Track market-moving stories before they get noisy

Key Takeaways Fastenal's contract sales rose 17.6%, reaching 75.8% of quarterly sales as larger accounts gained share.Digital Footprint sales grew 16.2%, while FMI sales climbed 16.4% to $1.08 billion in Q2.FAST's gross margin fell 75 bps as tariffs, supplier inflation, freight and customer mix weighed on margins. Fastenal Company (FAST - Free Report) is becoming a useful read-through on how industrial distribution is changing. The company’s latest results show customers moving toward larger supplier relationships, digital procurement and automated inventory tools.

Those trends support growth, but they also reshape revenue mix and margins. The key question is whether scale and operating leverage can keep offsetting cost and gross-margin pressure.

Fastenal Shows the Shift to Larger AccountsFastenal’s second-quarter 2026 contract sales increased 17.6% year over year and represented 75.8% of quarterly sales, up from 73.2% a year earlier. Contract count rose 7.2% to 3,694, showing that more customers are consolidating spend through structured relationships.

The larger-site data points in the same direction. Customer sites spending at least $50,000 per month increased 16.5% to 3,125, while sales from those sites rose to $1.38 billion from $1.09 billion. That shift makes Fastenal less dependent on one-off transactions and more tied to integrated service models.

FAST Digital Adoption Is Changing DistributionFastenal’s Digital Footprint daily sales increased 16.2% in the second quarter and represented 61.6% of revenues. eBusiness sales rose 12.6%, reflecting deeper customer use of procurement-system connections and digital ordering.

Fastenal Managed Inventory is another sign of where the industry is heading. FMI sales rose 16.4% to $1.08 billion, and the installed base of weighted FASTBin and FASTVend devices increased 6.5% to 140,789 units. These tools embed replenishment and usage data into customer workflows.

Fastenal Margin Trends Reflect a New Trade-OffThe growth quality is improving, but the margin mix is more complicated. Larger strategic customers typically generate more recurring sales and higher profit dollars, but they also tend to carry lower gross margins because of scale and negotiated pricing.

That is the emerging trade-off for industrial distributors. Fastenal’s gross margin declined 75 basis points to 44.6% in the second quarter, while operating margin held at 21% because selling, general and administrative expense leverage offset the drag.

FAST Faces a More Complex Cost EnvironmentTariffs, supplier inflation and freight costs remain important pressures. Unfavorable net price-cost reduced gross margin by about 40 basis points in the second quarter, and customer mix, transportation costs and rebate activity added pressure.

That makes cost recovery a continuing trend to watch across the supply chain. Even with stable demand, trade-policy changes or supplier increases can slow pricing recovery and make quarterly profitability less predictable.

What Fastenal Says About 2026 DemandDemand appears stable to modestly positive, not uniformly strong. Fastenal’s manufacturing daily sales rose 14.9% in the second quarter, led by 18.1% growth in heavy manufacturing, while non-residential construction increased 17%.

Other end markets rose 14.1%, helped by transportation and warehousing customers. That breadth supports the view that industrial demand is constructive, although management commentary also pointed to softness in certain discretionary consumer-linked areas.

FAST Ratings Match a Trend-Driven StoryThe bottom line is that FAST remains a trend-driven industrial distribution story, with digital tools, contract growth and large-site expansion supporting revenue durability. W.W. Grainger, Inc. (GWW - Free Report) provides a relevant comparison because it also operates across industrial supplies, online channels, inventory management services and technical support.

Applied Industrial Technologies, Inc. (AIT - Free Report) is another useful peer for the broader distribution backdrop, with exposure to bearings, power transmission, fluid power and other industrial products.

FAST stock currently carries a Zacks Rank #2 (Buy), with a Momentum Score of A, Growth Score of C and Value Score of D. The Rank and Momentum Score support the near-term setup, while the Value Score suggests investors should still watch how much of the digital and contract-strength story is already reflected in the stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Illinois Tool Works (ITW - Free Report) , which belongs to the Zacks Manufacturing - General Industrial industry, could be a great candidate to consider.

This equipment manufacturer for the transportation, power, food and construction industries has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.90%.

For the most recent quarter, Illinois Tool Works was expected to post earnings of $2.55 per share, but it reported $2.66 per share instead, representing a surprise of 4.31%. For the previous quarter, the consensus estimate was $2.68 per share, while it actually produced $2.72 per share, a surprise of 1.49%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Illinois Tool Works lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Illinois Tool Works currently has an Earnings ESP of +0.31%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 28, 2026.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

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The S&P Pantera Digital Asset Index brings credibility and structure to digital asset indexing by focusing on quality and real utility

, /PRNewswire/ -- S&P Dow Jones Indices, the world's leading index provider, and Pantera Capital, a leading digital asset-native investment firm, have launched the S&P Pantera Digital Asset Index, designed to serve as a benchmark for institutional investors who want to allocate to digital assets in a more disciplined and structured way.

Unlike many existing crypto indexes that focus on price momentum or popular tokens (including meme coins or Bitcoin), this new index uses a rules-based approach similar to what's used in traditional finance benchmarks. It only includes tokens and companies that show real-world use and generate actual revenue. The goal is to highlight digital assets with strong fundamentals—those that are actually being used and have economic value—rather than those that are just speculative or trending.

The index helps global investors move beyond name recognition and single-asset indices, offering a more disciplined and transparent way to measure investments in the blockchain and digital asset space. It's also designed to be used as a reference for new investment products or for managers who actively pick digital assets.

"S&P Dow Jones Indices helps investors cut through market noise with benchmarks you can trust. With the S&P Pantera Digital Asset Index, we bring that same discipline to digital assets, using a fundamentals-driven, economics-based framework built for diversified portfolios. In collaboration with Pantera and powered by Artemis data, we apply the same standards in trusted benchmarks like the S&P 500 to help investors focus on fundamentals in one of today's most fast-moving asset classes," said Cathy Clay, CEO at S&P Dow Jones Indices.

The launch signals a new phase for digital assets: growing market maturity. Blockchain use cases are proving broader value, regulation is becoming clearer in major markets, and institutional involvement is getting easier. However, many existing products don't reflect the complexity of the asset class or separate potentially speculative exposure from real blockchain-driven activity.

"We're thrilled to bring Pantera's digital asset expertise to this collaboration with S&P Dow Jones Indices. Pantera has spent years building digital asset-native research and governance designed for institutional outcomes. For global investors, the biggest friction point in crypto hasn't changed; it's knowing how to allocate. We believe we're at a pivotal moment for digital assets, and that's why we worked with S&P Dow Jones Indices to build an index designed to identify which digital assets and infrastructure truly matter," said Dan Morehead, Pantera Founder and Managing Partner.

To learn more about the S&P Pantera Digital Asset Index, visit here.

To learn more about the S&P Pantera Digital Index methodology visit here.

ABOUT S&P DOW JONES INDICES 

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spglobal.com/spdji.  
 

ABOUT PANTERA CAPITAL 

Pantera Capital is the first institutional investment firm focused exclusively on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem. Pantera launched the first cryptocurrency fund in the United States when bitcoin was at $65 /BTC in 2013. The firm subsequently launched the first exclusively-blockchain venture fund. In 2017, Pantera was the first firm to offer an early-stage token fund. Pantera Bitcoin Fund has returned 114,841% in twelve years and has returned billions to its investors. Pantera manages over $3 billion across three strategies – passive, hedge, and venture – exclusively focused on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem. For more information, visit: https://panteracapital.com/

FOR MORE INFORMATION: 

Silke McGuinness 
Global Head of Communications, S&P DJI  
(+1) 415-205-8414
[email protected]  

Lemuel Brewster
Americas Communications, S&P DJI
(+1) 917-805-1089
[email protected] 

SOURCE S&P Dow Jones Indices

The mining industry is set to report second-quarter 2026 earnings against a backdrop of stronger year-over-year commodity prices and resilient demand for copper, gold and other critical minerals. While precious metals such as gold and silver retreated from the record highs reached earlier this year, they remained well above year-ago levels throughout the quarter. Meanwhile, industrial metals, including copper and zinc, strengthened during the period. 

The mining stocks fall within the broader Zacks Basic Materials sector, which seems positioned for a solid performance this earnings season. Per the latest Earnings Trends report, the sector is among seven of the 16 Zacks sectors expected to deliver double-digit year-over-year earnings growth. Sector earnings are projected to increase 45.2% on 14.3% revenue growth, supported by higher realized commodity prices. 

