Earnings — page 7
Ovintiv Raises Payout Target as Debt Falls After Anadarko Sale
Ovintiv (OVV) cut its net debt to $2.995 billion in the quarter, less than half the year-end 2025 level, after closing its $2.82 billion Anadarko divestiture.
NextEra Energy raises growth targets following Dominion Energy merger proposal
Consolidated GAAP net income rose to $3.144 billion in the second quarter
Modine Posts Fourth Straight Record Quarter, Lifts FY2027 Outlook
Modine Manufacturing's adjusted EBITDA climbed 40% to a record $146.1 million as its data-center cooling business kept reshaping the company ahead of a planned spin-off.
HomeTrust's Margin Keeps Climbing as Credit Costs Jump
HomeTrust Bancshares (HTB) pushed its net interest margin to 4.41% in the June quarter even as a swing in off-balance-sheet exposure drove provision expense up 149% and return on assets slipped to 1.46%.
Greene County Bancorp's Margin Widens to 2.86% as Loans Outrun Deposits
Net interest margin expanded 49 basis points to 2.86% at Greene County Bancorp, powering a third straight quarter of record net income even as deposit growth slowed to 2.8%.
Flagstar Ends Margin Expansion as Commercial Loans Grow
Net interest margin slipped 2 bps to 2.13% as lower asset yields outweighed cheaper funding.
Equity Lifestyle Raises Guidance as Pricing Offsets Occupancy Slip
Equity Lifestyle Properties posted normalized funds from operations of $0.74 a share in the second quarter, up 7.7% from a year earlier and above the midpoint of its prior guidance range.
Community West Profit Slides as USB Merger Costs Bite
Community West Bancshares closed its merger with United Security Bancshares and pushed assets past $5 billion, but net income fell to $2.70 million from $11.49 million a quarter earlier.
Customers Bancorp's Margin Bottoms as Reserve Cushion Thins
Customers Bancorp (CUBI) grew net interest income to $193.4 million in the second quarter even as its net interest margin fell to a 3.17% trough and reserve coverage of nonperforming loans slid to 293% from 337%.
Booz Allen EPS Rises 22% as Book-to-Bill Ratio Improves
The consulting firm reported adjusted diluted earnings per share of $1.81 for the first quarter of fiscal 2027.
ACNB's Margin Streak Hits 4.56% as Bank Steps Up Payouts
ACNB Corporation (ACNB) posted a fourth straight quarter of net interest margin expansion, reaching 4.56% in the second quarter, even as it paid out a $0.50 special dividend and pushed regular dividends up 10.5%.
Wyndham Raises Guidance Despite Franchisee Insolvency Hit
Wyndham Hotels & Resorts posted a 9% rise in adjusted EBITDA to $212 million even as it stripped out revenue tied to a collapsed European franchisee and raised its full-year outlook.
Waste Connections Raises Outlook as Pricing Offsets Falling Volumes
Waste Connections (WCN) lifted its full-year revenue guidance to $10.02 billion-$10.05 billion after second-quarter revenue rose 6.4% to $2.562 billion, even as unit volumes fell for a second straight quarter.
Thermo Fisher Accelerates Revenue Growth as Demand Strengthens
Organic revenue growth reached 5%, up from 1% in the prior quarter.
Gentherm Posts Record Revenue as Margins and Cash Flow Slip
Gentherm reported record quarterly revenue of $416 million even as gross margin and operating cash flow both weakened from a year earlier.
RTX Raises Full-Year Outlook Again as Backlog Tops $289 Billion
RTX (RTX) posted second-quarter sales of $24.7 billion, up 14% from a year earlier, and raised its full-year profit and revenue guidance for the second straight quarter.
Roper Raises Outlook as Revenue Growth Slows
Adjusted earnings reached $5.38 a share, topping the prior forecast by eight cents.
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's Margin Slips on Sub-Debt Charge as Deposit Costs Ease
Orrstown Financial Services (ORRF) reported net interest margin compressed to 3.87% in the second quarter, though the decline was driven largely by a $1.6 million accelerated charge tied to redeeming high-cost subordinated debt.
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' Margin Stabilizes as Reserve Release Lifts ROA to 1.15%
First Citizens Bancshares (FCNCA) posted its first sequential net interest income gain in three quarters, with net interest margin edging up 1bp to 3.10% after back-to-back quarters of compression.
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's NIM Hits 4.87% as Deposit Mix Shifts Wholesale
First Bancorp's net interest margin expanded 12 basis points to 4.87% in the second quarter, its fifth straight quarterly gain, even as core deposit growth stalled and government and brokered funding filled the gap.
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.
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.
Repligen to Buy BioLife Solutions for $1.5 Billion as Growth Cools
Repligen paired preliminary second-quarter revenue growth of about 12%, decelerating for a second straight quarter, with a definitive agreement to acquire BioLife Solutions for roughly $1.5 billion.
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 Widens to 3.90% as Credit Costs Emerge
Norwood Financial (NWFL) posted a record $26.8 million in net interest income in the second quarter as its margin expanded to 3.90%, even as nonperforming loans jumped to 1.23% of loans on a single bankruptcy-linked charge-off.
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.
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.