Flowserve (FLS - Free Report) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +10.47%. A quarter ago, it was expected that this company that makes pumps, valves and other parts for the oil and gas industries would post earnings of $0.82 per share when it actually produced earnings of $0.85, delivering a surprise of +3.66%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Flowserve, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.17 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.87%. This compares to year-ago revenues of $1.19 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.
Flowserve shares have added about 5.8% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Flowserve?While Flowserve 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 Flowserve 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 $1.05 on $1.29 billion in revenues for the coming quarter and $4.04 on $4.88 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial 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.
Applied Industrial Technologies (AIT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This industrial products company is expected to post quarterly earnings of $2.91 per share in its upcoming report, which represents a year-over-year change of +3.9%. The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level.
Applied Industrial Technologies' revenues are expected to be $1.29 billion, up 5.6% from the year-ago quarter.
Conmed (CNMD - Free Report) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $1.15 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +25.46%. A quarter ago, it was expected that this medical technology company would post earnings of $0.82 per share when it actually produced earnings of $0.89, delivering a surprise of +8.54%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Conmed, which belongs to the Zacks Medical - Dental Supplies industry, posted revenues of $343.49 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.85%. This compares to year-ago revenues of $342.35 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.
Conmed shares have added about 9% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Conmed?While Conmed 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 Conmed 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 $1.05 on $334.99 million in revenues for the coming quarter and $4.38 on $1.36 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Dental Supplies is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Dentsply International (XRAY - 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 dental products manufacturer is expected to post quarterly earnings of $0.36 per share in its upcoming report, which represents a year-over-year change of -30.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Dentsply International's revenues are expected to be $883.85 million, down 5.6% from the year-ago quarter.
For the quarter ended June 2026, Meritage Homes (MTH - Free Report) reported revenue of $1.4 billion, down 13.8% over the same period last year. EPS came in at $1.42, compared to $2.04 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.43 billion, representing a surprise of -1.78%. The company delivered an EPS surprise of +9.23%, with the consensus EPS estimate being $1.30.
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 Meritage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Home Closing Revenue - Average sales price - Total: $373.00 versus the nine-analyst average estimate of $377.59.Homes ordered - Total: 3,575 compared to the 3,774 average estimate based on nine analysts.Order Backlog - Total: 1,715 compared to the 1,856 average estimate based on eight analysts.Homes closed - Total: 3,725 compared to the 3,750 average estimate based on eight analysts.Active Communities - Ending - Total: 340 compared to the 351 average estimate based on six analysts.Home Orders - Average sales price - Total: $385.00 versus $379.23 estimated by six analysts on average.Homes Ordered Value - Total: $1.38 billion versus the six-analyst average estimate of $1.43 billion.Order Backlog Value - Total: $661.91 million versus the five-analyst average estimate of $725.24 million.Revenue- Total closing revenue (Homebuilding): $1.4 billion compared to the $1.43 billion average estimate based on nine analysts. The reported number represents a change of -13.8% year over year.Revenue- Home closing: $1.39 billion versus $1.42 billion estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a -14.1% change.Revenue- Land closing: $12.72 million versus the nine-analyst average estimate of $8.5 million. The reported number represents a year-over-year change of +53.7%.Revenue- Financial Services: $7.78 million versus the eight-analyst average estimate of $8.69 million. The reported number represents a year-over-year change of -17.4%.View all Key Company Metrics for Meritage here>>>
Shares of Meritage have returned -12.7% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
For the quarter ended June 2026, Q2 Holdings (QTWO - Free Report) reported revenue of $219.77 million, up 12.6% over the same period last year. EPS came in at $0.70, compared to $0.50 in the year-ago quarter.
The reported revenue represents a surprise of +1.26% over the Zacks Consensus Estimate of $217.02 million. With the consensus EPS estimate being $0.67, the EPS surprise was +4.48%.
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 Q2 Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Subscription: $182.77 million versus the three-analyst average estimate of $182.12 million.Revenue- Services and other: $19.07 million versus the three-analyst average estimate of $18.62 million.Revenue- Transactional: $17.92 million versus the three-analyst average estimate of $16.23 million.View all Key Company Metrics for Q2 Holdings here>>>
Shares of Q2 Holdings have returned +23.2% over the past month versus the Zacks S&P 500 composite's +1.9% 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.
In the latest close session, Lennar (LEN - Free Report) was down 3.53% at $84.56. The stock's change was less than the S&P 500's daily loss of 1.52%. Meanwhile, the Dow experienced a drop of 2.19%, and the technology-dominated Nasdaq saw a decrease of 1.74%.
Shares of the homebuilder have depreciated by 3.14% over the course of the past month, outperforming the Construction sector's loss of 8.26%, and lagging the S&P 500's gain of 1.92%.
The upcoming earnings release of Lennar will be of great interest to investors. The company is predicted to post an EPS of $1.31, indicating a 34.5% decline compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.33 billion, down 5.42% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.46 per share and a revenue of $32.27 billion, demonstrating changes of -32.26% and -5.6%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Lennar. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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. Within the past 30 days, our consensus EPS projection has moved 1.22% lower. Lennar currently has a Zacks Rank of #5 (Strong Sell).
Investors should also note Lennar's current valuation metrics, including its Forward P/E ratio of 16.06. This valuation marks a premium compared to its industry average Forward P/E of 14.65.
Meanwhile, LEN's PEG ratio is currently 2.94. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 2.94 based on yesterday's closing prices.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 172, which puts it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Entergy Corporation (ETR) Q2 2026 Earnings Call July 29, 2026 11:00 AM EDT
Company Participants
Liz Hunter - Vice President of Investor Relations
Andrew Marsh - Chairman of the Board & CEO
Kimberly Fontan - Executive VP & CFO
Conference Call Participants
Shahriar Pourreza - Wells Fargo Securities, LLC, Research Division
Jeremy Tonet - JPMorgan Chase & Co, Research Division
Paul Zimbardo - Jefferies LLC, Research Division
Richard Sunderland - Truist Securities, Inc., Research Division
Andrew Weisel - Scotiabank Global Banking and Markets, Research Division
Stephen D’Ambrisi - RBC Capital Markets, Research Division
Presentation
Operator
Thank you for standing by. My name is Greg, and I will be your conference operator today. At this time, I would like to welcome everyone to today's Entergy Corporation Second Quarter Earnings Call and Teleconference. [Operator Instructions] And I will now turn the call over to Liz Hunter, Vice President of Investor Relations for Entergy Corporation. Liz, you have the floor.
Liz Hunter
Vice President of Investor Relations
Good morning. Thank you, Greg, and thanks to everyone for joining this morning. We will begin today with comments from Entergy's Chair and CEO, Drew Marsh; and then Kimberly Fontan, our CFO, will review results.
In today's call, management will make certain forward-looking statements. Actual results could differ materially from these forward-looking statements due to a number of factors, which are set forth in our earnings release, our slide presentation and our SEC filings. Entergy does not assume any obligation to update these forward-looking statements. Management will also discuss non-GAAP financial information. Reconciliations to the applicable GAAP measures are included in today's press release and slide presentation, both of which can be found on the Investor Relations section of our website.
CVR Energy oznámila za čtvrtletí zisk 0,34 USD na akcii a tržby 2,74 miliardy USD, obojí nad odhady. Loni ve stejném období měla ztrátu 0,23 USD na akcii.
CVR Energy (CVI - Free Report) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to a loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +88.89%. A quarter ago, it was expected that this diversified holding company would post a loss of $0.54 per share when it actually produced a loss of $1.24, delivering a surprise of -129.63%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
CVR, which belongs to the Zacks Oil and Gas - Refining and Marketing industry, posted revenues of $2.74 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 26.33%. This compares to year-ago revenues of $1.76 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.
CVR shares have added about 32.6% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for CVR?While CVR 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 CVR 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 $0.61 on $2.02 billion in revenues for the coming quarter and -$0.22 on $8.06 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, Oil and Gas - Refining and Marketing is currently in the top 8% 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, Phillips 66 (PSX - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This oil refiner is expected to post quarterly earnings of $7.68 per share in its upcoming report, which represents a year-over-year change of +222.7%. The consensus EPS estimate for the quarter has been revised 25.5% higher over the last 30 days to the current level.
Phillips 66's revenues are expected to be $36.17 billion, up 7.9% from the year-ago quarter.
, /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) ("First Horizon" or "the Company") announced today its 2026 company-run capital stress test results. The 2026 test showed that, under hypothetical severe economic and business downturns, First Horizon would maintain capital ratios well above regulatory-required minimums. These internally generated results, which utilized the 2026 Dodd-Frank Act Stress Test Severely Adverse Scenario published by the Federal Reserve on February 4, 2026, reflect continued strong risk discipline.
"First Horizon's 2026 stress test results reinforce the strength of our capital position and the resilience built into our business model," said Hope Dmuchowski, Chief Financial Officer. "Our ability to maintain a CET1 ratio of 9.3% and a loan loss rate less than half that of our peer median - even amid a scenario of severe recession and market stress - demonstrates the value of our diversified revenue streams and prudent risk culture. Through disciplined capital management and unwavering focus on our clients, we are well equipped to deliver on our commitments, sustain our dividend, and support economic opportunity in our communities, regardless of the environment."
The following table reflects the Company's actual and projected stressed capital ratios under the Federal Reserve's Severely Adverse Scenario compared to required regulatory minimums.
% Regulatory Ratio
Actual
Projected Stressed
Capital Ratios
Regulatory Capital
Ratios
4Q25
Minimum
Minimum
Common Equity Tier 1 Capital ratio
10.6 %
9.3 %
4.5 %
Tier 1 Risk-based Capital ratio
11.5 %
10.2 %
6.0 %
Total Risk-based Capital ratio
13.3 %
12.2 %
8.0 %
Tier 1 Leverage ratio
10.2 %
9.1 %
4.0 %
These results include a $0.17 quarterly common stock dividend throughout the nine-quarter scenario horizon.
First Horizon's loan portfolio stressed loss rate of 2.3% is significantly lower than the 6.7% loss rate from the Federal Reserve-published median DFAST result. FHN's lower loss rate benefits from its portfolio mix, including lower-loss loans to mortgage companies and limited exposure to higher-loss rate credit cards. Additionally, the Company's pre-provision net revenue as a percentage of total assets of 5.1% exceeded the peer median of 3.0%. FHN's stresses to pre-provision net revenue are buffered by its counter-cyclical businesses of fixed income, loans to mortgage companies, and mortgage.
For more information, please see First Horizon's 2026 stress test disclosure at https://ir.firsthorizon.com/fixed-income/stress-test-results/default.aspx.
About First Horizon
First Horizon Corporation (NYSE: FHN), with $84.4 billion in assets as of June 30, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
California Water Service Group oznámila za 2. čtvrtletí čistý zisk 56,5 mil. USD a výnosy 308,6 mil. USD, obojí meziročně vyšší. Firma zároveň získala konečné rozhodnutí ve věci 2024 CA GRC, které podporuje další investice a růst sazeb.
SAN JOSE, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (Group or the Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported strong second quarter 2026 results.
Second Quarter 2026 Results Reflect Resolution of the 2024 California General Rate Case (2024 CA GRC)
The Company reported that second-quarter 2026 results were in line with expectations as the Company received a final decision on the 2024 CA GRC at the end of April. The Company recognized the decision retroactively to January 1, 2026, as provided for in its California Interim Rates Memorandum Account (IRMA).
Q2 2026 net income was $56.5 million, or $0.93 per diluted share, compared to net income of $42.2 million, or $0.71 per diluted share, in Q2 2025. Q2 2026 revenue was $308.6 million, compared to revenue of $265.0 million in Q2 2025.
IRMA revenue related to the delayed 2024 CA GRC and implementation of new rates added $15.3 million, $9.2 million of which related to Q1 2026.Rate changes and changes in regulatory mechanisms added $15.0 million.Increased customer consumption increased revenue by $4.1 million due to variability in climate conditions between the two quarters.Deferred revenue expected to be collected within the next 24 months related to prior year regulatory mechanisms added $9.3 million of revenue. Q2 2026 operating expenses were $237.7 million, compared to operating expenses of $213.1 million in Q2 2025.
Water production costs increased by $6.3 million, primarily due to increases in wholesale water rates.Other operations expenses increased by $13.4 million, of which $7.9 million related to recognized deferred revenue related to prior year’s regulatory mechanisms and $2.1 million related to conservation program activities.Depreciation and amortization expenses decreased by $6.5 million due to lower depreciation rates in California approved in the 2024 CA GRC.Income taxes increased by $7.0 million as a result of a reduction in the Tax Cuts and Jobs Act (TCJA) deferred accrued income tax amortization and higher pre-tax income. YTD 2026 Financial Results Also Reflect Resolution of the 2024 CA GRC
YTD 2026 net income was $60.5 million, or $1.01 per diluted share, compared to YTD 2025 net income of $55.5 million, or $0.93 per diluted share. YTD 2026 revenue was $523.2 million, compared to YTD 2025 revenue of $468.9 million.
IRMA revenue related to the delayed 2024 CA GRC and implementation of new rates added $15.3 million.Rate changes and changes in regulatory mechanisms added $29.5 million.Deferred revenue expected to be collected within the next 24 months related to prior year regulatory mechanisms added $8.5 million of revenue. YTD 2026 operating expenses were $434.1 million compared to YTD 2025 operating expenses of $394.8 million.
Water production costs increased by $14.7 million, primarily due to increases in wholesale water rates.Other operations expenses increased by $15.8 million, of which $8.0 million related to recognized deferred revenue related to prior year’s regulatory mechanisms and $2.6 million related to conservation program activities.Depreciation and amortization expenses decreased by $2.5 million due to lower depreciation rates in California approved in the 2024 CA GRC.Income taxes increased by $6.0 million as a result of a reduction in the TCJA deferred accrued income tax amortization and higher pre-tax income. “Receiving the final decision in our 2024 CA GRC provides the regulatory framework needed to continue investing in the infrastructure our customers depend on, while supporting long-term earnings and cash flow visibility,” said Chairman and Chief Executive Officer Martin A. Kropelnicki. “The decision authorizes meaningful rate adjustments through 2028, approximately $1.68 billion of infrastructure investments through 2027, and new revenue stabilization mechanisms that better align cost recovery with our investment profile and help mitigate the impacts of changes in customer water usage.”
“During the quarter, we also achieved a record level of infrastructure investment as we continue modernizing and strengthening our water systems across our service territories. In addition, we made meaningful progress on our planned acquisition of Nexus Water Group's systems in Nevada and Oregon, including filing Change of Control applications with the applicable regulatory agencies. Finally, we declared our 326th consecutive quarterly dividend,” Kropelnicki added. “These actions reflect our disciplined approach to investing in our business, growing our regulated footprint, and creating long-term value for our customers, communities, and stockholders.”
Cal Water Receives Final Decision on the 2024 CA GRC
Subsidiary California Water Service Company (Cal Water) received a final decision from the CPUC on its 2024 CA GRC and Infrastructure Improvement Plan on April 30, 2026.
The decision authorizes rate adjustments expected to increase company-wide revenue by $90.5 million, or 10.9%, in 2026; $43.2 million, or 4.7%, in 2027; and $48.9 million, or 5.1%, in 2028. In addition, the decision authorizes approximately $1.45 billion of pre-approved infrastructure investments through 2027 to support continued delivery of safe, clean, and reliable water service, with up to an additional $229 million of projects eligible for recovery through the CPUC's advice letter process.
The decision also renews key revenue stabilization mechanisms, including the Monterey-style Water Revenue Adjustment Mechanism and water production incremental cost balancing accounts, establishes a new Sales Reconciliation Mechanism, and approves a rate design that increases recovery of fixed costs regardless of water sales. These mechanisms are designed to support more predictable cost recovery while helping mitigate the financial impact of customer usage variability and other uncertain costs.