Against this favorable backdrop, we have identified four mining companies, FreeportMcMoRan (FCX - Free Report) , Teck Resources (TECK - Free Report) , DPM Metals Inc. (DPMLF - Free Report) and Triple Flag Precious Metals Corp. (TFPM - Free Report) that appear poised to beat earnings estimates this season and are also likely to deliver improved year-over-year results. 

How Have Things Shaped Up for These Companies?Price movements across key non-ferrous metals during the April–June 2026 period remained favorable, providing meaningful support to miners’ top lines. 

Gold had a volatile second quarter following its strong start to the year. The metal touched a high of $4,917.70 per ounce in mid-April, below the record $5,626.80 reached in January, before falling to $3,955.40 by the end of June. Despite the pullback, gold averaged roughly $4,532 per ounce during the quarter, up 37% year over year.

Gold prices came under pressure for much of the quarter on expectations of a resolution to the U.S.-Iran conflict. Rising real yields and a stronger U.S. dollar increased the opportunity cost of holding non-yielding assets such as gold. Even after the correction, gold remained among the best-performing commodities over the past year.

Silver also experienced heightened volatility. Prices reached a high of $90 an ounce during the second quarter, lower than the high of $121.78 an ounce hit in January. The metal remained sensitive to geopolitical developments, inflation concerns driven by higher energy prices, a stronger U.S. dollar and shifting expectations for U.S. monetary policy. Nevertheless, silver averaged $73.54 per ounce during the quarter, representing a 118% increase from the year-ago period.

Copper prices ranged between $5.51 and $6.72 per pound during the quarter, averaging $6.19 per pound, up 30% year over year. Continued demand from electrification, renewable energy projects and grid infrastructure investment, along with improving industrial activity and persistent supply concerns, continued to support prices.

Among other base metals, zinc prices increased roughly 30% year over year, supported by improving industrial activity, tight concentrate supplies and production cuts at several smelters.

Overall, these favorable commodity price trends are expected to have supported revenues for companies such as Freeport-McMoRan, Teck Resources, DPM Metals and Triple Flag Precious Metals.

However, operating conditions remained challenging. Higher input costs, particularly fuel and energy expenses, are likely to have partially offset the benefit of stronger commodity prices during the quarter. Miners continued focusing on improving throughput, optimizing portfolios and mining higher-grade ore to help mitigate cost pressures.

How to Pick Earnings Estimates Beating Stocks?Identifying stocks that are poised to beat on earnings in their upcoming releases might seem a daunting task. However, our proprietary Zacks methodology makes it fairly simple. 

One can pick stocks which have the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.

Our research shows that for stocks with this combination, the chance of an earnings surprise is as much as 70%.

Earnings ESP is our proprietary methodology for determining stocks that have the best chances to surprise with their next earnings announcement. It is the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

4 Potential Outperformers This SeasonTeck Resources has an Earnings ESP of +19.61% and a Zacks Rank of 2 at present. The company is scheduled to report second-quarter 2026 results on July 23.

The Zacks Consensus Estimate for TECK’s second-quarter earnings is pegged at 79 cents per share, implying an 185% surge from the year-ago quarter’s actual. The estimate has moved up 14.9% over the past 60 days. TECK has an average earnings surprise of 52.6% in the trailing four quarters.

Our model projects second-quarter copper production of 127.8 thousand tons, up 17% year over year, supported by higher output from Quebrada Blanca, Highland Valley Copper, Antamina and Carmen de Andacollo. Copper sales are also projected to increase 25% to 127.8 thousand tons.

We estimate second-quarter zinc production of 108.3 thousand tons, down 36% year over year, reflecting lower output at Antamina and Red Dog. We project second-quarter refined zinc output at 52.8 thousand tons, indicating a 3.5% rise. Sales at Red Dog are expected to be 30-40 thousand tons, and our estimate is 40 thousand tons, implying a 14% increase. We expect total refined zinc sales to decline 5.7% to 52.8 thousand tons and zinc in concentrate sales to be down 22.5% to 50.4 thousand tons.

Higher sales volumes for copper and higher prices for copper and zinc are expected to have offset the impacts of lower zinc sales volumes and elevated costs in the quarter.

FreeportMcMoRan has an Earnings ESP of +6.93% and a Zacks Rank of 3 at present. It is scheduled to release second-quarter 2026 results on July 23 

The Zacks Consensus Estimate for FCX’s second-quarter earnings has moved up 5.26% over the past 60 days and is pegged at 60 cents per share. It indicates a 11% increase from the year-ago quarter. The company has an average earnings surprise of 32.1% in the trailing four quarters.

The company’s outlook for copper sales volumes for the second quarter of 2026 of 690 million pounds indicates a sequential improvement, but suggests a 32% year-over-year decline. Freeport's outlook for the second quarter of 2026 also suggested higher costs on a sequential basis. It expects unit net cash costs to rise to $2.24 per pound, which reflects a roughly 98% year-over-year increase. The uptick in costs reflects higher costs of energy and other consumables due to the Middle East conflict and persistent pressure on volumes. 

Higher prices of copper and gold are expected to negate the impact of lower sales and higher costs on its margins.

DPM Metals has an Earnings ESP of +25.76% and a Zacks Rank of 3 at present. It is expected to release second-quarter 2026 results on July 30.

The Zacks Consensus Estimate for DPM Metals’ second-quarter earnings is pegged at 66 cents per share, indicating a 27% increase from the year-ago quarter. The estimate has moved down 4.3% over the past 60 days. DPMLF has an average earnings surprise of 8.77% in the trailing four quarters.

The company recently reported second-quarter production of approximately 102,000 gold equivalent ounces (GEOs) compared with 84,042 GEOs in the first quarter, driven by strong performance at Chelopech and the continued ramp-up at the Vareš mine.

Vareš produced approximately 35,000 GEOs, in line with its planned ramp-up toward full production. Development rates exceeded 400 meters per month, while processed ore increased 48% sequentially to 117,000 tons. Chelopech produced approximately 56,000 GEOs, benefiting from higher planned gold and silver grades. Ada Tepe produced approximately 11,000 GEOs in the second quarter. 

Payable metals in concentrate sold were 87,000 GEOs in the second quarter. Overall, higher production, sales and prices are expected to boost the company’s second-quarter results. 

Triple Flag Precious Metals has an Earnings ESP of +1.52% and a Zacks Rank of 3 at present. It is expected to release second-quarter 2026 results on Aug. 5.

The Zacks Consensus Estimate for TFPM’s second-quarter 2026 earnings is 33 cents per share, indicating a 37.5% year-over-year increase. The estimate has moved down 5.7% over the past 60 days. TFPM has an average earnings surprise of 7.79% in the trailing four quarters.

The company recently reported preliminary second-quarter metal sales of 28,674 GEOs, essentially unchanged from 28,682 GEOs in the year-ago quarter. Gold GEOs declined 6% year over year to 18,181, but this was offset by a 6% increase in silver GEOs to 9,846. Copper GEOs totaled 647 during the quarter. Second-quarter revenues reached $129.2 million, up 37% year over year, driven primarily by higher silver sales volumes and stronger realized metal prices. Preliminary cost of sales, excluding depletion, was approximately $25 million.

During the second quarter, the company also completed the $440 million acquisition of a gold stream on the Ravenswood mine in Australia, adding immediate cash flow, and bought back $20 million of shares in the open market.

Designer Brands (DBI - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Designer Brands is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Designer Brands, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Designer BrandsFor the fiscal year ending January 2027, this footwear and accessories retailer is expected to earn $0.38 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Designer Brands. Over the past three months, the Zacks Consensus Estimate for the company has increased 8.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Designer Brands to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Key Takeaways Halliburton beat Q2 earnings and revenue estimates as sales increased 3.7% year over year.HAL saw higher revenues from both business segments, with international sales rising 5.7% year over year.Halliburton expects growth from contract wins, improving North America activity and capital discipline. Halliburton Company (HAL - Free Report) reported second-quarter 2026 adjusted net income per share of 55 cents, marginally beating the Zacks Consensus Estimate of 54 cents. The outperformance was backed by year-over-year revenue growth. However, the bottom line was flat compared with the prior-year level.

