Earnings Call Insights: Westwood Holdings Group (WHG) Q1 2026 Management View “Our AUM grew to $18.3 billion, up from $17.4 billion at year-end 2025,” and “our ETF suite of products surpassed $315 million in combined AUM,” (CEO & Director Brian Casey). “West II closed at over $300 million and West III fundraising is now underway,” and “we completed the sale of Vista Bank, generating a net gain of ...
Earnings Call Insights: Westwood Holdings Group (WHG) Q1 2026 Management View “Our AUM grew to $18.3 billion, up from $17.4 billion at year-end 2025,” and “our ETF suite of products surpassed $315 million in combined AUM,” (CEO & Director Brian Casey). “West II closed at over $300 million and West III fundraising is now underway,” and “we completed the sale of Vista Bank, generating a net gain of approximately $2 million,” (CEO & Director Casey). “This growth was driven primarily by our energy and real asset strategies, particularly private energy funds and energy-focused ETFs, which more than offset modest declines in U.S. value equity,” (CEO & Director Casey). “One major highlight was successfully onboarding our first institutional managed investment solutions client, accounting for over $200 million in gross sales,” (CEO & Director Casey). “MBST gained approval from its first major wirehouse, a very important distribution milestone,” and “YLDW... is approaching the $25 million threshold typically required for platform onboarding,” (CEO & Director Casey). “Today, we reported total revenues of $25 million for the first quarter of 2026 compared to $27.1 million in the fourth quarter and $23.3 million in the prior year's first quarter,” (CFO Terry Forbes). “Our first quarter income of $0.8 million or $0.09 per share,” and “non-GAAP economic earnings were $2.8 million or $0.31 per share,” (CFO Forbes). Outlook “We have commenced fundraising for Westwood Energy Secondaries Fund III and its related co-investment fund, which we expect to market through early 2027,” (CEO & Director Casey). “Our pipeline remains robust across both value and energy strategies with many new opportunities added during the quarter,” and “we are also initiating SMidCap due diligence with 2 of the largest national consultants,” (CEO & Director Casey). “Our SMidCap performance has remained strong and our pipeline of opportunities has grown to over $1 billion,” and “we're optimistic that we will l...
In recent trading, shares of Garrett Motion Inc (Symbol: GTX) have crossed above the average analyst 12-month target price of $21.80, changing hands for $25.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Garrett Motion Inc (Symbol: GTX) have crossed above the average analyst 12-month target price of $21.80, changing hands for $25.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Glaukos Corp (Symbol: GKOS) have crossed above the average analyst 12-month target price of $138.92, changing hands for $143.67/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Glaukos Corp (Symbol: GKOS) have crossed above the average analyst 12-month target price of $138.92, changing hands for $143.67/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
Civeo Corporation press release ( CVEO ): Q1 GAAP EPS of -$0.34. Revenue of $172.7M (+19.9% Y/Y). More on Civeo Corporation Civeo Corporation (CVEO) Q4 2025 Earnings Call Transcript Civeo outlines $650M-$700M revenue target for 2026 as company nears completion of buyback authorization and eyes Australian growth Civeo misses top-line and bottom-line estimates; introduces FY26 outlook Seeking Alpha’...
Civeo Corporation press release ( CVEO ): Q1 GAAP EPS of -$0.34. Revenue of $172.7M (+19.9% Y/Y). More on Civeo Corporation Civeo Corporation (CVEO) Q4 2025 Earnings Call Transcript Civeo outlines $650M-$700M revenue target for 2026 as company nears completion of buyback authorization and eyes Australian growth Civeo misses top-line and bottom-line estimates; introduces FY26 outlook Seeking Alpha’s Quant Rating on Civeo Corporation Historical earnings data for Civeo Corporation
Xenia Hotels press release ( XHR ): Q1 GAAP EPS of $0.21 beats by $0.03 . Revenue of $295.4M (+2.2% Y/Y) beats by $4.07M . AFFO of $0.63 Current full year 2026 guidance is inclusive of the following assumptions: Disruption due to renovations is expected to negatively impact Adjusted EBITDAre and Adjusted FFO by approximately $1 million - no change from prior guidance General and administrative exp...
