Walt Disney Co. posted stronger results than Wall Street expected thanks to improved profitability at its streaming business, new Avatar and Zootopia movies, and guests spending more at the company’s resorts and on cruises. Earnings-per-share, excluding some items, rose to $1.57 in the second fiscal quarter, higher than the average analyst estimate of $1.51, according to data compiled by Bloomberg...
Walt Disney Co. posted stronger results than Wall Street expected thanks to improved profitability at its streaming business, new Avatar and Zootopia movies, and guests spending more at the company’s resorts and on cruises. Earnings-per-share, excluding some items, rose to $1.57 in the second fiscal quarter, higher than the average analyst estimate of $1.51, according to data compiled by Bloomberg. Revenue was $24.9 billion, up 7% from a year earlier and also ahead of Wall Street’s estimates. Operating income at all three of Disney’s divisions, entertainment, experiences and sports, beat analysts’ expectations. The results underscore the stability of the company’s business in a new era under Chief Executive Officer Josh D’Amaro , who succeeded Bob Iger in March. Disney said it expects earnings per share to grow 12% this fiscal year. “Creative and operational momentum drove strong quarterly results,” D’Amaro and Chief Financial Officer Hugh Johnston said in a letter to shareholders Wednesday, “and we continue to expect growth to accelerate in the second half of the fiscal year.” Shares rose about 8% in premarket trading in New York. They were down 12% this year through the close of trading on Tuesday, compared with a 6% gain for the S&P 500 Index. Disney’s direct-to-consumer unit, which includes the Disney+ streaming service and is led by Joe Earley and Adam Smith , achieved a double-digit profit margin for the first time, delivering on one of the company’s longstanding ambitions after several years of losses following the platform’s debut. The film studio, led by Alan Bergman , benefited from strong demand for Avatar: Fire and Ash , Zootopia 2 and Hoppers from Pixar Animation Studios. The three movies have generated more than $3.7 billion at the global box office since their release. Operating income fell 5% at the company’s sports division due to lower advertising revenue at ESPN and higher fees for programming. In the current quarter, Disney expects operating inco...
Advanced Micro Devices (NASDAQ:AMD) surged roughly 17% in premarket trading on Wednesday after the chipmaker delivered quarterly results and forward guidance that exceeded Wall Street expectations, driven largely by booming demand from the artificial intelligence sector. Investor enthusiasm accelerated after chief executive Lisa Su highlighted strong momentum in AMD’s server and data center operat...
Advanced Micro Devices (NASDAQ:AMD) surged roughly 17% in premarket trading on Wednesday after the chipmaker delivered quarterly results and forward guidance that exceeded Wall Street expectations, driven largely by booming demand from the artificial intelligence sector. Investor enthusiasm accelerated after chief executive Lisa Su highlighted strong momentum in AMD’s server and data center operations during the company’s earnings call.
Kennametal press release ( KMT ): Q3 Non-GAAP EPS of $0.77 beats by $0.10 . Revenue of $593M (+22.0% Y/Y) beats by $24.9M . Sales of $593 million increased 22 percent from $486 million in the prior year quarter, reflecting organic sales growth of 19 percent and a favorable currency exchange effect of 5 percent, partially offset by a divestiture effect of 2 percent. The Company's expectations for s...
Kennametal press release ( KMT ): Q3 Non-GAAP EPS of $0.77 beats by $0.10 . Revenue of $593M (+22.0% Y/Y) beats by $24.9M . Sales of $593 million increased 22 percent from $486 million in the prior year quarter, reflecting organic sales growth of 19 percent and a favorable currency exchange effect of 5 percent, partially offset by a divestiture effect of 2 percent. The Company's expectations for sales and adjusted EPS for the full fiscal year 2026 are as follows: Sales expected to be $2.33 - $2.35 billion Adjusted EPS is expected to be $3.75 - $4.00 Shares +3.3% PM. More on Kennametal Kennametal: The Fundamentals Still Aren't Cutting It For Me Kennametal Offers Cyclical Leverage, But The Clock Is Always Ticking Kennametal Q3 2026 Earnings Preview Mid-Cap industrial stocks ranked by quant ratings after earnings season Seeking Alpha’s Quant Rating on Kennametal
United Therapeutics press release ( UTHR ): Q1 GAAP EPS of $5.82 misses by $1.04 . Revenue of $781.5M (-1.6% Y/Y) misses by $15.88M . More on United Therapeutics United Therapeutics: The Future Lies With Manufactured Organs United Therapeutics: Maintaining 'Strong Buy' On Second TETON Study Program Win United Therapeutics: Ralinepag Is The Ultimate Defense Against Yutrepia (Rating Upgrade) United ...