Company Invests a Record $147 Million in Infrastructure in Second Quarter 2026
In the second quarter of 2026, the Company invested $147 million in infrastructure needed to continue providing safe, reliable water supply to customers, compared to $119 million in the second quarter of 2025. Through the first half of 2026, the Company invested a record $276.4 million in infrastructure, compared to $229.5 million invested in the first half of 2025. Overall, based on the final 2024 CA GRC decision, the Company anticipates investing up to $627 million in 2026.
Company Continues to Make Progress on Water System Acquisitions
In February 2026, the Company announced an agreement to acquire Nexus Water Group’s water and wastewater systems in Nevada and Oregon for approximately $218 million. The transaction is expected to add approximately 36,000 customer equivalent residential units and about $109 million of rate base, further strengthening its position as a leading regulated water and wastewater utility in the western United States.
The acquisition remains subject to customary regulatory approvals and closing conditions, but remains on track with the Company filing Change of Control applications with the public utilities commissions in Nevada and Oregon in April and continuing integration activities.
In Texas, the Company received notification that its change in control application has been deemed complete by the Public Utility Commission of Texas.
Company Delivers Strong Dividend Performance
During the first quarter, the Company announced its intent to increase the annual dividend by 8%, or $0.10 per common share, which is expected to result in an annualized dividend of $1.34 per common share. The Board of Directors has declared a quarterly dividend in the amount of $0.3350 per common share that will be payable on August 21, 2026 to stockholders of record as of August 10, 2026. This marks the Company’s 326th consecutive quarterly dividend and its 59th annual dividend increase.
For additional details, please see the Form 10-Q which will be available at:
www.calwatergroup.com/investors/financials-filings-reports/sec-filings, or listen to the earnings teleconference or teleconference replay.
Quarterly Earnings Teleconference Scheduled
The quarterly teleconference will take place on July 30, 2026, at 8 a.m. PT/11 a.m. ET. To join, dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 5478283, or access the live audio webcast at
edge.media-server.com/mmc/p/p8cvrm58/.
A replay of the call will be available from 2 p.m. ET on July 30, 2026, through September 28, 2026, at 1-800-770-2030 or 1-609-800-9909 by keying in ID# 5478283, or by accessing the webcast above. The call will be hosted by Chairman and Chief Executive Officer Martin A. Kropelnicki and Senior Vice President, Chief Financial Officer and Treasurer James P. Lynch. Prior to the call, the Company will publish a slide presentation on its website.
About California Water Service Group
Group is the parent company of regulated utilities Cal Water, Hawaii Water Service, New Mexico Water Service and Washington Water Service, as well as Texas Water Service (TWSC, Inc.), a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2.2 million people in California, Hawaii, New Mexico, Washington, and Texas. Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at www.calwatergroup.com.
This news release contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 (“PSLRA”). The forward-looking statements are intended to qualify under provisions of the federal securities laws for “safe harbor” treatment established by the PSLRA. Forward-looking statements in this news release are based on currently available information, expectations, estimates, assumptions and projections and our management’s beliefs, assumptions, judgments and expectations about us, the water utility industry and general economic conditions. These statements are not statements of historical fact. When used in our documents, statements that are not historical in nature, including words like will, would, expects, intends, plans, believes, may, could, estimates, assumes, anticipates, projects, progress, predicts, hopes, targets, forecasts, should, seeks or variations of these words or similar expressions are intended to identify forward-looking statements. Examples of forward-looking statements in this news release include, but are not limited to, statements describing the Company’s expected financial performance, expectations regarding the Company’s plans and proposals pursuant to the 2024 CA GRC and the anticipated closing of the Company’s acquisition of Nexus Water Group’s Nevada and Oregon subsidiaries and expected integration of the acquired systems and benefits resulting from the acquisition. Forward-looking statements are not guarantees of future performance. They are based on numerous assumptions that we believe are reasonable, but they are open to a wide range of uncertainties and business risks. Consequently, actual results or outcomes may vary materially from what is contained in a forward-looking statement. Factors that may cause actual results or outcomes to be different than those expected or anticipated include, but are not limited to: the outcome and timeliness of regulatory commissions’ actions concerning rate relief and other matters, including with respect to general rate cases and other regulatory proceedings; the impact of opposition to rate increases; our ability to recover costs; federal governmental and state regulatory commissions’ decisions, including decisions on proper disposition of property; changes in state regulatory commissions’ policies and procedures; changes in California State Water Resources Control Board water quality standards; changes in environmental compliance and water quality requirements, such as the United States Environmental Protection Agency’s (EPA) finalization of a National Primary Drinking Water Regulation (NPDWR) establishing legally enforceable maximum contaminant levels (MCL) for PFAS in drinking water in 2024 as well as legal challenges to such MCLs; EPA’s proposed new PFAS rulemaking, including impacts to the current PFAS NPDWR; the impact of weather, climate change, natural disasters, including wildfires and landslides and actual or threatened public health emergencies, including disease outbreaks, on our operations, water quality, water availability, water sales and operating results and the adequacy of our emergency preparedness; electric power interruptions, especially as a result of public safety power shutoff programs; availability of water supplies; our ability to invest or apply the proceeds from the issuance of common stock in an accretive manner; consequences of eminent domain actions relating to our water systems; increased risk of inverse condemnation losses as a result of the impact of weather, climate change and natural disasters, including wildfires and landslides; shifts in population, including housing and customer growth; issues with the implementation, maintenance or security of our information technology and operational technology systems; physical and cyber security risks and threats and the adequacy of our efforts to mitigate such risks and threats; the ability of our enterprise risk management processes to identify or address risks adequately; labor relations matters as we negotiate with the unions; changes in customer water use patterns and the effects of conservation, including as a result of drought conditions; our ability to complete, in a timely manner or at all, successfully integrate and achieve anticipated benefits from announced acquisitions, including the Oregon, Nevada and BVRT acquisitions; restrictive covenants in or changes to the credit ratings on our current or future debt that could increase our financing costs or affect our ability to borrow, make payments on debt or pay dividends; risks associated with expanding our business and operations, including into other geographic areas; the impact of stagnating or worsening business and economic conditions, including inflationary pressures, general economic slowdown or a recession, changes in tariff policy, the interest rate environment, changes in monetary policy, adverse capital markets activity or macroeconomic conditions as a result of geopolitical conflicts, including ongoing conflicts in the Middle East, and the prospect of shutdowns of the U.S. federal government; the impact of market conditions and volatility on unrealized gains or losses on our non-qualified benefit plan investments and our operating results; the impact of weather and timing of meter reads on our accrued and unbilled revenue; the impact of evolving legal and regulatory requirements, including sustainability requirements; the impact of the evolving U.S. political environment and changes effected, proposed, or threatened by the U.S. federal government that has led to, in some cases, legal challenges and uncertainty around the funding, functioning and policy priorities of U.S. federal regulatory agencies and the status of current and future regulations; and other risks and unforeseen events described in our Securities and Exchange Commission (“SEC”) filings. In light of these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release. When considering forward-looking statements, you should keep in mind the cautionary statements included in this paragraph, as well as the Annual Report on Form 10-K, Quarterly 10-Q and other reports filed from time-to-time with the SEC. We are not under any obligation and we expressly disclaim any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise. A credit rating is not a recommendation to buy, sell or hold any securities, may be changed at any time by the applicable ratings agency and should be evaluated independently of any other information.
CONTACT:Jim Lynch, (408) 367-8200 (analysts) Shannon Dean (408) 367-8243 (media) CALIFORNIA WATER SERVICE GROUP
CONDENSED CONSOLIDATED BALANCE SHEETS
Unaudited
(In thousands, except per share data)June 30,
2026 December 31,
2025ASSETS Utility plant: Utility plant$6,182,880 $5,909,242 Less accumulated depreciation and amortization (1,371,706) (1,329,652)Net utility plant 4,811,174 4,579,590 Current assets: Cash and cash equivalents 43,445 51,820 Restricted cash 45,697 45,553 Receivables: Customers, net 72,315 56,322 Short-term regulatory assets 91,122 72,511 Other, net 48,327 49,004 Accrued and unbilled revenue, net 56,695 39,674 Materials and supplies 18,334 19,784 Taxes, prepaid expenses, and other assets 31,250 19,760 Total current assets 407,185 354,428 Other assets: Regulatory assets 334,709 339,865 Goodwill 37,063 37,063 Other assets 364,833 360,219 Total other assets 736,605 737,147 TOTAL ASSETS$5,954,964 $5,671,165 CAPITALIZATION AND LIABILITIES Capitalization: Common stock, $0.01 par value; 136,000 shares authorized, 61,839 and 59,638 outstanding on
June 30, 2026 and December 31, 2025, respectively$618 $596 Additional paid-in capital 1,070,262 973,454 Retained earnings 749,745 729,276 Accumulated other comprehensive loss (13,152) (13,922)Noncontrolling interests 2,619 2,571 Total equity 1,810,092 1,691,975 Long-term debt, net 1,471,948 1,471,968 Total capitalization 3,282,040 3,163,943 Current liabilities: Current maturities of long-term debt, net 590 2,270 Short-term borrowings 205,000 130,000 Accounts payable 201,432 175,729 Short-term regulatory liabilities 94,248 25,458 Accrued other taxes 3,744 6,048 Accrued interest 13,115 12,976 Other accrued liabilities 62,541 65,683 Total current liabilities 580,670 418,164 Deferred income taxes 466,636 450,946 Regulatory liabilities 903,905 929,814 Pension 95,191 94,226 Advances for construction 211,191 210,638 Contributions in aid of construction 305,106 297,016 Other long-term liabilities 110,225 106,418 Commitments and contingencies TOTAL CAPITALIZATION AND LIABILITIES$5,954,964 $5,671,165 CALIFORNIA WATER SERVICE GROUP
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Unaudited
(In thousands, except per share data)
Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Operating revenue$308,596 $264,954 $523,169 $468,927 Operating expenses: Operations: Water production costs 91,843 85,503 163,172 148,494 Administrative and general 36,221 33,317 69,907 67,491 Other operations 45,144 31,695 76,377 60,531 Maintenance 9,150 9,043 17,516 16,711 Depreciation and amortization 29,536 36,029 69,500 71,985 Income tax expense 13,872 6,915 13,946 7,950 Property and other taxes 11,931 10,643 23,688 21,611 Total operating expenses 237,697 213,145 434,106 394,773 Net operating income 70,899 51,809 89,063 74,154 Other income and expenses: Non-regulated revenue 6,241 4,911 11,462 9,992 Non-regulated expenses (3,579) (2,868) (9,036) (6,334)Other components of net periodic benefit credit 2,288 4,589 6,260 9,389 Allowance for equity funds used during construction 2,085 1,898 4,164 3,695 Income tax expense on other income and expenses (1,716) (1,752) (3,107) (3,455)Net other income 5,319 6,778 9,743 13,287 Interest expense: Interest expense 20,809 17,464 40,428 33,973 Allowance for borrowed funds used during construction (1,044) (927) (2,112) (1,784)Net interest expense 19,765 16,537 38,316 32,189 Net income 56,453 42,050 60,490 55,252 Net loss attributable to noncontrolling interests (12) (118) (12) (247)Net income attributable to California Water Service
Group$56,465 $42,168 $60,502 $55,499 Earnings per share of common stock: Basic$0.94 $0.71 $1.01 $0.93 Diluted$0.93 $0.71 $1.01 $0.93 Weighted average shares outstanding: Basic 60,357 59,574 60,030 59,542 Diluted 60,434 59,629 60,105 59,590 Dividends per share of common stock$0.34 $0.34 $0.67 $0.64
Tyler Technologies (TYL - Free Report) came out with quarterly earnings of $3.08 per share, beating the Zacks Consensus Estimate of $3.06 per share. This compares to earnings of $2.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.65%. A quarter ago, it was expected that this information management software provider would post earnings of $3.01 per share when it actually produced earnings of $3.09, delivering a surprise of +2.66%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Tyler Technologies, which belongs to the Zacks Internet - Software and Services industry, posted revenues of $645.1 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.29%. This compares to year-ago revenues of $596.12 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Tyler Technologies shares have lost about 26.6% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Tyler Technologies?While Tyler Technologies 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 Tyler Technologies 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 $3.37 on $652.97 million in revenues for the coming quarter and $12.82 on $2.56 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, Internet - Software and Services is currently in the top 22% 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.
Nebius Group (NBIS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This an AI-centric cloud platform is expected to post quarterly loss of $0.67 per share in its upcoming report, which represents a year-over-year change of -76.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Nebius Group's revenues are expected to be $535.03 million, up 409.1% from the year-ago quarter.
Aurora Innovation uvedla, že vstupuje do fáze komerčního škálování autonomních kamionů a do konce roku plánuje provozovat více než 200 vozů bez řidiče. Ve 2. čtvrtletí měla tržby 2 miliony USD a čistou ztrátu 266 milionů USD.
Top 5 AI & Autonomy Stocks Trading Under $15 With Big PotentialAurora Innovation NASDAQ: AUR said its second-quarter business review marked the beginning of its commercial scaling phase for driverless trucking, citing new customer agreements, the launch of its second-generation Aurora Driver platform and plans to operate 200 driverless trucks by year-end.
Chief Executive Officer and co-founder Chris Urmson said Aurora has launched a new fleet of driverless trucks based on the International LT Series and introduced Aurora Driver 2, which combines new software, second-generation commercial hardware and the truck platform. The company said it is fully allocated to exit 2026 with 200 driverless trucks in operation and is negotiating with prospective Driver-as-a-Service customers for 2027 and beyond.
Get Aurora Innovation alerts:
Customer Agreements and Network Expansion 3 High-Risk, High-Reward Stocks With Explosive UpsideAurora said it recently executed Transportation-as-a-Service agreements with Charger Logistics and Value Truck. Charger Logistics plans to use Aurora Driver-powered trucks to add capacity and improve utilization on the Dallas-to-Laredo route. Value Truck initially plans to use the technology on Dallas-to-Laredo and Fort Worth-to-Phoenix corridors.
The company also expanded operations with Volvo Autonomous Solutions, which launched commercial freight service using the Aurora Driver for DSV and AVI-SPL. Urmson said each new customer can act as a “pipeline multiplier” as logistics providers gain confidence in autonomous trucking.
NVIDIA Deal Ignites Aurora Stock’s Explosive PotentialSince launching driverless operations, Aurora said its trucks completed nearly 440,000 driverless miles through the end of June, with 100% on-time performance and no Aurora Driver-attributed collisions. The company expects driverless mileage to accelerate as additional trucks enter service.
Aurora also began driverless operations for Detmar Logistics between a Midland, Texas, facility and a Capital Sand mining site in Monahans, Texas. The deployment involved validating a frac sand trailer with what the company described as minimal integration work.
To support longer operations, Aurora has begun supervised testing of way-station navigation and on-route fueling. In current truck-stop pilots, personnel fuel trucks while the Aurora Driver navigates into and out of fuel islands. The company said it expects truck-stop staff eventually to use automated arrival notifications to secure, fuel and release autonomous trucks.
Hardware Scale-Up and OEM Partnerships Urmson said Aurora Driver 2’s second-generation hardware kit is engineered for 1 million miles of operation and is intended to improve uptime and reliability. The company expects the system to reduce Aurora Driver hardware costs by more than 50%, supporting its gross-margin objectives.
The hardware includes a more efficient computer and an extended 1-kilometer range for Aurora’s FirstLight frequency-modulated continuous-wave lidar. Aurora said the range provides more than 34 seconds of reaction time at highway speeds.
Aurora expects to have 20 to 25 driverless International trucks in operation by the end of the third quarter. Its upfitting partner, Roush, has begun manufacturing at a dedicated Aurora facility, with Aurora expecting Roush to reach an annual production run rate of 1,000 trucks in October.
By year-end, Aurora expects its operating fleet to consist of International and Volvo trucks, while it phases out Peterbilt trucks that had been used with first-generation hardware. Aurora expects to reintroduce Peterbilt vehicles with its third-generation hardware in the future.