Meanwhile, the Houston, TX-based oil and gas equipment and services company’s second-quarter revenues of $5.7 billion were up 3.7% year over year and beat the Zacks Consensus Estimate of $5.5 billion. The outperformance was driven by higher revenues in both segments of the company — the Completion and Production segment and the Drilling and Evaluation segment.

Inside Halliburton’s Regions & SegmentsNorth America revenues increased by $17 million year over year to $2.3 billion, driven by higher stimulation activity and increased well construction activity in the United States and higher fluids activity in the Gulf of America, also beating our projection by around $29 million. On the other hand, revenues from Halliburton’s international operations increased 5.7% from the year-ago period to $3.4 billion.

The Completion and Production segment earned $474 million in operating income, lower than last year’s $513 million. The figure also missed our estimate of $480 million. The underperformance of the segment was due to lower specialty chemicals activity in North America resulting from the sale of a portion of the chemical business, decreased cementing activity in Latin America and lower activity across multiple product service lines in the Middle East.

The Drilling and Evaluation unit’s profit increased to $338 million in the second quarter of 2026 from $312 million in the same period of 2025. The figure also beat our estimate of $322 million. This rise was backed by increased drilling-related services and higher wireline activity in North America and Europe/Africa and increased drilling-related services in Asia.

HAL’s Q2 Balance SheetHalliburton reported second-quarter capital expenditure of $235 million. As of June 30, 2026, the company had approximately $2 billion in cash/cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization of 39%. HAL bought back $200 million worth of its stock and invested $46 million in the SAP S/4 migration during the second quarter of 2026. The company generated $824 million of cash flow from operations in the second quarter, leading to a free cash flow of $668 million.

HAL’s Management Remarks & OutlookHalliburton's management remains optimistic about the company's growth prospects, supported by its differentiated technology portfolio and strong value proposition. Management expects these strengths to drive revenue growth and margin expansion over the coming quarters. Internationally, the company is encouraged by recent contract wins and a robust pipeline of future opportunities, with demand for its services and technologies increasing across all regions. In North America, management noted a recovery during the quarter and anticipates further gradual improvement through the remainder of the year. Halliburton also reaffirmed its commitment to capital discipline and delivering strong shareholder returns, viewing these priorities as key drivers of its long-term success.

HAL's Zacks Rank & Key PicksHalliburton currently carries a Zacks Rank #3 (Hold).

Investors interested in the energy sector might consider better-ranked stocks such as Cheniere Energy, Inc. (LNG - Free Report) , Energy Transfer LP (ET - Free Report) and Venture Global, Inc. (VG - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cheniere Energy is valued at $55.52 billion. It is primarily engaged in the business of liquefied natural gas (LNG - Free Report) . Cheniere Energy constructs and operates LNG terminals, and is also involved in LNG and natural gas marketing.

Energy Transfer is valued at $69.79 billion. ET is a diversified midstream partnership with operations spanning natural gas, NGLs, crude oil, refined products, terminalling, storage and related services in the United States.

Venture Global is valued at $35.5 billion. It is a cost-efficient provider of LNG sourced from rich natural gas basins in North America. VG is developing LNG export projects along the U.S. Gulf Coast in Louisiana — the Calcasieu Pass Project, the Plaquemines Project, the Plaquemines Expansion Project, the CP2 Project, the CP2 Expansion Project and the CP3 Project.

T. Rowe Price (TROW - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.

Analysts' growing optimism on the earnings prospects of this financial services firm is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank.

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.

For T. Rowe Price, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:

12 Month EPS

Current-Quarter Estimate RevisionsFor the current quarter, the company is expected to earn $2.52 per share, which is a change of +12.5% from the year-ago reported number.

Over the last 30 days, the Zacks Consensus Estimate for T. Rowe has increased 5.17% because six estimates have moved higher compared to no negative revisions.

Current-Year Estimate RevisionsThe company is expected to earn $10.13 per share for the full year, which represents a change of +4.2% from the prior-year number.

There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, seven estimates have moved up for T. Rowe versus no negative revisions. This has pushed the consensus estimate 5.13% higher.

Favorable Zacks RankThanks to promising estimate revisions, T. Rowe currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.

Bottom LineWhile strong estimate revisions for T. Rowe have attracted decent investments and pushed the stock 7.9% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.

New York, New York--(Newsfile Corp. - July 21, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), of the important July 28, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Lucid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid's business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305962

Source: The Rosen Law Firm PA

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NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-05128, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired Lucid securities during the Class Period, you have until July 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.  
 

[Click here for information about joining the class action]

Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles, EV powertrains, and battery systems.  The Company’s products include, inter alia, the “Lucid Air” sedan and “Lucid Gravity” sport utility vehicle.

At all relevant times, Defendants touted purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations.  In particular, beginning in late-February 2026, Defendants represented that, in fiscal year (“FY”) 2025, they had implemented sustainable improvements in these areas, including with respect to the production and ramp-up of deliveries of the Lucid Gravity.  Defendants likewise asserted that these improvements would lead to profitable growth and performance efficiencies in FY 2026.  Unbeknownst to investors, however, Lucid’s performance was materially hampered by significant supplier and delivery issues in February 2026, putting the Company on track for dismal, rather than improved, performance in its first quarter (“Q1”) of 2026.

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i)  a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The truth began to emerge on April 3, 2026, when Lucid issued a press release “announc[ing its Q1 2026] production and delivery totals[.]”  Lucid revealed that it had “produced 5,500 vehicles” during Q1 2026, while only “deliver[ing] 3,093 vehicles.”  The press release further disclosed that, “[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats” and, “[a]s a result of this, the company’s ability to meet customer demand was impacted.”

The same day, Reuters published an article entitled “Lucid misses first-quarter vehicle delivery estimates on supplier disruptions”.  The article provided additional color and comments from Defendant Marc Winterhoff (“Winterhoff”), the Company’s Interim Chief Executive Officer (“CEO”), regarding Lucid’s disappointing Q1 2026 delivery results—most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced.

The next trading day, April 6, 2026, 24/7 Wall St. published an article entitled “Lucid Faces Biggest Disaster Ever”, which described the number of vehicles that Lucid delivered in Q1 2026 as “remarkably small”, stating that Lucid “cannot sell fewer than 4,000 vehicles and even pretend this is sustainable.” 

Following the foregoing news and disclosures, Lucid’s stock price fell $1.13 per share, or 11.35%, over the following two trading sessions, to close at $8.83 per share on April 7, 2026.

On April 14, 2026, Lucid filed a current report on Form 8-K with the United States Securities and Exchange Commission (“U.S.”), reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion.

The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering.

Following these disclosures, Lucid’s stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.

Then, on May 5, 2026, Lucid issued a press release reporting its Q1 2026 financial results, including GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million.  Defendant Winterhoff, as quoted in the press release, acknowledged that the previously disclosed “supplier issue . . . during the quarter had an impact,” and the need to “align[] production and delivery with customer demand.”  Lucid’s Chief Financial Officer, Defendant Taoufiq Boussaid, as quoted in the same press release, likewise acknowledged that “[w]e ended the quarter with elevated inventory that we expect to convert to revenue and cash as deliveries normalize[.]”

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising.  Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980  

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Wix.com Ltd. (“Wix” or the “Company”) (NASDAQ: WIX).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Wix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 13, 2026, Wix released its Q1 2026 financial results.  Wix reported earnings and revenue below consensus expectations, and a sharp decline in operating margins which it largely attributed to softness in its professional developer business.  Specifically, Wix acknowledged that its professional developer customers were using competing AI tools, its new Wix Harmony platform had “holes” and “missing capabilities,” there had been delays in delivering product updates and innovation to professional developer customers, and as a result the Company had fallen behind “the workflow and the needs of” professional developers. 

On this news, Wix’s stock price fell $20.56 per share, or 27%, to close at $55.32 per share on May 13, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980   

New York, New York--(Newsfile Corp. - July 21, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zoetis Inc. (NYSE: ZTS) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zoetis securities between January 14, 2025 and May 6, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ZTS.

