Earnings — page 8
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 Profit Jumps 79% as Spreads Widen
Steel Dynamics posted second-quarter net income of $534 million, or $3.69 a diluted share, beating its own guidance even after a new $16 million impairment charge.
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.
Bridgewater Bancshares Margin Widens as Credit Quality Softens
Bridgewater Bancshares posted net interest margin expansion for a third straight quarter even as nonperforming assets nearly doubled to $21.6 million.
Ally's Margin Widens as Auto Mix Shifts Toward Safer, Lower-Yield Loans
Net interest margin excluding core OID expanded 11 basis points to 3.63% in the second quarter as Ally Financial (ALLY) leaned harder into higher-credit-tier auto originations even as retail deposits shrank $2.6 billion.
Zions' Margin Holds at 3.27% as Credit Costs Collapse and Buybacks Resume
Zions Bancorporation (ZION) grew net interest income 4% YoY to $677 million in the second quarter as loan growth accelerated to an 8% annualized pace and the CET1 ratio climbed to an estimated 11.8%.
W. R. Berkley Premium Growth Accelerates as Underwriting Improves
The insurer’s combined ratio improved to 90.0% as catastrophe losses declined.
TXNM Energy Pushes Merger Deadline to 2027 Amid Regulatory Pause
TXNM Energy extended its merger termination date to May 31, 2027, and disclosed a new $400 million term loan to unwind a voided 2025 stock transaction that has stalled New Mexico regulators' review.
Royal Caribbean Lowers Annual Profit Guidance Despite Revenue Growth
The cruise operator reported first-quarter revenue of $4.5 billion, an 11% increase from the prior year.
LXP Agrees to $5.2 Billion Brookfield Takeover
Shareholders would receive $61.20 a share in cash under the proposed acquisition.
Domino's Pizza reports slowing global retail sales growth
Global retail sales growth, excluding foreign currency impact, decelerated to 3.0% in the second quarter.
Crown Holdings Raises Full-Year Profit Outlook on Beverage Can Demand
Crown Holdings posted second-quarter adjusted earnings of $2.49 a share, up 16% from a year earlier, and raised its full-year guidance for the second time in 2026.
Bok Financial Net Income Rises to $176.5 Million
The regional bank reported a net income of $176.5 million for the second quarter of 2026.
AdaptHealth Sells Diabetes Unit to Cardinal Health for $235 Million
AdaptHealth (AHCO) agreed to sell its Diabetes Health segment to Cardinal Health for $235 million in cash, narrowing its business to three segments after a year in which Adjusted EBITDA fell 10.5%.
WaFd Holds Margin as Credit Provision Climbs
Net interest income rose 2% QoQ to $181.3 million as funding costs eased.
Travelers Profit Climbs as Catastrophe Losses Decline
The insurer’s combined ratio improved 6.7 points to 83.6%.
Regions Financial Loan Growth Accelerates as Deposit Costs Keep Falling
Regions Financial (RF) grew net interest income 2.3% to $1,277 million in the second quarter as average loans posted their fastest sequential growth in five quarters, even as net interest margin slipped 1 basis point to 3.66%.
Energy Vault Backlog Swells as CFO Departs Amid Revenue Swings
Energy Vault Holdings (NRGV) flagged a material increase in contract backlog even as quarterly revenue swung from $153.3 million to $21.9 million between successive quarters.
Netflix Beats Margin Forecast as Revenue Growth Slows
Operating margin reached 33.4%, topping Netflix’s forecast by 0.8 percentage point.
ManpowerGroup Returns to Profit as Adjusted EPS Hits Five-Quarter High
ManpowerGroup swung to $53.5 million in net earnings and posted adjusted earnings of $0.99 a share, its strongest print in five quarters.
Kimbell Adds Multi-Basin Scale With $215 Million Drop-Down
The acquired assets are expected to produce 2,347 barrels of oil equivalent a day in the third quarter.