Volvo Autonomous Solutions plans to begin driverless operations of Volvo VNL Autonomous trucks powered by the Aurora Driver in the first quarter of 2027, Aurora said. Volvo has said it expects to exit 2027 with more than 300 driverless trucks and projects $3 billion in autonomous revenue within five years, according to Urmson.
Aurora is also working with AUMOVIO on third-generation hardware intended to support tens of thousands of trucks, with planned production beginning in the second half of 2027. Separately, PACCAR and Aurora are defining a path to integrate the third-generation kit into PACCAR’s future autonomy-enabled truck platform.
Regulatory and Safety Developments Urmson said California has joined other states in permitting deployment of driverless trucks, and Aurora has submitted an application to begin required driver testing in the state. At the federal level, he highlighted the U.S. House Transportation and Infrastructure Committee’s 62-to-2 approval in May of the BUILD America 250 Act, which includes a framework for nationwide autonomous-truck deployment.
The CEO also described a recent development-mission collision in Fort Worth involving an Aurora truck operating in manual mode. The truck was driven by a vehicle operator and the Aurora Driver system was not engaged, he said. Another vehicle entered an intersection against a red light and collided with the truck. No serious injuries were reported, though both vehicles sustained significant damage.
Aurora said its subsequent log review and simulation found that the Aurora Driver detected the red-light-running vehicle nearly six seconds before the collision and would have slowed to avoid the incident despite having the right of way.
Second-Quarter Results and Outlook Chief Financial Officer David Maday said second-quarter revenue totaled $2 million from driverless and vehicle-operator-supervised commercial loads. Aurora reported an operating loss of $266 million, including $60 million of stock-based compensation.
Research and development expense, excluding stock-based compensation: $164 million Selling, general and administrative expense, excluding stock-based compensation: $37 million Cost of revenue, excluding stock-based compensation: $7 million Operating cash use: approximately $225 million Capital expenditures: $31 million Aurora issued 30 million Class A shares through its at-the-market program during the quarter, generating $215 million in net proceeds. The company ended the period with nearly $1.2 billion in cash and short-term investments.
The company reaffirmed its expectation for 2026 revenue of $14 million to $16 million, with more than half of annual revenue expected in the fourth quarter as the new fleet scales. Aurora expects its year-end fleet of more than 200 driverless trucks to represent an approximately $80 million Transportation-as-a-Service revenue run rate.
Maday said Aurora expects average quarterly cash use of approximately $190 million to $220 million during 2026, including about $150 million of full-year capital expenditures, primarily related to its capacity plan. The company expects its Driver-as-a-Service model to begin in 2027, though it anticipates a customer-by-customer transition from Transportation-as-a-Service rather than an immediate change at the start of the year.
About Aurora Innovation (NASDAQ:AUR)Aurora Innovation, Inc is a technology company specializing in the development of self-driving vehicle systems for both passenger and commercial applications. Headquartered in Mountain View, California, Aurora has built an end-to-end platform—known as the Aurora Driver—that integrates proprietary software, machine learning algorithms and a suite of sensors (LiDAR, radar and cameras) to enable vehicles to operate safely and efficiently in diverse driving environments.
The company's core business revolves around designing, testing and deploying its autonomy stack on vehicles from established automotive and transportation partners.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Aurora Innovation Right Now?Before you consider Aurora Innovation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aurora Innovation wasn't on the list.
While Aurora Innovation currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Aurora Innovation oznámila výsledky za 2. čtvrtletí 2026 a na hovoru představila postup v klíčových oblastech podnikání. CFO následně shrnul finanční výsledky.
Aurora Innovation, Inc. (AUR) Q2 2026 Earnings Call July 29, 2026 5:00 PM EDT
Company Participants
Stacy Feit - Vice President of Investor Relations
Christopher Urmson - Co-Founder, CEO & Non-Independent Executive Chairman
David Maday - Chief Financial Officer
Conference Call Participants
George Gianarikas - Canaccord Genuity Corp., Research Division
Ravi Shanker - Morgan Stanley, Research Division
Andres Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division
Christopher Pierce - Needham & Company, LLC, Research Division
Ryan Sigdahl - Craig-Hallum Capital Group LLC, Research Division
Colin Rusch - Oppenheimer & Co. Inc., Research Division
Cole Couzens - Wolfe Research, LLC
Mike Latimore - Northland Capital Markets, Research Division
Itay Michaeli - TD Cowen, Research Division
Aman Gupta - Goldman Sachs Group, Inc., Research Division
Justine Laufer - Bernstein Institutional Services LLC, Research Division
Presentation
Operator
Greetings, and welcome to the Aurora Second Quarter 2026 Business Review Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce Stacy Feit, Vice President, Investor Relations. You may now begin.
Stacy Feit
Vice President of Investor Relations
Thanks, Paul. Good afternoon, everyone, and welcome to our second quarter 2026 business review call. We announced our results earlier this afternoon. Our shareholder letter and a presentation to accompany this call are available on our Investor Relations website at ir.aurora.tech. The shareholder letter was also furnished with our Form 8-K filed today with the SEC.
On the call with me today are Chris Urmson, Co-Founder and CEO; and David Maday, CFO. Chris will provide an update on the progress we've made across the key pillars of our business, and David will recap our second quarter financial results. We'll then open up the call to Q&A. A recording of this conference call will be available on our Investor Relations website at ir.aurora.tech shortly after this call has ended.
GMX DAO už odkoupila přes 384 000 GMX za zhruba 2,4 milionu USD, včetně posledních 12 380 tokenů za asi 85 000 USD. Program financuje 27 % protokolových poplatků.
GMX DAO continues its systematic token buyback campaign, having now repurchased over 384,000 GMX tokens for approximately $2.4 million at an average price of $6.25. The latest tranche saw 12,380 tokens acquired for roughly $85,000, adding to what has become one of the more aggressive treasury accumulation strategies in DeFi.
The buyback machine in detail Since March 5, 2026, the GMX DAO has repurchased 313,650 GMX tokens for approximately $1.965 million, averaging $6.27 per token. The pace accelerated meaningfully in Q2 2026, when the DAO scooped up 228,030 tokens for around $1.41 million at an average of $6.18.
One particularly notable weekly buyback occurred from June 24 to 30, when 23,280 GMX were acquired for $125,000. That batch averaged $5.37 per token, a meaningful discount compared to the broader program average of $6.25.
Advertisement
The funding mechanism is what makes this program structurally interesting. The DAO redirected 27% of protocol fees, money that was traditionally distributed to GMX stakers as yield, toward these open-market buybacks. Stakers who were counting on passive income from fees are now watching those revenues get converted into treasury assets instead.
Liquidity reshuffling and Solana expansion The DAO has signaled plans to withdraw approximately 600,000 GMX tokens from external decentralized exchange liquidity pools. Those tokens would be redeployed into GMX’s own pools, consolidating liquidity under the protocol’s direct control.
Additionally, GMX appears to be expanding its footprint to Solana through a platform called GMTrade.xyz. GMX built its reputation on Arbitrum and is extending into the Solana perpetuals market via this expansion.
Market reaction and the $90 threshold GMX’s token price hasn’t significantly moved on the back of these purchases. Earlier buyback rounds did little to move the needle on valuation, which is partly why the DAO has been iterating on its approach.
According to the DAO’s governance framework, rewards from the buyback program will only be distributed when GMX achieves trading levels above $90. With the token currently trading in the $6 range, that threshold is roughly 14x away. It ensures accumulated tokens aren’t dumped back onto the market at these levels.
What this means for investors The 27% fee redirection creates a measurable reduction in staking yield. Anyone evaluating GMX staking needs to factor in that roughly a quarter of what used to be distributed as rewards is now going into buybacks instead.
The liquidity consolidation strategy could reduce GMX’s presence on popular DEX aggregators. If 600,000 tokens get pulled from external pools, it may become harder to trade GMX on certain platforms, potentially widening spreads before the DAO’s own pools absorb that volume.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Sonos (SONO - Free Report) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +12.50%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post a loss of $0.04 per share when it actually produced a loss of $0.02, delivering a surprise of +50%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Sonos, which belongs to the Zacks Audio Video Production industry, posted revenues of $375.26 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.32%. This compares to year-ago revenues of $344.76 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.
Sonos shares have lost about 4.3% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Sonos?While Sonos 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 Sonos was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.04 on $310.44 million in revenues for the coming quarter and $1.15 on $1.5 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 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, GoPro (GPRO - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 10.
This action video camera maker is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +125%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
GoPro's revenues are expected to be $208.52 million, up 36.6% from the year-ago quarter.
3 Small Caps Hitting 52-Week Highs: Take Profits or Let Ride?Sonos NASDAQ: SONO reported third-quarter fiscal 2026 revenue of $375 million, up 9% from a year earlier and near the high end of its guidance range, as growth in Asia-Pacific and Europe, the Middle East and Africa offset more modest gains in the Americas.
CEO Tom Conrad said the quarter reflected an acceleration in the company’s growth trajectory after revenue rose 2% in the first half of the fiscal year. Non-GAAP gross margin was 45.5%, while adjusted EBITDA reached $44 million, up 24% year over year. The company also repurchased $30 million of stock during the quarter.
Get Sonos alerts:
Regional Growth and Profitability MarketBeat: Week in Review 5/30 – 6/3CFO Saori Casey said APAC revenue increased 27% year over year, EMEA revenue rose 17%, and Americas revenue grew 4%. On a constant-currency basis, APAC grew 21%, EMEA increased 14%, and the Americas rose 3.5%. Foreign exchange contributed about one percentage point to reported growth.
Casey said Sonos Play and Era 100 SL, which were available for the full quarter, contributed meaningfully to results. The company’s non-GAAP gross profit rose 11% to $171 million. However, higher memory costs reduced gross profit by about $14 million year over year, representing a 380-basis-point impact on gross margin.
Sonos Stock Sounds Cheap Down HereSonos received $24 million during the quarter related to refunds for duties paid under IEEPA. Of that amount, $23 million was recorded as a benefit to GAAP gross profit and $1 million was recorded as interest income. The company has filed claims totaling $41 million and expects to collect the remaining $18 million, though it has not recognized those amounts as a receivable because the timing of payment is uncertain.
Including tariff refunds, GAAP gross profit was $189 million and GAAP gross margin was 50.4%. Excluding refunds, GAAP gross margin was 44.3%. GAAP earnings per share were $0.25, including a $0.20 benefit from tariff refunds, compared with a loss of $0.03 per share a year earlier. Non-GAAP EPS rose 52% to $0.27.
Non-GAAP operating expenses increased 3% year over year to $135 million. The company ended the quarter with $261 million of net cash and marketable securities. Free cash flow was $40 million, up $8 million from the prior-year period.
Memory Costs Pressure Outlook Management said escalating computer-memory and related component costs are expected to remain a near-term challenge. Conrad said higher memory costs reduced third-quarter adjusted EBITDA by approximately $14 million. Without that impact, adjusted EBITDA would have been $58 million, up 64% year over year.
For the fourth quarter, Sonos expects higher memory prices to create a $35 million year-over-year headwind to gross profit, or roughly 1,000 basis points of gross-margin pressure. The company expects mitigation efforts to phase in progressively through fiscal 2027.
Conrad said Sonos is addressing the issue through supply management, cost negotiations, engineering changes intended to reduce each product’s memory requirements, and potential pricing actions. He said the efficiency work can be implemented as running changes to product lines without reducing product capabilities, future optionality or customer experience.
The company has not made material price increases on existing audio products. Conrad said Sonos remains focused on attracting new households during the holiday period, while considering pricing as one of several available levers. Management expects profitability to improve in fiscal 2028 and beyond, depending in part on the path of memory prices.
Fourth-Quarter and Full-Year Expectations Sonos forecast fourth-quarter revenue of $325 million to $355 million, representing reported growth of 13% to 23%, or 18% at the midpoint. The fiscal fourth quarter includes an extra week, which the company said should contribute approximately $24 million in sales and eight percentage points of year-over-year growth.
Excluding the additional week, the outlook implies revenue growth of 4% to 15%, or 10% at the midpoint. Management expects foreign exchange to have a slightly unfavorable effect on fourth-quarter revenue growth.
Fourth-quarter GAAP gross margin is expected to be 39% to 41%, excluding any tariff-refund benefit. Non-GAAP gross margin is expected to be approximately 120 basis points above GAAP gross margin. Adjusted EBITDA is projected between a loss of $11 million and positive $18 million, with a midpoint of $3 million. Fiscal 2026 revenue is expected to grow 6% to 8%, or 4% to 6% excluding the 53rd week. Fiscal 2026 adjusted EBITDA is expected to reach $181 million, up 37% year over year. For fiscal 2027, Casey said the low end of the company’s fourth-quarter gross-margin range is a reasonable framework for the year, with lower margins in the first half and some improvement in the second half as mitigation efforts take effect. She also said Sonos expects to remain disciplined on operating expenses.
Products, AI Focus and Leadership Changes Conrad said Sonos Amp Multi, a multi-zone amplifier aimed at installer and integrator partners, is scheduled to ship Aug. 25. He also said the company plans a product launch event in early September, where it intends to discuss work involving conversational computing and predictive intelligence in the home.
The CEO said Sonos’ installed base includes more than 53 million connected devices across more than 17 million homes. He argued that the company’s portfolio, audio expertise, home-system integrations and customer relationships position it to benefit as more intelligence is incorporated into home products.
Separately, Sonos said Chris Shackleton, co-founder and managing partner of Coliseum Capital Management, the company’s largest investor, will join its board.
Casey also announced plans to retire following a 35-year finance career. She will remain CFO until the company identifies a successor and completes a transition. Conrad said she helped establish financial rigor and operating discipline at Sonos during her tenure.
About Sonos (NASDAQ:SONO)Sonos, Inc is a consumer electronics company specializing in wireless home audio systems. The company's core business revolves around designing, developing and manufacturing smart speakers and soundbars that deliver high-fidelity audio and seamless multi-room listening experiences. Sonos products connect via Wi-Fi or Bluetooth and integrate with popular streaming services, enabling users to control music and other audio content through a dedicated mobile app, voice assistants or traditional controls.
Sonos offers a diversified product lineup that includes compact speakers such as Sonos One and Sonos Roam, premium models like Sonos Five and Sonos Move, home theater solutions including Sonos Beam and Sonos Arc, as well as accessories such as the Sonos Sub and Sonos Amp.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Sonos Right Now?Before you consider Sonos, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sonos wasn't on the list.
While Sonos currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Fair Isaac oznámila tržby 674,19 mil. USD, meziročně o 25,7 % více, a EPS 12,18 USD oproti 8,57 USD před rokem. Nejvíc rostly Scores na 458,9 mil. USD, meziročně o 41,5 %.
Fair Isaac (FICO - Free Report) reported $674.19 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 25.7%. EPS of $12.18 for the same period compares to $8.57 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $679.31 million, representing a surprise of -0.75%. The company delivered an EPS surprise of +1.33%, with the consensus EPS estimate being $12.02.
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 Fair Isaac performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Annual Recurring Revenue (ARR) - Platform: $412.8 million versus $370.22 million estimated by three analysts on average.Annual Recurring Revenue (ARR) - Total: $815.8 million versus the three-analyst average estimate of $812.78 million.Annual Recurring Revenue (ARR) - Non-Platform: $403 million compared to the $442.56 million average estimate based on three analysts.Revenues- Professional services: $18.32 million versus $23.54 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -24.3% change.Revenues- Software: $215.29 million compared to the $228.35 million average estimate based on three analysts. The reported number represents a change of +1.5% year over year.Revenues- Scores: $458.9 million versus the three-analyst average estimate of $458.27 million. The reported number represents a year-over-year change of +41.5%.Revenues- On-premises and SaaS software: $196.97 million versus the three-analyst average estimate of $204.8 million. The reported number represents a year-over-year change of +4.8%.Revenues- Scores- Business-to-consumer: $58.85 million versus $57.53 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.Revenues- Scores- Business-to-business: $400.04 million versus $402.34 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +49% change.View all Key Company Metrics for Fair Isaac here>>>
Shares of Fair Isaac have returned +11.8% over the past month versus the Zacks S&P 500 composite's +1.9% 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.
