Earnings — page 16
Roper Raises Outlook as Revenue Growth Slows
Adjusted earnings reached $5.38 a share, topping the prior forecast by eight cents.
Rhinebeck Completes Second-Step Conversion After a $0.24 Quarter
The Dutchess County bank sold 8.88 million shares at $10.00 for $88.8 million of gross proceeds after second-quarter net income of $2.6 million.
QCR Holdings' LIHTC Pipeline Drives Fee Income as Balance Sheet Shrinks
QCR Holdings (QCRH) generated $26.1 million in capital markets revenue for the first half of 2026 even as total loans held near $7.0 billion following planned runoff and a wave of LIHTC securitizations.
PG&E Lifts Profit as Lower Costs Widen Margins
Core earnings increased 36% to $920 million as operating expenses declined.
Orrstown Loan Growth Accelerates as Sub Notes Are Redeemed
Loans rose $51.7 million, or about 5% annualized, to $4.1 billion as the bank redeemed $31.0 million of subordinated notes and reported a 4.00% core net interest margin.
Old National's Margin Pressure Eases as Loan Growth Reaccelerates
Old National Bancorp (ONB) held net interest margin nearly flat at 3.54% in the second quarter while period-end loans grew 8.3% annualized to $50.8 billion.
Mobileye Founder Shashua to Step Down as CEO
Amnon Shashua will exit the chief executive role after 27 years at the helm of Mobileye Global (MBLY), the company said, capping a quarter in which revenue swung from a 9% decline to 27% growth.
Honeywell Raises Full-Year Outlook Following Aerospace Spin-Off
The industrial conglomerate raised its full-year adjusted earnings per share guidance to a range of $8.05 to $8.35.
Huntington Grows Loans as Deposit Costs Pinch Margin
Net interest income rose 9% QoQ to $2.052 billion as loan growth outweighed modestly higher funding costs.
Fulton Financial's Margin Holds Up as Blue Foundry Deal Closes
Fulton Financial (FULT) grew net interest income to $284.3 million in the second quarter as the Blue Foundry Bancorp acquisition padded loan and deposit totals while organic commercial lending kept softening.
Freeport Profit Rises 27% as Copper Prices Offset Indonesia Slump
Freeport-McMoRan posted net income of $984 million even as copper sales volumes fell 30% during the phased restart of its Grasberg Block Cave mine.
First Citizens Reverses First-Quarter Net Interest Income Drop
Net interest income rose $35 million to $1.66 billion in the second quarter after an $101 million sequential decline in the first quarter.
FirstCash Profit Jumps 58% as Pawn Margins Hit Record
FirstCash Holdings posted second-quarter diluted earnings of $2.12 a share, up 58% from a year earlier, as pawn receivables climbed 63% and U.S. margins reached a record 26%.
First BanCorp. Originations Reach $1.7 Billion as Loans Grow
Net interest margin widened 12 bps to 4.87% as Puerto Rico refinancings and securities redeployment lifted net interest income to $229.1 million.
Dover Raises Full-Year Outlook as Organic Growth Accelerates
The diversified manufacturer raised its full-year adjusted earnings guidance to a range of $10.55 to $10.75 a share.
Digital Realty Raises Guidance Twice as Backlog Hits Record $1.9 Billion
Digital Realty Trust posted second-quarter revenue of $1,924.0 million, up 29% from a year earlier, as record bookings backlog and accelerating rent spreads pushed the data-center landlord to raise full-year guidance for the second straight quarter.
Cleveland-Cliffs Swings to Positive Cash Flow as Margins Rebound
Cleveland-Cliffs (CLF) tripled Adjusted EBITDA to $286 million in the second quarter and guided for it to more than double again in the third.
Charter Launches $3.5 Billion Notes Exchange, Adds Cox Disclosure
Charter Communications offered to swap up to $3.5 billion of legacy CCO and TWC notes for new secured debt, a filing that also folded in audited financials for Cox Communications.
Blackstone's Fee Earnings Jump 22% as Perpetual Capital Expands
Blackstone (BX) reported fee related earnings of $1.8 billion, up 22% year over year, as perpetual capital vehicles grew to 48% of fee-earning assets and the firm raised its quarterly dividend 11% to $1.29 a share.
Princeton's Net Interest Margin Widens to 3.86%
Net interest income reached $20.0 million in the second quarter as the margin widened 23 basis points to 3.86%.
ARMOUR Residential Swings to Profit as Rate Hedges Pay Off
ARMOUR Residential REIT (ARR) posted $111.5 million in net income to common stockholders, reversing a $58.0 million loss the prior quarter as swap gains offset a widening equity base.
American Airlines Posts Record Revenue, Profit Squeezed by Fuel
American Airlines Group swung back to a $71 million profit on record second-quarter revenue of $16.7 billion, even as fuel costs erased half of the airline's fare gains.
Wabtec Raises Outlook as Sales Growth Accelerates
Operating cash flow more than doubled to $441 million as conversion reached 82%.
Texas Instruments Posts Fourth Straight Quarter of Margin Growth
Texas Instruments (TXN) reported second-quarter revenue of $5.46 billion, up 23% from a year earlier, as operating margin expanded to 42.3% and guidance for the current quarter topped analysts' expectations for sequential growth.
