Earnings — page 6
S&P Global Lifts Profit as Ratings, Indices Drive Growth
Adjusted earnings rose 23% to $4.83 a share as margins widened.
SoFi Revenue Hits Record $1.2 Billion as Profit Growth Cools
SoFi Technologies posted record adjusted net revenue of $1.2 billion, up 40% year over year, even as GAAP net income fell for a third straight quarter.
Scotts Miracle-Gro Raises Full-Year Outlook Despite Sales Slowdown
Scotts Miracle-Gro lifted its full-year adjusted profit guidance even as third-quarter net sales growth slowed to 1% and gross margins slipped on higher freight and commodity costs.
Sherwin-Williams Growth Accelerates, Lifts Full-Year EPS Guidance
Sherwin-Williams posted 7.5% sales growth and 14.3% diluted EPS growth in the second quarter, prompting the paint maker to raise its full-year earnings outlook for the first time this year.
Seacoast Banking Posts Record Loan Growth, Wider Core Margin
Seacoast Banking Corp of Florida reported second-quarter net income of $59.5 million, or $0.55 a share, up 87% from the first quarter as a securities-repositioning charge fell out of the base.
Redwood Trust Narrows Loss as Mortgage Banking Volume Nearly Doubles
Redwood Trust cut its GAAP net loss to $0.03 a share in the second quarter from $0.07 in the first, as mortgage banking production topped $8 billion for a second straight quarter.
Quadhics Posts First Sales Growth in Years as Margins Slip
Quadhics swung to a $4 million profit as net sales rose 1% to $578 million, even as adjusted EBITDA margin narrowed and cash on hand fell to $7.4 million.
PayPal Revenue Growth Reaccelerates as Cash Flow Rebounds
PayPal reported second-quarter net revenue of $8.68 billion, up 5% from a year earlier and a sequential acceleration after a decline in the first quarter.
Pentair Slashes Guidance as Pool Destock Erases Growth Streak
Pentair cut its full-year GAAP earnings outlook to $3.86-$4.06 a share after a Pool inventory realignment drove second-quarter sales down 17%.
P&G Growth Stalls to Flat as Margins and Profit Slide
Procter & Gamble's organic sales growth fell to 0% in its fiscal fourth quarter, erasing a third-quarter acceleration and dragging Core EPS down 3% to $1.43.
Oshkosh Cuts Profit Outlook as Fire Truck Snags Persist
Oshkosh trimmed its 2026 adjusted profit forecast to roughly $11.00 a share after fire truck manufacturing throughput improved more slowly than expected, even as quarterly sales climbed 6.7%.
O'Reilly Growth Cools as Leverage Rises With Buybacks
O'Reilly Automotive posted second-quarter diluted EPS of $0.86, up 10% from a year earlier but a slower pace than the 16% growth it logged in the first quarter.
Nabors Posts Sequential EBITDA Rebound, Cuts 2026 Capex
Nabors Industries swung to positive adjusted free cash flow of $12.3 million and raised its Lower 48 rig-count outlook even as it trimmed full-year capital spending by $25 million at the midpoint.
Merchants Bancorp Profit Doubles as Credit Losses Recede
Merchants Bancorp posted net income of $78.3 million in the second quarter, up 106% from a year earlier as provisions for credit losses fell 83%.
Landstar's Freight Rates Surge as Volumes Finally Turn
Landstar System (LSTR) posted 18.2% revenue growth in the second quarter, its sharpest acceleration in more than a year, as truck rates jumped 17% and its independent contractor fleet grew at the fastest pace since 2022.
L3Harris Cash Flow Swings Positive as Guidance Rises Again
L3Harris Technologies posted $879 million in operating cash flow in the second quarter, a reversal from a $95 million shortfall three months earlier.
John Marshall Bancorp Posts Eighth Straight Quarter of Profit Growth
John Marshall Bancorp reported net income of $7.0 million in the second quarter, its highest since 2022, as net interest margin expanded for a ninth consecutive quarter.
Illinois Tool Works Raises Outlook as Organic Growth Accelerates
Operating income reached a company-record $1.147 billion as margins widened.
Integra's Revenue Growth Nearly Stalls Even as Margins Recover
Integra Lifesciences swung to a GAAP profit in the second quarter, but organic revenue growth slowed to 0.7%, its weakest pace in more than a year.
Herc Holdings Raises Guidance as H&E Fleet Fixes Take Hold
Herc Holdings posted $1.072 billion in equipment rental revenue for the second quarter, up 23% from a year earlier, as dollar utilization improved for the first time since its H&E Equipment Services acquisition.
Corning's Optical and AI Bets Push Ninth Straight Growth Quarter
Corning posted 17% core sales growth to $4.74 billion in the second quarter, its ninth consecutive quarter of year-over-year gains, while naming Amazon and NVIDIA as new optical-networking partners.
General Dynamics earnings rise as aerospace deliveries climb
The aerospace and defense company reported diluted earnings per share of $4.24 for the second quarter.
Fortrea's Cost Cuts Lift Margins as Revenue Slides Again
Fortrea Holdings posted a 4.5% revenue decline in the second quarter yet raised its full-year guidance for the first time this cycle, betting that cost discipline can outrun a stalled backlog.
Flex Posts Fastest Revenue Growth in a Year, Raises Guidance Again
Flex reported net sales of $7.9 billion, up 21% year over year, marking its fastest growth pace in four quarters even as free cash flow fell to $41 million.