Everest Group (EG - Free Report) came out with quarterly earnings of $14.85 per share, beating the Zacks Consensus Estimate of $14.59 per share. This compares to earnings of $17.36 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.78%. A quarter ago, it was expected that this reinsurance company would post earnings of $14.03 per share when it actually produced earnings of $16.08, delivering a surprise of +14.61%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Everest Group, which belongs to the Zacks Insurance - Multi line industry, posted revenues of $3.96 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 3.07%. This compares to year-ago revenues of $4.49 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.
Everest Group shares have added about 17.5% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Everest Group?While Everest Group 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 Everest Group was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $9.21 on $3.96 billion in revenues for the coming quarter and $52.86 on $15.89 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 - Multi line is currently in the bottom 32% 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.
Horace Mann (HMN - 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 5.
This provider of auto and homeowners' insurance for teachers and other educators is expected to post quarterly earnings of $0.67 per share in its upcoming report, which represents a year-over-year change of -36.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Horace Mann's revenues are expected to be $443.9 million, up 7.8% from the year-ago quarter.
National Fuel Gas (NFG - Free Report) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.64 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 energy company would post earnings of $2.85 per share when it actually produced earnings of $2.71, delivering a surprise of -4.91%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
National Fuel Gas, which belongs to the Zacks Oil and Gas - Integrated - United States industry, posted revenues of $537.5 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 4.77%. This compares to year-ago revenues of $531.83 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
National Fuel Gas shares have added about 1.7% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for National Fuel Gas?While National Fuel Gas 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 National Fuel Gas 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 $1.26 on $542.42 million in revenues for the coming quarter and $7.66 on $2.59 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, Oil and Gas - Integrated - United States is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, LandBridge Company LLC (LB - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This company is expected to post quarterly earnings of $0.37 per share in its upcoming report, which represents a year-over-year change of +54.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
LandBridge Company LLC's revenues are expected to be $61.35 million, up 29.1% from the year-ago quarter.
Cactus, Inc. (WHD - Free Report) reported $449.53 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 64.3%. EPS of $0.93 for the same period compares to $0.66 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $400.62 million, representing a surprise of +12.21%. The company delivered an EPS surprise of +30.99%, with the consensus EPS estimate being $0.71.
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.
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 Cactus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Spoolable Technologies: $105.53 million compared to the $96 million average estimate based on four analysts. The reported number represents a change of +9.7% year over year.Revenues- Pressure Control: $344 million compared to the $306.29 million average estimate based on four analysts. The reported number represents a change of +91.4% year over year.Operating income (loss)- Pressure Control: $59.15 million versus $50.97 million estimated by three analysts on average.Operating Income- Corporate and other expenses: $-7.74 million compared to the $-9.81 million average estimate based on three analysts.Operating income (loss)- Spoolable Technologies: $32.17 million compared to the $23.96 million average estimate based on three analysts.View all Key Company Metrics for Cactus here>>>
Shares of Cactus have returned +3.7% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Procore Technologies ve 2. čtvrtletí oznámila zisk na akcii 0,47 USD a výnosy 375,21 milionu USD, obojí nad odhady. Akcie jsou letos níže o zhruba 32,9 %.
Procore Technologies (PCOR - Free Report) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +14.63%. A quarter ago, it was expected that this construction management software would post earnings of $0.36 per share when it actually produced earnings of $0.34, delivering a surprise of -5.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Procore Technologies, which belongs to the Zacks Internet - Software industry, posted revenues of $375.21 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.65%. This compares to year-ago revenues of $323.92 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.
Procore Technologies shares have lost about 32.9% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Procore Technologies?While Procore Technologies 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 Procore Technologies was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.43 on $382.85 million in revenues for the coming quarter and $1.64 on $1.5 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, Internet - Software is currently in the bottom 41% 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, Twilio (TWLO - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This company is expected to post quarterly earnings of $1.32 per share in its upcoming report, which represents a year-over-year change of +10.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Twilio's revenues are expected to be $1.42 billion, up 15.8% from the year-ago quarter.
Insperity ve 2. čtvrtletí vykázala zisk 0,34 USD na akcii a tržby 1,69 miliardy USD, obojí nad odhady. Zisk byl také vyšší než před rokem, kdy činil 0,26 USD na akcii.
Insperity, Inc. (NSP - Free Report) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.03%. A quarter ago, it was expected that this company would post earnings of $1.24 per share when it actually produced earnings of $1.31, delivering a surprise of +5.65%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Insperity, which belongs to the Zacks Staffing Firms industry, posted revenues of $1.69 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.50%. This compares to year-ago revenues of $1.66 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.
Insperity shares have added about 35.8% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Insperity?While Insperity 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 Insperity 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 $0.22 on $1.63 billion in revenues for the coming quarter and $2.07 on $6.89 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, Staffing Firms is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Kelly Services (KELYA - 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 staffing company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of -55.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Kelly Services' revenues are expected to be $1.01 billion, down 8.4% from the year-ago quarter.
Boot Barn (BOOT - Free Report) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +35.50%. A quarter ago, it was expected that this Western apparel and footwear retailer would post earnings of $1.43 per share when it actually produced earnings of $1.45, delivering a surprise of +1.4%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Boot Barn, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $593.52 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.99%. This compares to year-ago revenues of $504.07 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.
Boot Barn shares have lost about 10.1% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Boot Barn?While Boot Barn 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 Boot Barn 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 $1.68 on $596.53 million in revenues for the coming quarter and $8.56 on $2.61 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 - Apparel and Shoes is currently in the top 20% 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, Canada Goose (GOOS - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This high-end coat maker is expected to post quarterly loss of $0.63 per share in its upcoming report, which represents a year-over-year change of +4.6%. The consensus EPS estimate for the quarter has been revised 8.3% higher over the last 30 days to the current level.
Canada Goose's revenues are expected to be $80.3 million, up 3.1% from the year-ago quarter.
Glaukos (GKOS - Free Report) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to a loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +50.00%. A quarter ago, it was expected that this glaucoma treatments developer would post a loss of $0.3 per share when it actually produced a loss of $0.18, delivering a surprise of +40%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Glaukos, which belongs to the Zacks Medical - Instruments industry, posted revenues of $185.61 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 24.10%. This compares to year-ago revenues of $124.12 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.
Glaukos shares have added about 34% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Glaukos?While Glaukos 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 Glaukos was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.16 on $154.92 million in revenues for the coming quarter and -$0.57 on $627.64 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, Medical - Instruments is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Hyperfine, Inc. (HYPR - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of +25%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Hyperfine, Inc.'s revenues are expected to be $4.23 million, up 56.7% from the year-ago quarter.
Carlisle (CSL - Free Report) came out with quarterly earnings of $7.03 per share, beating the Zacks Consensus Estimate of $6.43 per share. This compares to earnings of $6.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +9.33%. A quarter ago, it was expected that this diversified manufacturer would post earnings of $3.31 per share when it actually produced earnings of $3.63, delivering a surprise of +9.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Carlisle, which belongs to the Zacks Diversified Operations industry, posted revenues of $1.57 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.01%. This compares to year-ago revenues of $1.45 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Carlisle shares have added about 8.7% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Carlisle?While Carlisle 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 Carlisle 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 $6.48 on $1.42 billion in revenues for the coming quarter and $21.07 on $5.14 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Diversified Operations is currently in the bottom 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.
One other stock from the same industry, ITT (ITT - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This supplier of parts and services to a wide variety of industries is expected to post quarterly earnings of $1.93 per share in its upcoming report, which represents a year-over-year change of +17.7%. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level.
ITT's revenues are expected to be $1.39 billion, up 43.2% from the year-ago quarter.
Graphic Packaging Holding Company vyhlásila čtvrtletní dividendu 0,11 USD na akcii. Nárok mají akcionáři, kteří budou držet akcie při uzavření obchodování 15. září 2026; výplata je 6. října 2026.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a global leader in sustainable consumer packaging, today announced that its Board of Directors declared a quarterly dividend of $0.11 per share of common stock to stockholders of record at the close of business on September 15, 2026. The dividend is payable on October 6, 2026.
Investor Contact Information: [email protected]
About Graphic Packaging Holding Company
Graphic Packaging (NYSE: GPK), headquartered in Atlanta, Georgia, designs and produces consumer packaging made primarily from renewable or recycled materials. An industry leader in innovation, the Company is committed to reducing the environmental footprint of consumer packaging. Graphic Packaging operates a global network of design and manufacturing facilities serving the world's most widely recognized brands in food, beverage, foodservice, household, and other consumer products. Learn more at www.graphicpkg.com.
For the quarter ended June 2026, Antero Midstream Corporation (AM - Free Report) reported revenue of $327.24 million, up 7.1% over the same period last year. EPS came in at $0.24, compared to $0.26 in the year-ago quarter.
The reported revenue represents a surprise of +1.53% over the Zacks Consensus Estimate of $322.31 million. With the consensus EPS estimate being $0.27, the EPS surprise was -11.11%.
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 Antero Midstream performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Daily Volumes - Low Pressure Gathering: 4124 millions of cubic feet per day versus 3861.92 millions of cubic feet per day estimated by three analysts on average.Average Daily Volumes - Fresh Water Delivery: 82 millions of barrels of oil per day versus the three-analyst average estimate of 91.18 millions of barrels of oil per day.Average Daily Volumes - Compression: 3289 millions of cubic feet per day versus the three-analyst average estimate of 3672.09 millions of cubic feet per day.Average Daily Volumes - High Pressure Gathering: 2986 millions of cubic feet per day compared to the 3139.76 millions of cubic feet per day average estimate based on three analysts.Revenues- Water Handling- Antero Resources: $78.54 million versus the three-analyst average estimate of $70.93 million. The reported number represents a year-over-year change of +6.5%.Revenues- Gathering and Processing- Antero Resources: $271.51 million versus the three-analyst average estimate of $267.32 million. The reported number represents a year-over-year change of +9.1%.Revenues- Gathering and Processing: $257.72 million compared to the $252.01 million average estimate based on two analysts. The reported number represents a change of +7.6% year over year.Revenues- Water Handling: $69.52 million versus the two-analyst average estimate of $68.97 million. The reported number represents a year-over-year change of +5.6%.Revenues- Amortization of customer relationships: $-22.8 million versus $-19.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +29.1% change.View all Key Company Metrics for Antero Midstream here>>>
Shares of Antero Midstream have returned -4.4% over the past month versus the Zacks S&P 500 composite's +1.9% 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.
Tetra Tech vykázala za čtvrtletí EPS ve výši 0,42 USD, nad odhadem 0,40 USD, a tržby 1,11 mld. USD, také nad konsensem. Zisk na akcii překonal odhady o 5 %.
Tetra Tech (TTEK - Free Report) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.00%. A quarter ago, it was expected that this consulting and engineering services company would post earnings of $0.31 per share when it actually produced earnings of $0.34, delivering a surprise of +9.68%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Tetra, which belongs to the Zacks Engineering - R and D Services industry, posted revenues of $1.11 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.60%. This compares to year-ago revenues of $1.15 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Tetra shares have lost about 0.1% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Tetra?While Tetra 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 Tetra 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 $0.47 on $1.15 billion in revenues for the coming quarter and $1.55 on $4.31 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Engineering - R and D 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.
One other stock from the same industry, Mayville Engineering (MEC - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of -180%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Mayville Engineering's revenues are expected to be $149.69 million, up 13.1% from the year-ago quarter.
Howmet v poslední seanci klesl o 4,63 % na 272,79 USD, výrazně víc než širší trh. Firma zveřejní výsledky 6. srpna 2026; trh čeká EPS 1,23 USD a tržby 2,41 mld. USD.
In the latest close session, Howmet (HWM - Free Report) was down 4.63% at $272.79. The stock's change was less than the S&P 500's daily loss of 1.52%. Elsewhere, the Dow saw a downswing of 2.19%, while the tech-heavy Nasdaq depreciated by 1.74%.
Coming into today, shares of the maker of engineered products for the aerospace and other industries had gained 6.39% in the past month. In that same time, the Aerospace sector gained 2.09%, while the S&P 500 gained 1.92%.
Market participants will be closely following the financial results of Howmet in its upcoming release. The company plans to announce its earnings on August 6, 2026. It is anticipated that the company will report an EPS of $1.23, marking a 35.16% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.41 billion, up 17.52% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.98 per share and a revenue of $9.74 billion, indicating changes of +32.1% and +18.02%, respectively, from the former year.
Any recent changes to analyst estimates for Howmet should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.11% rise in the Zacks Consensus EPS estimate. At present, Howmet boasts a Zacks Rank of #2 (Buy).
Looking at its valuation, Howmet is holding a Forward P/E ratio of 57.45. This represents a premium compared to its industry average Forward P/E of 23.8.
Meanwhile, HWM's PEG ratio is currently 2.28. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Aerospace - Defense industry held an average PEG ratio of 1.66.
The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 40% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HWM in the coming trading sessions, be sure to utilize Zacks.com.
Sensata (ST - Free Report) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.38%. A quarter ago, it was expected that this maker of sensing, electrical protection, control and power management products would post earnings of $0.84 per share when it actually produced earnings of $0.86, delivering a surprise of +2.38%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Sensata, which belongs to the Zacks Instruments - Control industry, posted revenues of $990.6 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.76%. This compares to year-ago revenues of $943.38 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Sensata shares have added about 40.4% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Sensata?While Sensata has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Sensata was 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 $0.95 on $962 million in revenues for the coming quarter and $3.73 on $3.86 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Instruments - Control is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Transcat, Inc. (TRNS - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This company is expected to post quarterly earnings of $0.37 per share in its upcoming report, which represents a year-over-year change of -37.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Transcat, Inc.'s revenues are expected to be $86.42 million, up 13.1% from the year-ago quarter.
Broadstone Net Lease, Inc. (BNL - Free Report) came out with quarterly funds from operations (FFO) of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to FFO of $0.38 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of +2.63%. A quarter ago, it was expected that this company would post FFO of $0.38 per share when it actually produced FFO of $0.38, delivering no surprise.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
Broadstone Net Lease, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $122.31 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.59%. This compares to year-ago revenues of $112.99 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 FFO expectations will mostly depend on management's commentary on the earnings call.
Broadstone Net Lease shares have added about 29% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Broadstone Net Lease?While Broadstone Net Lease 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 Broadstone Net Lease 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 FFO estimate is $0.39 on $126.24 million in revenues for the coming quarter and $1.57 on $501.42 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 - Residential is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Centerspace (CSR - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 3.
This real estate investment trust is expected to post quarterly earnings of $1.22 per share in its upcoming report, which represents a year-over-year change of -4.7%. The consensus EPS estimate for the quarter has been revised 2.1% higher over the last 30 days to the current level.
Centerspace's revenues are expected to be $67.6 million, down 1.4% from the year-ago quarter.
C.H. Robinson Worldwide (CHRW - Free Report) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.23%. A quarter ago, it was expected that this trucking company would post earnings of $1.24 per share when it actually produced earnings of $1.35, delivering a surprise of +8.87%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
C.H. Robinson, which belongs to the Zacks Transportation - Services industry, posted revenues of $4.93 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 11.74%. This compares to year-ago revenues of $4.14 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.
C.H. Robinson shares have added about 5.3% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for C.H. Robinson?While C.H. Robinson 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 C.H. Robinson 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 $1.66 on $4.46 billion in revenues for the coming quarter and $6.12 on $17.11 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.
Another stock from the same industry, Matson (MATX - Free Report) , 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.
C.H. Robinson ve druhém čtvrtletí zvýšil tržby o 19,3 % a upravený provozní zisk o 20 % díky vyšší efektivitě a strategiím založeným na AI, i když trh s nákladní přepravou zůstal slabý.
