average estimate based on three analysts. The reported number represents a change of +27.5% year over year.Sales- Chlor Alkali Products and Vinyls: $819.5 million versus the three-analyst average estimate of $884.61 million. The reported number represents a year-over-year change of -16.3%.Sales- Winchester: $500.3 million versus $493.57 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change.Income (Loss) before Taxes- Winchester: $28.1 million compared to the $16.96 million average estimate based on two analysts.Income (Loss) before Taxes- Epoxy: $16 million versus the two-analyst average estimate of $7.35 million.View all Key Company Metrics for Olin here>>>
Shares of Olin have returned +13.3% over the past month versus the Zacks S&P 500 composite's -1.5% 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.
Ryan Specialty Group (RYAN - Free Report) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +21.31%. A quarter ago, it was expected that this insurance company would post earnings of $0.43 per share when it actually produced earnings of $0.47, delivering a surprise of +9.3%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Ryan Specialty, which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $916.65 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.91%. This compares to year-ago revenues of $855.17 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.
Ryan Specialty shares have lost about 10% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Ryan Specialty?While Ryan Specialty 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 Ryan Specialty 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 $0.51 on $805.01 million in revenues for the coming quarter and $2.06 on $3.27 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 - Brokerage is currently in the bottom 35% 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, Accelerant Holdings (ARX - Free Report) , 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 earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of +14.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Accelerant Holdings' revenues are expected to be $274.08 million, up 25.1% from the year-ago quarter.
Huntsman (HUN - Free Report) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to a loss of $0.2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -100.00%. A quarter ago, it was expected that this chemical company would post a loss of $0.23 per share when it actually produced a loss of $0.2, delivering a surprise of +13.04%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Huntsman, which belongs to the Zacks Chemical - Diversified industry, posted revenues of $1.66 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.56%. This compares to year-ago revenues of $1.46 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Huntsman shares have added about 19.6% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Huntsman?While Huntsman 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 Huntsman 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 $0.06 on $1.53 billion in revenues for the coming quarter and -$0.22 on $5.93 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Diversified is currently in the top 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, LyondellBasell (LYB - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.
This oil refiner and chemical company is expected to post quarterly earnings of $3.56 per share in its upcoming report, which represents a year-over-year change of +474.2%. The consensus EPS estimate for the quarter has been revised 21.4% lower over the last 30 days to the current level.
LyondellBasell's revenues are expected to be $8.9 billion, up 16.2% from the year-ago quarter.
Schneider National (SNDR) za 2. čtvrtletí vykázala zisk na akcii 0,29 USD, nad odhadem 0,22 USD, a tržby 1,57 miliardy USD, obojí nad odhady analytiků. Zisk byl o 31,82 % vyšší než konsensus.
Schneider National (SNDR - Free Report) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +31.82%. A quarter ago, it was expected that this trucking company would post earnings of $0.11 per share when it actually produced earnings of $0.12, delivering a surprise of +9.09%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Schneider National, which belongs to the Zacks Transportation - Services industry, posted revenues of $1.57 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.02%. This compares to year-ago revenues of $1.42 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.
Schneider National shares have added about 32.9% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Schneider National?While Schneider National 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 Schneider National was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.25 on $1.55 billion in revenues for the coming quarter and $0.91 on $5.99 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, Transportation - Services is currently in the top 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.
Matson (MATX - 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 3.
This ocean transportation and logistics services company is expected to post quarterly earnings of $3.74 per share in its upcoming report, which represents a year-over-year change of +28.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Matson's revenues are expected to be $906.81 million, up 9.2% from the year-ago quarter.
AptarGroup (ATR - Free Report) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.66 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.97%. A quarter ago, it was expected that this maker of consumer-product dispensing systems would post earnings of $1.15 per share when it actually produced earnings of $1.19, delivering a surprise of +3.48%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
AptarGroup, which belongs to the Zacks Containers - Paper and Packaging industry, posted revenues of $1.03 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.32%. This compares to year-ago revenues of $966.01 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.
AptarGroup shares have added about 11.7% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for AptarGroup?While AptarGroup 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 AptarGroup 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 $1.40 on $994.91 million in revenues for the coming quarter and $5.41 on $3.94 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, Containers - Paper and Packaging is currently in the bottom 19% 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, Graphic Packaging (GPK - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This packaging company is expected to post quarterly earnings of $0.11 per share in its upcoming report, which represents a year-over-year change of -73.8%. The consensus EPS estimate for the quarter has been revised 6.5% lower over the last 30 days to the current level.
Graphic Packaging's revenues are expected to be $2.19 billion, down 0.6% from the year-ago quarter.
Generální ředitel Ameriprise Financial James M. Cracchiolo prodal 52 932 akcií za 545,69 USD za kus po uplatnění opcí. Po transakci stále drží přímo 107 633 akcií.