Xenia Hotels press release ( XHR ): Q1 GAAP EPS of $0.21 beats by $0.03 . Revenue of $295.4M (+2.2% Y/Y) beats by $4.07M . AFFO of $0.63 Current full year 2026 guidance is inclusive of the following assumptions: Disruption due to renovations is expected to negatively impact Adjusted EBITDAre and Adjusted FFO by approximately $1 million - no change from prior guidance General and administrative expense of approximately $25 million, excluding non-cash share-based compensation - an increase of $1 million from prior guidance Interest expense of approximately $78 million, excluding non-cash loan related costs - no change from prior guidance Income tax expense of approximately $2 million - no change from prior guidance 95.7 million weighted-average diluted shares/units - no change from prior guidance More on Xenia Hotels Xenia Hotels & Resorts: Substantially Undervalued, Comfortable Dividends Xenia Hotels & Resorts, Inc. (XHR) Q4 2025 Earnings Call Transcript Xenia Hotels Q1 2026 Earnings Preview Xenia targets 7% adjusted FFO per share growth in 2026 through group demand and asset upgrades Seeking Alpha’s Quant Rating on Xenia Hotels
The Exxon oil refinery in Baytown, Texas, US, on Thursday, March 5, 2026. Mark Felix | Bloomberg | Getty Images Surging oil prices due to the Iran war did not result in a windfall for Exxon Mobil and Chevron in the first quarter. The two biggest U.S. oil companies reported profits on Friday that fell dramatically compared to the same period last year. Exxon's net income declined 45% while Chevron'...
The Exxon oil refinery in Baytown, Texas, US, on Thursday, March 5, 2026. Mark Felix | Bloomberg | Getty Images Surging oil prices due to the Iran war did not result in a windfall for Exxon Mobil and Chevron in the first quarter. The two biggest U.S. oil companies reported profits on Friday that fell dramatically compared to the same period last year. Exxon's net income declined 45% while Chevron's tumbled 36%. Exxon shares were up more than 1% in premarket trading, while Chevron's gained about 2%. Oil prices had been depressed during the first two months of the year as the market anticipated a surplus, but suddenly spiked after the U.S. and Israel attacked Iran on Feb. 28. Prices have surged 57% as the war has caused the largest oil supply disruption in history. Here's how Exxon and Chevron did compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Exxon posted adjusted earnings per share of $1.16 Exxon posted revenue of $85.14 billion vs $82.18 billion expected Chevron posted adjusted earnings per share of $1.41, beating estimates of 95 cents Chevron reported revenue of $48.61 billion, missing estimates of $52.1 billion Exxon warned earlier in the month the Iran war would weigh on its results. It has open financial hedges that proved unfavorable in the quarter as the war triggered a sudden and massive supply disruption. Exxon lost nearly $4 billion on these trades due to what it described as a "timing effect." The value of the product shipments that it hedged were not counted in the quarter because their delivery was not complete. It also took a $700 million hit on closed hedges that were not offest by physical deliveries due to the Middle East disruption. The impact, however, is temporary and the hedges will ultimately result in a net profit in subsequent quarters after the products are delivered, Exxon said. As a result, Exxon posted net income of $4.2 billion, or $1.00 per share, down from $7.7 billion or $1.76 per share last year....
The electric two-wheeler market is experiencing significant growth driven by the introduction of affordable new models and rising investments in charging infrastructure. As highlighted by Zion Market Research, the market's value is expected to grow from USD 529.36 million in 2024 to USD 1,228.93 million by 2034, at a CAGR of 9.81%. This sector's expansion is supported by technological advancements...
The electric two-wheeler market is experiencing significant growth driven by the introduction of affordable new models and rising investments in charging infrastructure. As highlighted by Zion Market Research, the market's value is expected to grow from USD 529.36 million in 2024 to USD 1,228.93 million by 2034, at a CAGR of 9.81%. This sector's expansion is supported by technological advancements in battery performance and AI integration, which enhance vehicle range and features. Challenges...