AI Broke the Trucks: 3 Transports to Buy After the AI PanicC.H. Robinson Worldwide NASDAQ: CHRW said its second-quarter performance reflected continued market-share gains, productivity improvements and stronger operating leverage despite a freight-demand environment that remained weak and a sharp rise in truckload spot costs.
President and Chief Executive Officer Dave Bozeman said the company reached its mid-cycle operating-margin targets in both its North American Surface Transportation, or NAST, and Global Forwarding segments during the quarter. The Cass Freight Shipment Index declined 3.3% year over year in the second quarter, marking the 15th consecutive quarter of year-over-year declines, according to management.
Get CHRW alerts:
Is the Grinch Stealing This Year's Holiday Season Jobs? “Despite being in the trough of the freight market demand cycle,” Bozeman said, the company delivered results supported by its Lean AI strategy, which combines lean operating practices with internally developed artificial-intelligence tools and logistics expertise.
Revenue, profit and productivity trends Total revenue rose 19.3% year over year in the second quarter, while adjusted gross profit, or AGP, increased 6.5%, Chief Financial Officer Damon Lee said. Adjusted operating income increased 20% from a year earlier, according to Bozeman.
Lee said AGP per business day increased 9% year over year in April, 7% in May and 3% in June. Absolute AGP per business day increased sequentially in each month of the quarter, primarily because of an improving trend in Global Forwarding.
The company reported a 96% incremental operating margin in the quarter, meaning 96% of the year-over-year increase in AGP flowed through to adjusted operating income. NAST’s operating margin, excluding restructuring charges, expanded 280 basis points from a year earlier to 40.9%. Global Forwarding’s comparable margin rose 470 basis points to 33.4%.
Management attributed the improvement to productivity gains, cost optimization and revenue-management practices. NAST shipments per person per day rose 15% year over year in the second quarter and have increased more than 60% since the end of 2022, the company said. Global Forwarding productivity improved by more than 15% during the quarter.
Personnel expenses totaled $338.5 million, including $8 million of restructuring charges tied to workforce reductions. Excluding those charges, personnel expenses fell 0.3% year over year to $330.5 million. Average headcount declined 10.8% from the prior-year quarter and 2% sequentially.
NAST outgrows market amid higher spot costs NAST volume increased 1.5% year over year, outperforming the 3.3% decline in the Cass Freight Shipment Index. The quarter represented the 13th consecutive period in which NAST volume growth exceeded the index, Bozeman said.
Truckload volume grew about 0.5%, while less-than-truckload, or LTL, volume rose approximately 2%. Michael Castagnetto, president of North American Surface Transportation, said contractual truckload volume grew as the company won a higher percentage of contractual bids. Contract freight represented about 70% of truckload volume, compared with 65% a year earlier.
The market’s supply-driven tightening pressured the company’s contractual margins. Excluding fuel, DAT spot rates increased approximately 34% year over year in the second quarter, accelerating from an approximately 19% increase in the first quarter. C.H. Robinson’s truckload line-haul cost per mile increased 29% from a year earlier.
Even so, the company held truckload AGP per shipment approximately flat year over year. Castagnetto said the result reflected contractual repricing efforts, improved price and cost discovery, and higher-margin transactional business.
NAST gross margin percentage declined during the quarter, partly because higher fuel costs are passed through to customers in the truckload brokerage model. Higher revenue per load also reduced the gross-margin percentage even as AGP per shipment remained flat.
For the full year, management now expects DAT drive-in spot rates to increase 34% year over year, up from its forecast of a 17% increase three months earlier. Contractual repricing is expected to continue in the third quarter, while spot rates are expected to remain elevated and rise again during the fourth-quarter holiday period.
AI strategy and Global Forwarding Chief Strategy and Innovation Officer Arun Rajan said the company has more than 450 in-house engineers and data scientists and is deploying hundreds of AI agents for specific functions across the shipment life cycle. The company said human employees remain involved in areas requiring judgment, exception management and customer-specific considerations.
Rajan highlighted the company’s Lean AI Engineer and Lean AI Planner tools in its 4PL Managed Solutions operation. He said Lean AI Engineer can assess a supply chain in 25 to 30 minutes, compared with assessments that can take up to four weeks.
In Global Forwarding, management said it is simplifying and standardizing workflows while rolling out AI-powered automations intended to reduce manual work, improve data quality and identify issues sooner. Lee said the company views Global Forwarding’s 30% mid-cycle margin target as sustainable.
Guidance, capital allocation and legal matter Management maintained its 2026 operating-income target range of $964 million to $1.04 billion. Lee said the company now expects to achieve the lower end of that range with market conditions reflecting a 3% contraction, rather than the flat market assumption used when the target was established. The Cass Freight Shipment Index was down 4.7% in the first half of 2026.
2026 personnel expenses are expected toward the higher end of the company’s $1.25 billion to $1.35 billion range, reflecting higher incentive compensation. Expected 2026 SG&A expense was narrowed to $540 million to $580 million from $540 million to $590 million. Capital-expenditure expectations were lowered to $65 million to $75 million from $75 million to $85 million. The company ended the quarter with about $900 million of liquidity and a net debt-to-EBITDA ratio of 1.64 times. C.H. Robinson generated $35.9 million in operating cash flow during the quarter, which Lee said was affected by higher freight rates and a resulting increase in receivables and working capital. The company returned $301.3 million to shareholders, including $226 million in share repurchases and $75.3 million in dividends. It also allocated $79 million for acquisitions, including its June acquisition of DeSpir Logistics.
Bozeman also addressed a recent Texas jury advisory verdict related to a trucking accident. He said the company strongly disagrees with the verdict and would appeal if it is entered as final. Bozeman said the carrier involved was an independent motor carrier, that its driver was not employed by C.H. Robinson, and that the carrier held the highest Federal Motor Carrier Safety Administration rating when C.H. Robinson selected it and after a federal review of the accident.
Management said the final outcome remains subject to post-trial motions, appeals and other legal proceedings. Lee said the company is insured through the end of 2026 and expects insurance costs to rise over time, but said the verdict does not alter its capital-allocation approach or M&A strategy.
About C.H. Robinson Worldwide (NASDAQ:CHRW)C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world's largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.
The company's primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in C.H. Robinson Worldwide Right Now?Before you consider C.H. Robinson Worldwide, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C.H. Robinson Worldwide wasn't on the list.
While C.H. Robinson Worldwide currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Comstock Resources vykázala za čtvrtletí výnosy 353,28 mil. USD, což je meziročně o 24,9 % méně a pod odhadem Wall Street. EPS dosáhl 0,03 USD oproti 0,13 USD před rokem.
Comstock Resources (CRK - Free Report) reported $353.28 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 24.9%. EPS of $0.03 for the same period compares to $0.13 a year ago.
The reported revenue represents a surprise of -14.9% over the Zacks Consensus Estimate of $415.15 million. With the consensus EPS estimate being $0.02, the EPS surprise was +50%.
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 Comstock performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average oil price: $95.20 compared to the $82.19 average estimate based on three analysts.Average natural gas price: $2.54 versus the two-analyst average estimate of $2.58.Average natural gas price including hedging: $2.93 compared to the $2.98 average estimate based on two analysts.Revenues- Natural gas sales: $287.75 million versus the two-analyst average estimate of $307.16 million. The reported number represents a year-over-year change of -15.2%.Revenues- Oil sales: $0.48 million versus $0.87 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -35.8% change.View all Key Company Metrics for Comstock here>>>
Shares of Comstock have returned -17% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Houlihan Lokey (HLI - Free Report) reported $511 million in revenue for the quarter ended June 2026, representing a year-over-year decline of 15.6%. EPS of $1.35 for the same period compares to $2.14 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $602.55 million, representing a surprise of -15.19%. The company delivered an EPS surprise of -17.68%, with the consensus EPS estimate being $1.64.
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 Houlihan Lokey performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Corporate Finance: $303 million versus $388.54 million estimated by two analysts on average.Revenues- Financial and Valuation Advisory: $89 million compared to the $82.55 million average estimate based on two analysts.Revenues- Financial Restructuring: $119 million versus $128.99 million estimated by two analysts on average.View all Key Company Metrics for Houlihan Lokey here>>>
Shares of Houlihan Lokey have returned +8.5% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Churchill Downs vykázal za čtvrtletí zisk na akcii 3,45 USD, což bylo pod odhadem 3,51 USD. Tržby dosáhly 980 milionů USD a překonaly konsensus o 0,34 %.
Churchill Downs (CHDN - Free Report) came out with quarterly earnings of $3.45 per share, missing the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $3.1 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1.71%. A quarter ago, it was expected that this racetrack operator and gambling company would post earnings of $1.06 per share when it actually produced earnings of $1.21, delivering a surprise of +14.15%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Churchill Downs, which belongs to the Zacks Gaming industry, posted revenues of $980 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.34%. This compares to year-ago revenues of $934.4 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.
Churchill Downs shares have lost about 21.6% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Churchill Downs?While Churchill Downs 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 Churchill Downs 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 $1.31 on $698.94 million in revenues for the coming quarter and $7.14 on $3.02 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, Gaming is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Century Casinos (CNTY - Free Report) , has yet to report results for the quarter ended June 2026.
This casino operator is expected to post quarterly loss of $0.40 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Century Casinos' revenues are expected to be $152.1 million, up 0.9% from the year-ago quarter.
Sprouts Farmers Market ve 2. čtvrtletí zvýšil tržby o 5 % na 2,3 miliardy USD, ale srovnatelné tržby klesly o 1 %. Firma zároveň potvrdila aktualizovaný výhled na rok 2026.
3 Stocks at 52-Week Lows With Way More Upside Than DownsideSprouts Farmers Market NASDAQ: SFM reported second-quarter 2026 results that management said were in line with its expectations, as strong new-store performance offset a decline in comparable-store sales amid a challenging consumer environment.
Total sales rose 5% year over year to $2.3 billion, driven by new store openings, while comparable-store sales declined 1%. Net income was $129 million, and diluted earnings per share increased 1% to $1.37. The company opened seven stores during the quarter, ending the period with 490 stores across 25 states.
Get Sprouts Farmers Market alerts:
Why Wall Street Is Backing These 3 Comeback StocksChief Executive Officer Jack Sinclair said customers remain deliberate in their healthy-grocery spending and are managing their budgets carefully. He said Sprouts is responding by refining its value proposition, investing in affordability and personalization, expanding its differentiated assortment, and advancing supply-chain capabilities.
Sales trends and customer behavior Chief Financial Officer Curtis Valentine said comparable-sales trends improved sequentially through May before weakening in June, when Sprouts faced difficult prior-year comparisons related to strong produce performance and disruption in the natural and organic supply chain that had brought additional shoppers into its stores last year. July comparable sales were “slightly negative” but within the company’s guidance range, he said.
3 Reasons to Buy Sprouts Farmers Market Ahead of EarningsManagement said the business has seen modest improvement in both traffic and units per basket. However, Valentine said customers continue to manage the number of items they buy, particularly during periods of inflation or broader financial pressure. Produce has a larger effect on the company’s unit trends because it accounts for a significant share of the average basket.
Sprouts said it has seen an impact over the past two weeks from consumer concern related to Cyclospora, which management said has been concentrated in lettuces, salads, and related products. Valentine said the company had not experienced a product recall in its stores and described the effect on the business to date as small. The company has observed some customers shifting purchases from fresh products to frozen alternatives.
Management characterized the lower-engaged and lower-income shopper as its largest near-term opportunity. President and Chief Operating Officer Nick Konat said those customers have been taking trips less frequently and spreading out purchases, while the company’s core customer has remained relatively resilient.
Affordability, assortment and digital growth Sprouts said its first-half affordability tests produced mixed results. Sinclair said many actions increased unit movement, but broader traffic gains have developed more gradually than expected. The company plans to focus second-half investments on the items most important to customers and on targeted pricing and affordability actions intended to improve engagement.
Konat said the company’s affordability strategy includes meal solutions, Sprouts-brand products, pricing and promotions, and personalized loyalty offers. During the quarter, Sprouts highlighted fresh deli meals, a vitamin sale and $9.99 wellness bowls. Konat also cited new $29.99 family meals, fresh-made salads priced below $9, seed oil-free frozen potatoes, and a $4 fresh-baked organic sourdough bread offering.
The retailer introduced about 1,300 new items in the second quarter, including products positioned around organic, seed oil-free, fiber, gut-health and protein attributes. Organic products now account for more than 30% of total sales, including more than half of dairy and produce sales, according to Sinclair. Sprouts-brand products represented 26% of quarterly sales and outperformed the broader business.
E-commerce sales increased more than 12% and represented approximately 16% of total quarterly sales. Konat said the company’s e-commerce customers generally shop both online and in stores and are among its highest-value customers. The online basket and category mix are similar to the company’s brick-and-mortar business, with a significant contribution from fresh products and produce.
Margins, supply chain and store expansion Second-quarter gross margin declined 12 basis points year over year to 38.7%, reflecting loyalty investments and elevated fuel costs. Those pressures were partially offset by benefits from self-distribution and vendor participation supporting customer value. SG&A expense increased $38 million to $683 million and deleveraged by 30 basis points, largely due to fixed-cost deleverage from lower comparable sales and investments in the business.
For the third quarter, Sprouts expects approximately 50 basis points of EBIT margin pressure, citing lower comparable sales, fixed-cost deleverage and a higher number of new-store openings than in the prior-year period. Valentine said the company also expects fuel costs and a modest Cyclospora-related effect to pressure third-quarter gross margin.
The company’s Northern California distribution center is now operating, and nearly 85% of Sprouts stores are supplied with fresh meat through its distribution centers. Management said the shift provides greater control over freshness, service levels and shrink. Sprouts is also beginning to bring select Sprouts-brand products into its existing distribution network as it evaluates additional self-distribution opportunities.
New stores continue to perform strongly across both established and newer markets, management said. Sprouts has more than 110 executed leases and 155 approved new stores. It expects to open 42 net new stores in 2026, consisting of 43 openings and one closure of an underperforming location with an expiring lease. At least 15 openings are planned for the third quarter, which would represent the company’s largest quarterly opening cadence to date.
Updated 2026 outlook Total sales growth on a 52-week basis of 5.5% to 6.5%. Comparable-store sales between a 0.5% decline and 0.5% growth. EBIT of $675 million to $685 million. Diluted EPS of $5.32 to $5.40, assuming at least $300 million of share repurchases. Third-quarter comparable sales between a 0.5% decline and 1.5% growth, with diluted EPS of $1.20 to $1.24. Year to date, Sprouts generated $369 million in operating cash flow and spent $186 million in capital expenditures, net of landlord reimbursements. It also repurchased 2.8 million shares for $210 million through the second quarter, with $626 million remaining under its $1 billion authorization.
About Sprouts Farmers Market (NASDAQ:SFM)Sprouts Farmers Market, Inc NASDAQ: SFM is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts' product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.
Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Sprouts Farmers Market Right Now?Before you consider Sprouts Farmers Market, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprouts Farmers Market wasn't on the list.
While Sprouts Farmers Market currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
For the quarter ended June 2026, Hexcel (HXL - Free Report) reported revenue of $529.3 million, up 8% over the same period last year. EPS came in at $0.66, compared to $0.50 in the year-ago quarter.
The reported revenue represents a surprise of +1.47% over the Zacks Consensus Estimate of $521.65 million. With the consensus EPS estimate being $0.56, the EPS surprise was +17.86%.