James M. Cracchiolo, the chairman and CEO of Ameriprise Financial, Inc. (AMP +0.77%), disposed of 52,932 shares at $545.69 per share on July 28, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$28.9 millionShares sold (directly held)52,932Post-transaction shares (directly held)107,633Post-transaction shares (indirectly held)1,738Post-transaction value$59.78 millionTransaction value based on SEC Form 4 weighted average sale price ($545.69); post-transaction value based on July 28, 2026 market close ($546.62).
Key questionsWhat were the mechanics of this disposition?
The transaction was initiated by the exercise of 52,932 stock options at a strike price of $165.41. To cover the resulting tax liabilities, James M. Cracchiolo had 34,912 shares withheld by the company, while the remaining 18,020 shares were sold in the open market at weighted average prices ranging from $545.00 to $546.67.How are the CEO's remaining shares distributed?
After the reported activity, the CEO holds 107,633 shares directly. The executive also maintains indirect ownership of 1,738 shares held through the Ameriprise Financial Stock Fund within the firm's 401(k) plan.What is the current valuation context for Ameriprise Financial?
The transaction was executed at $545.69 per share, slightly below the trade-date market close of $546.62. As of the July 29, 2026 market close, the stock was priced at $540.29, giving the company a total market capitalization of $48.6 billion.Company OverviewMetricValueShare Price (as of market close 2026-07-29)$540.29Market Capitalization$48.6 billionRevenue (TTM)$18.9 billionNet Income (TTM)$3.9 billionCompany SnapshotAmeriprise Financial provides comprehensive financial planning, asset management, and insurance services across multiple business segments, including Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other operations.The company generates revenue through advisory fees, asset management fees, insurance premiums, and brokerage commissions, leveraging its integrated platform to serve retail clients, businesses, and institutional investors.Ameriprise targets affluent individuals and households seeking comprehensive wealth management solutions, as well as institutional clients requiring sophisticated asset management and retirement planning services.Ameriprise Financial operates as a diversified financial services holding company with a market capitalization of $48.6 billion. The company maintains a competitive position through its integrated business model that combines advisory services, asset management capabilities, and insurance products to deliver comprehensive wealth management solutions. With TTM revenue of $18.9 billion and net income of $3.9 billion, Ameriprise demonstrates substantial scale and profitability within the asset management and financial services sector.
What this transaction means for investorsOptions struck at $165.41 against a stock near $546 is a spread of roughly $380 a share, and Cracchiolo exercised almost 53,000 of them in one move. Most of the resulting shares, 34,912, went straight back to cover taxes. Plus, he still holds 107,633 shares directly. For a long-time CEO (of over 20 years) cashing in an option grant near record highs, this is pretty standard, and it tells you little beyond that the options were deep in the money.
The results underneath, meanwhile, are strong, even if the stock performance is tepid. Ameriprise grew second-quarter revenue 13% to nearly $5 billion, lifted adjusted operating earnings per share 22% to $11.07, and pushed return on equity to a solid 55%. Assets under management, administration, and advisement climbed 14% to $1.8 trillion. Cracchiolo said the company "delivered another great quarter,” which saw the firm return $932 million to shareholders. Of course, investors might want to see some more momentum in the stock, with shares up only about 5% over the past year despite 22% earnings growth. That effectively means the market is paying less per dollar Ameriprise earns, and either it re-rates, or growth has to keep outrunning a skeptical multiple.
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About the Author
Jonathan Ponciano is a contributing stock market analyst at The Motley Fool. He has nearly a decade of experience as a financial journalist, most recently as an editor and senior reporter at Forbes focused on markets, technology, and entrepreneurship. Jonathan has also written for Investopedia and the Los Angeles Business Journal. He holds a dual B.A. in Business Journalism and Economics from the University of North Carolina at Chapel Hill and an M.B.A. from Columbia Business School. A North Carolina native now based in New York City, Jonathan has also lived in Mexico City and Los Angeles.
DXC Technology Company. (DXC - Free Report) came out with quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -4.76%. A quarter ago, it was expected that this company would post earnings of $0.74 per share when it actually produced earnings of $0.77, delivering a surprise of +4.05%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
DXC Technology, which belongs to the Zacks Computers - IT Services industry, posted revenues of $3 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.46%. This compares to year-ago revenues of $3.16 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
DXC Technology shares have lost about 19.7% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for DXC Technology?While DXC Technology 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 DXC Technology 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 $0.73 on $3.04 billion in revenues for the coming quarter and $2.61 on $12.19 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the top 34% 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.
Stem, Inc. (STEM - 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 12.
This company is expected to post quarterly loss of $1.76 per share in its upcoming report, which represents a year-over-year change of +52.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Stem, Inc.'s revenues are expected to be $31.6 million, down 17.6% from the year-ago quarter.
