Babcock & Wilcox Enterprises press release ( BW ): Q1 GAAP EPS of -$0.62 misses by $0.59 . Revenue of $214.4M (+44.3% Y/Y) beats by $64.7M . Revenues in the first quarter of 2026 were $214.4 million, a 44% increase compared to $148.6 million in the first quarter of 2025, primarily driven by an increase in large project volume of over $60 million, including our ongoing project with Base Electron. T...
Babcock & Wilcox Enterprises press release ( BW ): Q1 GAAP EPS of -$0.62 misses by $0.59 . Revenue of $214.4M (+44.3% Y/Y) beats by $64.7M . Revenues in the first quarter of 2026 were $214.4 million, a 44% increase compared to $148.6 million in the first quarter of 2025, primarily driven by an increase in large project volume of over $60 million, including our ongoing project with Base Electron. Total global pipeline grew by 17% to more than $14.0 billion Bookings of $2.5 billion in the first quarter, a 1,971% increase compared to the same period of 2025 Backlog of $2.7 billion in the first quarter, a 483% increase compared to the same period of 2025 Q1 2026 Continuing Operations Highlights and Outlook Revenues of $214.4 million, compared to $148.6 million in the first quarter of 2025 Operating loss of $1.7 million, compared to $1.8 million in the first quarter of 2025 Net loss from continuing operations of $79.6 million, compared to a loss of $15.6 million in the first quarter of 2025 primarily due to increased non-cash warrant and other stock cost valuations Adjusted net income from continuing operations of $2.2 million, compared to an adjusted net loss of $15.6 million in the first quarter of 2025 Adjusted EBITDA of $16.1 million, compared to $4.0 million in the first quarter of 2025 Company reiterates full year 2026 Adjusted EBITDA target range of $80.0 million to $100.0 million from core business More on Babcock & Wilcox Enterprises Babcock & Wilcox Enterprises, Inc. 2025 Q4 - Results - Earnings Call Presentation Babcock & Wilcox: The 41% Surge Could Be Just The Beginning Babcock & Wilcox Enterprises, Inc. (BW) Q4 2025 Earnings Call Transcript Babcock & Wilcox books $21M in U.S. fuel-switching projects Industrial stocks hit fresh highs as ceasefire rally lifts infrastructure names
Bank of America Corp. adopted new block‑trade guidelines months after a deal now at the center of a criminal trial involving a well-known hedge fund, a Hong Kong court heard Monday. Prosecutors said the Wall Street bank introduced at least two new policies for some equities sales and trading employees after its involvement in a 2017 block trade in the shares of Esprit Holdings Ltd. The deal ultima...
Bank of America Corp. adopted new block‑trade guidelines months after a deal now at the center of a criminal trial involving a well-known hedge fund, a Hong Kong court heard Monday. Prosecutors said the Wall Street bank introduced at least two new policies for some equities sales and trading employees after its involvement in a 2017 block trade in the shares of Esprit Holdings Ltd. The deal ultimately led to insider-trading allegations against Segantii Capital Management , its founder Simon Sadler and Daniel La Rocca, a former senior trader at the firm. They have all pleaded not guilty. Bank of America unveiled the new policies in two stages in the months that followed the Esprit deal, the prosecutors said, although they didn’t claim the guidelines were a direct response to that transaction. The rules instructed those working on the sales and trading desk to consult the compliance team if a block seller owned 5% or more of a company’s shares, if the seller was offloading a stake of 3% or more, or if the size of the deal represented more than 10 days’ average daily trading volumes. Those policies touched on some of the key factors prosecutors have highlighted about the Esprit block sale. It represented a stake of around 10% in the company, came from a single long-term shareholder — US hedge fund firm Lone Pine Capital — and was equivalent to more than 60 times the stock’s average daily trading volumes, prosecutors had earlier said. Bank of America, which isn’t a defendant in the case, didn’t immediately respond to requests for comment. BofA Didn’t Have Block Trade Mandate at Time of Segantii Calls Segantii Trial Is a Spectacle Sprinkled With F-Bombs: HK Edition Sadler Accused Bankers of Botching Block Trade as He Sold Stock The changes underscore the fine lines that banks have to walk when handling so-called block trades, which are typically negotiated confidentially off-exchange. Tony Psarianos , then an equity sales trading director at Bank of America’s Merrill Lyn...
