Earnings — page 12
Pfizer Swings to Loss on $4.3 Billion Impairment as Growth Slows
Pfizer posted a reported loss of $(0.04) a share in the second quarter after taking $4.3 billion in non-cash intangible impairments, even as it raised full-year revenue guidance by $500 million.
PAMT Reverses First-Quarter Revenue Decline
Second-quarter operating revenue reached $164.7 million as the truckload carrier booked a $3.1 million auto-liability accrual.
Niagen Launches NB4168 Drug Candidate and Telehealth Platform
Second-quarter net sales were $29.8 million, including $24.2 million from Tru Niagen, as the company introduced NB4168 and a Niagen Plus telehealth channel.
Merck Raises Sales Outlook as Acquisition Charge Drives Loss
Quarterly sales increased to $16.607 billion as cancer-drug demand offset declining diabetes revenue.
McDonald’s Sales Growth Slows as U.S. Traffic Turns Negative
Second-quarter revenue increased 4% to $7.10 billion as growth moderated across McDonald’s major markets.
LoanDepot Narrows Loss as Home Equity Mix Lifts Margin
Second-quarter revenue reached $337 million as pull-through weighted gain on sale margin rose to 345 basis points.
InfuSystem Oncology Crosses $20 Million in a Quarter
Net revenues reached $36.9 million, up 2.6% from a year earlier, and Adjusted EBITDA rose 7.6% to $8.6 million.
Idexx Raises Outlook as Margins Widen
Second-quarter revenue reached $1.217 billion as stronger profitability supported a higher full-year forecast.
Horizon NAV Falls After Single-Name Unrealized Losses
Net asset value was $6.23 a share at June 30, 2026, after $38.5 million of net unrealized depreciation, or $0.59 a share.
8x8 Extends Revenue Growth Into Fiscal 2027
The communications platform posted record service revenue of $185.3 million and total revenue of $190.2 million in the quarter ended June 30, 2026.
Crexendo's Second-Quarter Revenue Growth Accelerates
Total revenue rose 49% to $24.6 million as service sales and adjusted EBITDA expanded after the Estech Systems deal.
Core Molding Gross Margin Reaches 20.3% of Sales
Second-quarter net revenue was $62.7 million as truck product sales stayed soft and tooling project revenue fell to $1.8 million.
Caterpillar hits record quarterly revenue as construction demand accelerates
The industrial manufacturer generated $20.5 billion in sales during the second quarter, the first time the company has exceeded $20 billion in a single period.
Bed Bath & Beyond Extends Revenue Growth Into a Second Quarter
Net revenue reached $361 million, up 28.0% year-over-year, after a 6.9% increase in the first quarter, as the company added The Brand House Collective.
Angel Oak's Second-Quarter Net Interest Income Growth Slows
Net interest income was $10.7 million in the quarter ended June 30, 2026, up 8% from a year earlier, after 20.1% year-over-year growth in the first quarter.
Archer-Daniels-Midland Raises Outlook as Oilseed Profit Rebounds
Revenue increased 7% to $22.68 billion as the oilseed business returned to growth.
Vertex Raises Revenue Guidance as New Therapies Gain Traction
The biotechnology company raised its full-year revenue outlook to a range of $13.1 billion to $13.2 billion.
TG Therapeutics Raises Outlook as BRIUMVI Sales Climb
The company lifted its 2026 global revenue target to approximately $950 million.
Site Centers Serves DTP Buy-Sell Notice After Sales
The REIT posted a $1.3 million net loss, or $0.03 a share, and held $238.9 million of unrestricted cash at June 30.
EchoStar’s Hughes Units File for Bankruptcy
The restructuring followed about $23 billion of spectrum sales to AT&T.
Marriott Raises Annual Outlook as North American Demand Accelerates
Adjusted diluted earnings per share rose 20% to $3.19 in the second quarter.
Loews Profit Rises 14% as Hotels Offset CNA Underwriting Strain
Loews Corp posted second-quarter net income of $444 million, or $2.16 a share, even as its CNA insurance unit's underlying combined ratio held near 94% for a second straight quarter.
Keros Starts Rinvatercept Phase 2 in Muscular Dystrophy
Cash and cash equivalents stood at $257.6 million as of June 30, 2026, a level the company said would fund operations into the first half of 2028.
GameStop Moves to Cut Debt Through Stock Exchange
The transaction would leave roughly $1.1 billion of 2030 notes outstanding after closing.
CNH Profit Slides 35% Even as Margins Recover From Q1 Trough
CNH Industrial reported second-quarter net income of $141 million, down from $217 million a year earlier, though sharply improved from the $10 million it earned in the first quarter.
CNA Profit Rebounds as Investment Income Offsets Underwriting Pressure
Net written-premium growth accelerated to 4% despite softer renewal pricing.
Black Rifle Direct-to-Consumer Growth Reaccelerates
Second-quarter net revenue was $107.0 million, up 12.8% from a year earlier, as Direct-to-Consumer sales rose 13.6% and Adjusted EBITDA reached $6.3 million.