The Bancorp (TBBK - Free Report) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +6.62%. A quarter ago, it was expected that this holding company for The Bancorp Bank would post earnings of $1.34 per share when it actually produced earnings of $1.41, delivering a surprise of +5.22%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
The Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $163.51 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.91%. This compares to year-ago revenues of $181.24 million. 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.
The Bancorp shares have added about 0.1% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for The Bancorp?While The Bancorp 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 The Bancorp 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 $1.42 on $167.68 million in revenues for the coming quarter and $5.95 on $678.77 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
StoneX Group Inc. (SNEX - Free Report) , another stock in the broader Zacks Finance sector, has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly earnings of $0.76 per share in its upcoming report, which represents a year-over-year change of +40.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
StoneX Group Inc.'s revenues are expected to be $1.32 billion, up 28.5% from the year-ago quarter.
Columbia Sportswear (COLM - Free Report) came out with a quarterly loss of $0.41 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this maker of outdoor gear would post earnings of $0.35 per share when it actually produced earnings of $0.65, delivering a surprise of +85.71%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Columbia Sportswear, which belongs to the Zacks Textile - Apparel industry, posted revenues of $614.36 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.45%. This compares to year-ago revenues of $605.25 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.
Columbia Sportswear shares have added about 15.4% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Columbia Sportswear?While Columbia Sportswear 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 Columbia Sportswear 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 $1.58 on $976.76 million in revenues for the coming quarter and $3.86 on $3.49 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, Textile - Apparel 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.
One other stock from the same industry, Kontoor Brands (KTB - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.
This maker of Wrangler and Lee apparel is expected to post quarterly earnings of $1.05 per share in its upcoming report, which represents a year-over-year change of -13.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Kontoor Brands' revenues are expected to be $588.97 million, down 10.5% from the year-ago quarter.
4 Cold-Weather Stocks to Buy as Winter Spending Heats UpColumbia Sportswear NASDAQ: COLM reported second-quarter net sales growth that exceeded its guidance, supported by international markets and e-commerce, while U.S. store traffic and consumer spending pressures continued to weigh on domestic results.
Net sales increased 2% from a year earlier to $614 million. Chairman and Chief Executive Officer Tim Boyle said international sales, which account for more than 40% of company revenue, rose 9% year over year, while U.S. sales declined 4%.
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Tariff Troubles: 3 Stocks Planning Higher PricesReported profitability was materially affected by refunds of previously paid U.S. IEEPA tariffs. Columbia recognized about $78 million in tariff refunds and interest during the quarter, including a $60 million benefit to operating margin, primarily through lower cost of sales, and $2 million of interest income. Another $15 million was recorded as a reduction to inventory.
Including the refunds, gross margin expanded 920 basis points to 58.3% and earnings per share were $0.52. Excluding the tariff-refund impact, the company said it would have reported a loss per share of $0.41, roughly in line with the midpoint of its guidance range. Excluding refunds, gross margin declined 50 basis points, reflecting incremental tariffs and increased discounting.
U.S. weakness offset by international growth VF Corp's Comeback Story: Supreme Sale and Cost Cuts Boost StockBoyle said U.S. direct-to-consumer brick-and-mortar traffic softened during the quarter as inflationary pressure affected discretionary spending. The weaker traffic led to higher discounts and lower-than-expected store sales. U.S. direct-to-consumer sales declined slightly, with store closures and softer traffic largely offset by improved conversion.
U.S. wholesale sales declined by a high-single-digit percentage, primarily because of a lower spring 2026 wholesale order book. However, Chief Financial Officer Jim Swanson said order conversion was stronger than anticipated.
U.S. e-commerce rose by a low-single-digit percentage and exceeded plan, driven by the company’s emerging brands. Columbia-brand e-commerce in the U.S. declined by a low-single-digit percentage, though Boyle cited improving measures including new-customer acquisition.
Swanson said the U.S. store-traffic decline became most pronounced in the middle to latter part of April and then remained relatively stable through the quarter. The company expects continued consumer pressure, promotional activity and higher outbound freight costs in the second half.
International performance was stronger across several markets. On a constant-currency basis, LAAP sales rose 13%, including mid-single-digit growth in China, low-double-digit growth in Japan and Korea, and mid-20% growth in distributor markets. EMEA sales increased by a high-single-digit percentage, while Canada sales declined by a high-single-digit percentage, largely due to wholesale shipment timing and lower spring orders.
Boyle said China remains a major growth opportunity for the company, despite weather and macroeconomic disruptions. Swanson said Columbia still expects China to be among its fastest-growing markets for the year and is tracking toward double-digit growth, aided by e-commerce and the second-half wholesale order book.