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 Hexcel performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Commercial Aerospace- Composite Materials: $289.2 million versus $279.43 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +15.7% change.Net Sales- Defense, Space & Other- Composite Materials: $132.3 million compared to the $135.25 million average estimate based on two analysts. The reported number represents a change of -7.7% year over year.Net Sales- Engineered products: $107.8 million versus $102.89 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.Net Sales- Defense, Space & Other- Engineered Products: $50.4 million versus the two-analyst average estimate of $54.12 million. The reported number represents a year-over-year change of -5.8%.Net Sales- Composite Materials: $421.5 million compared to the $414.67 million average estimate based on two analysts. The reported number represents a change of +7.2% year over year.Net Sales- Commercial Aerospace- Engineered Products: $57.4 million versus the two-analyst average estimate of $48.77 million. The reported number represents a year-over-year change of +32.9%.Operating income- Composite Materials: $74.2 million compared to the $73.31 million average estimate based on two analysts.Operating income- Corporate & Other: $-18 million compared to the $-18.11 million average estimate based on two analysts.Operating income- Engineered Products: $16.4 million versus the two-analyst average estimate of $8.57 million.View all Key Company Metrics for Hexcel here>>>
Shares of Hexcel have returned +10% over the past month versus the Zacks S&P 500 composite's +1.9% 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.
Arbitrum Foundation rozšiřuje partnerství s Variational a do konce Q3 2026 přidá alespoň dva další bezpečnostní audity. Zároveň hradí gas fees a financuje nezávislou statistickou stránku.
What the expanded deal coversThe Arbitrum Foundation (@arbitrum) and on-chain derivatives protocol Variational (@variational_io) have announced an expanded partnership, adding at least two further security audits sponsored by the Foundation before the end of Q3 2026. Alongside the audit commitment, the Foundation is covering gas fees for the Variational protocol and funding an independent statistics page built by Entropy Advisors. The page will track key metrics including volume, open interest, total value locked, and execution costs.
The move is a notable shift in how a Layer 2 network is choosing to support a native protocol. Rather than deploying a broad token incentive program, the Foundation is absorbing direct operating costs, specifically security and gas, for a protocol it considers strategically important. Covering audits and gas arguably builds deeper loyalty than short-term liquidity mining campaigns, and signals a more targeted approach to ecosystem development.
Variational's scale on ArbitrumVariational is a peer-to-peer trading, clearing, and settlement protocol for perpetuals and generalized derivatives, built natively on Arbitrum . It provides infrastructure for bilateral trading of options, futures, perpetuals, and other instruments, with multiple applications built on top of the protocol, including Omni for retail perpetuals and Pro for institutional OTC derivatives.
According to data from DefiLlama cited in the original announcement, Variational is currently sitting at $1.28 billion in open interest with $24.6 billion in perpetuals volume over the past 30 days. DefiLlama Research has noted that Variational places within the top 10 perpetual DEXs by both daily and 30-day volume, describing it as a clear signal of genuine and growing traction in the market.
The protocol's growth has attracted significant external capital. In May 2026, Variational closed a $50 million Series A led by Dragonfly Capital, with Bain Capital Crypto and Coinbase Ventures participating, bringing total disclosed funding to over $60 million. The Foundation's expanded operational support now complements that private backing with direct infrastructure commitments.
For Arbitrum, deepening the relationship with one of its highest-volume native protocols reinforces the ecosystem's position in on-chain derivatives at a time when the broader perps market is becoming increasingly competitive.
Sources:
DefiLlama Research: Variational and the Shift to Onchain Brokerage
Variational Protocol Stats, DefiLlama
The Block: Variational raises $10.3 million in seed funding
Po exploitu za 24,15 milionu USD u bridge třetí strany na Arbitrum Offchain Labs zdůraznila, že nativní Arbitrum bridge zůstal bezpečný. Incident ukázal rozdíl mezi riziky nativního a externího bridge.
A $24.15 million exploit on a third-party bridge operating on Arbitrum has turned into a very public lesson about which bridges you should trust with your crypto. Steven Goldfeder, CEO and co-founder of Offchain Labs, used the incident to outline exactly how his team thinks about bridge risk management, and why the native Arbitrum bridge sits in a fundamentally different security category.
The breach hit AFX Trade on July 22, when attackers compromised validator keys on the bridge protocol and drained approximately $24.15 million in USDC. The stolen funds were subsequently swapped for roughly 12,467 ETH. Goldfeder confirmed the exploit originated entirely from a third-party protocol and that Arbitrum’s native bridge remained secure throughout the incident.
Native vs. third-party: a distinction that matters Arbitrum’s native bridge inherits its security directly from the rollup’s architecture, secured by the same mechanism that protects the entire Arbitrum network, which ultimately relies on Ethereum’s own security guarantees. Third-party bridges like AFX Trade operate independently, introducing their own trust assumptions, key management practices, and validator sets.
Advertisement
Goldfeder, who holds a Ph.D. in applied cryptography from Princeton University, emphasized that Offchain Labs has improved bridge security through a combination of technical measures and user education. The company also conducts due diligence on third-party bridges that operate within the Arbitrum ecosystem, though the AFX Trade incident demonstrates the limits of oversight when external protocols manage their own security infrastructure.
The exploit and its aftermath The AFX Trade attack followed a depressingly familiar playbook. Compromised validator keys gave attackers the ability to authorize fraudulent withdrawals, a vulnerability pattern that has plagued cross-chain bridges since the earliest days of multi-chain DeFi. Once the keys were compromised, the attackers moved quickly, draining USDC before converting to ETH to obscure the trail.
AFX Trade proposed a white-hat bounty deal to the attacker: return 70% of the stolen funds and keep the rest as a bug bounty. The incident was far from isolated. July 2026 has seen at least 14 recorded security breaches across the crypto sector.
What this means for investors Bridge selection matters. Users moving assets between Ethereum and Arbitrum face a real choice between the native bridge, which benefits from rollup-level security guarantees, and third-party options that offer speed or convenience but introduce additional risk vectors.
Offchain Labs’ stated approach of conducting due diligence on third-party bridges positions Arbitrum as a network that at least attempts to curate its infrastructure partners, even if that curation clearly has limits. A steady drumbeat of bridge exploits — 14 in a single month — gives regulators ammunition to impose stricter guidelines on bridging technology and cross-chain protocols.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
In the latest close session, Petrobras (PBR - Free Report) was up +2.88% at $18.59. This change outpaced the S&P 500's 1.52% loss on the day. Meanwhile, the Dow lost 2.19%, and the Nasdaq, a tech-heavy index, lost 1.74%.
Shares of the oil and gas company have appreciated by 11.82% over the course of the past month, outperforming the Oils-Energy sector's gain of 4.07%, and the S&P 500's gain of 1.92%.
Market participants will be closely following the financial results of Petrobras in its upcoming release. The company plans to announce its earnings on August 6, 2026. In that report, analysts expect Petrobras to post earnings of $1.35 per share. This would mark year-over-year growth of 110.94%. Simultaneously, our latest consensus estimate expects the revenue to be $33.44 billion, showing a 58.94% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $4.28 per share and a revenue of $116.34 billion, demonstrating changes of +52.86% and +30.44%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Petrobras. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 9.33% downward. Petrobras is currently a Zacks Rank #5 (Strong Sell).
With respect to valuation, Petrobras is currently being traded at a Forward P/E ratio of 4.23. For comparison, its industry has an average Forward P/E of 8.54, which means Petrobras is trading at a discount to the group.
Meanwhile, PBR's PEG ratio is currently 0.8. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Oil and Gas - Integrated - International industry had an average PEG ratio of 0.62.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 226, placing it within the bottom 9% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the 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.
CEO CoreWeave Michael N. Intrator prodal 307 692 akcií za zhruba 24,9 milionu USD v rámci předem daného plánu 10b5-1. Po transakci mu zůstalo 2 676 815 akcií.
Michael N. Intrator, CEO and President of CoreWeave, Inc. (CRWV -9.63%), reported the sale of 307,692 shares of Class A Common Stock on July 14, 2026, for a total transaction value of ~$24.9 million, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$24.9 millionShares sold307,692Shares sold (directly held)200,000Shares sold (indirectly held)107,692Post-transaction shares (directly held)2,676,815Post-transaction shares (indirectly held)0Post-transaction value$213.98 millionTransaction value based on SEC Form 4 weighted average sale price ($80.85); post-transaction value based on July 14, 2026 market close ($79.94).
Key questionsWhat was the context for this transaction?
The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Michael Intrator on November 20, 2025. These plans allow insiders to schedule stock sales in advance to avoid potential conflicts regarding the possession of non-public material information.How did the transaction impact the insider’s indirect ownership entities?
The disposition included 107,692 shares held indirectly by Omnadora Capital LLC, effectively liquidating the firm's Class A Common Stock position. The insider continues to hold indirect interests through other entities, including the PMI 2024 F&F GRAT, the Intrator Family GST-Exempt Trust, and the Intrator Family Trust.What is the scale of the insider’s remaining equity exposure?
Following the sale, the CEO maintains a direct holding of 2,676,815 shares, representing approximately 0.49% of the company. Furthermore, Intrator holds substantial derivative securities, including 21.9 million direct and 30.6 million indirect options outstanding, which include both vested and unvested awards.How has the stock performed relative to this transaction?
As of the July 15, 2026 market close, shares were priced at $77.12, trailing the $80.85 execution price. On the July 14, 2026 transaction date, CoreWeave had a one-year total return of -40% and a market capitalization of $42.1 billion.Company OverviewMetricValueShare Price (as of market close 2026-07-15)$77.12Market Capitalization$42.1 billionRevenue (TTM)$6.2 billionNet Income (TTM)-$1.6 billionCompany SnapshotCoreWeave operates a specialized cloud computing platform that delivers high-performance GPU and CPU compute resources, storage solutions, advanced networking capabilities, and fully managed services designed to support generative AI and intensive compute workloads for enterprise clients.The company generates revenue through a flexible consumption-based model, offering clients the choice between virtual servers and bare-metal infrastructure solutions tailored to their specific computational requirements.CoreWeave primarily serves large enterprises and organizations requiring significant computational capacity for generative AI applications, machine learning workloads, and data-intensive processing operations.CoreWeave is a leading infrastructure provider for generative AI workloads, commanding a $42.1 billion market cap. The company has established itself as a critical enabler of enterprise AI adoption by providing purpose-built cloud infrastructure optimized for GPU-accelerated computing.
Despite current net losses reflecting the capital-intensive nature of infrastructure expansion, CoreWeave's significant revenue scale and strategic positioning in the high-growth generative AI market underscore its importance as a foundational technology provider.
What this transaction means for investorsCoreWeave CEO Michael Intrator’s July 14 sale of company stock for a weighted average price of $80.85 came at a time when the stock had plunged from its 52-week high of $153.20 reached last October, and continued to fall. Shares eventually dropped to a 52-week low of $60.55 on July 29.
However, Intrator’s sale is not necessarily a cause for investor concern given it was a non-discretionary transaction executed as part of a Rule 10b5-1 trading plan. Moreover, his substantial equity holdings totaling millions of shares suggest his interests remain aligned with shareholders.
It appears Intrator, through his ownership of Omnadora Capital LLC, converted some Class B shares into Class A and sold them, reducing Omnadora Capital’s Class A holdings to zero. However, this entity maintains over 23 million Class B shares, post-sale.
CoreWeave stock has fallen as rising credit default swap costs signal heightened risk that the company may default on its billions of dollars in debt. CoreWeave took on the debt to enable construction of data centers outfitted with costly tech infrastructure to support customers seeking computing capacity to run artificial intelligence systems.
Robert Izquierdo has positions in CoreWeave. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Silicon Motion ve 2. čtvrtletí zvýšil tržby o 32 % mezikvartálně na 451,0 mil. USD a čistý zisk na 136,1 mil. USD. Na 3. čtvrtletí čeká tržby 519 až 541 mil. USD.
Second quarter of 2026 sales increased 32% Q/Q and increased 127% Y/Y SSD controller sales: 2Q of 2026 increased 5% to 10% Q/Q and increased 50% to 55% Y/YeMMC+UFS controller sales: 2Q of 2026 increased 15% to 20% Q/Q and increased 95% to 100% Y/YFerri & Boot Drive solutions sales: 2Q of 2026 increased 110% to 115% Q/Q and increased 1,690% to 1,695% Y/Y Financial Highlights
2Q 2026 GAAP2Q 2026 Non-GAAP• Net sales$451.0 million
(+32% Q/Q, +127% Y/Y)$451.0 million
(+32% Q/Q, +127% Y/Y)• Gross margin50.2%
50.2%
• Operating margin22.4%
23.1%
• Earnings per diluted ADS$3.99
$2.43
* Please see reconciliations of U.S. Generally Accepted Accounting Principles (“GAAP”) to all non-GAAP financial measures mentioned herein towards the end of this news release.
TAIPEI, Taiwan and MILPITAS, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company,” “we” or similar terms) today announced its financial results for the quarter ended June 30, 2026. For the second quarter of 2026, net sales (GAAP) increased sequentially to $451.0 million from $342.1 million in the first quarter of 2026. Net income (GAAP) also increased sequentially to $136.1 million, or $3.99 per diluted American depositary share (“ADS”) (GAAP), from net income (GAAP) of $66.8 million, or $1.97 per diluted ADS (GAAP), in the first quarter of 2026
For the second quarter of 2026, net income (non-GAAP) increased sequentially to $83.1 million, or $2.43 per diluted ADS (non-GAAP), from net income (non-GAAP) of $53.8 million, or $1.58 per diluted ADS (non-GAAP), in the first quarter of 2026.
All financial numbers are in U.S. dollars unless otherwise noted.
Second Quarter of 2026 Review
“Our shift from a consumer-focused NAND flash controller maker to a diversified leader in controllers and storage solutions — from AI infrastructure to the edge — is accelerating rapidly,” stated Wallace Kou, President & CEO of Silicon Motion. “The second quarter delivered exceptional growth in revenue, gross margin, and operating margin — powered by our Embedded eMMC & UFS business, our Enterprise and Edge SSD controller business, and our rapidly growing storage solutions business focusing on Ferri for Automotive & Enterprise Boot Drives. The first two quarters delivered a record-breaking start to the year, and we expect that momentum to continue into the second half. With our ongoing product and market expansion, we are building a resilient platform for sustainable, high-quality revenue and profitability growth for years to come.”
Key Financial Results
(in millions, except percentages and per ADS amounts)
GAAPNon-GAAP2Q 20261Q 20262Q 20252Q 20261Q 20262Q 2025Revenue$451.0
$342.1
$198.7
$451.0
$342.1
$198.7
Gross profit
$226.2
$161.3
$94.7
$226.3$161.4
$94.7
Percent of revenue50.2%47.1%47.7%50.2%47.2%47.7%Operating expenses$125.1
$109.1
$72.4
$122.1
$99.2
$69.3
Operating income
$101.1
$52.2
$22.3
$104.2
$62.2
$25.3
Percent of revenue22.4%15.3%11.2%23.1%18.2%12.8%Earnings per diluted ADS$3.99
$1.97
$0.49
$2.43
$1.58
$0.69
Other Financial Information
(in millions)2Q 20261Q 20262Q 2025Cash, cash equivalents and restricted cash—end of period$181.8
$210.9
$282.3
Routine capital expenditures$5.8
$13.2
$7.4
Dividend payments$16.9
$16.9
$16.7
Bank loans$59.2
--
--
During the second quarter of 2026, we had $7.7 million of capital expenditures, including $5.8 million for the routine purchases of testing equipment, software, design tools and other items, and $1.9 million for building construction and improvements.
Returning Value to Shareholders
On October 27, 2025, our Board of Directors declared a $2.00 per ADS annual cash dividend to be paid in quarterly installments of $0.50 per ADS. On May 21, 2026, we paid $16.9 million to Silicon Motion shareholders as the third installment of the annual cash dividend. The fourth installment of our annual dividend is scheduled to be paid on August 20, 2026 to all Silicon Motion shareholders of record as of the close of business on August 6, 2026.
