Earnings Call Insights: Gladstone Land (LAND) Q1 2026 Management view "We didn't have any acquisition or sales activity during the quarter, but we may consider selling some additional farms during the next few quarters." (Founder, Chairman, CEO & President David Gladstone) "If we're able to complete some of those, we'd like to use most of the proceeds to pay down debt and buy back preferred stock....
Earnings Call Insights: Gladstone Land (LAND) Q1 2026 Management view "We didn't have any acquisition or sales activity during the quarter, but we may consider selling some additional farms during the next few quarters." (Founder, Chairman, CEO & President David Gladstone) "If we're able to complete some of those, we'd like to use most of the proceeds to pay down debt and buy back preferred stock." "Due to market conditions affecting certain of our permanent crops, particularly the nuts and the wine grapes, we modified the lease structures." (Founder, Chairman, CEO & President Gladstone) "We've modified our leases so that we're taking a lot more risk in terms of growing, and we continue to operate 2 properties with the help of third-party growers." "With the marketing season for almonds and pistachios for the 2025 crop about half done, we're seeing prices firming up, especially with pistachios." (Executive Vice President of West Coast Operations William Reiman) "Our final crop revenue and profit numbers for 2025 should beat our expectations." "We did add some unencumbered properties to certain existing and new credit facilities that increased our immediately available liquidity by about $50 million." (CFO & Assistant Treasurer Lewis Parrish) "So far in 2026, we've raised about $50 million through our ATM program" and "we've bought back over $6 million of Preferred Stock so far in 2026 at an average repurchase yield of 7.4%, resulting in a total gain of nearly $700,000." Outlook "Looking ahead, we have 5 leases scheduled to expire over the next 6 months." (Founder, Chairman, CEO & President Gladstone) "In total, these leases represent about 4% of our total lease revenue for the year-to-date in 2026." "Our goal is to eventually transition all of our farms back to more traditional lease structures with fixed-based rents." (Founder, Chairman, CEO & President Gladstone) "But the timing of that will depend on several factors that are out there today. Most importantly, we'...
Earnings Call Insights: Digimarc (DMRC) Q1 2026 Management view "In Q1, we made significant progress in advancing adoption of our Secure Gift Card solution" and "achieved a critical milestone by signing our first commercial order covering 6 Closed-Loop and Open-Loop brands," while "advancing initial rollout plans with 15 North American retailers, including 8 of the 20 largest as measured by sales....
Earnings Call Insights: Digimarc (DMRC) Q1 2026 Management view "In Q1, we made significant progress in advancing adoption of our Secure Gift Card solution" and "achieved a critical milestone by signing our first commercial order covering 6 Closed-Loop and Open-Loop brands," while "advancing initial rollout plans with 15 North American retailers, including 8 of the 20 largest as measured by sales." (CEO, President & Director Riley McCormack) "The summer rollout with the other retailer mentioned will be more limited than originally planned with the full almost 600 location rollout now targeted for January 2027," and management tied the change to scanner vendor timing: "the greatest source of timing risk has been the scanner vendors shipping generally available versions of their firmware running our latest software"; "this delay had nothing to do with our software." (CEO McCormack) "Ending ARR for Q1 was $15 million compared to $20 million for Q1 last year," and "sequential ARR growth was 9%." (Executive VP, CFO & Treasurer Charles Beck) "Looking ahead, we still expect to deliver significant ARR growth in 2026 although the composition of that growth has changed" and "we no longer expect Gift Cards to be the largest contributor" due to rollout timing. (CFO Beck) Outlook "Looking ahead, we still expect to deliver significant ARR growth in 2026 although the composition of that growth has changed" and "we no longer expect Gift Cards to be the largest contributor" because "this is purely a result of timing of initial rollouts as opposed to our conviction in the opportunity." (CFO Beck) "We expect to implement our new corporate structure shortly, allowing us to realize the benefits discussed on our last call," and later added: "we expect to finalize our new corporate structure, which was approved by shareholders on or around May 16" and "the new corporate structure will result in a CUSIP change." (CEO McCormack; CFO Beck) Analysts’ estimates were provided but did not includ...
Microsoft Corp. CEO Satya Nadella has said empathy is the key force behind innovation, calling it an innate human quality but one of the hardest leadership skills to develop. Nadella Calls Empathy Innovation's Core In an October 2021 interview with...
Microsoft Corp. CEO Satya Nadella has said empathy is the key force behind innovation, calling it an innate human quality but one of the hardest leadership skills to develop. Nadella Calls Empathy Innovation's Core In an October 2021 interview with...
Toltek/iStock via Getty Images Wheat futures on the Chicago Board of Trade surged Tuesday after the U.S. Department of Agriculture lowered its outlook for domestic wheat production in 2026, amid persistent dryness in some key U.S. growing areas. T he USDA said in its monthly World Agricultural Supply and Demand Estimates report that it projects 1.56B bushels of wheat to be produced in the U.S. thi...