Footwear and emerging brands show momentum Columbia-brand sales increased 1%, as international growth more than offset U.S. declines. Footwear was a notable area of strength, with global sales up by a high-single-digit percentage. Boyle said technical footwear styles featuring Omni-Max technology performed particularly well, including the Tellurax and Peakfreak hiking lines, Konos trail-running products and Dry Tortuga fishing footwear.
The Tellurax Titanium Outdry trail shoe sold out during the quarter after being featured in a campaign with brand ambassador Robert Irwin, according to Boyle. He said the campaign generated more than 3.7 million views and more than 300,000 likes across digital platforms.
Among emerging brands, prAna sales rose 14%, aided by double-digit wholesale growth and high-single-digit e-commerce growth. Mountain Hardwear sales increased 6%, driven by double-digit direct-to-consumer growth, partly offset by lower wholesale closeout sales. SOREL sales declined 14%, largely due to later wholesale shipment timing, though the company expects a stronger second half for the brand.
The company also announced that Joe Vernachio had returned to lead SOREL as president. Boyle said Columbia expects growth in both SOREL wholesale and direct-to-consumer channels during the second half.
Order-book outlook and supply-chain shifts Columbia said its spring 2027 wholesale order book is nearly complete, with about 90% of orders received. Current indications point to low- to mid-single-digit percentage growth, with contributions across brands and geographies, including the U.S. Columbia brand. Footwear growth is expected to outpace apparel growth, and Swanson said growth appears similar in both dollar and unit terms, with no meaningful pricing change embedded in the order book.
The company continues to expect low- to mid-single-digit growth in U.S. wholesale for the fall 2026 season. However, supply-chain disruptions are expected to shift a meaningful amount of fall shipments from the third quarter into the fourth quarter.
Swanson said the shift is greater than $30 million and is global in nature, though predominantly North America-focused. He cited longer logistics lead times related to the Middle East conflict, capacity constraints in a supply-chain node and a rush by importers to move goods into the U.S. under current tariff rates. Adjusted for timing, the company expects third- and fourth-quarter sales growth rates to be relatively similar, in the 4% to 5% range, with the fourth quarter somewhat stronger.
Full-year outlook maintained despite increased risks For the third quarter, Columbia expects sales to range from down 1.5% to flat compared with the prior year and diluted earnings per share of $1.15 to $1.35. The outlook assumes a gross-margin decline and slight SG&A deleverage.
For the full year, the company maintained its net-sales outlook for growth of 1% to 3%. It raised reported gross-margin guidance to 52.1% to 52.3%, representing an increase of 160 to 180 basis points, and raised operating-margin guidance to 8.5% to 9.3%. Reported diluted earnings-per-share guidance was raised to $4.45 to $4.90.
The revised outlook assumes current U.S. tariff rates of 10% to 12.5% remain in effect through year-end. Columbia expects the remaining $15 million inventory-related tariff-refund benefit to be recognized relatively evenly in the third and fourth quarters, though factory-partner accommodations are expected to create a net gross-margin headwind in the third quarter and a tailwind in the fourth quarter.
Columbia ended the quarter with inventories down 6% in dollars and 7% in units from a year earlier, $625 million in cash and short-term investments, and no debt.
About Columbia Sportswear (NASDAQ:COLM)Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.
Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.
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Eversource Energy (ES - Free Report) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.14%. A quarter ago, it was expected that this New England power provider would post earnings of $1.59 per share when it actually produced earnings of $1.73, delivering a surprise of +8.81%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Eversource, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $2.9 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 7.63%. This compares to year-ago revenues of $2.84 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Eversource shares have added about 11% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Eversource?While Eversource 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 Eversource 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 $1.02 on $3.49 billion in revenues for the coming quarter and $4.64 on $14.56 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, Utility - Electric Power is currently in the bottom 34% 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.
Consolidated Edison (ED - 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 6.
This utility is expected to post quarterly earnings of $0.74 per share in its upcoming report, which represents a year-over-year change of +10.5%. The consensus EPS estimate for the quarter has been revised 6.8% higher over the last 30 days to the current level.
Consolidated Edison's revenues are expected to be $3.74 billion, up 4.2% from the year-ago quarter.
Quaker Chemical ve 2. čtvrtletí vykázala zisk na akcii 2,19 USD a tržby 532,55 mil. USD, obojí nad odhady. Zisk na akcii byl o 30,36 % vyšší než konsensus.
Quaker Chemical (KWR - Free Report) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +30.36%. A quarter ago, it was expected that this specialty chemical company would post earnings of $1.66 per share when it actually produced earnings of $1.63, delivering a surprise of -1.81%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Quaker Chemical, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $532.55 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.05%. This compares to year-ago revenues of $483.4 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.
Quaker Chemical shares have added about 8.4% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Quaker Chemical?While Quaker Chemical 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 Quaker Chemical was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.03 on $520.59 million in revenues for the coming quarter and $7.16 on $2.01 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the top 34% 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.