Business Outlook
“SIMO is drawing on its leading NAND controller technology and unmatched industry relationships to broaden its product portfolio and addressable markets from AI infrastructure to the edge. We've built this foundation over the past several years through investments in leading embedded eMMC and UFS products, our high-performance 6nm PCIe5 edge SSD controller portfolio, our new MonTitan enterprise/AI SSD PCIe5 and in-development PCIe6 controllers, and our rapidly expanding lineup of Ferri and Enterprise Boot Drive storage solutions. Today we are exceptionally well positioned across every AI market, including AI data center, AI server, edge AI, and physical AI.”
“Based on our current backlog and customer forecasts, we expect continued strong top-line growth through the rest of the year. Although many of our consumer businesses face real headwinds from current NAND pricing and supply, we have never been better positioned as a company. We are on track to deliver the highest annual revenue in our company's history, growing more than 100% year-over-year, and we're still in the early stages of bringing our new enterprise/AI infrastructure products into the mix,” stated Mr. Kou.
For the third quarter of 2026, management expects:
($ in millions, except percentages)GAAPNon-GAAP AdjustmentNon-GAAPRevenue$519 to $541
+15% to 20% Q/Q
+114% to 124% Y/Y--$519 to $541
+15% to 20% Q/Q
+114% to 124% Y/YGross margin49.9% to 50.9%Approximately $0.3*50.0% to 51.0%Operating margin24.4% to 25.7%Approximately $14.9 to $15.9**27.5% to 28.5% * Projected gross margin (non-GAAP) excludes $0.3 million of stock-based compensation.
** Projected operating margin (non-GAAP) excludes $14.9 million to $15.9 million of stock-based compensation and dispute-related expenses.
Conference Call & Webcast:
The Company’s management team will host a conference call at 8:00 a.m. Eastern Time on July 30, 2026.
Conference Call Details
Participants must register in advance to join the conference call using the link provided below. Conference access details, including dial-in information and a unique access PIN, will be provided in the confirmation email received upon registration.
A webcast of the call will be available on the Company's website at www.siliconmotion.com.
Discussion of Non-GAAP Financial Measures
To supplement the Company’s unaudited consolidated financial results calculated in accordance with GAAP, the Company discloses certain non-GAAP financial measures that exclude stock-based compensation and other items, including gross profit (non-GAAP), gross margin (non-GAAP), operating expenses (non-GAAP), operating profit (non-GAAP), operating margin (non-GAAP), non-operating income (expense) (non-GAAP), net income (non-GAAP), and earnings per diluted ADS (non-GAAP). These non-GAAP measures are not in accordance with or an alternative to GAAP and may be different from similarly titled non-GAAP measures used by other companies. We believe that these non-GAAP measures have limitations in that they do not reflect all the amounts associated with the Company’s results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate the Company’s results of operations in conjunction with the corresponding GAAP measures. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP measure. We compensate for the limitations of our non-GAAP financial measures by relying upon GAAP results to gain a complete picture of our performance.
Our non-GAAP financial measures are provided to enhance the user’s overall understanding of our current financial performance and our prospects for the future. Specifically, we believe the non-GAAP results provide useful information to both management and investors as these non-GAAP results exclude certain expenses, gains and losses that we believe are not indicative of our core operating results and because they are consistent with the financial models and estimates published by many analysts who follow the Company. We use non-GAAP measures to evaluate the operating performance of our business, for comparison with our forecasts, and for benchmarking our performance externally against our competitors. Also, when evaluating potential acquisitions, we exclude the items described below from our consideration of the target’s performance and valuation. Since we find these measures to be useful, we believe that our investors benefit from seeing the results from management’s perspective in addition to seeing our GAAP results. We believe that these non-GAAP measures, when read in conjunction with the Company’s GAAP financials, provide useful information to investors by offering:
the ability to make more meaningful period-to-period comparisons of the Company’s on-going operating results;the ability to better identify trends in the Company’s underlying business and perform related trend analysis;a better understanding of how management plans and measures the Company’s underlying business; andan easier way to compare the Company’s operating results against analyst financial models and operating results of our competitors that supplement their GAAP results with non-GAAP financial measures. The following are explanations of each of the adjustments that we incorporate into our non-GAAP measures, as well as the reasons for excluding each of these individual items in our reconciliation of these non-GAAP financial measures:
Stock-based compensation expense consists of non-cash charges related to the fair value of restricted stock units awarded to employees. The Company believes that the exclusion of these non-cash charges provides for more accurate comparisons of our operating results to our peer companies due to the varying available valuation methodologies, subjective assumptions and the variety of award types. In addition, the Company believes it is useful to investors to understand the specific impact of share-based compensation on its operating results.
Dispute related expenses consist of legal, consultant, other fees and resolution related to the dispute.
Foreign exchange loss (gain) consists of remeasurement gains and/or losses of non-US$ denominated current assets and current liabilities, as well as certain other balance sheet items, which result from the appreciation or depreciation of non-US$ currencies against the US$. We do not use financial instruments to manage the impact on our operations from changes in foreign exchange rates, and because our operations are subject to fluctuations in foreign exchange rates, we therefore exclude foreign exchange gains and losses when presenting non-GAAP financial measures.
Realized/Unrealized loss (gain) on investments relates to the disposal and net change in fair value of long-term investments.
Silicon Motion Technology CorporationConsolidated Statements of Income(in thousands, except percentages and per ADS data, unaudited) For Three Months Ended For Six Months Ended Jun. 30, Mar. 31, Jun. 30, Jun. 30, Jun. 30, 2025
2026
2026
2025
2026
($) ($) ($) ($) ($)Net sales198,675 342,105 451,001 365,167 793,106Cost of sales103,988 180,845 224,784 192,113 405,629Gross profit94,687 161,260 226,217 173,054 387,477Operating expenses
Research & development58,147 86,240 104,654 113,173 190,894Sales & marketing7,093 13,288 13,064 14,208 26,352General & administrative7,118 9,528 7,385 13,578 16,913Operating income22,329 52,204 101,114 32,095 153,318Non-operating income (expense)
Interest income, net2,706 1,617 1,390 5,635 3,007Foreign exchange gain (loss), net(3,302) 16 (381)
(2,929)
(365)
Realized/Unrealized gain (loss) on investments, net(1,051) 21,759 74,727 2,245 96,486Others, net1 - - 1 -Subtotal(1,646) 23,392 75,736 4,952 99,128Income before income tax20,683 75,596 176,850 37,047 252,446Income tax expense4,372 8,797 40,738 1,273 49,535Net income16,311 66,799 136,112 35,774 202,911 Earnings per basic ADS0.49 1.98 4.01 1.06 6.00Earnings per diluted ADS0.49 1.97 3.99 1.06 5.97 Margin Analysis:
Gross margin47.7%
47.1%
50.2%
47.4%
48.9%
Operating margin11.2%
15.3%
22.4%
8.8%
19.3%
Net margin8.2%
19.5%
30.2%
9.8%
25.6%
Additional Data:
Weighted avg. ADS equivalents33,557 33,678 33,908 33,596 33,793Diluted ADS equivalents33,562 33,916 34,097 33,681 34,006 Silicon Motion Technology CorporationReconciliation of GAAP to Non-GAAP Operating Results(in thousands, except percentages and per ADS data, unaudited) For Three Months Ended For Six Months Ended Jun. 30, Mar. 31, Jun. 30, Jun. 30, Jun. 30,2025
2026
2026
2025
2026
($) ($) ($) ($) ($)Gross profit (GAAP)94,687 161,260 226,217 173,054 387,477Gross margin (GAAP)47.7%
47.1%
50.2%
47.4%
48.9%
Stock-based compensation (A)- 134 74 73 208Gross profit (non-GAAP)94,687 161,394 226,291 173,127 387,685Gross margin (non-GAAP)47.7%
47.2%
50.2%
47.4%
48.9%
Operating expenses (GAAP)72,358 109,056 125,103 140,959 234,159Stock-based compensation (A)(175)
(8,240)
(3,344)
(4,913)
(11,584)
Dispute related expenses(2,841)
(1,604)
320 (3,118)
(1,284)
Operating expenses (non-GAAP)69,342 99,212 122,079 132,928 221,291 Operating profit (GAAP)22,329 52,204 101,114 32,095 153,318Operating margin (GAAP)11.2%
15.3%
22.4%
8.8%
19.3%
Total adjustments to operating profit3,016 9,978 3,098 8,104 13,076Operating profit (non-GAAP)25,345 62,182 104,212 40,199 166,394Operating margin (non-GAAP)12.8%
18.2%
23.1%
11.0%
21.0%
Non-operating income (expense) (GAAP)(1,646) 23,392 75,736 4,952 99,128Foreign exchange loss (gain), net3,302 (16) 381 2,929 365Realized/Unrealized loss (gain) on investments, net1,051 (21,759) (74,727) (2,245) (96,486) Non-operating income (expense) (non-GAAP)2,707 1,617 1,390 5,636 3,007 Net income (GAAP)16,311 66,799 136,112 35,774 202,911Total pre-tax impact of non-GAAP
adjustments7,369 (11,797) (71,248) 8,788 (83,045)Income tax impact of non-GAAP adjustments(670) (1,153) 18,281 (1,280) 17,128Net income (non-GAAP)23,010 53,849 83,145 43,282 136,994 Earnings per diluted ADS (GAAP)$0.49
$1.97
$3.99
$1.06
$5.97
Earnings per diluted ADS (non-GAAP)$0.69
$1.58
$2.43
$1.28
$4.01
Shares used in computing earnings per diluted ADS (GAAP)33,562 33,916 34,097 33,681 34,006Non-GAAP adjustments18 221 154 33 188Shares used in computing earnings per diluted ADS (non-GAAP)33,580 34,137 34,251 33,714 34,194 (A)Excludes stock-based compensation as follows:
Cost of sales- 134 74 73 208Research & development55 4,788 1,630 3,058 6,418Sales & marketing79 2,007 863 941 2,870General & administrative41 1,445 851 914 2,296 Silicon Motion Technology CorporationConsolidated Balance Sheets(In thousands, unaudited) Jun. 30, Mar. 31, Jun. 30, 2025 2026 2026 ($) ($) ($)Cash and cash equivalents208,043 135,677 74,367Accounts receivable, net220,924 220,445 323,638Inventories208,005 515,250 673,042Restricted assets – current70,308 71,268 103,918Prepaid expenses and other current assets68,040 58,915 41,526Total current assets775,320 1,001,555 1,216,491Long-term investments19,620 51,823 127,403Property and equipment, net208,826 224,553 232,805Other assets29,997 29,077 28,532Total assets1,033,763 1,307,008 1,605,231 Accounts payable37,455 94,503 103,338Loans- - 59,183Income tax payable17,370 31,440 37,969Accrued expenses and other current liabilities134,377 225,260 281,716Total current liabilities189,202 351,203 482,206Other long-term liabilities55,620 49,683 76,177Total liabilities244,822 400,886 558,383Shareholders’ equity788,941 906,122 1,046,848Total liabilities & shareholders’ equity1,033,763 1,307,008 1,605,231 Silicon Motion Technology CorporationCondensed Consolidated Statements of Cash Flows(in thousands, unaudited) For Three Months Ended For Six Months Ended Jun. 30, Mar. 31, Jun. 30, Jun. 30, Jun. 30, 2025
2026
2026
2025
2026
($) ($) ($) ($) ($)Net income16,311 66,799 136,112 35,774 202,911Depreciation & amortization7,445 8,954 9,273 14,670 18,227Stock-based compensation175 8,374 3,418 4,986 11,792Investment losses (gain) & disposals1,053 (21,733) (74,684) (2,256) (96,417)Changes in operating assets and liabilities(42,258) (93,619) (137,899) (20,176) (231,518)Net cash provided by (used in) operating activities(17,274) (31,225) (63,780) 32,998 (95,005) Purchase of property & equipment(15,551) (18,221) (7,733) (27,212) (25,954)Proceeds from disposal of properties- 87 - 13 87Net cash provided by (used in) investing activities(15,551) (18,134) (7,733) (27,199) (25,867) Dividend payments(16,746) (16,918) (16,922) (33,702) (33,840)Share repurchases(21) - - (24,312) -Bank loan- - 59,183 - 59,183Net cash provided by (used in) financing activities(16,767) (16,918) 42,261 (58,014) 25,343 Net increase (decrease) in cash, cash equivalents & restricted cash(49,592 (66,277 (29,252 (52,215 (95,529Effect of foreign exchange changes124 80 170 161 250Cash, cash equivalents & restricted cash—beginning of period331,747 277,081 210,884 334,333 277,081Cash, cash equivalents & restricted cash—end of period282,279 210,884 181,802 282,279 181,802
About Silicon Motion:
We are the global leader in supplying NAND flash controllers for solid state storage devices. We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications. We also supply customized high-performance hyperscale data centers and specialized industrial and automotive SSD solutions. Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at www.siliconmotion.com.
Forward-Looking Statements:
This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other comparable terminology. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, the unpredictable volume and timing of customer orders, which are not fixed by contract but vary on a purchase order basis; the loss of one or more key customers or the significant reduction, postponement, rescheduling or cancellation of orders from one or more customers; general economic conditions or conditions in the semiconductor or consumer electronics markets; the impact of inflation on our business and customers’ businesses and any effect this has on economic activity in the markets in which we operate; the functionalities and performance of our information technology (“IT”) systems, which are subject to cybersecurity threats and which support our critical operational activities, and any breaches of our IT systems or those of our customers, suppliers, partners and providers of third-party licensed technology; the effects on our business and our customers’ business taking into account the ongoing U.S.-China tariffs and trade disputes; other factors beyond our control such as natural disasters, terrorism, civil unrest, war, including conflicts in the Middle East, threats to the Strait of Hormuz and global energy supply routes, and the ongoing Russia-Ukraine War, and pandemics, epidemics and other health emergencies; the continuing tensions between Taiwan and China, including enhanced military activities; decreases in the overall average selling prices of our products; changes in the relative sales mix of our products; supply chain disruptions that have affected us and our industry as well as other industries on a global basis; the payment, or non-payment, of cash dividends in the future at the discretion of our Board of Directors and any announced planned increases in such dividends; changes in our cost of finished goods; the availability, pricing, and timeliness of delivery of other components and raw materials used in the products we sell given the current raw material supply shortages being experienced in our industry; our customers’ sales outlook, purchasing patterns, and inventory adjustments based on consumer demands and general economic conditions; any potential impairment charges that may be incurred related to businesses previously acquired or divested in the future; the risk that the anticipated benefits from our PCIe 5 controller products, including higher average selling prices, may not be maintained or may be less than expected; the risk that our anticipated market share gains across our product lines and penetration of enterprise end markets may not materialize as expected or on the anticipated timeline; our ability to successfully develop, introduce, and sell new or enhanced products in a timely manner; and the timing of new product announcements or introductions by us or by our competitors. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the U.S. Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 30, 2026. Other than as required under the securities laws, we do not intend, and do not undertake any obligation to, update or revise any forward-looking statements, which apply only as of the date of this news release.
FTAI Aviation za 2. čtvrtletí vykázala zisk 1,13 USD na akcii, což je pod odhadem 1,32 USD. Tržby 953,09 mil. USD naopak překonaly konsenzus o 10,91 %.
FTAI Aviation (FTAI - Free Report) came out with quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -14.39%. A quarter ago, it was expected that this transportation infrastructure company would post earnings of $1.61 per share when it actually produced earnings of $1.29, delivering a surprise of -19.88%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
FTAI Aviation, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $953.09 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 10.91%. This compares to year-ago revenues of $676.24 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.
FTAI Aviation shares have added about 7.9% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for FTAI Aviation?While FTAI Aviation 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 FTAI Aviation 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 $1.54 on $904.99 million in revenues for the coming quarter and $6.77 on $3.72 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 29% 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, AerSale Corporation (ASLE - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -80%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
AerSale Corporation's revenues are expected to be $77.48 million, down 27.9% from the year-ago quarter.
GFL Environmental Inc. (GFL - Free Report) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.06, delivering a surprise of +20%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
GFL Environmental, which belongs to the Zacks Waste Removal Services industry, posted revenues of $1.41 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.28%. This compares to year-ago revenues of $1.21 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.