Zoetis Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements concerning the growth, competitive positioning, market share, and veterinarian adoption of key products within the Companion Animal segment while failing to disclose that:

veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; Zoetis' Simparica Trio was losing significant market share to a lower-priced competing canine parasiticide with broader indicated use in a slowing overall market; and Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment.What's Next for Zoetis Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ZTS, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zoetis you have until July 27, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Zoetis Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Zoetis Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299405

Source: Bronstein, Gewirtz & Grossman, LLC

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Zoetis Inc. (ZTS) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit PR Newswire BENS

Key Takeaways SYF raised the low end of its 2026 EPS outlook and expects receivables growth to accelerate in H2.Synchrony Financial posted a 24.5% EPS beat as record purchase volume and loan growth fueled Q2 results.SYF returned $950 million via buybacks and dividends, with $5.7 billion repurchase capacity left. Synchrony Financial (SYF - Free Report) reported second-quarter 2026 adjusted earnings per share (EPS) of $2.59, which surpassed the Zacks Consensus Estimate by 24.5%. The bottom line increased 3.6% year over year.

Net interest income increased 1.9% year over year to $4.6 billion but missed the consensus estimate by 1.1%. The growth was driven by lower interest-bearing liability costs, partly offset by lower loan and liquidity portfolio yields.

The quarterly results were driven by record purchase volume, accelerated growth in ending loan receivables despite elevated payment behavior, continued credit strength and an expansion in net interest margin. However, higher operating expenses and an increase in the provision for credit losses partly offset these positives.

Synchrony Financial Price, Consensus and EPS SurpriseSynchrony’s Q2 Results in DetailRetailer share arrangements of Synchrony advanced 3.5% year over year to $1 billion in the second quarter. Total loan receivables were $102.2 billion, up 2.4% year over year. The figure beat the Zacks Consensus Estimate of $101.9 billion as well as our estimate of $101.8 billion.

Total deposits increased 0.7% year over year to $82.8 billion but missed our estimate of $83.5 billion. Provision for credit losses increased 4.8% year over year to $1.2 billion, primarily due to a smaller reserve release than in the prior-year period, partially offset by lower net charge-offs. However, the reported figure came in below our estimate of $1.5 billion.

Synchrony’s purchase volume rose 8.1% year over year to $49.8 billion on higher spend per account. The figure beat the consensus estimate of $48.7 billion and our estimate of $47.7 billion.

Interest and fees on loans increased 1% year over year to $5.4 billion but marginally missed our estimate of $5.5 billion. The increase was driven by higher loan receivables yields, partly offset by lower benchmark rates. Net interest margin expanded 30 basis points year over year to 15.08% but fell short of the Zacks Consensus Estimate of 15.25%.

Average active accounts increased 0.4% year over year at 68.3 million, missing the Zacks Consensus Estimate of 68.9 million and our estimate of 68.7 million.

Total other expenses increased 6.9% year over year to $1.33 billion, slightly above our estimate of $1.30 billion. The efficiency ratio rose 170 basis points year over year to 35.8%, which outpaced the Zacks Consensus Estimate of 35.05%.

Movement in Individual Sales PlatformsHome & Auto period-end loan receivables decreased 0.1% year over year in the second quarter. Purchase volume rose 5.8% year over year, reflecting the performance of new programs. Interest and fees on loans declined 0.1% year over year.

Digital period-end loan receivables inched up 4.4% year over year. Purchase volume increased 9.2%, driven by strong performance across diversified partners. Interest and fees on loans rose 1.8% year over year.

Diversified & Value period-end loan receivables increased 6.5% year over year. Purchase volume increased 11.7%, driven by partner expansion and higher gas sales. Interest and fees on loans increased 1.6% year over year.

Health & Wellness period-end loan receivables inched up 0.5% year over year. Purchase volume increased 2.1% year over year, supported by growth in Pet, partly offset by lower Cosmetic spending. Interest and fees on loans advanced 2.7% year over year.

Lifestyle period-end loan receivables decreased 0.9% year over year in the second quarter. Purchase volume rose 6%, reflecting new program growth and higher spending in Other Apparel and Goods and Luxury. Interest and fees on loans declined 1.9% year over year.

Synchrony’s Financial Position (As of June 30, 2026)Synchrony exited the second quarter with cash and equivalents of $16.2 billion, which increased from the 2025-end level of $15 billion. Total assets of $121.9 billion increased from the 2025-end figure of $119.1 billion. SYF’s balance sheet was consistently strong in the reported quarter, with total liquidity of $19.8 billion accounting for 16.2% of its total assets.

Total borrowings were $16.4 billion, up from $15.2 billion as of Dec. 31, 2025. Total equity of $16.9 billion inched up from the 2025-end figure of $16.8 billion.

Return on assets decreased 30 basis points to 2.9%. Return on equity was 21.4%, which decreased 170 bps year over year.

Capital Deployment UpdateSynchrony returned $950 million to shareholders, including $850 million through share buybacks and $100 million in dividends. As of June 30, 2026, the company had a total remaining repurchase authorization of $5.7 billion, with no expiration date.

SYF’s 2026 GuidanceSynchrony continues to anticipate mid-single-digit growth in period-end loan receivables. Strong purchase volume growth is expected to continue throughout 2026. The payment rate is expected to remain high. SYF expects receivables growth to accelerate in the second half of 2026.

The company narrowed its 2026 earnings per share guidance to $9.25-$9.50 from $9.10-$9.50, raising the lower end of the range.

RSA, as a percentage of average loan receivables, is increasing, reflecting strong program performance, and is expected to remain within the 4-4.5% target range.

SYF’s Zacks Rank & Key PicksSYF currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader Finance space are Alerus Financial Corporation (ALRS - Free Report) and AcadianAsset Management Inc. (AAMI - Free Report) , both currently sporting a Zacks Rank #1 (Strong Buy), and Trupanion, Inc. (TRUP - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Alerus Financial is set to report second-quarter 2026 results on July 29, after the market closes. The Zacks Consensus Estimate for earnings is pegged at 78 cents per share, which has witnessed one upward revision in the past 60 days, with no movement in the opposite direction. The company beat on earnings in each of the trailing four quarters, with the average surprise being 35.8%. The consensus estimate for Alerus Financial’s second-quarter revenues is pinned at $76.85 million.

Acadian Asset Management is set to report second-quarter 2026 results on July 30, before the market opens. The Zacks Consensus Estimate for earnings is pegged at $1.05 per share, which has witnessed one upward revision in the past 60 days, with no movement in the opposite direction. The company beat on earnings in three of the trailing four quarters and missed once, with the average surprise being 8.6%. The consensus estimate for Acadian Asset Management’s second-quarter revenues is pinned at $179.43 million.

Trupanion is set to report second-quarter 2026 results on Aug. 5, after the market closes. The Zacks Consensus Estimate for earnings is pegged at 11 cents per share, which has remained stable over the past 60 days. The consensus estimate for Trupanion’s second-quarter revenues is pinned at $389.65 million, indicating a 10.2% year-over-year increase.

The prevailing narrative says the consumer, squeezed by inflation, higher gas prices and a steady sense of uncertainty, is ready to pull back. Synchrony’s second-quarter results point in a more optimistic direction. People are still using their cards, and much of the growth is coming from how often they spend rather than from bigger individual purchases.

The results, reported Tuesday (July 21), put purchase volume at $49.8 billion, up 8% from $46.1 billion a year earlier. Average active accounts were roughly flat at 68.3 million, compared with 68.1 million a year ago. Co-branded cards did much of the work, accounting for $25.8 billion of purchase volume, a 23% increase.

Those figures describe a consumer that Brian Wenzel, executive vice president and chief financial officer at Synchrony, described in an interview with PYMNTS CEO Karen Webster as more durable than sentiment measures might suggest.

“There’s this perception given gas prices and inflation that the consumer is going to bend or come under a lot of duress,” Wenzel said. “Sales accelerated, even though gas prices are up, inflation was up, but [consumers] continue to spend,” and they continue to spend in discretionary categories, he added.

The company’s data support that view. Discretionary spending as a share of out-of-partner co-branded spend held relatively steady through the first half of the year across super-prime, prime and non-prime customers.

Asked whether that reflected broad consumer health or simply a shift in Synchrony’s portfolio toward prime and super-prime borrowers, Wenzel said mix plays a role, though not in the way conventional assumptions might suggest. “Our non-prime is down 130 basis points quarter on quarter. So yes, mix does help,” he said. “But when you look at that non-prime category, we still see resiliency.” The more noticeable softness, he noted, is among middle-prime consumers, who may be seeing less wage growth while facing affordability pressures.