Balchem (BCPC - 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 July 31.
This chemical company is expected to post quarterly earnings of $1.40 per share in its upcoming report, which represents a year-over-year change of +10.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Balchem's revenues are expected to be $268.5 million, up 5.1% from the year-ago quarter.
For the quarter ended June 2026, Guardant Health (GH - Free Report) reported revenue of $334.98 million, up 44.3% over the same period last year. EPS came in at -$0.42, compared to -$0.44 in the year-ago quarter.
The reported revenue represents a surprise of +6.01% over the Zacks Consensus Estimate of $316 million. With the consensus EPS estimate being -$0.40, the EPS surprise was -5%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Guardant Health performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Shield screening tests: 66,000 versus the three-analyst average estimate of 52,118.Total tests performed (oncology tests): 104,000 versus the three-analyst average estimate of 89,203.Revenue- Oncology: $219.11 million compared to the $211.43 million average estimate based on four analysts. The reported number represents a change of +38.1% year over year.Revenue- Licensing and other: $2.06 million versus the four-analyst average estimate of $2.1 million. The reported number represents a year-over-year change of -19.8%.Revenue- Screening: $52.87 million versus the four-analyst average estimate of $44.83 million. The reported number represents a year-over-year change of +256.9%.Revenue- Biopharma and data: $60.95 million compared to the $57.89 million average estimate based on four analysts. The reported number represents a change of +8.8% year over year.View all Key Company Metrics for Guardant Health here>>>
Shares of Guardant Health have returned -15.6% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Ingersoll Rand (IR - Free Report) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.8 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.61%. A quarter ago, it was expected that this maker of flow control and compression equipment would post earnings of $0.74 per share when it actually produced earnings of $0.77, delivering a surprise of +4.05%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Ingersoll, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $2.05 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.52%. This compares to year-ago revenues of $1.89 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Ingersoll shares have added about 6.8% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Ingersoll?While Ingersoll 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 Ingersoll 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 $0.90 on $2.01 billion in revenues for the coming quarter and $3.49 on $7.94 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, Manufacturing - General Industrial is currently in the top 23% 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, Broadwind Energy, Inc. (BWEN - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 11.
This company is expected to post quarterly loss of $0.01 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.
Broadwind Energy, Inc.'s revenues are expected to be $34 million, down 13.4% from the year-ago quarter.
Floor & Dcor (FND - Free Report) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.57 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 +1.75%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.37, delivering a surprise of -11.9%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Floor & Dcor, which belongs to the Zacks Retail - Home Furnishings industry, posted revenues of $1.25 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.18%. This compares to year-ago revenues of $1.21 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Floor & Dcor shares have lost about 8.4% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Floor & Dcor?While Floor & Dcor 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 Floor & Dcor was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.58 on $1.23 billion in revenues for the coming quarter and $1.94 on $4.85 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Home Furnishings is currently in the bottom 35% 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.
Haverty Furniture (HVT - 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 4.
This residential furniture and accessories retailer is expected to post quarterly earnings of $0.23 per share in its upcoming report, which represents a year-over-year change of +43.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Haverty Furniture's revenues are expected to be $189.28 million, up 4.6% from the year-ago quarter.
Dolby Laboratories (DLB - 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 $0.78 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 creator and licensor of audio, video and voice technologies would post earnings of $1.31 per share when it actually produced earnings of $1.37, delivering a surprise of +4.58%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Dolby Laboratories, which belongs to the Zacks Audio Video Production industry, posted revenues of $305 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.79%. This compares to year-ago revenues of $315.55 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.
Dolby Laboratories shares have lost about 18.2% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Dolby Laboratories?While Dolby Laboratories 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 Dolby Laboratories 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 $1.21 on $347.46 million in revenues for the coming quarter and $4.31 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, Audio Video Production is currently in the bottom 26% 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.
LiveOne (LVO - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly loss of $0.24 per share in its upcoming report, which represents a year-over-year change of +40%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
LiveOne's revenues are expected to be $21.71 million, up 13% from the year-ago quarter.
CEO společnosti Darden Restaurants Ricardo Cardenas prodal 39 134 akcií za 8,2 milionu USD v rámci bezhotovostního uplatnění opcí. LongHorn Steakhouse mezitím zaznamenal růst tržeb ve srovnatelných restauracích o 9,5 %, zatímco Olive Garden jen o 2,4 %.
Ricardo Cardenas, President and CEO of Darden Restaurants, Inc. (DRI -2.48%), sold 39,134 shares of common stock on July 28, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueShares sold39,134Transaction value$8.2 millionPost-transaction shares (directly held)86,145Post-transaction value$17.83 millionTransaction value based on SEC Form 4 weighted average sale price ($209.06); post-transaction value based on July 28, 2026 market close ($206.98).
