Mid-Caps — page 10
Mohawk Profit Jumps on Tariff Refunds as Margins Recover
Mohawk Industries posted adjusted earnings of $3.67 a share in the second quarter, up 32% from a year earlier and boosted by a $0.63 tariff-refund benefit.
Madrigal's Rezdiffra Growth Cools After a 127% First Quarter
Second-quarter net sales reached $364.3 million as more than 49,000 patients were on the MASH drug.
International Paper Narrows 2026 Ebitda Target After Loss
Continuing operations swung to a $12 million loss as adjusted EBITDA fell to $587 million, and the company now targets $3.20–$3.40 billion for the full year.
Hexcel Raises 2026 Sales and Earnings Outlook
Second-quarter sales were $529.3 million, up 8.0%, as Airbus A350 and Boeing 787 volumes hit pre-pandemic highs.
Henry Schein Executive Exodus Widens Beyond CEO Succession
Henry Schein said its chief operating officer and two other senior executives will step down October 30, 2026, extending a leadership overhaul that began with Chairman Stanley Bergman's board retirement.
Essex Property Trust Absorbs Legal Charges as Core FFO Edges Up
Essex Property Trust (ESS) posted diluted net income of $0.97 a share in the second quarter, down 71.8% from $3.44 a year earlier after $55.8 million in legal settlement charges.
A. O. Smith Cuts Profit Guidance as China Sales Collapse
The water-heater maker's adjusted earnings guidance midpoint fell for the second straight quarter after China local-currency sales dropped 28%.
eBay to Buy Depop in $1.4 Billion All-Cash Deal
The sale would let Etsy concentrate its resources on sustainable growth for its core marketplace.
Broadband losses deepen at major US providers
Charter, Comcast and Liberty Global all report accelerating declines in fixed-line subscribers and revenue.
Semiconductor Firms Brace for Hardening China Export Controls
Equipment and chip makers are navigating a tightening web of U.S., Dutch, and Japanese restrictions that limit access to advanced nodes and critical components.
Xylem Orders Jump 42% While Revenue Growth Stalls Near 1%
Xylem posted a 42% surge in orders to $3.1 billion even as quarterly revenue growth slowed to just 1% organically.
Veralto Raises Full-Year Profit Outlook as Core Growth Accelerates
Veralto posted 7.6% sales growth to $1,474 million in the second quarter and raised its full-year adjusted earnings guidance for the second time this year.
Tyler Technologies Raises EPS Outlook as Margins Narrow
Tyler Technologies reported second-quarter revenue of $645.1 million, up 8.2% from a year earlier, even as operating margin compressed and the company raised its full-year profit guidance.
Smurfit Westrock Returns to Profit as Costs Erode Margins
The packaging maker narrowed its full-year Adjusted EBITDA guidance to $4.9 billion to $5.1 billion, tightening a range it had set wider just one quarter earlier.
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.
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%.
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%.
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.
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.
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.
Middle East Disruptions Hit Supply Chains
Conflict tied to Iran, Israel and the United States is pushing from energy and petrochemicals into oilfield services and food shipping routes.
Ovintiv Raises 2026 Oil Outlook After Anadarko Sale
The company now expects 630 to 645 thousand barrels of oil equivalent a day for the year, up from a February range that started at 620, with capital unchanged.
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.
Equity LifeStyle Raises Full-Year Normalized FFO Outlook
Second-quarter Normalized FFO was $0.74 a share, 7.7% above a year earlier and above the midpoint of prior guidance.
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.
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.
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%.
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.