Toltek/iStock via Getty Images Wheat futures on the Chicago Board of Trade surged Tuesday after the U.S. Department of Agriculture lowered its outlook for domestic wheat production in 2026, amid persistent dryness in some key U.S. growing areas. T he USDA said in its monthly World Agricultural Supply and Demand Estimates report that it projects 1.56B bushels of wheat to be produced in the U.S. this year, a larger cut than expected and down from last year, when the USDA projected production of 1.98B bushels. Underpinning the cut was a significant reduction in the size of the U.S. winter wheat crop, which is now forecast at 1.05B bushels, down ~350M bushels from last year and 100M lower than forecast by surveyed analysts. "The USDA shocked the trade with that huge reduction in winter wheat production," Midwest Market Solutions President Brian Hoops told The Wall Street Journal . "This was the largest cut in production from the April to May report in history." Drought conditions in the western plains are getting worse, with the USDA's Crop Progress report published Monday saying only 28% of the winter wheat crop is in good or excellent condition, down from 31% a week earlier. The USDA forecasts 16B bushels of corn and 4.44B bushels of soybeans will be grown this year, in line with market expectations. The agency also reduced its outlook for world wheat production to 275M metric tons for the 2026-27 marketing year, also lower than expected. CBOT wheat ( W_1:COM ) for July delivery closed limit-up 7.1% to $6.79 per bushel following the WASDE release, trading at its highest level in nearly two years, while soybeans ( S_1:COM ) for July delivery gained 1% to $12.25 1/4 per bushel and corn ( C_1:COM ) for July delivery added 0.7% to $4.78 3/4 per bushel. ETFs: ( WEAT ), ( SOYB ), ( CORN ), ( DBA ), ( MOO ) More on U.S. grain futures Commodities: Oil Surges As Peace Deal Hopes Fade Commodities: Oil Rebounds On Renewed U.S.-Iran Tensions Chart Of The Day: Forget Fuel, Watch F...
JHVEPhoto/iStock Editorial via Getty Images Shares of Lincoln National ( LNC ) have been a poor performer over the past year, losing about 2% of their value. While the company has taken dramatic steps to improve its capital position, including a partnership with Bain, shares are down over 20% from their recent highs. The stock has been caught up in fears over private credit, a headwind for much of...
JHVEPhoto/iStock Editorial via Getty Images Shares of Lincoln National ( LNC ) have been a poor performer over the past year, losing about 2% of their value. While the company has taken dramatic steps to improve its capital position, including a partnership with Bain, shares are down over 20% from their recent highs. The stock has been caught up in fears over private credit, a headwind for much of the sector, but I believe this fear is overstated in LNC’s case. I last covered shares in March , and they have gained 6% since then. With updated financials, now is a good time to revisit shares. Seeking Alpha In the company’s first quarter , Lincoln National earned $1.66 per share, which beat estimates by $0.06 as revenue grew 13% to $5.3 billion. Adjusted operating income grew 16%, up for a 7th straight quarter. For the second straight quarter, its alternatives portfolio exceeded its 2.5% quarterly target, earning $129 million. This helped to drive strong results, but returns can be volatile quarter to quarter, and I would not be surprised to see a moderation in Q2. LNC has $4.2 billion of alternatives in its investment portfolio. Lincoln National Annuity sales were $3.9 billion, and it continues to shift the mix to less-risky products with spread-based products up to 64% of sales. Variable annuity sales, which on average are riskier, were down from a year ago and are just 26% of sales, reflecting the concerted effort to de-risk the annuity portfolio going forward. Fixed index annuities continue to lead the way, up 90% from last year. LNC is focusing on this differentiated product, as more competitive pricing in fixed annuities and MYGAs has reduced sales there. While fixed annuity sales are down because LNC is no longer reinsuring some of the flow (given its better capital position), its retained fixed sales are actually higher, helping to diversify its portfolio. Lincoln National Thanks to strong sales and market appreciation, account values were up 7% from last year ...
Shortfalls could persist longer than current expectations and drive up the price of aluminum as an impact of war with Iran says Timna Tanners, managing director of equity research for Wells Fargo. Tanners talked about the different impacts of the war on commodity prices, including copper which neared record highs on Tuesday due to a rise in demand from China and fears about supplies of sulfur in t...
Shortfalls could persist longer than current expectations and drive up the price of aluminum as an impact of war with Iran says Timna Tanners, managing director of equity research for Wells Fargo. Tanners talked about the different impacts of the war on commodity prices, including copper which neared record highs on Tuesday due to a rise in demand from China and fears about supplies of sulfur in the Mideast. (Source: Bloomberg)
CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX: PEY) is pleased to report record operating and financial results for the first quarter of 2026, and a $0.01 per share (9%) increase to its monthly dividend.
CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX: PEY) is pleased to report record operating and financial results for the first quarter of 2026, and a $0.01 per share (9%) increase to its monthly dividend.