Key questionsWhat was the primary driver of this transaction?
The activity was a cashless exercise of 39,134 stock options at a strike price of $124.24, allowing the executive to realize the spread between the exercise price and the $209.06 execution price while disposing of the underlying shares immediately.How does this affect the insider's total equity exposure?
Despite the 31% reduction in direct holdings, Ricardo Cardenas remains a significant stakeholder with 86,145 shares held directly and additional derivative securities.Company OverviewMetricValueShare Price (as of market close 2026-07-29)$212.23Market Capitalization$24.3 billionRevenue (TTM)$13.2 billionNet Income (TTM)$1.2 billionCompany SnapshotDarden Restaurants operates a diverse portfolio of full-service dining establishments across the United States and Canada, generating revenue primarily through restaurant operations across its flagship brands including Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchens, Yard House, Capital Grille, and Seasons 52.The company generates revenue through the direct operation of company-managed restaurants, leveraging a multi-brand strategy that spans casual dining, steakhouse, and upscale dining segments to optimize market penetration and customer acquisition across diverse demographic segments.Darden's primary customer base comprises middle to upper-middle income consumers seeking full-service dining experiences, with particular strength in family dining and special occasion dining across North American markets.Darden Restaurants is a leading full-service restaurant operator with a market capitalization of $24 billion and TTM revenues of $13.2 billion, positioning it as a significant player in the casual and upscale dining segment. The company's multi-brand portfolio strategy enables diversified revenue streams across varying price points and dining occasions. Darden's competitive advantages include established brand equity, operational efficiency in restaurant management, and a geographically diversified footprint that mitigates regional economic volatility.
What this transaction means for investorsOptions struck at $124.24 against a stock trading near $209 is an $85 spread, and Cardenas converted 39,134 of them in one cashless move, selling the shares the same day. That surrenders 31% of his direct holdings, a bigger bite than most executive filings, but he still holds 86,145 shares plus a significant number of options. Cashing out a large in-the-money grant is exactly what you'd expect a CEO to do with vested compensation, and it says little about the road ahead.
Darden's own road is a study in contrasts by brand. Fourth-quarter sales for its fiscal year (reported last month) rose 13.7% to $3.7 billion, but the results were split: LongHorn Steakhouse posted 9.5% same-restaurant sales growth while flagship Olive Garden managed only 2.4%, missing expectations. Management guided fiscal 2027 to slower blended growth of 2.5% to 3.5%. Cardenas said the portfolio has grown "more balanced and more diversified" over seven years. For long-term investors, that Olive Garden softness is an important number to track. It's still the biggest brand at 42% of sales, so its deceleration could end up mattering more than LongHorn's strength, and management's cautious guidance suggests the slowdown may carry into the new year.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
CFO společnosti Darden Restaurants Rajesh Vennam prodal 8 478 akcií za 1,8 milionu USD 29. července 2026 a snížil svůj přímý podíl na 8 569 akcií. Firma zároveň varuje, že inflace hovězího za fiskální rok 2027 má být v nízkých jednotkách procent.
Rajesh Vennam, the CFO of Darden Restaurants (DRI -2.48%), sold 8,478 shares of common stock on July 29, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$1.8 millionShares sold8,478Post-transaction shares (directly held)8,569Post-transaction value$1.82 millionTransaction value based on SEC Form 4 weighted average sale price ($210.00); post-transaction value based on July 29, 2026 market close ($212.23).
Key questionsHow did this transaction affect the CFO's direct equity exposure?
Rajesh Vennam reduced his direct common stock position from 17,047 shares to 8,569 shares.What is the current valuation context for Darden Restaurants?
As of the July 29, 2026, market close, the company had a market capitalization of $24 billion and was priced at $212.23. This represents a 5% one-year total return as of the transaction date, while the company maintains a trailing-twelve-month revenue base of $13.2 billion and net income of $1.2 billion.Company OverviewMetricValueShare Price (as of market close 2026-07-29)$212.23Market Capitalization$24 billionRevenue (TTM)$13.2 billionNet Income (TTM)$1.2 billionCompany SnapshotDarden Restaurants operates a diversified portfolio of full-service dining establishments across the United States and Canada, generating revenue through restaurant operations and food service delivery across multiple branded concepts, including Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, Capital Grille, and Seasons 52.The company's business model centers on the ownership and operation of company-managed restaurants that generate revenue through food and beverage sales, with a focus on casual and upscale dining segments that emphasize consistent execution, operational efficiency, and brand differentiation.Darden's primary customers are middle to upper-middle income consumers seeking casual to upscale dining experiences, with the company's portfolio strategically positioned to capture demand across multiple price points and dining occasions in both the United States and Canadian markets.Darden Restaurants operates one of the largest full-service restaurant portfolios in North America, with approximately 1,867 company-managed locations generating $13.2 billion in TTM revenue. The company maintains a competitive advantage through its multi-brand strategy, which allows it to serve diverse customer preferences and dining occasions while leveraging operational scale and supply chain efficiencies across its portfolio. With a market capitalization of $24.3 billion and net income of $1.2 billion TTM, Darden demonstrates strong profitability and market positioning within the consumer cyclical restaurant sector.