On whether shoppers are buying more or simply paying more for a bigger basket, Wenzel said the answer came down to frequency rather than ticket size. Average transaction values were down on a reported basis because of portfolio mix, he said, and would have risen just under 2% excluding that effect. Transaction frequency, by contrast, was up roughly 6% to 9%.

“So, really, the consumers that we see are engaging and spending more on a frequent basis,” he said.

The strength was broad based across Synchrony’s businesses. Diversified & Value rose 12% to $17.2 billion, Digital increased 9% to $14.9 billion, Home & Auto advanced 6% to $12.1 billion, Lifestyle gained 6% to $1.5 billion and Health & Wellness increased 2% to $4.1 billion.

Credit Holds as Walmart Adds Volume The growth in spending has not, so far, come at the expense of credit quality. The net charge-off rate was 5.43%, down from 5.70% a year earlier. The 30-plus-day delinquency rate stood at 4.16%, and 90-plus-day delinquencies were 2.01%. The allowance for credit losses eased to 10.09% of period-end loan receivables.

Wenzel credited underwriting changes made in 2023 and 2024, along with a shift in how customers pay. More have enrolled in autopay, he said, and Synchrony has used pre-collection outreach to contact higher-risk customers before their accounts move further into delinquency.

On the analyst call, Synchrony reported a 17% payment rate, roughly 70 basis points above the prior year and about 170 basis points above the 2015 to 2019 pre-pandemic average. The company attributed the difference largely to new portfolios, product-mix shifts and prior credit actions.

The rising payment rate cuts both ways. It signals a healthy consumer, but a faster pace of repayment is not necessarily good for the balance sheet. More than half of the recent increase came from new programs including Walmart and Lowe’s, Wenzel said, with lower promotional balances adding to it. Together, those effects accounted for about 85% of the payment rate increase.

Walmart’s OnePay relationship is also beginning to shape Synchrony’s transaction mix. Wenzel described it as a three-party relationship among Synchrony, OnePay and Walmart, with early adoption concentrated among Walmart+ customers. “The value proposition really resonates with the Walmart+ customer. So we see high engagement with those,” he said. “And those folks are buying more than groceries.”

A Measured Take on AI Synchrony is also exploring where artificial intelligence can improve distribution and productivity, though Wenzel was more measured than much of the rhetoric surrounding the technology. He sees opportunities in commerce and internal productivity, he said, but noted that “the curve of delivering that productivity is slower than people thought.” He also pointed to token, credit and licensing costs as something to watch as providers seek returns on heavy AI investment.

Looking ahead, Synchrony’s earnings call commentary and investor materials indicate the company expects strong purchase-volume growth to continue through 2026, receivables growth to accelerate in the second half, and the full-year net charge-off rate to hold in a range of 5.5% to 6%, and perhaps below that level.

For now, Wenzel said, Synchrony is not seeing the pullback that might be expected from consumers worried about employment or household finances. “We don’t see that fear in folks,” he said, adding that “they’re continuing to spend and [are] confident.”

This year, as the market is preoccupied with how the Iran war is propping up the energy sector and how the memory chip shortage has been driving the AI rally, there has been little focus on consumer discretionary stocks' underperformance.

In 2026, consumer discretionary remains among the weakest S&P 500 sectors. The Consumer Discretionary Select Sector SPDR Fund, a commonly used proxy for the sector, is down nearly 4% year-to-date.

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But as Q2 earnings season continues, signs are pointing to a rebound in consumer confidence. While that may bode well for the sector broadly, a sampling of consumer discretionary companies shows that if it is sustainable, the results are anything but uniform.

After hitting all-time lows earlier this year, the University of Michigan’s Surveys of Consumers showed a minor uptick in July, with the index jumping from 49.5 in June to 54.4. Despite remaining below the critical threshold of 60—the historical level that serves as a recession risk warning—the sentiment reading marked the second straight month of a 10% increase and the highest reading since February.

However, economists chalk that up to lower prices at the pump over the past few weeks, which have already begun to reverse course as the United States and Iran have resumed fighting. That was reinforced with a lower June Consumer Price Index reading, with the moderated 3.5% year-over-year (YOY) increase attributed to a drop in gas prices.

Nonetheless, the reprieve from higher prices—even if momentary—has had a psychological impact on consumers. But thus far, consumer discretionary earnings have been a mixed bag, telling a more complicated story.

Domino’s Value Deals Drive Orders, But Not Meaningful GrowthDomino's Pizza Today

DPZ

Domino's Pizza

$327.72 -1.25 (-0.38%)

As of 02:27 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$282.00▼

$486.68Dividend Yield2.43%

P/E Ratio18.89

Price Target$402.16

As Domino’s Pizza NASDAQ: DPZ recently demonstrated, everyday consumers may still be ordering, but they are barely growing their tabs. Instead, they are showing highly selective behavior.

The company reported Q2 earnings on Monday, July 20, announcing a revenue beat alongside YOY revenue growth of 4.3%.

But the real takeaway wasn’t revenue growth or even the earnings per share (EPS) miss. Rather, it was same-store sales, which rose just 0.1%.

As a result, Domino’s revised its 2026 guidance. While it maintained full-year sales and profit forecasts and still expects U.S. and international comps to rise in the low-single digits, the company trimmed its outlook for U.S. net unit growth to about 175 stores as franchisee profitability and the company’s development pipeline face elevated near-term pressure.

The EPS miss was symptomatic of a developing long-term trend. Dating back to Q4 2024, Domino’s has now missed on earnings in five of its last seven quarters, including three of the last four. Importantly, income from operations only grew by 2.6% in Q2, which the company admitted during its earnings call was below expectations.

Domino’s has a broad target market, but it ramped up its value-focused campaigns and lower price points—including lengthy Mix & Match and Best Pizza Deal Ever promotions—in 2026, which has successfully attracted a growing share of lower-income consumers. Much of that decision was driven by cautious consumer spending in the latter half of 2025 and into this year, but it has yet to translate to Domino’s income statements.

Full-Service Restaurants and High-End Brands Capture the Stronger ConsumerDarden Restaurants Today

DRI

Darden Restaurants

$192.84 -1.98 (-1.02%)

As of 02:27 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$169.00▼

$220.65Dividend Yield3.36%

P/E Ratio18.58

Price Target$228.88

Meanwhile, multi-brand, full-service restaurant conglomerate Darden Restaurants NYSE: DRI tells a very different story.

The company, which owns and operates a portfolio including Olive Garden, LongHorn Steakhouse, Yard House, Ruth’s Chris Steak House, Cheddar’s, The Capital Grille, and Seasons 52—among others—reported its fiscal Q4 2026 earnings in late June.

EPS of $3.66 beat analyst expectations of $3.63, and while revenue of $3.72 billion just missed the forecasted $3.73 billion, it marked a 13.7% YOY increase.

With a trailing price-to-earnings (P/E) ratio of 18.76, the company’s earnings are expected to increase 9.84% over the next year.

Notably, Darden’s Q4 same-restaurant sales were up 4.6% YOY and 4.5% for the full fiscal year as diners continue to prioritize experiences over convenience. Olive Garden, LongHorn, and Yard House all posted their fifth consecutive year of positive comp sales, with LongHorn delivering 7.2% same-restaurant sales growth for the full fiscal year and 9.5% growth in Q4.

Cardenas specifically highlighted how Darden offers full-service dining for a variety-seeking demographic, offering “a collection of brands that gives us reach across multiple dining occasions, guest demographics, price points, geographies, and cuisine types.” In turn, the company doesn’t rely on a single brand or consumer segment.

High-end specialty retailer Williams-Sonoma NYSE: WSM also showed that higher-income consumers are spending more freely. When it reported fiscal Q1 earnings on May 21, it beat on earnings and revenue while announcing a 4.8% increase in comps and an operating margin of 16.2%.

Premium apparel maker Ralph Lauren NYSE: RL also beat on earnings and revenue when it reported fiscal Q4 2026 results on May 21, with revenue climbing 16.6% YOY.

Big-Ticket Purchases Are Still LaggingHome Depot Today

HD

Home Depot

$330.50 -2.55 (-0.76%)

As of 02:27 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$289.10▼

$426.75Dividend Yield2.82%

P/E Ratio23.47

Price Target$371.71

Takeout pizza may be lagging the performances of high-end consumer goods and full-service restaurants aimed at affluent shoppers, but there are indications that middle-income consumers are also delaying gratification, especially for big-ticket items and home renovations.