United Therapeutics press release ( UTHR ): Q1 GAAP EPS of $5.82 misses by $1.04 . Revenue of $781.5M (-1.6% Y/Y) misses by $15.88M . More on United Therapeutics United Therapeutics: The Future Lies With Manufactured Organs United Therapeutics: Maintaining 'Strong Buy' On Second TETON Study Program Win United Therapeutics: Ralinepag Is The Ultimate Defense Against Yutrepia (Rating Upgrade) United Therapeutics Q1 2026 Earnings Preview Smithfield Foods is the most overbought U.S. large-cap stock
Bio-Techne press release ( TECH ): Q3 Non-GAAP EPS of $0.53 in-line. Revenue of $311.42M (-1.5% Y/Y) misses by $4.64M . Organic revenue decreased 2% compared to the prior year, with foreign currency exchange having a favorable impact of 2%, and non-recurring prior year revenue from a business held-for-sale having an unfavorable impact of 2%. More on Bio-Techne Bio-Techne Corporation (TECH) Present...
Bio-Techne press release ( TECH ): Q3 Non-GAAP EPS of $0.53 in-line. Revenue of $311.42M (-1.5% Y/Y) misses by $4.64M . Organic revenue decreased 2% compared to the prior year, with foreign currency exchange having a favorable impact of 2%, and non-recurring prior year revenue from a business held-for-sale having an unfavorable impact of 2%. More on Bio-Techne Bio-Techne Corporation (TECH) Presents at Leerink Global Healthcare Conference 2026 Transcript Bio-Techne Corporation (TECH) Presents at TD Cowen 46th Annual Health Care Conference Transcript Bio-Techne Q3 2026 Earnings Preview Most oversold mid-cap healthcare stocks on Wall Street amid Middle East disruptions Seeking Alpha’s Quant Rating on Bio-Techne
A fourth manager of the season seemed a wild strategy but Portuguese coach has galvanised the squad and this journey could end in the Champions League Football, it transpires, is not rocket science. If it were, Nottingham Forest would not be close to securing Premier League survival and two games from Champions League football next season. The club’s approach could hardly be described as methodica...
A fourth manager of the season seemed a wild strategy but Portuguese coach has galvanised the squad and this journey could end in the Champions League Football, it transpires, is not rocket science. If it were, Nottingham Forest would not be close to securing Premier League survival and two games from Champions League football next season. The club’s approach could hardly be described as methodical but whether by accident or design, Vítor Pereira, Forest’s fourth head coach in six months, has found the right formula. When eight changes to the lineup were announced for Monday’s visit to Chelsea , eyebrows were raised as the second string were sent out. It allowed Pereira to rest others for Thursday’s Europa League semi-final second leg at Aston Villa. Within two minutes they were ahead and by the hour they were out of sight and a further step towards salvation thanks to a third away win in a row. Continue reading...
June Nasdaq 100 E-Mini futures (NQM26) are trending up +1.61% this morning as optimism that the U.S. and Iran are close to a peace agreement, along with upbeat quarterly results and guidance from Advanced Micro Devices, boosted sentiment.
June Nasdaq 100 E-Mini futures (NQM26) are trending up +1.61% this morning as optimism that the U.S. and Iran are close to a peace agreement, along with upbeat quarterly results and guidance from Advanced Micro Devices, boosted sentiment.
Bloomin' Brands press release ( BLMN ): Q1 Non-GAAP EPS of $0.67 beats by $0.10 . Revenue of $1.06B (+1.0% Y/Y) beats by $20M . The increase in Total revenues was primarily due to higher comparable restaurant sales. Financial Results: Q2 2026 Outlook U.S. comparable restaurant sales 1% to 2% Diluted earnings per share (1) $0.24 to $0.29 Adjusted diluted earnings per share (1) $0.27 to $0.32 Click ...