TE Connectivity's Organic Growth Reaccelerates as Industrial Overtakes Autos
TE Connectivity posted record adjusted earnings of $2.94 a share, even as operating-margin gains and free cash flow both cooled from prior quarters.
AT&T Expands Profit as Connectivity Growth Accelerates
Free cash flow rebounded to $4.7 billion, nearly doubling from the first quarter.
Southern Copper Posts Record Profit as Metal Prices Climb
Adjusted EBITDA reached $2.856 billion as the margin widened to 66.6%.
RenaissanceRe Profit Rebounds on Book Value Surge, Premiums Shrink
RenaissanceRe's net income jumped to $654.2 million from $284.5 million a quarter earlier, even as gross premiums written fell 12.5% and its casualty book turned unprofitable.
Philip Morris Posts Record Revenue as Pricing Lifts Growth
Adjusted operating margin widened 0.7 percentage point to 42.6% in the second quarter.
Norwood's Margin Expansion Accelerates After Presence Close
Net interest income hit a record $26.8 million as the fully taxable-equivalent margin reached 3.90% and merger costs receded.
Northern Trust Raises Dividend as Net Interest Income Climbs
The custody-and-asset-management franchise reported a 1.81% net interest margin and a 10% increase to its quarterly dividend.
Moody's Revenue Accelerates as Transactional Volume Gains Momentum
The financial services provider reported second-quarter revenue of $2.2 billion, a 15% increase from the prior year.
Kinder Morgan Profit Growth Cools as Backlog Shrinks
Kinder Morgan posted second-quarter net income of $867 million, up 21% from a year earlier but down from $976 million in the first quarter as growth decelerated across key metrics.
IBM Cuts Annual Revenue Growth Outlook
The technology company forecast 4% to 5% constant-currency revenue growth for 2026 following shortfalls in mainframes and associated software.
Globe Life Growth Cools Across Divisions Even as Profit Rises
Globe Life posted a 20% jump in diluted earnings per share to $3.65, but slowing health sales and a thinner underwriting margin at its largest division signaled the deceleration beneath the headline number.
GE Vernova Raises Cash-Flow Guidance as Power Backlog Swells
GE Vernova posted 88% organic order growth and lifted its 2026 free-cash-flow target to $11.5-$12.5 billion, nearly double the range it set at the start of the year.
Forestar Lot Sales Stabilize as Land Pipeline Keeps Shrinking
Forestar Group posted 9% net income growth to $35.9 million in the fiscal third quarter as lot sales edged up 1% after two straight quarterly declines, even as its owned-and-controlled land position kept contracting.
Colony Bankcorp Hits Profitability Target, Unveils New Deal
Colony Bankcorp's operating return on average assets reached management's 1.20% goal in the second quarter, even as the bank agreed to acquire First Reliance Bancshares for about $163 million.
Cal-Maine Swings to Loss as Egg Prices Collapse
Cal-Maine Foods reported a fourth-quarter net loss of $35.9 million as conventional egg prices fell 70.9% from a year earlier, ending a run of pandemic-era profits.
Valmont Raises Outlook as Infrastructure Growth Accelerates
Second-quarter net sales reached $1.119 billion, up 6.5% from a year earlier.
Synchrony Profit Falls 8% as Credit Quality Improves, Growth Returns
Synchrony Financial reported second-quarter net earnings of $885 million, down 8% from a year earlier, even as purchase volume hit an all-time high of $49.8 billion.
Steel Dynamics Extends Sequential Operating Income Gains
Operating income reached $700 million on record 3.7 million tons of steel shipments and a $105 sequential lift in the average external selling price.
Peoples Bancorp Margin Widens Third Straight Quarter as Credit Costs Ease
Net interest margin at Peoples Bancorp (PEBO) expanded to 4.23% and provision expense fell to $4.7 million, even as a bond-portfolio restructuring tied to its pending Citizens merger dented per-share earnings by 18 cents.
NeoGenomics revenue rises 11% as NGS growth slows
The oncology diagnostics company reported fourth-quarter revenue of $190 million.
MSCI Raises Cash-Flow Outlook as Subscription Growth Accelerates
The index and analytics provider posted second-quarter revenue of $867.0 million.
Marsh & McLennan Underlying Revenue Growth Accelerates
The professional services firm reported adjusted earnings per share of $9.02, a 9% increase from the prior year.
KeyCorp Lifts Interest Income as Margin Gains Slow
Taxable-equivalent net interest income rose 2.3% sequentially to $1.258 billion.
Hasbro Raises Full-Year Outlook as Digital Gaming Gains Accelerate
The toy and game maker raised its full-year revenue guidance to a range of 5% to 7% in constant currency.
Equifax Revenue Growth Accelerates Despite Legal Charge on Net Income
Equifax posted revenue of $1.700 billion in the second quarter, up 11% from a year earlier, even as a new legal settlement charge pulled net income down 4%.
Danaher Raises Profit Outlook as Core Growth Accelerates
The company lifted its full-year adjusted earnings forecast to $8.45 to $8.60 a share.