Best Buy NYSE: BBY reported fiscal Q1 2027 revenue growth of just 1.9% YOY while comparable sales increased 2.0% YOY.

Another indication that middle- and lower-income consumers aren’t spending more: tepid financials from Home Depot NYSE: HD. Often regarded as a bellwether of the economy, the home improvement giant reported negative 4.35% YOY EPS growth for fiscal Q1 2016, while sales rose 4.8% and comparable sales increased 0.6%.

Taken together, despite minor improvements in consumer sentiment, the inconsistencies in consumer discretionary stocks continues to demonstrate that shoppers continue to navigate uncertainty, and any increases in spending are showing distinct disparities among income groups.

Should You Invest $1,000 in Domino's Pizza Right Now?Before you consider Domino's Pizza, you'll want to hear this.

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These 3 Cash-Flow Stocks Give Investors More Than Just Growth PotentialSteel Dynamics NASDAQ: STLD reported a stronger sequential second quarter for 2026, with record steel shipments, higher realized steel prices and continued progress on its aluminum platform, executives said on the company’s earnings call Tuesday.

Chairman and Chief Executive Officer Mark Millett said the company achieved “a strong second quarter financial and operational performance,” highlighted by record quarterly steel shipments of 3.7 million tons and adjusted EBITDA of $921 million. He also noted operational milestones at the company’s Sinton steel platform and its aluminum investments.

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Tariffs Rose: 1 Steelmaker Thrived, 1 Still StrugglesMillett opened his remarks by addressing the death of Elijah Jones, a New Process Steel employee who was fatally injured in an April equipment-related accident. He said the company remains committed to achieving a zero-incident safety environment.

Revenue and Earnings Improve Sequentially Executive Vice President and Chief Financial Officer Theresa Wagler said Steel Dynamics generated second-quarter net income of $534 million, or $3.69 per diluted share. Revenue totaled $6.1 billion, while operating income was $700 million.

Steel Dynamics Reinforces Outlook: Higher Highs ComingWagler said the sequential improvement from the first quarter was driven by higher realized steel pricing and record steel shipments. Steel operations generated operating income of $721 million, up 30% from the prior quarter, as average selling prices rose $105 per ton.

She added that value-added spreads to hot band improved by $70 per ton from the lows seen in the fourth quarter of 2025. Because roughly 80% or more of Steel Dynamics’ flat-rolled steel business is tied to lagging price contracts, Wagler said recent flat-rolled price increases and improved value-added spreads should benefit third-quarter results.

Second-quarter operating income from the metals recycling platform was $48 million, roughly in line with the first quarter, as higher shipments offset lower ferrous metal spreads. Steel fabrication operating income was $85 million, compared with $90 million in the first quarter, as higher volume and steady pricing were offset by increased steel raw material costs.

Steel Dynamics generated $428 million in operating cash flow during the quarter. Working capital reduced cash by $225 million, primarily due to higher customer account values as pricing improved and aluminum sheet sales increased. Wagler said working capital should be neutral to a funding source in the second half of the year.

Steel Demand Remains Strong Across Multiple Markets President and Chief Operating Officer Barry Schneider said Steel Dynamics’ steel mills operated at 90% utilization in the second quarter, compared with an estimated 81% utilization rate for the domestic steel industry. He attributed the company’s higher utilization to value-added product diversification, customer supply chain solutions and internal manufacturing demand.

Schneider described flat-rolled steel market conditions as strong, citing solid demand, lean inventories, elevated lead times and customer optimism. He said value-added pricing spreads within flat-rolled steel have returned to more normalized levels, aided by trade cases resolved last year.

Long product steel markets also remain strong, driven by non-residential construction demand, particularly structural steel and railroad products. Schneider said special bar quality markets are improving across industrial, manufacturing and energy-related sectors. He also said oil and gas demand remains strong, pipe manufacturers are already evaluating 2027 projects, solar demand remains robust and agricultural demand is improving, though residential construction remains relatively subdued.

In automotive, Schneider said North American production forecasts for 2026 remain in line with the prior year, but Steel Dynamics continues to see opportunities with its customer base, including U.S.-based European and Asian automakers.

Fabrication Backlog Rises Sharply The company’s steel fabrication business saw a significant increase in demand. Wagler said the order backlog is 45% higher than at the same point last year, while Schneider said order activity is stronger than it has been in several years.

Schneider pointed to the Dodge Momentum Index, which he said generally leads construction spending by 12 to 18 months and recently reached its highest level in several years, up more than 30% year over year. He said the increase was driven by commercial planning and accelerating institutional activity led by healthcare.

In response to an analyst question, Wagler clarified that the 45% backlog increase is volume-specific, not driven by pricing. She said pricing entering the backlog has improved, but much of that work will not be realized until the fourth quarter or 2027. She said realized pricing should remain relatively stable in the near term, while volume is expected to be strong in the second half of 2026 and into next year.

Aluminum Ramp Continues, With Higher Volumes Expected Executives emphasized progress at Steel Dynamics’ aluminum flat-rolled products platform, while acknowledging ongoing startup costs and operational ramp challenges. Wagler said second-quarter operating losses tied to startup and commissioning of aluminum operations were $33 million, a 48% improvement from the first quarter. The company also recorded a $16 million non-cash impairment charge related to relocating its second planned recycled slab center.

Aluminum flat-rolled sheet shipments rose to 53,000 metric tons from 22,500 metric tons in the first quarter. Millett said the increase was primarily in can sheet, with additional automotive hot band and industrial shipments.

Millett said the aluminum mill produced 84,000 metric tons in the second quarter, about 50% of capability, and the company expects to exit 2026 at a monthly production rate of at least 90% capacity. Wagler said the company expects the aluminum platform to be earnings positive in the second half of the year.

The hot side of the aluminum mill is fully operational and able to run at rated capacity, according to Millett. Two of the three cold mills are increasing production, and the third cold mill started in July. He said this will support the full 650,000 metric ton annual capability. The first of two automotive Continuous Annealing and Solution Heat treating lines is fully operational, and the second is expected to begin commissioning in the fourth quarter.

Millett said Steel Dynamics has achieved finished product qualification status at multiple automotive manufacturers for 5182 and 5754 products and is in trials for 6000 series alloys. He said the company continues to expect normalized through-cycle EBITDA of $650 million to $700 million from the aluminum platform, plus $40 million to $50 million from the metals recycling platform.

Capital Allocation and Policy Priorities Wagler said Steel Dynamics ended the quarter with $2 billion in liquidity, including $800 million in cash and investments and a fully available $1.2 billion unsecured revolver. The company invested $124 million in capital projects during the quarter and $262 million year to date. Second-half 2026 capital investments are expected to be between $300 million and $350 million.

During the first half of 2026, Steel Dynamics increased its cash dividend and repurchased $350 million of common stock. As of the end of June, $489 million remained authorized for repurchases. Wagler said the company’s capital allocation strategy prioritizes high-return growth opportunities, shareholder returns and preservation of its investment-grade credit profile.

On trade policy, Schneider said the company supports the current 50% Section 232 tariff on imported steel and is engaged with the U.S. Trade Representative on the USMCA review. He said Steel Dynamics is advocating for Section 301 remedies to be additive to existing steel tariffs and is working with Congress on Buy American steel requirements tied to shipbuilding and highway legislation.

Millett closed by saying the company remains focused on optimizing recently built steel and aluminum assets and expects recent growth projects to contribute more than $1.4 billion in through-cycle annual EBITDA capability.

About Steel Dynamics (NASDAQ:STLD)Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.

The company's product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.

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 Steel Dynamics Right Now?Before you consider Steel Dynamics, 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 Steel Dynamics wasn't on the list.

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NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Jefferies Financial Group Inc. (“Jefferies” or the “Company”) (NYSE: JEF).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Jefferies and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 29, 2025, The Wall Street Journal published an article entitled “Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions,” reporting that “[t]he closely held company’s lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting” and that “First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables.”  Then, on October 8, 2025, The Wall Street Journal further reported, in an article entitled “First Brands Bankruptcy Damage Spreads to Jefferies UBS,” that Jefferies “said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands’ parts.”  

On this news, Jefferies’ stock price fell $4.66 per share, or 7.88%, to close at $54.44 per share on October 8, 2025. 

The following day, Reuters disclosed that “The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group” and that “[t]he Justice Department is probing the company and its dealings with creditors.” 