UK bond investors are shifting their focus from monetary policy to politics, with local elections next week seen as a potential catalyst for turmoil in government that could trigger a renewed selloff. Long-dated UK gilts — a key barometer of fiscal and political risk — are heading for their worst weekly performance in seven weeks, with 30-year yields up 12 basis points at 5.70%. That’s the highest...
UK bond investors are shifting their focus from monetary policy to politics, with local elections next week seen as a potential catalyst for turmoil in government that could trigger a renewed selloff. Long-dated UK gilts — a key barometer of fiscal and political risk — are heading for their worst weekly performance in seven weeks, with 30-year yields up 12 basis points at 5.70%. That’s the highest yield of any major developed market. After taking a beating from rising inflation and expectations for interest rate hikes, the UK government bond market has been hit by political risk in recent weeks as Prime Minister Keir Starmer ’s ill-fated appointment of Peter Mandelson as US ambassador came under renewed scrutiny. Money managers at Aegon Asset Management and RBC BlueBay say big losses for Starmer’s Labour Party in local elections in England, and for national parliaments in Scotland and Wales, on May 7 could send long-dated yields even higher. “We’ve had it circled in the calendar from the beginning of the year,” said Colin Finlayson , portfolio manager at Aegon. “It feels like we’re entering a period of when — not if — there’s a challenge to Starmer’s leadership. But no one’s going to say anything until after next week.” Finlayson is short 10-year gilt futures against a long position in comparable Australian debt in Aegon’s absolute return fund . He says markets are too bearish on Australia, where the central bank has already resumed rate hikes, and are underpricing risks in the UK. The Labour Party is set to lose 1,850 seats in the local elections, according to analysis by an expert in UK local voting. It’s the biggest electoral test Starmer has faced since he won office in 2024 and investors are concerned that a heavy defeat could prompt a shift in leadership or policy that would worsen the UK’s fragile fiscal position. What Bloomberg Strategists Say “The prism through which a potential (Starmer) departure should be considered is the uncertainty and fiscal risk pre...
Newell Brands press release ( NWL ): Q1 GAAP EPS of -$0.08 beats by $0.03 . Revenue of $1.5B (-6.3% Y/Y) misses by $10M . The Company initiated its outlook for the second quarter and updated its outlook for the full year 2026. The outlook does not include any refund of the $120 million paid for IEEPA tariffs in 2025. Q2 2026 Outlook Net Sales Flat to 2% Core Sales Flat to 2% Normalized Operating M...
Newell Brands press release ( NWL ): Q1 GAAP EPS of -$0.08 beats by $0.03 . Revenue of $1.5B (-6.3% Y/Y) misses by $10M . The Company initiated its outlook for the second quarter and updated its outlook for the full year 2026. The outlook does not include any refund of the $120 million paid for IEEPA tariffs in 2025. Q2 2026 Outlook Net Sales Flat to 2% Core Sales Flat to 2% Normalized Operating Margin 9.6% to 10.2% Normalized EPS $0.16 to $0.19 Updated Full Year 2026 Outlook Previous Full Year 2026 Outlook Net Sales Flat to 2% (1%) to 1% Core Sales (1%) to 1% (2%) to flat Normalized Operating Margin 8.6% to 9.2% unchanged Normalized EPS $0.56 to $0.60 $0.54 to $0.60 Click to enlarge The Company maintained its outlook for full year 2026 operating cash flow range of $350 million to $400 million. More on Newell Brands Newell Brands: Likely A Value Trap Amid Macro Uncertainties Newell Brands- A Potential Turnaround Could Be Pushed Back Even Further Newell Brands Inc. (NWL) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript Newell Brands Q1 2026 Earnings Preview Top-yielding consumer discretionary stocks amid war-driven global energy shock
nVent Electric press release ( NVT ): Q1 Non-GAAP EPS of $1.09 beats by $0.15 . Revenue of $1.2B (+48.3% Y/Y) beats by $90M . Reported EPS of $0.86 up 65%; Adjusted EPS of $1.09 up 63%• Cash Flows of $90 million up 41%; Free Cash Flow of $54 million up 21%• Raising full-year sales and EPS guidance:◦ Reported sales growth of 26% to 28%; Organic sales growth of 21% to 23%◦ Reported EPS of $3.68 to $...