Ford Raises Full-Year Profit Outlook Despite Revenue Decline
The automaker raised its full-year adjusted EBIT guidance to as high as $11.0 billion.
Ecolab raises organic sales growth as high-tech demand accelerates
The water and hygiene services provider reported adjusted diluted earnings per share of $2.09 for the second quarter.
Carvana Growth Cools as Margins Keep Expanding
Carvana posted a record $680 million in quarterly operating income even as retail unit growth slowed for a third straight quarter.
CONMED Reported Sales Go Flat as GI Exit Masks Organic Growth
CONMED's adjusted diluted earnings climbed 20% to $1.38 a share even as reported net sales grew just 0.3% to $343.5 million, a gap driven almost entirely by the completed exit of its GI product line.
BXP Raises FFO Guidance as Occupancy Climbs Despite Impairment Hit
BXP posted second-quarter funds from operations of $1.78 a diluted share, beating its guidance midpoint by 8 cents even as an $18 million impairment charge pushed net income down to $68.6 million.
First Busey's Margin Cools as Deposits Surge, Buybacks Widen
First Busey's adjusted net interest margin slipped 2 basis points to 3.62% in the second quarter even as deposits grew at an 11% annualized clip and the bank leaned harder into share repurchases.
Peabody Earnings Collapse as Centurion Ramp Drags On
Peabody Energy's adjusted EBITDA fell to $24.0 million in the second quarter, an 83% drop from a year earlier, as costs at its new Centurion metallurgical mine outran higher coal prices.
Bausch & Lomb Swings to Profit, Raises Guidance on Surgical Surge
Bausch & Lomb (BLCO) reported second-quarter revenue of $1.394 billion, up 9%, as surgical sales jumped 19% and the company posted its second straight quarterly operating profit.
Boeing Turns Cash Flow Positive as 737 Output Climbs to 47 a Month
Boeing (BA) generated $631 million in free cash flow and lifted 737 production to 47 jets a month, even as a defense charge kept the company in the red.
Axogen Raises Sales Outlook as Breast Growth Reshapes Mix
The nerve-repair company lifted its 2026 revenue floor by $9 million to $279 million.
Armstrong World Sales Growth Accelerates, Guidance Raised Broadly
Armstrong World Industries posted 11.2% net sales growth in the second quarter, up from 7.1% in the first, as margin pressure eased and the company raised guidance across every key metric.
Avantor raises full-year guidance as revenue decline narrows
The company reported net sales of $1,692.3 million for the second quarter.
Ares Capital's Earnings Slip as Non-Accrual Loans Climb
Ares Capital reported GAAP earnings of $0.24 a share for the second quarter, less than half the $0.52 a share it posted a year earlier, as unrealized losses widened and problem loans crept higher.
ArcBest Revenue Accelerates as Adjusted Profit Rebounds
Adjusted earnings climbed to $2.38 a share from $1.36 a year earlier.
Amphenol Forecasts Further Growth After Communications-Led Quarter
Orders reached a record $10.7 billion as demand continued to outpace sales.
Aon Posts Slower Revenue Growth, Reaffirms Outlook
The company repurchased $600 million of shares, surpassing its full-year buyback objective.
ADP reports 7% revenue growth for fiscal 2026
The human capital management provider expects adjusted diluted EPS to grow between 9% and 11% in fiscal 2027.
Arch Capital's Profit Slips as Insurance Underwriting Falters
Arch Capital Group reported net income of $1.0 billion, or $3.00 a share, down from $1.2 billion a year earlier as its insurance segment's underwriting income fell 79% to $27 million.
Verizon Raises Full-Year Outlook as Service Revenue Accelerates
The telecommunications provider expanded its full-year adjusted EPS growth guidance to a range of 6.0% to 7.0%.
Sensient Raises Profit Guidance Again as Color Unit Surges
Sensient Technologies posted 36.4% diluted EPS growth in the second quarter and raised its full-year profit outlook for the second straight time.
S&T Bancorp Profit Climbs as Loan Growth Offsets Deposit Runoff
S&T Bancorp (STBA) posted second-quarter net income of $36.6 million, or $1.02 a share, up 8.5% from the prior quarter as commercial lending expanded and margins widened.
Revenue Rebounds as Acquisition Masks Core Decline
Revenue reached $8.97 billion as cash generation strengthened from the previous quarter.
Surgery Partners Sells Idaho Falls Hospitals for $795 Million
Surgery Partners agreed to sell its Idaho Falls hospital interests to Intermountain Health for roughly $795 million in total consideration, a deal management said would be layered onto guidance it has already reaffirmed three times this year.
Mapfre to Acquire Safety Insurance for $1.54 Billion
Safety Insurance Group (SAFT) agreed to be acquired by Mapfre for $105 a share in cash, a 44% premium, months after storm losses pushed the insurer to its first quarterly net loss in the period reviewed.
RingCentral Lifts Guidance Again as AI Revenue Share Hits 13%
RingCentral's revenue growth accelerated to 5.9% in the second quarter, its fastest pace in a year, as the company raised its full-year outlook for the second straight quarter.
Prudential Advances Reimbursements, Tightens Sales Oversight
The insurer had addressed ¥2.85 billion of the original ¥3.08 billion in claims by July 8.