On this news, Jefferies’ stock price fell another $1.43 per share, or 2.63%, to close at $53.01 per share on October 9, 2025. 

On November 27, 2025, The Financial Times reported that the U.S. Securities and Exchange Commission is investigating Jefferies in connection with its relationship with First Brands, including whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands.  Later, on January 7, 2026, The Financial Times reported that Jefferies took a $30 million loss tied to the collapse of First Brands.  

On this news, Jefferies’ stock price fell $3.62 per share, or 5.6%, to close at $61.05 per share on January 8, 2026. 

Then, on June 24, 2026, Jefferies reported its fiscal second-quarter financial results, including both earnings and revenue that fell short of analyst estimates.  Jefferies disclosed that asset management fees, revenue, and investment returns declined from a year earlier due to lower management fees and weaker investment performance, saying that lower fees were primarily driven by Point Bonita and funds managed by its strategic affiliates. 

On this news, Jefferies’ stock price fell $5.30 per share, or 9.15%, to close at $52.64 per share on June 25, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980  

Northrop Grumman (NOC) experienced a notable decline in stock price following its Q2 earnings report. The aerospace and defense contractor posted a significant

Awards span three key areas: corporate and companywide; individual resort; and experiences, amenities, and venues. In early 2026 Wynn Resorts received 18 Forbes Travel Guide Five Star Awards, maintaining its distinction as having the longest-running Forbes Travel Guide Five-Star Awards of all independent hotel companies in the world. Additional honors span Fortune, Forbes, Newsweek, Business Insider, and Men's Health – as well as Fortune World's Most Admired Companies and Forbes Most Trusted Companies in America. Chef Sarah Thompson of Casa Playa received the 2026 James Beard Foundation Award for Best Chef: Southwest, and the Las Vegas resort was also featured as part of the inaugural Condé Nast Traveler Triple Crown collection. , /PRNewswire/ -- In the first half of 2026, Wynn Resorts (Nasdaq: WYNN) earned recognitions from leading publications and industry organizations, including Forbes Travel Guide, Fortune, Condé Nast Traveler, Newsweek, Forbes, Business Insider, Travel + Leisure, and the Southern Nevada Hotel Concierge Association, among others. The majority of these awards pertain to Wynn's North American properties, and reflect the Company's continued strength across guest experience, accommodations, dining, entertainment, workplace culture, service, and business performance.

2026 awards fall across three key categories: corporate and companywide; individual resort; and experiences, amenities, and venues.

Corporate and Companywide
Wynn Resorts has been acknowledged by several leading business, workplace, and industry organizations so far in 2026. In February, the Company received 18 Forbes Travel Guide Five Star Awards. It signified the 20th consecutive year that Wynn Tower Suites at Wynn Las Vegas was recognized as a Five-Star destination, while Encore Boston Harbor continued to distinguish itself as North America's largest regional resort destination to achieve Five-Star recognition.

Additional corporate and companywide achievements include:

Business Insider America's High Growth Companies Forbes 300 Best Brands for Social Impact Forbes America's Best Companies Forbes America's Best Large Employers Forbes Best Customer Service Forbes Most Trusted Companies in America Fortune Magazine Fortune 1000 List Fortune Magazine World's Most Admired Companies Newsweek America's Greatest Workplaces Newsweek America's Greatest Workplaces for Culture, Belonging and Diversity Newsweek America's Greatest Workplaces for Women Newsweek America's Greatest Workplaces for Mental Wellbeing Newsweek America's Greatest Workplaces in State Newsweek America's Greenest Companies Preferred Hotels & Resorts GIFTTS Legacy Leadership Award TIME Magazine America's Best Companies The Civic 50 Points of Light Individual Resort
Wynn Las Vegas remained a leading travel and resort destination, with honors recognizing the overall guest experience alongside accommodations and group offerings. Accolades for Wynn Las Vegas include:

Condé Nast Traveler's inaugural Triple Crown collection, featuring hotels that have appeared across all three of their flagship franchises: the Hot List, Gold List, and Readers' Choice Awards Men's Health Travel Awards Smart Meetings Best Integrated Resort Casinos Travel + Leisure World's Best Awards U.S. News & World Report Best Conference Hotels Experiences, Amenities, and Venues
Wynn Las Vegas earned recognition across individual venues, restaurants, and resort amenities, reinforcing the depth of the guest experience. Among the year's most significant honors, Chef Sarah Thompson of Casa Playa received the 2026 James Beard Foundation Award for Best Chef: Southwest. Other Wynn Las Vegas acknowledgements include:

Forbes Travel Guide Five-Star Awards Wynn Las Vegas Tower Suites Encore Las Vegas Tower Suites The Spa at Wynn The Spa at Encore Wing Lei Southern Nevada Hotel Concierge Association Top Honors Awards Best Production Show: Awakening Best Supper Club: Delilah at Wynn Las Vegas Best Seafood Restaurant: PISCES Best Asian Restaurant: Wing Lei Best Steakhouse: SW Steakhouse Best Golf Course: Wynn Golf Club Best Dayclub: Encore Beach Club Best Nightclub: XS Nightclub Achievements specific to Encore Boston Harbor include:

Forbes Travel Guide Five-Star Award The Spa at Encore Boston Harbor Recognition across categories as varied as sustainability, workplace culture, guest experience, and culinary excellence reflect the range of disciplines in which Wynn's team members continue to set the standard for long-term quality.

For more information on Wynn Resorts, including Encore Boston Harbor and Wynn Las Vegas, visit newsroom.wynnresorts.com.

About Wynn Resorts
Wynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Wynn Macau (wynnmacau.com), Wynn Palace, Cotai (wynnpalace.com), Wynn Mayfair (wynnmayfair.com), and   operates   Encore   Boston   Harbor (encorebostonharbor.com). The Company is constructing an integrated resort in Ras Al Khaimah, United Arab Emirates, set to open in 2027.

Wynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. The resort features 22 signature dining experiences, 10 bars, two award-winning spas, meeting and convention space, three shopping esplanades, as well as two showrooms, two nightclubs, a beach club, and Wynn Golf Club, an 18-hole championship golf course.

Encore Boston Harbor is a luxury resort destination featuring 671 hotel rooms and suites, an ultra-premium spa, 14 dining and lounge venues, a nightclub, and a state-of-the-art ballroom and meeting spaces. Situated on the waterfront along the Mystic River in Everett, Massachusetts, the resort has a six-acre public park and Harborwalk.

Wynn Macau is a luxury hotel and casino resort located in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers with a total of 1,010 spacious rooms, meeting and convention space, a shopping esplanade, two opulent spas, a salon and two public entertainment experiences.

Wynn Palace is a luxury resort in Macau. Designed as a floral-themed destination, it boasts 1,706 exquisite rooms, suites and villas, 14 food and beverage outlets, meeting and convention space, an expansive boutique shopping esplanade, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a spa and salon.

Wynn Al Marjan Island will be the first integrated resort in the United Arab Emirates. Set to open in 2027, the resort will be located 50 minutes from Dubai International Airport in the emirate of Ras Al Khaimah. Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding. The resort will offer 1,542 rooms and well-appointed suites, as well as 22 restaurants, lounges, and bars, a theater, a nightclub, and a beach club adjacent to the Arabian Gulf. In addition, Wynn Al Marjan Island will feature multiple swimming and wading pools, water features, private cabanas, and tropical landscaping, a five-star spa, and a salon. The resort will have its own marina with 118 berths to accommodate luxury yachts. The resort will also include a 15,000-square-meter shopping promenade   filled   with   the   world's   top   luxury boutiques, and a 7,500-square-meter meetings and events center.

Media Contact
Wynn Las Vegas Public Relations
702-770-2120
[email protected] 

SOURCE Wynn Resorts

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Lumentum (LITE - Free Report) , which belongs to the Zacks Communication - Components industry, could be a great candidate to consider.

This optical networking products maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 12.12%.

For the most recent quarter, Lumentum was expected to post earnings of $2.24 per share, but it reported $2.37 per share instead, representing a surprise of 5.80%. For the previous quarter, the consensus estimate was $1.41 per share, while it actually produced $1.67 per share, a surprise of 18.44%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Lumentum lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Lumentum currently has an Earnings ESP of +0.46%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on August 11, 2026.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

BOK Financial NASDAQ: BOKF reported higher second-quarter 2026 earnings and record loan production, while executives said credit quality remained strong and raised the company’s full-year loan growth outlook.