What this transaction means for investorsVennam sold at $210, a shade under where the stock closed that day, trimming his directly held shares to 8,569. On its face, that looks like a big cut, but it misses the fuller picture: He still holds close to 15,000 options, according to the Form 4 filing, so his economic exposure to Darden is largely intact. A finance chief converting a slice of vested stock into cash while keeping the bulk of his upside in options is doing ordinary diversification, not backing away, and the timing days after the fiscal year closed is when insiders often act.
The numbers he oversees, meanwhile, show a company managing cost pressure well. Darden crossed $13 billion in annual sales for the first time, with fiscal 2026 adjusted earnings up 11.4% to $10.64 per share. Margins will be important to watch, though: Restaurant-level EBITDA margin compressed 20 basis points in the fourth quarter on elevated commodity costs. On the earnings call, Vennam said beef inflation for fiscal 2027 is "projected to be low single digits." For long-term investors, that beef inflation could be the swing factor. Darden's brands are performing, but the CFO's own words flag the cost line that could squeeze an otherwise steady year.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Arthur J. Gallagher vykázala za čtvrtletí končící v červnu 2026 výnosy 3,96 miliardy USD, což je meziročně o 24,5 % více, ale pod odhadem 4,03 miliardy USD. EPS činil 2,84 USD, v souladu s odhadem.
Arthur J. Gallagher (AJG - Free Report) reported $3.96 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 24.5%. EPS of $2.84 for the same period compares to $2.33 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.03 billion, representing a surprise of -1.96%. The company has not delivered EPS surprise, with the consensus EPS estimate being $2.84.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Arthur J. Gallagher performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Brokerage - Compensation expense ratio: 57.6% compared to the 56.3% average estimate based on three analysts.Risk Management Segment - Operating expense ratio: 18.3% compared to the 18.3% average estimate based on three analysts.Risk Management Segment - Compensation expense ratio: 60.5% compared to the 58.9% average estimate based on three analysts.Brokerage - Operating expense ratio: 15.3% versus 13.8% estimated by three analysts on average.Revenues- Total Company- Fees: $1.18 billion versus the four-analyst average estimate of $1.2 billion. The reported number represents a year-over-year change of +22.9%.Revenues- Total Company- Interest income, premium finance revenues and other income: $98 million compared to the $83.8 million average estimate based on four analysts. The reported number represents a change of -57.9% year over year.Revenues- Risk Management Segment- Revenues before reimbursements: $453 million compared to the $429.57 million average estimate based on four analysts. The reported number represents a change of +15.6% year over year.Revenues- Brokerage Segment- Supplemental revenues: $141 million versus the three-analyst average estimate of $112.84 million. The reported number represents a year-over-year change of +37.2%.Revenues- Brokerage Segment- Contingent revenues: $91 million versus $83.19 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +25.2% change.Revenues- Brokerage Segment- Interest income, premium finance revenues and other income: $90 million versus $77.62 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -59.7% change.Revenues- Risk Management Segment- Fees: $445 million versus $425.31 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +16.1% change.Revenues- Risk Management Segment- Interest income and other income: $8 million versus the three-analyst average estimate of $8.11 million. The reported number represents a year-over-year change of -7%.View all Key Company Metrics for Arthur J. Gallagher here>>>
Shares of Arthur J. Gallagher have returned +12.2% over the past month versus the Zacks S&P 500 composite's -1.5% 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.
Akcie AutoZone (AZO) v poslední obchodní den klesly o 4,32 % na 3 006,57 USD, zatímco S&P 500 vzrostl o 1,66 %. Za poslední měsíc akcie odepsaly 2,36 %.
AutoZone (AZO - Free Report) closed the most recent trading day at $3,006.57, moving -4.32% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
Heading into today, shares of the auto parts retailer had lost 2.36% over the past month, lagging the Retail-Wholesale sector's gain of 0.61% and the S&P 500's loss of 1.49%.
The upcoming earnings release of AutoZone will be of great interest to investors. It is anticipated that the company will report an EPS of $55.08, marking a 13.08% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $6.71 billion, reflecting a 7.52% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $150.39 per share and revenue of $20.48 billion, indicating changes of +3.81% and +8.13%, respectively, compared to the previous year.
Any recent changes to analyst estimates for AutoZone should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.08% lower. Currently, AutoZone is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, AutoZone is holding a Forward P/E ratio of 20.89. This valuation marks a premium compared to its industry average Forward P/E of 20.38.