Starz Entertainment's investors are warming up to the streaming platform's prospects in the evolving entertainment landscape as it refreshes its content, giving shares plenty of room to run, according to Baird. The investment firm upgraded the stock to outperform from neutral. It also hiked its price target on shares to $30 from $12, implying 52% upside from Friday's close. "STRZ holds a unique an...
Starz Entertainment's investors are warming up to the streaming platform's prospects in the evolving entertainment landscape as it refreshes its content, giving shares plenty of room to run, according to Baird. The investment firm upgraded the stock to outperform from neutral. It also hiked its price target on shares to $30 from $12, implying 52% upside from Friday's close. "STRZ holds a unique and favorable position in the entertainment landscape, strengthened by its separation from the studio roughly one year ago," analyst Vikram Kesavabhotla said in a note to clients. "Looking ahead, we see an interesting mix of drivers forming that should support outperformance in the shares - including a healthier monetization strategy, a compelling content slate, and an improving profitability/leverage profile." The company has adopted a healthier monetization strategy that is deprioritizing quarterly subscribers, according to the analyst. That has allowed Starz to focus on developing a more "compelling content slate, which should benefit customer acquisition, retention, and monetization," he added. Kesavabhotla also noted that the firm's profitability has already improved, in part due to its ownership economics. Baird's call goes against consensus on Wall Street. Of the eight analysts covering Starz, five have a hold on the stock, while just three have a buy rating on it, LSEG data shows. Shares have jumped 69% in the year to date, vastly overperforming the overall market.
Zimbabwe’s state-owned sovereign wealth fund, Mutapa Investment Fund Ltd., needs $250 million to expand its gold mining operations across the country. Ernest Denhere, deputy chief investment officer, said negotiations with local lenders have already begun. The fund owns Mutapa Gold Resources Ltd. “We are currently working on a $75 million local debt syndication as a start,” he told lawmakers in Bi...
Zimbabwe’s state-owned sovereign wealth fund, Mutapa Investment Fund Ltd., needs $250 million to expand its gold mining operations across the country. Ernest Denhere, deputy chief investment officer, said negotiations with local lenders have already begun. The fund owns Mutapa Gold Resources Ltd. “We are currently working on a $75 million local debt syndication as a start,” he told lawmakers in Bindura. “In the month of March, we achieved a record production of 340 kilograms and we are projecting to producing 570 kilograms from 2028.” Last year, Mutapa produced 3.6 tons of gold; output has slipped to 3.3 tons this year, all of which is sold to the state refiner, Fidelity Gold Refinery. Denhere didn’t disclose the names of the entities engaged for the capital-raising initiative. Mutapa Gold Resources holds five claims across the country, covering about 52,000 hectares. In December, Mutapa Investment Fund restructured its mining entity, Kuvimba Mining House, in a bid to improve efficiency. The clusters are: Mutapa Gold Resources, Mutapa Base Metals Ltd., Mutapa Energy Minerals Ltd., Mutapa Platinum Group and Mutapa Frontier.
Sally Beauty press release ( SBH ): Q2 Non-GAAP EPS of $0.44 beats by $0.03 . Revenue of $903.38M (+2.3% Y/Y) beats by $1.01M . Consolidated Comparable Sales Increased 1.3%. Global e-commerce sales increased 13% to $108 million, representing 12% of net sales. Cash flow from operations of $73 million and Free Cash Flow of $44 million; and Fiscal 2026 Guidance: Company Tightens Net Sales Range and R...