GFL Environmental shares have lost about 8.9% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for GFL Environmental?While GFL Environmental 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 GFL Environmental 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 $0.20 on $1.39 billion in revenues for the coming quarter and $0.56 on $5.32 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Waste Removal 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.
Select Water Solutions, Inc. (WTTR - 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 company is expected to post quarterly earnings of $0.11 per share in its upcoming report, which represents a year-over-year change of +10%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Select Water Solutions, Inc.'s revenues are expected to be $365.9 million, up 0.5% from the year-ago quarter.
Meta chce rozšířit podnikové AI nad rámec agentů a nabídnout firmám také API, compute a další služby. Zuckerberg říká, že tím může vzniknout nový zdroj tržeb mimo reklamu.
In June, Meta entered the enterprise AI market with a new AI agent aimed at businesses, to help with customer service, support, and other daily operations. But the tech giant’s enterprise AI ambitions are much more expansive, Meta CEO Mark Zuckerberg told investors on Wednesday’s second-quarter earnings call.
“We see a large enterprise opportunity to sell to businesses, including APIs, business agents, potentially selling compute directly, and other services that we’re building for large customers,” Zuckerberg said. These additions could potentially position the business to create new revenue streams beyond advertising, which drives the bulk of its business, and subscriptions, which contribute a smaller share.
Initially, the company will focus on the opportunity to serve its existing base of advertisers by offering AI agents that work across messaging apps and elsewhere. These allow businesses to interact with their own customers through an AI interface.
“And, just like the ad system, effectively, we will get paid when we deliver results for those businesses,” Zuckerberg said. “We view this as an extension of the sales and the partnerships that we have with many millions of advertisers and hundreds of millions of small businesses that use our platforms.”
He also fleshed out how Meta could expand beyond serving the small business customer that makes up much of its current advertiser base by offering Meta’s internal tools to external customers in the future.
“There are other enterprise customers who I think we’re increasingly going to serve, too,” Zuckerberg explained. “We’re building coding and developing and internal productivity tools partially because we need to build them ourselves, and we need to make sure that we have tools that are tuned for ourselves,” he continued. “Now that we have those, we feel like there’s a large opportunity to serve — whether that’s small businesses or larger businesses.”
This shift in focus may not come easy — Zuckerberg admitted that selling to the enterprise was a “different muscle” than the one Meta has historically flexed.
Meanwhile, in terms of Meta selling compute to enterprise customers, Meta is focused on balancing its need for revenue and its need to execute on its own future plans. That said, the company pointed out multiple times that it currently has the opportunity to sell compute at “a significant premium over what we paid for it.”
Still, Zuckerberg cautioned investors that it “would be foolish” to “sell all of the compute and take a short-term profit.” Instead, he described Meta’s approach as a “portfolio” that included a mix of long-term and short-term plans for its compute infrastructure. “As we get closer to personal superintelligence, we are . . . going to need hardware that allows you to seamlessly interact with it,” he noted.
The call also focused on Meta’s sizable ambitions around agentic AI — AI systems that can act on a person’s or business’ behalf, rather than just answer questions — which won’t only be offered to businesses.
Consumers, too, are being promised “personal AI agents,” as well as AI smart glasses that can interact with the world in front of them.
Plus, Meta is using AI technology — specifically, large language models — to more rapidly build out its suite of social apps. Recent launches on this front have included an app for Marketplace sellers, another for Facebook Groups, one for vibe-coded games, and other experiments. More are on the way, Zuckerberg teased.
“I expect it to become a lot easier to ship new apps,” said Zuckerberg. “So we are planning to build out more ideas and use our recommendation systems to scale them to the people who will find them interesting.”
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.
Sarah has worked as a reporter for TechCrunch since August 2011. She joined the company after having previously spent over three years at ReadWriteWeb. Prior to her work as a reporter, Sarah worked in I.T. across a number of industries, including banking, retail and software.
You can contact or verify outreach from Sarah by emailing [email protected] or via encrypted message at sarahperez.01 on Signal.
Meta Platforms reported a precipitous 91% drop in second-quarter free cash flow on Wednesday, underscoring the financial strain of the social media giant’s costly AI buildout despite an uncertain payoff.
The Facebook parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 billion reported a year earlier, sending its shares down 10% in extended trading.
Meta’s cash flow wipeout echoed Alphabet’s, which last week said it was cash flow negative for the first time ever as it spent $5.9 billion in the second quarter. The rate of spending stunned even the most bullish of Wall Street investors, driving Alphabet’s stock down.
mark Zuckerberg’s Meta reported free cash flow of $784 million in the second quarter, down from $8.55 billion reported a year earlier, sending its shares down 10% in extended trading. Getty Images Meta’s revenue jumped 28% to $60.8 billion in the quarter, the quickest pace of growth since the fourth quarter of 2021, barring the first quarter of 2026.
“We expect that a significant portion of our compute is going to go towards training our models, growing our core business and delivering personal agents and new products, but we also expect to grow a large business serving large customers as well,” CEO Mark Zuckerberg said on an earnings call.
Meta currently has 32 data centers across the globe in operation or under construction, with 28 of them in the US.
The company also raised the lower end of its capital expenditure outlook. It now expects 2026 capital expenditure to be between $130 billion and $145 billion, compared with its prior forecast of $125 billion to $145 billion. At the beginning of the year it had forecast capex between $115 billion and $135 billion.
Meta now expects 2026 capital expenditure to be between $130 billion and $145 billion, compared with its prior forecast of $125 billion to $145 billion. A $10 billion data center complex under construction in El Paso, Texas. USA TODAY Network via Reuters Connect The feverish spending by Big Tech is expected to reach well above $700 billion this year, primarily on AI, while Morgan Stanley has pegged the estimated spend at more than $1 trillion for the next year.
“Meta’s report echoes what we saw from Alphabet and Tesla last week: strong revenue growth, but even faster growth in spending. The market is repricing a deteriorating free cash flow outlook, and in an environment of higher capital costs, that does not sit well,” said Thomas Monteiro, senior analyst at Investing.com.
. Construction on a $1 billion 520-acre Meta data center in Beaver Dam, Wisc. USA TODAY Network via Reuters Connect Luke Stillman, a managing director at research firm Madison and Wall, said: “Meta’s underlying ad business that’s financing everything though is still performing well and is our main focus.”
Meta’s legal troubles While investors are scrutinizing Meta’s AI spending, it faces legal risks related to its core business. The company said in a court filing this month that four states were seeking $1.4 trillion in penalties over accusations it designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.
Meta had warned in April that legal and regulatory blowback in the European Union and the US over youth social media issues “could significantly impact” its business and financial results.
Meta had warned in April that legal and regulatory blowback in the European Union and the US over youth social media issues “could significantly impact” its business and financial results. The company said on Wednesday that it continued to see this scrutiny.
On the call, Meta CFO Susan Li said second-quarter operating income would have increased 9% year over year without the company’s legal charges and severance expenses. Operating income actually fell 8%.
“We continue to see scrutiny on youth-related issues in several markets and have a number of youth-related trials scheduled for this year in the US, which may ultimately result in a material loss,” she said in the company’s earnings statement.
Amazon rozšířil roli Swamiho Sivasubramaniana, který nově vede „Agentic AI & Emerging Technologies“ a bude určovat AI strategii i technický směr v AWS. Zároveň firma omezuje práci na frontier modelech a víc se soustředí na AI aplikace a služby.
by Todd Bishop on Jul 29, 2026 at 4:38 pmJuly 29, 2026 at 4:50 pm
Swami Sivasubramanian on stage at AWS re:Invent in 2023, with a keynote slide behind him. (GeekWire Photo / Todd Bishop) Amazon just broadened the role of Swami Sivasubramanian, the VP behind AWS’s agentic AI push, expanding and renaming his organization to include emerging technologies, and giving him a larger mandate to shape AI strategy and technical direction across the cloud division.
Sivasubramanian announced the change in a LinkedIn post on Wednesday, saying he will now lead the “Agentic AI & Emerging Technologies” organization, with an expanded title to match.
He described emerging technologies as “the work that doesn’t fit neatly into a team because it doesn’t exist yet.” It’s a type of work he’s done before, including formative roles with DynamoDB, now one of AWS’s most widely used databases, and Bedrock, the platform through which AWS customers access AI models from Anthropic, Meta, and others.
“When the industry is changing this quickly, it’s important to step back, pressure-test ideas, and see the big picture to help teams scale their impact,” he wrote.
Sivasubramanian’s agentic AI division has operated as a test case for running Amazon like a startup, with small teams shipping products in months that once took a year, as GeekWire reported in June.
He’ll continue overseeing the teams behind Kiro, Amazon Quick, and AWS Transform, while taking on new areas including neurosymbolic AI and a recently announced service called AWS Context, which builds a knowledge graph from a company’s existing data so AI agents can query it.
The expansion builds on moves already underway, including the hiring in May of former Microsoft security exec Shawn Bice to lead AWS’s Automated Reasoning Group, which uses mathematical techniques to verify that AI agents are doing what they’re supposed to do.
It also coincides with a broader reshuffling of Amazon’s AI strategy and teams.
Amazon laid off employees in its artificial general intelligence organization last week and confirmed the closure of its San Francisco AGI site, but noted that its frontier model research will continue under Pieter Abbeel, who joined Amazon through its acquisition of robotics startup Covariant.
Business Insider reported Monday that Amazon is winding down most of its in-house Nova foundation models, including its high-end Premier and Omni models, and concentrating engineering talent and computing resources on a smaller number of frontier efforts.
Sivasubramanian’s expanded role is separate from the AGI changes, and the two organizations operate independently of one another within Amazon. But the net effect is that Amazon is narrowing its work in frontier models while expanding its efforts in AI applications and services.
This mirrors a larger pattern across the industry, as big AI providers look to ensure the billions they’re sinking into chips and data centers pay off in customer outcomes and business growth.
Microsoft CEO Satya Nadella. Sven Hoppe/picture alliance via Getty Images Microsoft kept its capex forecast unchanged on Wednesday, becoming one of the first data center giants to hold the line on the industry's runaway AI spending spree.
The stock surged about 8% on the news.
Earlier this year, the company said it planned to spend $190 billion on capital expenditures this calendar year.
On Wednesday's earnings call, Microsoft kept this spending forecast steady. Due to an accounting change, this capex guidance is now $175 billion. However, in reality, Microsoft is keeping its AI capex plan the same for this year.
The decision to keep a lid on capex is unusual. Most cloud giants have been steadily increasing their AI spending forecasts as they race each other to grab a big share of this fast-growing market.
However, investors have become increasingly concerned about the returns on these huge investments. That's led some on Wall Street to wonder whether tech giants would blink during this earning season.
Alphabet recently increased its capex projection by $15 billion. Tesla also bumped up its own projection. Both stocks fell sharply last week on the news as investors punished the higher spending plans. And on Wednesday, Meta narrowed its own capex forecast range, raising the midpoint by $2.5 billion for the year.
Even prior to Alphabet's increased forecast, Google, Amazon, Microsoft, and Meta had already laid out plans to spend more than $700 billion this year largely on AI data centers.
That spending binge has sent the price of memory chips soaring this year. Memory is a big part of data center costs, so these increases have made it more expensive to build AI capacity.
This means that rising AI capex forecasts have been at least partly driven by higher memory costs, rather than new plans to build more capacity.
Earlier research found that soaring memory prices could explain about 45% of the growth in capex by the big cloud companies this year.
So, with Microsoft keeping its capex plans steady, this could imply the company actually ends up pulling back slightly from building more capacity.
Have a tip? Contact this reporter via email at [email protected] or Signal at +1-425-344-8242. Use a personal email address and a nonwork device; here's our guide to sharing information securely.
Microsoft vykázal z investice do Anthropic zisk 3,2 miliardy USD, který zvýšil zředěný EPS o 33 centů. Investici do OpenAI naopak ve čtvrtletí odepsal asi o 600 milionů USD.
Image Credits:Justin Sullivan / Getty Images When Microsoft reported killer fourth-quarter earnings for its fiscal 2026 year (which ended June 30), it tucked in an interesting little tidbit about how its investments in the two biggest, and competing, AI labs are doing.
For the quarter, it recorded its investment in Anthropic as a $3.2 billion gain, boosting diluted earnings per share by 33 cents. (Microsoft reported diluted earnings per share of $4.81 for the quarter). Microsoft invested $5 billion in Anthropic in November 2025 as part of a circular agreement under which the AI lab also agreed to buy $30 billion worth of Azure services.
Microsoft does not routinely update the value of its Anthropic investment each quarter. It does, however, discuss its OpenAI investment quarterly. Microsoft said investment did not fare nearly as well in the quarter, and marked it down about $600 million, reducing diluted EPS by about 7 cents per share.
Microsoft owns about 27% of OpenAI. And while Microsoft also receives revenue-share payments, it doesn’t report how much OpenAI pays under that arrangement. Instead, Microsoft accounts for the value of its investment. While this quarter brought a pretty sizable decline in the value of that investment, the $600 million write-down was still mostly a rounding error for Microsoft. The company delivered a highly profitable quarter, reporting $90 billion of revenue and net income of $35.8 billion for the quarter. Microsoft’s revenue was $331.8 billion with a net income of $133.7 billion for the year.
Microsoft’s OpenAI investment looks much better when viewed on a full-year basis.
For the year, Microsoft’s OpenAI investment generated a $5 billion gain and added $0.67 on EPS, respectively, the company reported. (Microsoft reported $17.95 EPS for its fiscal year.) Still, it is noteworthy that Microsoft reported nearly as much of a gain on Anthropic in one quarter as it did for the year on OpenAI. In fact, it is so noteworthy that Microsoft disclosed it.
Johnson & Johnson snížila výhled upraveného zisku pro rok 2026 na 10,96 až 11,11 USD na akcii z 11,60 až 11,75 USD. Výhled tržeb ale ponechala na 100,8 až 101,4 miliardy USD.
People gather next to a logo of Johnson & Johnson at the company’s booth at the 8th China International Import Expo (CIIE) in Shanghai, China, November 6, 2025.REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab
CompaniesJuly 29 (Reuters) - Johnson & Johnson (JNJ.N), opens new tab cut 2026 profit forecast on Wednesday, citing the combined financial impact of its newly completed acquisition of Firefly Bio and a strategic partnership with Sail Biomedicines.
The healthcare giant expects full-year adjusted earnings per share of $10.96 to $11.11, compared with its previous forecast of $11.60 to $11.75. Its shares were down 1.6% in extended trading.
Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.
The two transactions are expected to reduce the company's 2026 adjusted earnings by about $0.64 per share, with the Firefly acquisition contributing $0.46 and the Sail Biomedicines agreement $0.18.
The Sail Biomedicines partnership includes an option to acquire the biotech for $2.58 billion and focuses on developing next-generation autoimmune disease therapies.
Under the agreement, J&J will make an initial payment of $785 million, including a $465 million equity investment in Sail. Sail could also receive up to $140 million in additional payments if it hits certain development milestones.
The partnership focuses on in-vivo CAR-T therapies, which are designed to reprogram immune cells directly inside a patient's body, without the need of extracting them.
The maker of drugs and medical devices, however, kept its annual revenue expectations intact at $100.8 billion to $101.4 billion.
J&J also said the Sail and Firefly deals were expected to impact 2027 adjusted earnings by $1.36 per share, comprising $0.08 from Firefly and $1.28 from Sail, contingent on the achievement of specified development milestones and the exercise of its contractual options.
The forecast cut comes days after the company agreed to pay an estimated $5.5 billion to settle tens of thousands of lawsuits alleging that its baby powder and other talc-based products caused ovarian cancer, a deal that could bring an end to a decade-long legal battle that has weighed on its reputation.
Reporting by Padmanabhan Ananthan in Bengaluru; Editing by Shilpi Majumdar
Our Standards: The Thomson Reuters Trust Principles., opens new tab