Bloomin' Brands press release ( BLMN ): Q1 Non-GAAP EPS of $0.67 beats by $0.10 . Revenue of $1.06B (+1.0% Y/Y) beats by $20M . The increase in Total revenues was primarily due to higher comparable restaurant sales. Financial Results: Q2 2026 Outlook U.S. comparable restaurant sales 1% to 2% Diluted earnings per share (1) $0.24 to $0.29 Adjusted diluted earnings per share (1) $0.27 to $0.32 Click to enlarge Comparable restaurant sales (stores open 18 months or more): U.S. Outback Steakhouse (0.3 )% Carrabba’s Italian Grill 1.3 % Bonefish Grill 6.1 % Fleming’s Prime Steakhouse & Wine Bar 0.8 % Combined U.S. 0.9 % Click to enlarge More on Bloomin' Brands Bloomin' Brands, Inc. 2025 Q4 - Results - Earnings Call Presentation Bloomin' Brands: Traffic Is Improving, But Inflation Is Winning The War Bloomin' Brands, Inc. (BLMN) Q4 2025 Earnings Call Transcript Bloomin' Brands Q1 2026 Earnings Preview Bloomin' Brands dips after JPMorgan turns bearish
Advanced Micro Devices has considerable room to run over the next year, largely due to structural agentic artificial intelligence tailwinds following a strong first-quarter report, according to Goldman Sachs. The investment bank upgraded the chipmaker name to buy from hold. It also hiked its price target on shares to $450 from $240, implying 27% upside from Tuesday's close. AMD shares rallied 18% ...
Advanced Micro Devices has considerable room to run over the next year, largely due to structural agentic artificial intelligence tailwinds following a strong first-quarter report, according to Goldman Sachs. The investment bank upgraded the chipmaker name to buy from hold. It also hiked its price target on shares to $450 from $240, implying 27% upside from Tuesday's close. AMD shares rallied 18% after the company posted first-quarter results that beat analyst expectations. Second-quarter revenue guidance was also well above estimates. AMD 5D mountain AMD rallies "We expect proliferation of agentic AI in enterprise and consumer workloads to act as a medium-term tailwind to the server central processing unit (CPU) [total addressable market], benefiting AMD," analyst James Schneider said Tuesday in a note to clients. "AMD presents a compelling opportunity for exposure to agentic AI adoption via server CPUs." Agentic AI refers to a set of AI-powered tools that can function as assistants in a variety of tasks, interacting with various applications without human supervision. The analyst added that a shift toward "more inference workloads" due to booming demand for AI data centers should increase orders of the company's CPUs. Chips with x86, much like those produced by AMD, are likely to get a boost from a rise in enterprise AI agents, he added. Goldman Sachs thinks that AMD will rake in server CPU revenue of $21.1 billion by the end of 2027, or 24% above the consensus estimate on the Street. Most analysts are bullish on AMD. Of the 52 covering the stock, 39 have a buy or strong buy rating, LSEG data shows.
Dampskibsselskabet Norden A/S press release ( DPBSF ): Q1 net profit of $11.2M (vs. $32.5M in Q1/2025). Revenue of $813.5M (+1.8% Y/Y). More on Dampskibsselskabet Norden A/S Dampskibsselskabet Norden A/S 2026 Q1 - Results - Earnings Call Presentation Dampskibsselskabet Norden A/S 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Dampskibsselskabet Norden A/S Dividend scor...
Dampskibsselskabet Norden A/S press release ( DPBSF ): Q1 net profit of $11.2M (vs. $32.5M in Q1/2025). Revenue of $813.5M (+1.8% Y/Y). More on Dampskibsselskabet Norden A/S Dampskibsselskabet Norden A/S 2026 Q1 - Results - Earnings Call Presentation Dampskibsselskabet Norden A/S 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Dampskibsselskabet Norden A/S Dividend scorecard for Dampskibsselskabet Norden A/S Financial information for Dampskibsselskabet Norden A/S
NiSource press release ( NI ): Q1 Non-GAAP EPS of $1.06 beats by $0.01 . Revenue of $3.7B beats by $100M . NiSource is reaffirming its 2026 non‑GAAP consolidated adjusted EPS guidance of $2.02-$2.07 and raising its consolidated compound annual growth rate with respect to non‑GAAP consolidated adjusted EPS to 9%-10% from 2026 through 2033. More on NiSource NiSource: Positioned For Further Data Cent...