The Tulsa-based financial services company earned $176.5 million, or $2.92 per diluted share, in the quarter, Chief Executive Officer Stacy Kymes said on the company’s earnings call. Adjusted for a net gain tied to the exchange of Visa Class B shares and a small securities portfolio repositioning, earnings were $156.5 million, or $2.59 per share.

Kymes described the quarter as “excellent” and said it reflected the company’s positioning for continued growth. He cited record quarterly loan growth, record fiduciary and asset management revenue, expense discipline and “outstanding” credit performance.

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Loan Growth Hits Company Record Total loans increased 3.4% sequentially, or 13.7% annualized, rising $896 million during the quarter. Kymes said that represented record new loan production for a single quarter in the company’s history. Year over year, loans were up 11.5%.

The growth was broad-based across business lines and geographies, according to Kymes. Nearly 70% of the year-over-year growth came from the company’s commercial and industrial portfolio.

Core C&I loans, which include the combined services and general business portfolios, rose 3.9% from the prior quarter and 11.1% from a year earlier. Kymes said the growth reflected a long-term strategy of investing in talent and deepening client relationships.

“As we’ve often said, growth follows relationships,” Kymes said.

Healthcare loans increased 3.2%, reflecting what management had previously described as strong activity and pipeline levels entering the quarter. Energy loans grew 1.6%. Commercial real estate loans were up marginally from the prior quarter and 6.6% year over year.

Mortgage finance also contributed to loan growth. Outstanding balances were $452 million at quarter-end, up $224 million, with active warehouse facilities totaling $870 million in commitments. Kymes said the business recorded its first month above breakeven during the quarter, less than a year after funding its first loan.

During the Q&A portion of the call, Kymes said the company expects mortgage finance to remain a tailwind in the second half of the year, while noting some seasonality in the business.

Credit Metrics Remain Strong BOK Financial reported nonperforming assets not guaranteed by the U.S. government of $55 million, up $2.8 million from the prior quarter. Nonperforming assets as a percentage of period-end loans and repossessed assets remained consistent with the prior quarter at 20 basis points.

Committed criticized assets decreased during the quarter and remained low relative to historical standards, Kymes said. Net charge-offs were $500,000 in the quarter and averaged three basis points over the last 12 months.

Kymes said the company saw no charge-off patterns or concentrations raising concerns about particular business lines or geographies. He also said BOK Financial continued to have no exposure to private credit facilities.

No provision for credit losses was required for the quarter, consistent with the prior quarter. Management said improvement in economic forecast assumptions was offset by loan growth. The combined allowance for credit losses was $323 million, or 1.19% of outstanding loans.

In response to an analyst question, Kymes said the company’s credit metrics were better than at CECL day one, and that, based on current credit conditions, the allowance ratio “could continue to fall.”

Fee Businesses Show Mixed Results Scott Grauer, Executive Vice President of Wealth Management, said fee income remained a solid contributor to revenue, though total fee income declined $7.8 million sequentially to $202 million.

Total trading revenue, including trading-related net interest income, decreased $9.7 million to $25 million. Grauer said results in the fixed-income business were affected by lower customer activity as longer-term rates increased from March through May. He said activity improved in June as market conditions stabilized.

“Overall, our activity levels were consistent with broader industry trends, which also saw a decline in MBS trading volumes during the quarter,” Grauer said.

Mortgage banking revenue declined $2 million from the prior quarter, which Grauer attributed to elevated long-term rates. Syndication revenue increased $3 million sequentially, supported by strong activity and customer demand, producing a record second quarter for that business.

Fiduciary and asset management revenue set a quarterly record, rising $4.5 million from the prior quarter. Grauer said the increase reflected higher trust fees and seasonal tax preparation fees. In the Q&A, he said seasonal tax preparation accounted for roughly one-third of the quarter-over-quarter increase.

Assets under management and administration increased $5.7 billion during the quarter to $129.3 billion, driven by higher market valuations and customer expansion. Compared with the same period last year, AUMA rose $11.4 billion, or nearly 10%.

Net Interest Income Rises; Expenses Controlled Chief Financial Officer Martin Grunst said net interest income increased $9.3 million, while the reported net interest margin expanded by 1 basis point. Excluding trading, core net interest income rose $6.5 million and core margin declined 2 basis points.

Grunst said core margin and net interest income benefited from loan and deposit growth and fixed-rate asset repricing. Those positives were offset by a 3-basis-point negative impact related to cash margin posted on behalf of energy derivative customers as oil prices moved higher. He said the impact was temporary and that the majority of the margin had already been returned as energy prices declined.

The company recognized a $30.9 million pre-tax gain from the exchange of Visa Class B shares. Grunst said BOK Financial used part of the gain to reposition a small portion of its securities portfolio, realizing $4.6 million of pre-tax losses. He said the move would improve yields on $268 million of reinvested securities.

Total expenses increased $7.5 million, driven by an $8.9 million rise in deferred compensation expense that was offset by gains recorded in other gains and losses. Excluding deferred compensation, total expenses declined $1.4 million. Personnel expense fell $6 million, while non-personnel expense rose $4.6 million, largely due to higher business promotion costs.

Management Raises Loan Growth Outlook BOK Financial raised its full-year 2026 loan growth guidance and now expects loans to grow more than 10%. Grunst said the first-half loan growth was strong and well-diversified.

The company maintained its total revenue guidance of mid-single-digit growth, but now expects to be in the upper portion of that range. Grunst said net interest income is expected to be in the upper half of the company’s $1.42 billion to $1.45 billion range, while fee income is expected to be in the lower half of the $820 million to $845 million range. In the Q&A, management clarified that the Visa gain is included in total revenue guidance but not in fee and commission guidance.

Expense growth is still expected to be in the low single digits, likely toward the lower end of that range. The company expects its full-year efficiency ratio to be approximately 62%, or near 63% excluding the Visa gain.

Management also said provision expense is expected to be below $20 million for full-year 2026.

Kymes said market disruption has created hiring opportunities for the company. BOK Financial added more than 25 teammates during the quarter, including more than 20 in Texas, along with additions in Colorado and Arizona. He said most of the hires were revenue producers and that the quarter’s loan growth was independent of those additions, given the longer sales cycle in C&I lending.

“We are entering the second half of the year from a position of strength, with strong business momentum and a solid foundation for continued growth,” Kymes said in closing remarks.

About BOK Financial (NASDAQ:BOKF)BOK Financial Corporation NASDAQ: BOKF, headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company's offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.

The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.

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 BOK Financial Right Now?Before you consider BOK Financial, 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 BOK Financial wasn't on the list.

While BOK Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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Investors looking for stocks in the Chemical - Diversified sector might want to consider either Avient (AVNT - Free Report) or Air Liquide (AIQUY - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Avient has a Zacks Rank of #2 (Buy), while Air Liquide has a Zacks Rank of #4 (Sell) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that AVNT has an improving earnings outlook. But this is only part of the picture for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

AVNT currently has a forward P/E ratio of 11.73, while AIQUY has a forward P/E of 28.24. We also note that AVNT has a PEG ratio of 1.13. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. AIQUY currently has a PEG ratio of 2.78.

Another notable valuation metric for AVNT is its P/B ratio of 1.37. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, AIQUY has a P/B of 4.22.

These are just a few of the metrics contributing to AVNT's Value grade of A and AIQUY's Value grade of F.

AVNT stands above AIQUY thanks to its solid earnings outlook, and based on these valuation figures, we also feel that AVNT is the superior value option right now.

Avient (AVNT - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

As such, the Zacks rating upgrade for Avient is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Avient, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for AvientFor the fiscal year ending December 2026, this maker of resins used in plastic pipe and other products is expected to earn $3.08 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Avient. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Avient to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Hub Group, Inc. (NASDAQ: HUBG) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/HUBG.

Hub Group Case Details

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:
      (1)   Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including its annual reports for 2023 and 2024, contained material misstatements caused by the premature and incorrect recognition of certain transactions concerning, among other things, the Company's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth;
      (2)   Hub Group's financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements caused by the understatement of purchased transportation costs and accounts payable concerning, among other things, the Company's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth; and
      (3)   as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects lacked a reasonable basis and were materially false and misleading at all relevant times.

What's Next for Hub Group Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/HUBG. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Hub Group you have until August 28, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Hub Group Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Hub Group Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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