Western Union Slashes Full-Year Profit Outlook as Costs Climb
Western Union posted a 31% drop in operating income to $132.1 million as guidance for full-year adjusted earnings per share was cut to $1.25 to $1.35 from $1.75 to $1.85.
Vericel Raises Revenue Guidance Again, Adds First Buyback
Vericel swung to a $2.2 million profit and lifted its full-year revenue outlook to $330-$340 million even as quarterly growth cooled to 22%.
Universal Logistics Reverses First-Quarter Loss on Kearny Sale
GAAP earnings were $0.99 a share after a $45.3 million gain on Kearny property, while adjusted diluted earnings were $0.16 a share.
SunCoke Raises Full-Year Outlook as Industrial Services Hits Record
SunCoke Energy posted a sequential swing to $15.6 million in net income and lifted its full-year Adjusted EBITDA guidance for the second straight quarter.
Provident Financial's NIM Widens as Reserve Cushion Thins
Provident Financial Services (PFS) posted record net interest income of $202.7 million as its net interest margin expanded 8 bps to 3.48%, even as reserve coverage of non-performing loans fell to 134.87% from 235.61% at year-end.
Pioneer Bancorp's NIM Widens as Acquisitions Crush Efficiency, Capital
Net interest income at Pioneer Bancorp (PBFS) climbed 16.5% to $22.9 million in the second quarter, but four acquisitions closed in the period pushed the efficiency ratio to 78.33% and roughly halved return on equity.
Olin Swings Toward Breakeven as Merger Costs and Plant Outage Bite
Olin posted a $13.3 million net loss in the second quarter as an unplanned Freeport plant shutdown cut adjusted EBITDA by $40 million.
NMI Holdings Posts Third Straight Earnings Gain as NIW Jumps 31%
NMI Holdings reported net income of $105.8 million, or $1.38 a share, as new insurance written surged 31% from the prior quarter to $16.1 billion.
Moderna narrows quarterly loss as operating expenses decline
The biotechnology company reported a net loss of $0.8 billion for the second quarter, an improvement of $43 million over the prior year.
Merit Medical Raises Full-Year Guidance as Growth Accelerates
Merit Medical Systems posted second-quarter revenue of $418.8 million, up 10% year over year, and raised its full-year revenue and profit guidance.
LyondellBasell Swings to Profit as Olefins Margins Surge
LyondellBasell posted second-quarter net income of $559 million, reversing a first-quarter profit of just $125 million as tighter global supply lifted olefins and polyolefins margins.
Alliant Energy Reverses First-Quarter Earnings Growth
Second-quarter GAAP earnings were $0.65 a share as Interstate Power and Light earnings fell to $65 million.
Lear Raises 2026 Outlook After Second-Quarter Profit Lift
Core operating earnings reached $313 million, up 7% from a year earlier, as the company lifted the midpoints of its full-year 2026 outlook.
IES Holdings Revenue Growth Doubles as Backlog Nears Doubling
IES Holdings posted 40% revenue growth in its fiscal third quarter, more than double the pace of the prior two periods, as backlog swelled to $4.5 billion.
Healthcare Realty Raises FFO Guidance as Same-Store Growth Slows
Healthcare Realty Trust lifted its 2026 normalized FFO guidance to a $1.64-a-share midpoint even as quarterly same-store cash NOI growth decelerated to 5.1% from 6.9% in the prior quarter.
Gaming and Leisure Properties Lifts 2026 AFFO Guidance Midpoint
Second-quarter revenue reached $430.5 million and the company now forecasts AFFO of $4.10 to $4.12 a share for 2026.
Greif Profit More Than Doubles as Margins Widen, Debt Shrinks
Greif posted a 156.7% jump in net income to $78.8 million as gross margin expanded 650 basis points and leverage fell to 1.1x from 3.1x a year earlier.
Eaton Raises Outlook as Second-Quarter Sales Climb 21%
Organic growth reached 14% as demand strengthened across Eaton’s electrical businesses.
Dexcom Lifts 2026 Revenue Guidance After Second-Quarter Results
The glucose-monitoring company now sees fiscal 2026 revenue of $5.18 billion to $5.25 billion after second-quarter sales of $1.308 billion.
Leonardo DRS Lifts Guidance Again as Margins, Bookings Accelerate
The defense electronics maker posted 10% revenue growth and a 59% jump in net earnings, prompting its second consecutive full-year guidance increase.
Dominion Reaffirms 2026 Outlook After Virginia Rate Lift
Operating earnings were $0.79 a share in the second quarter, with Virginia contributing $0.76 a share after biennial-review and equity-return riders.
Chevron Earnings Climb to $12.1 Billion on Production Growth
The energy giant reported a quarterly profit of $12.1 billion, up from $2.49 billion a year earlier.
Cavco Profit Falls Even as Revenue and Backlog Climb
Cavco Industries closed its first quarter of fiscal 2027 with a backlog of $298 million, up more than 50% from three months earlier, even as per-share profit fell for the second time in three quarters.