Intuitive Surgical Lifts Margin Outlook as Procedure Growth Slows
The company raised its 2026 adjusted gross-margin forecast to 68.0%-69.0%.
Howard Hughes Names Insurance Chiefs as MPC Growth Slows
Howard Hughes Holdings reported Q1 2026 net income of $8.2 million, down from $10.5 million a year earlier, as it installed new leadership atop its recently closed $2.1 billion Vantage insurance acquisition.
Gyre Therapeutics Swings to Loss as Spending Outpaces Sales Growth
Gyre Therapeutics posted a $9.9 million net loss for the first quarter, its most recent financial disclosure, after operating expenses jumped $12.1 million.
Fifth Third Net Interest Income Rises 48% on Comerica Integration
Net interest margin expanded 24 basis points year-over-year to 3.36% as the bank integrated its latest acquisition.
Baker Hughes Closes $13.6 Billion Chart Deal as Segments Diverge
Baker Hughes completed its acquisition of Chart Industries on July 16, adding a third operating segment that reported $4.3 billion in revenue for fiscal 2025.
Arcutis Adds Mirum CEO to Board as ZORYVE Turns Profitable
Arcutis Biotherapeutics named Mirum Pharmaceuticals CEO Chris Peetz to its board effective July 15, 2026, a governance move that arrives without the quarterly revenue or guidance update that accompanied each of its prior four releases.
Autoliv Reaffirms Outlook as Organic Growth Stays Muted
Operating cash flow reached $434 million as working capital shifted from a use of cash to a source.
Alcoa Posts Record Revenue as Aluminum Shipments Rebound
Adjusted earnings climbed to $2.12 a share from $1.40 in the prior quarter.
Worthington Steel Swings to Loss on Impairments as Kloeckner Deal Closes
The steel processor posted a $57.6 million operating loss in its fiscal fourth quarter, dragged down by $94.5 million in Electrical Steel impairments and acquisition costs.
UnitedHealth Raises Outlook as Earnings Rebound
The health-care company lifted its adjusted earnings forecast to $19.50 to $20.00 a share.
Uber Adds Delivery Hero in $14.8 Billion Deal as Growth Cools
Uber Technologies disclosed a roughly $14.8 billion equity-value takeover offer for Delivery Hero, extending an acquisition streak even as its most recent quarterly bookings growth decelerated to 25% from 22% a quarter earlier.
United Raises Profit Outlook Even as Fuel Costs Erase Earnings
United Airlines Holdings posted a 17.3% drop in second-quarter net income to $805 million as fuel expense jumped 84.1% to $5.11 billion, yet the carrier raised its full-year profit guidance.
RxSight Raises 2026 Revenue Outlook on Alcon Deal as Core Sales Slow
RxSight lifted its full-year revenue guidance to $140-160 million on new Alcon collaboration revenue even as it cut standalone sales guidance and preliminary second-quarter sales fell to about $27 million from $30.9 million in the first quarter.
Progressive's Growth Engine Slows as Underwriting Margins Narrow
The auto and property insurer's combined ratio climbed to 87.3 in the second quarter, up 1.1 percentage points from a year earlier, as catastrophe losses and a deteriorating loss ratio weighed on results.
Dorian LPG Profit Surges Tenfold as LPG Rates Climb
The liquefied-petroleum-gas carrier posted $1.90 a share in earnings for its fiscal fourth quarter, up from $0.19 a year earlier.
Insmed revenue jumps 230% on brensocatib growth
Total company revenues reached $306.0 million for the first quarter of 2026
Infinity Natural Resources Nearly Doubles Production on Antero Acquisition
The Appalachian Basin natural gas producer posted 299.3 MMcfe/d of net daily output in the first quarter, up 88% year over year.
Gevo Swings to Profit, Doubles EBITDA Outlook on Ethanol, Tax Credits
The sustainable-fuels producer now expects 2026 Adjusted EBITDA to potentially exceed $60 million, more than doubling its earlier $30 million target.