NiSource press release ( NI ): Q1 Non-GAAP EPS of $1.06 beats by $0.01 . Revenue of $3.7B beats by $100M . NiSource is reaffirming its 2026 non‑GAAP consolidated adjusted EPS guidance of $2.02-$2.07 and raising its consolidated compound annual growth rate with respect to non‑GAAP consolidated adjusted EPS to 9%-10% from 2026 through 2033. More on NiSource NiSource: Positioned For Further Data Center-Powered Growth NiSource Inc. 2025 Q4 - Results - Earnings Call Presentation NiSource Inc. (NI) Q4 2025 Earnings Call Transcript NiSource Q1 2026 Earnings Preview NiSource rises after signing data center deals with Google, Amazon
Perrigo press release ( PRGO ): Q1 Non-GAAP EPS of $0.43 beats by $0.12 . Revenue of $969M (-6.8% Y/Y) misses by $71M . Core net sales were $842 million, declining 8.3% year over year, while Core organic net sales decreased 11.0%. Core adjusted operating margin decreased 110 basis points to 12.8%. Maintained full‑year 2026 outlook with continued expectation for second half improvement. All In Ex I...
Perrigo press release ( PRGO ): Q1 Non-GAAP EPS of $0.43 beats by $0.12 . Revenue of $969M (-6.8% Y/Y) misses by $71M . Core net sales were $842 million, declining 8.3% year over year, while Core organic net sales decreased 11.0%. Core adjusted operating margin decreased 110 basis points to 12.8%. Maintained full‑year 2026 outlook with continued expectation for second half improvement. All In Ex InfantFormula Ex Divestitures Core ForeignCurrency OrganicCore Net Sales Growth (5.5)% to (1.5)% vs. estimated growth of -3.51%Y/Y — ~270 bps (3.0)% to +1.0% (0.5) % (3.5)% to +0.5% Adj. Gross Margin 36.5% to 37.5% ~240 bps ~(10) bps 39.0% to 40.0% Adj. Operating Margin 12.5% to 13.5% ~260 bps ~(10) bps 15.0% to 16.0% Adj. EPS $2.00 to $2.30 vs. $2.11 consensus ~$0.30 ~$(0.05) $2.25 to $2.55 Click to enlarge Other assumptions Net interest expense of approximately $156 million. Adjusted effective tax rate of approximately 20.0%. Adjusted weighted average shares outstanding of approximately 140.5 million. Net leverage of, or slightly lower than, approximately 4.0 times adjusted EBITDA. Cash from operating activities as a percentage of adjusted net income in the mid-60% range. More on Perrigo Perrigo: Positioning Through A Thesis Reset Perrigo: Double-Digit Dividend At A Bargain Price UBS Global Consumer and Retail Conference Perrigo Q1 2026 Earnings Preview FDA says largest ever baby formula probe found U.S. supplies are safe
BorgWarner press release ( BWA ): Q1 Non-GAAP EPS of $1.24 beats by $0.07 . Revenue of $3.53B (+0.3% Y/Y) beats by $30M . BorgWarner's (the "Company") U.S. GAAP net sales increased approximately 1%, while organic net sales decreased approximately 4.2%, year-over-year compared with the first quarter of 2025. Excluding the decline in Battery Energy Systems segment sales, this performance was roughly...