Also, we should mention that AZO has a PEG ratio of 1.6. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Automotive - Retail and Wholesale - Parts stocks are, on average, holding a PEG ratio of 1.8 based on yesterday's closing prices.
The Automotive - Retail and Wholesale - Parts industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 46, putting it in the top 19% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
LPL Financial vykázala ve čtvrtletí výnosy 5,05 miliardy USD, meziročně o 34,5 % více, a EPS 5,84 USD, oproti 4,51 USD před rokem a nad odhadem 5,39 USD.
For the quarter ended June 2026, LPL Financial Holdings Inc. (LPLA - Free Report) reported revenue of $5.05 billion, up 34.5% over the same period last year. EPS came in at $5.84, compared to $4.51 in the year-ago quarter.
The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $5.03 billion. With the consensus EPS estimate being $5.39, the EPS surprise was +8.35%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how LPL Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Advisory and Brokerage Assets - Brokerage assets: $1,014.30 billion versus $963.52 billion estimated by three analysts on average.Advisory and Brokerage Assets - Total: $2,562.70 billion versus $2,411.01 billion estimated by three analysts on average.Advisory and Brokerage Assets - Advisory assets: $1,548.40 billion versus $1,447.46 billion estimated by three analysts on average.Advisors: 32,475 versus 32,219 estimated by three analysts on average.Revenue- Commission- Total: $1.23 billion versus the four-analyst average estimate of $1.21 billion. The reported number represents a year-over-year change of +18.7%.Revenue- Service and fee: $208.88 million versus the four-analyst average estimate of $202.83 million. The reported number represents a year-over-year change of +37.6%.Revenue- Asset-based - Client cash: $443.5 million versus $463.47 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.Revenue- Asset-based- Total: $835.14 million compared to the $848.04 million average estimate based on four analysts. The reported number represents a change of +18.9% year over year.Revenue- Transaction: $83.22 million versus $88.07 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +37.5% change.Revenue- Asset-based - Other asset-based: $391.64 million versus the four-analyst average estimate of $384.57 million. The reported number represents a year-over-year change of +28.4%.Revenue- Advisory: $2.63 billion compared to the $2.64 billion average estimate based on four analysts. The reported number represents a change of +53.3% year over year.Revenue- Commission- Sales-based: $728.16 million versus $712.84 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.5% change.View all Key Company Metrics for LPL Financial here>>>
Shares of LPL Financial have returned +15.2% over the past month versus the Zacks S&P 500 composite's -1.5% 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.
Chewy uzavřela na 22,82 USD, což znamená denní pokles o 2,06 % i přes růst širšího trhu. Investoři sledují nadcházející výsledky, kde se čeká EPS 0,36 USD a výnosy 3,32 miliardy USD.
In the latest trading session, Chewy (CHWY - Free Report) closed at $22.82, marking a -2.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.66%. At the same time, the Dow added 1.19%, and the tech-heavy Nasdaq gained 2.78%.
Coming into today, shares of the online pet store had gained 13.11% in the past month. In that same time, the Retail-Wholesale sector gained 0.61%, while the S&P 500 lost 1.49%.
The upcoming earnings release of Chewy will be of great interest to investors. The company is predicted to post an EPS of $0.36, indicating a 9.09% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $3.32 billion, indicating a 6.83% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.53 per share and a revenue of $13.49 billion, representing changes of +20.47% and +7.06%, respectively, from the prior year.
Any recent changes to analyst estimates for Chewy should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Chewy possesses a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Chewy has a Forward P/E ratio of 15.25 right now. This signifies a discount in comparison to the average Forward P/E of 16.71 for its industry.
It's also important to note that CHWY currently trades at a PEG ratio of 0.62. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Internet - Commerce industry stood at 1.27 at the close of the market yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Exponent oznámil zisk 0,6 USD na akcii, nad odhadem 0,55 USD, a tržby 148,86 milionu USD, také nad očekáváním. Zisk i tržby překonaly odhady už počtvrté za poslední čtyři čtvrtletí.
Exponent (EXPO - Free Report) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +9.09%. A quarter ago, it was expected that this engineering and scientific consulting company would post earnings of $0.56 per share when it actually produced earnings of $0.59, delivering a surprise of +5.36%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Exponent, which belongs to the Zacks Consulting Services industry, posted revenues of $148.86 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.34%. This compares to year-ago revenues of $132.87 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.
Exponent shares have lost about 5.2% since the beginning of the year versus the S&P 500's gain of 6.9%.
What's Next for Exponent?While Exponent 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 Exponent 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 $0.60 on $146.92 million in revenues for the coming quarter and $2.28 on $586.57 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, Consulting Services is currently in the top 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, Information Services Group (III - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This market advisory service company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Information Services Group's revenues are expected to be $62.75 million, up 1.9% from the year-ago quarter.