nVent Electric press release ( NVT ): Q1 Non-GAAP EPS of $1.09 beats by $0.15 . Revenue of $1.2B (+48.3% Y/Y) beats by $90M . Reported EPS of $0.86 up 65%; Adjusted EPS of $1.09 up 63%• Cash Flows of $90 million up 41%; Free Cash Flow of $54 million up 21%• Raising full-year sales and EPS guidance:◦ Reported sales growth of 26% to 28%; Organic sales growth of 21% to 23%◦ Reported EPS of $3.68 to $3.78; Adjusted EPS of $4.45 to $4.55 (vs. consensus $4.18) More on nVent Electric nVent Electric: What The Market Is Missing About The Liquid Cooling Supercycle nVent Electric plc (NVT) Analyst/Investor Day Transcript nVent Electric plc (NVT) Analyst/Investor Day - Slideshow nVent Electric Q1 2026 Earnings Preview NVent forecasts 15–18% sales growth and $4–$4.15 EPS in 2026 as data center demand accelerates
Lear press release ( LEA ): Q1 Non-GAAP EPS of $3.87 beats by $0.36 . Revenue of $5.8B (+3.6% Y/Y). Sales in the first quarter were $5.8 billion, up 5% year-over-year. Sales excluding the impact of commodities, foreign exchange, tariff recoveries, acquisitions and divestitures were up 3%, reflecting increased production on key Lear platforms and the addition of new business. In the first quarter, ...
Lear press release ( LEA ): Q1 Non-GAAP EPS of $3.87 beats by $0.36 . Revenue of $5.8B (+3.6% Y/Y). Sales in the first quarter were $5.8 billion, up 5% year-over-year. Sales excluding the impact of commodities, foreign exchange, tariff recoveries, acquisitions and divestitures were up 3%, reflecting increased production on key Lear platforms and the addition of new business. In the first quarter, global vehicle production was down 3% compared to a year ago, with North America down 2%, Europe down 1% and China down 10%. Global vehicle production was up 3% on a Lear sales-weighted basis (2) impacted by Lear's fiscal calendar. Our 2026 financial outlook is summarized below: Full Year 2026 Financial Outlook Net Sales $23,210 million - $24,010 million vs $23.60B consensus Core Operating Earnings $1,030 million - $1,200 million Adjusted EBITDA $1,650 million - $1,820 million Restructuring Costs ≈$175 million Operating Cash Flow $1,210 million - $1,310 million Capital Spending ≈$660 million Free Cash Flow $550 million - $650 million Click to enlarge Shares +4.3% PM. More on Lear Lear: Not Ready To Buckle Up Lear: Expecting A Positive Q1 Surprise Lear Corporation (LEA) Presents at Bank of America Global Automotive Summit Transcript Lear Q1 2026 Earnings Preview Sizing up the impact on auto supplier stocks from the Section 232 tariffs
OneMain Holdings press release ( OMF ): Q1 Non-GAAP EPS of $1.95 beats by $0.09 . Revenue of $1.6B (+6.7% Y/Y) beats by $330M . C&I adjusted pretax income was $305 million and adjusted net income was $229 million for the first quarter of 2026, compared to $275 million and $207 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.95 for the first quarter of ...