Sally Beauty press release ( SBH ): Q2 Non-GAAP EPS of $0.44 beats by $0.03 . Revenue of $903.38M (+2.3% Y/Y) beats by $1.01M . Consolidated Comparable Sales Increased 1.3%. Global e-commerce sales increased 13% to $108 million, representing 12% of net sales. Cash flow from operations of $73 million and Free Cash Flow of $44 million; and Fiscal 2026 Guidance: Company Tightens Net Sales Range and Reiterates All Other Metrics. Fiscal Year 2026 Guidance* Third Quarter Consolidated Net Sales $932 million to $942 million vs. $947.23M consensus Comparable Sales Approximately Flat Adjusted Operating Earnings $83 million to $89 million Adjusted Diluted EPS $0.52 to $0.56 vs. $0.58 consensus (1) Assumes approximately 40 basis points of favorable impact from expected foreign currency rates Click to enlarge Full Year Prior FY26 Guidance Updated FY26 Guidance Consolidated Net Sales $3.71 billion to $3.77 billion $3.725 billion to $3.750 billion vs. $3.75B consensus (prior $3.71 billion to $3.77 billion) Comparable Sales Flat to up 1% No change Adjusted Operating Earnings $328 million to $342 million No change Adjusted Diluted EPS $2.02 to $2.10 vs. $2.07 consensus No change Capital Expenditures Approximately $100 million No change Free Cash Flow Approximately $200 million No change Click to enlarge More on Sally Beauty Sally Beauty Holdings Still Buying Back Stock And Getting More Efficient Sally Beauty Holdings: Things Are Slowly Improving With This House Position Sally Beauty Q2 2026 Earnings Preview Sally Beauty names Adrianne Lee to CFO post Seeking Alpha’s Quant Rating on Sally Beauty
Olaplex press release ( OLPX ): Q1 Non-GAAP EPS of $0.02 beats by $0.01 . Revenue of $99.4M (+2.5% Y/Y) beats by $5.37M . Specialty Retail decreased 13.3% to $33.4 million; Professional increased 12.3% to $38.8 million; Direct-To-Consumer increased 13.8% to $27.2 million. In light of the transaction, OLAPLEX will not host a conference call to discuss its first quarter 2026 results and will not be ...
Olaplex press release ( OLPX ): Q1 Non-GAAP EPS of $0.02 beats by $0.01 . Revenue of $99.4M (+2.5% Y/Y) beats by $5.37M . Specialty Retail decreased 13.3% to $33.4 million; Professional increased 12.3% to $38.8 million; Direct-To-Consumer increased 13.8% to $27.2 million. In light of the transaction, OLAPLEX will not host a conference call to discuss its first quarter 2026 results and will not be providing or updating previously issued financial guidance. More on Olaplex Henkel Buys Olaplex - Implications Are Negative Olaplex: The Turnaround Is Lagging Olaplex Holdings, Inc. (OLPX) Q4 2025 Earnings Call Transcript Olaplex to be acquired by Henkel for $1.4B; stock surges 49% premarket Olaplex outlines 2026 revenue guidance of -2% to +3% with focus on hero products and innovation
Target Hospitality press release ( TH ): Q1 GAAP EPS of -$0.13 misses by $0.02 . Revenue of $72.78M (+4.1% Y/Y) misses by $1.25M . The increase in revenue was primarily driven by new contract awards in the WHS segment and the completion of the ramp-up phases associated with the contract award at the Company's Dilley, Texas community ("Dilley Contract"), partially offset by the termination of the P...
Target Hospitality press release ( TH ): Q1 GAAP EPS of -$0.13 misses by $0.02 . Revenue of $72.78M (+4.1% Y/Y) misses by $1.25M . The increase in revenue was primarily driven by new contract awards in the WHS segment and the completion of the ramp-up phases associated with the contract award at the Company's Dilley, Texas community ("Dilley Contract"), partially offset by the termination of the Pecos Children's Center Contract ("PCC Contract") effective February 2025. FY26 outlook Total revenue between $370 and $380 million Adjusted EBITDA(1) between $75 and $85 million Total Capital Expenditures between $460 and $480 million, excluding acquisitions More on Target Hospitality Target Hospitality Set To Benefit From String Of Contract Wins Target Hospitality Still Aims At Its Potential Core Recovery And Growth Drivers Target Hospitality Corp. (TH) Q4 2025 Earnings Call Transcript Target Hospitality Q1 2026 Earnings Preview Target Hospitality prices 7M share secondary offering at $14.00 per share
Cathie Wood doesn't shy away from fire sales as the CEO of Ark Invest. On Friday, her family of aggressive growth ETFs added to existing stakes in CoreWeave (NASDAQ: CRWV) , Cloudflare (NYSE: NET) , and Toast (NYSE: TOST) , which declined 14%, 24%, and 11%, respectively. It was not a good day for those investors. Let's see why Wood is buying at a time when the overall market was going the other wa...
Cathie Wood doesn't shy away from fire sales as the CEO of Ark Invest. On Friday, her family of aggressive growth ETFs added to existing stakes in CoreWeave (NASDAQ: CRWV) , Cloudflare (NYSE: NET) , and Toast (NYSE: TOST) , which declined 14%, 24%, and 11%, respectively. It was not a good day for those investors. Let's see why Wood is buying at a time when the overall market was going the other way. Image source: Getty Images. Continue reading