BorgWarner press release ( BWA ): Q1 Non-GAAP EPS of $1.24 beats by $0.07 . Revenue of $3.53B (+0.3% Y/Y) beats by $30M . BorgWarner's (the "Company") U.S. GAAP net sales increased approximately 1%, while organic net sales decreased approximately 4.2%, year-over-year compared with the first quarter of 2025. Excluding the decline in Battery Energy Systems segment sales, this performance was roughly in line with the Company's weighted light vehicle markets. The Company maintained its 2026 full year guidance. At the mid-point of its 2026 guidance, BorgWarner expects to deliver another year of adjusted operating margin improvement and adjusted earnings per share growth despite the Company's expectation that its weighted light vehicle markets will be down 3% to approximately flat and a decline in the Company's Battery Energy Systems segment sales. Net sales are expected to be in the range of $14.0 billion to $14.3 billion in 2026, compared with 2025 net sales of approximately $14.3 billion vs $14.18B consensus The Company's net sales guidance implies a year-over-year change in organic net sales of down 3.5% to down 1.5%. The Company's net sales guidance includes an expected year-over-year sales decline of approximately $210 million in the Company's Battery Energy Systems segment, which represents approximately a 1.5% headwind to organic growth in 2026. Foreign currencies are expected to result in a year-over-year increase in sales of approximately $200 million primarily due to the strengthening of the Euro and Chinese Renminbi against the U.S. dollar. U.S. GAAP operating margin is expected to be in the range of 9.7% to 9.9% in 2026. Excluding the impact of non-comparable items and the add back of intangible asset amortization expense, adjusted operating margin is expected to be in the range of 10.7% to 10.9%. U.S. GAAP net earnings are expected to be within the range of $4.70 to $4.87 per diluted share. Excluding the impact of non-comparable items, adjusted net earnings ...
CVS Health Corp. raised its earnings outlook for the year after profit and revenue in the first quarter exceeded analyst expectations, the latest in a string of positive reports from US health conglomerates. The company increased its outlook for 2026 adjusted earnings to $7.30 to $7.50 a share, it said in a statement Wednesday. The 30-cent increase puts the new range above Wall Street estimates. C...
CVS Health Corp. raised its earnings outlook for the year after profit and revenue in the first quarter exceeded analyst expectations, the latest in a string of positive reports from US health conglomerates. The company increased its outlook for 2026 adjusted earnings to $7.30 to $7.50 a share, it said in a statement Wednesday. The 30-cent increase puts the new range above Wall Street estimates. CVS shares rose 4.7% in pre-market trading in New York. They had risen 1.7% this year through Tuesday’s close, compared to a 6% gain in the S&P 500 Index. The company, which includes a retail pharmacy, an insurer and a pharmacy benefits manager, followed every major competitor in projecting optimism for the year after a challenging 2025. Health insurance companies have been raising prices and cutting benefits for some patients, and pulling less profitable plans from the market. Most of the increase in CVS’ adjusted earnings guidance came from a benefit from the prior year’s reserves, Chief Financial Officer Brian Newman said in an interview. The company set aside more money to pay insurance claims than it ultimately needed last year, which benefits earnings this year. About 5 cents is coming from better-than-expected performance in the pharmacy business, where profitability is improving, he said. Adjusted operating income in the segment should increase 2% this year compared to last, higher than previously anticipated, he said. Adjusted earnings of $2.57 a share in the quarter surpassed all analyst estimates in a Bloomberg survey. The company’s Aetna insurance segment saw some areas of out-performance, Newman said. Aetna spent a smaller percentage of premiums on medical costs than Wall Street analysts expected. The company has been making changes over the last few years to boost profitability, Newman said. For example, Aetna installed more actuaries in key positions, adding to the company’s financial expertise in an effort to improve its ability to predict costs and price pla...
Andrzej Rostek/iStock via Getty Images Introduction I have written about RLJ Lodging Trust ( RLJ ) just once previously, though my article came almost 3 years ago . With the recent release of the company's Q1 2026 earnings , I have decided to re-evaluate the company. In my article, I explore the reasons behind my "Buy" rating for the company, as well as the potential risks that could derail my the...
Andrzej Rostek/iStock via Getty Images Introduction I have written about RLJ Lodging Trust ( RLJ ) just once previously, though my article came almost 3 years ago . With the recent release of the company's Q1 2026 earnings , I have decided to re-evaluate the company. In my article, I explore the reasons behind my "Buy" rating for the company, as well as the potential risks that could derail my thesis. Portfolio As of 31 March 2026, RLJ Lodging Trust has a portfolio of 92 hotels, comprising 20,588 rooms. It has an urban-centric portfolio, designed to capture demand across business, leisure, and group segments. Urban markets represent over two-thirds of the company's portfolio, and over 50% of its EBITDA comes from the Sunbelt markets. RLJ Mar'26 Investor Presentation Strong Q1 2026 Earnings RLJ Lodging Trust had a strong start to 2026, with increases in all key operating and financial metrics. Comparable RevPAR saw a 4.8% year-over-year increase to $148.55, driven by both a 2.1% increase in comparable ADR and a 2.6% increase in comparable occupancy. While comparable hotel revenue grew by 5.4% to $340 million, comparable non-room revenues increased by 8.2%, reflecting strong ancillary spending in food and beverage and other hotel services. Comparable hotel EBITDA increased by 7.2% to $89.9 million, while comparable hotel EBITDA margin increased by 45 basis points to 26.4%. This increase in margin was a reflection of both strong revenue growth and disciplined expense management. Adjusted Funds From Operations (AFFO) increased by 6.5%, from $0.31/share to $0.33/share, reflecting both a year-on-year increase as well as a quarter-on-quarter increase. Following the outperformance for the quarter, management raised its full-year FY 2026 guidance: RLJ Q1'26 Earnings Fortress Balance Sheet During Q1 2026, RLJ Lodging Trust completed a comprehensive refinancing of all its debt maturities through 2028. After the refinancing, the company's total debt stands at $2.2 billion, with...