OneMain Holdings press release ( OMF ): Q1 Non-GAAP EPS of $1.95 beats by $0.09 . Revenue of $1.6B (+6.7% Y/Y) beats by $330M . C&I adjusted pretax income was $305 million and adjusted net income was $229 million for the first quarter of 2026, compared to $275 million and $207 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.95 for the first quarter of 2026, compared to $1.72 in the prior year quarter. More on OneMain Holdings OneMain Holdings: A 7.2% Yielder With Ample Margin Of Safety OneMain Holdings: Dividend Yields And Liquidity Are Main Reasons For Adding It OneMain Holdings: An 8%+ Yield With Big Buybacks And Strong Growth Potential OneMain Holdings Q1 2026 Earnings Preview Most oversold financial mid-cap stocks on Wall Street amid Middle East disruptions
A tech worker in eastern China's Hangzhou city was dismissed after his job was replaced by AI. An appeals court in the city has ruled the dismissal unlawful. (Image credit: Andy Wong)
A tech worker in eastern China's Hangzhou city was dismissed after his job was replaced by AI. An appeals court in the city has ruled the dismissal unlawful. (Image credit: Andy Wong)
Aon press release ( AON ): Q1 Non-GAAP EPS of $6.48 beats by $0.13 . Revenue of $5.03M (-99.9% Y/Y) misses by $4.97B . We are reaffirming 2026 guidance of mid-single-digit or greater organic revenue growth, 70-80 basis points of adjusted operating margin expansion, strong adjusted EPS growth and double-digit free cash flow growth More on Aon Aon Stock: Setup Has Improved But Not Enough For A Buy (...
Aon press release ( AON ): Q1 Non-GAAP EPS of $6.48 beats by $0.13 . Revenue of $5.03M (-99.9% Y/Y) misses by $4.97B . We are reaffirming 2026 guidance of mid-single-digit or greater organic revenue growth, 70-80 basis points of adjusted operating margin expansion, strong adjusted EPS growth and double-digit free cash flow growth More on Aon Aon Stock: Setup Has Improved But Not Enough For A Buy (Rating Upgrade) Aon Q1 2026 Earnings Preview Aon expands Data Center Lifecycle Insurance capacity to $3.5B for digital infrastructure clients Seeking Alpha’s Quant Rating on Aon Historical earnings data for Aon
Head coach Eddie Howe says Newcastle's owners remain "ambitious" for the club despite the Saudi Arabian PIF's decision to pull out of funding LIV Golf.
Head coach Eddie Howe says Newcastle's owners remain "ambitious" for the club despite the Saudi Arabian PIF's decision to pull out of funding LIV Golf.
Lazard press release ( LAZ ): Q1 Non-GAAP EPS of $0.42 misses by $0.09 . Revenue of $673M (+4.7% Y/Y) misses by $40.23M . For the first quarter of 2026, Financial Advisory reported net revenue and adjusted net revenue 1 of $360 million and $356 million, respectively, 2% and 4% lower than the first quarter of 2025, respectively. Management fees on an adjusted basis1 were $296 million for the first ...
Lazard press release ( LAZ ): Q1 Non-GAAP EPS of $0.42 misses by $0.09 . Revenue of $673M (+4.7% Y/Y) misses by $40.23M . For the first quarter of 2026, Financial Advisory reported net revenue and adjusted net revenue 1 of $360 million and $356 million, respectively, 2% and 4% lower than the first quarter of 2025, respectively. Management fees on an adjusted basis1 were $296 million for the first quarter of 2026, 25% higher than the first quarter of 2025, and 3% higher than the fourth quarter of 2025. Incentive fees on an adjusted basis1 were $11 million for the first quarter of 2026, compared to $9 million for the first quarter of 2025. Other revenue2 on an adjusted basis1 was $1 million for the first quarter of 2026, compared to $18 million for the first quarter of 2025. Average assets under management ( AUM ) was $266 billion for the first quarter of 2026, 15% higher than the first quarter of 2025, and 2% higher than the fourth quarter of 2025. AUM as of March 31, 2026 was $259 billion, 14% higher than March 31, 2025, and 2% higher than December 31, 2025. The sequential change from December 31, 2025 was driven by net inflows of $9 billion, market appreciation of $0.4 billion, foreign exchange depreciation of $3 billion, and divestitures of $1.5 billion. Asset Management adjusted net revenue increased 17% year-over-year with positive flows of $9 billion More on Lazard Lazard, Inc. (LAZ) Presents at UBS Financial Services Conference 2026 Transcript Lazard, Inc. (LAZ) Presents at Bank of America Financial Services Conference 2026 Transcript Lazard Q1 2026 Earnings Preview Lazard AUM dips 6.7% in March as markets slide Seeking Alpha’s Quant Rating on Lazard