Evgeny Gromov/iStock via Getty Images By Charlotte de Montpellier , Senior Economist, France and Switzerland A rebound boosted by inventories and temporary competitiveness gains As expected, French manufacturing output rebounded in March, rising by 1.2% month-on-month after a 0.1% decline in February. Total industrial production was up 1% after -0.9% in February. The increase was visible across al...
Evgeny Gromov/iStock via Getty Images By Charlotte de Montpellier , Senior Economist, France and Switzerland A rebound boosted by inventories and temporary competitiveness gains As expected, French manufacturing output rebounded in March, rising by 1.2% month-on-month after a 0.1% decline in February. Total industrial production was up 1% after -0.9% in February. The increase was visible across all branches of industry. Unsurprisingly, production rose sharply in coking and refining, up 6.3% month-on-month, reaching its highest level in seven years. However, this segment accounts for only 0.14% of total French industrial production. Year-on-year, French manufacturing output was up 1.5% in the first quarter. Given the survey data, this rebound in industrial production had been expected. Since the start of the war in the Middle East, French industries have benefited from an improvement in their competitiveness relative to Asian competitors, which have been more severely and immediately affected by disruptions to energy supplies. In addition, the risks of shortages and price increases led manufacturers to bring forward their orders and increase inventories in March, boosting production. These positive factors are likely to remain in play in April, but they are, nevertheless, temporary. On the one hand, the energy crisis is not improving, and the risk of shortages is also likely to affect Europe rapidly. The improvement in relative competitiveness could therefore come to an end quickly. Moreover, the rise in production has led to higher inventories of industrial goods, but not to higher sales. As indicated by the GDP data for the first quarter, both domestic and external demand are very weak. April survey data also point to a further deterioration in demand. Weak demand raises the risk of a second-quarter contraction While industrial production and inventory building allowed French GDP to narrowly avoid a contraction in the first quarter, the weakness in demand raises co...
Hut 8 Corp ., a cryptocurrency miner that is shifting to developing artificial intelligence data center capacity, has signed a lease worth at least $9.8 billion over 15 years to provide computing power to a “high-investment-grade company.” The data center developer declined to name the tenant for the new AI facility located at a campus called Beacon Point in Nueces County, Texas. The agreement may...
Hut 8 Corp ., a cryptocurrency miner that is shifting to developing artificial intelligence data center capacity, has signed a lease worth at least $9.8 billion over 15 years to provide computing power to a “high-investment-grade company.” The data center developer declined to name the tenant for the new AI facility located at a campus called Beacon Point in Nueces County, Texas. The agreement may rise to a value of $25.1 billion if the tenant exercises all three five-year extensions, Hut 8 said Wednesday in a statement. The Beacon Point data center is approved for as much as 1 gigawatt of electricity, which is enough to power 750,000 US homes at any one time. AEP Texas will deliver energy to the site starting in the first quarter of 2027. Hut 8 has a total of $16.8 billion in signed leases between Beacon Point and its River Bend campus in Louisiana. Both projects involve Jacobs Solutions Inc. for engineering and construction and Vertiv Holdings Co. to handle issues such as cooling the data centers. Hut 8, which reports quarterly earnings Wednesday, is a publicly traded Bitcoin miner that has been transitioning into energy and digital infrastructure. The Miami-based company owns a stake in American Bitcoin Corp., a crypto-mining firm tied to Eric Trump and Donald Trump Jr.