McKesson Posts 18% EPS Rise, Boosts FY2026 Guidance on Strong Pharma Demand
McKesson Corp. announced adjusted earnings of $39.11 per diluted share for fiscal 2026, an 18% jump, and raised its FY2027 guidance to $43.80‑$44.60 per share. The health‑care distributor credited specialty drug demand, AI‑driven cost cuts, and a $5.1 billion shareholder return program.
First Advantage Posts 8.6% Revenue Rise to $385M in Q1 2026
First Advantage Corp. posted $385 million in first‑quarter revenue, an 8.6% year‑over‑year increase and the fourth straight quarter of growth. The earnings beat was powered by a 12% go‑to‑market expansion, AI‑driven productivity gains, and a 97% customer‑retention rate.
Commerzbank Cuts 3,000 Jobs, Raises Profit Targets as UniCredit Launches €37bn Bid
Commerzbank said it will cut as many as 3,000 positions and lift its 2028 profit target to €4.6 billion as Italy’s UniCredit formally launched a €37 billion ($43.4 billion) takeover bid. The restructuring, costing about €450 million, comes with a €600 million AI investment and...
Sprout Social Posts 11% YoY Revenue Rise, Beats Q1 2026 Forecast
Sprout Social posted $121.5 million in Q1 2026 revenue, an 11.2% year‑over‑year increase, surpassing analyst forecasts. The company highlighted strong AI‑driven product adoption, a record $24.7 million non‑GAAP free cash flow, and an inaugural $50 million share‑repurchase program.
Google’s Free Cash Flow Will Hit Zero Next Year
Alphabet posted $73.3 bn of free cash flow in FY2025, but CEO Sundar Pichai guided 2026 capital expenditures of $175‑$185 bn, essentially matching the company’s operating cash. The capex trajectory has accelerated from $32.3 bn in 2023 to $91.4 bn in 2025, with Q4...
Real (REAX) Q1 2026 Brokerage Transactions Jump 25% as RE/MAX Deal Looms
Real (REAX) announced a 25% increase in North American brokerage closed transactions for Q1 2026, driving revenue to $466 million. The growth comes as the company prepares to integrate a $880 million RE/MAX acquisition, positioning its technology platform for deeper market penetration.
NTPC Looks to List Arms NEEPCO, THDC by FY27
State‑owned power giant NTPC announced plans to list its subsidiaries THDC India and North Eastern Electric Power Corp (NEEPCO) on Indian stock exchanges by the close of the current financial year. The move follows NTPC’s recent listing of its green‑energy...
Con Edison Launches $2 Billion At‑the‑market Equity Program to Fund Subsidiaries
Con Edison unveiled a $2 billion at‑the‑market (ATM) equity program, allowing the utility to sell common shares on the NYSE as needed. The move follows a $776 million forward‑sale settlement in Q1 2026 and aims to fund subsidiaries, capital projects and general corporate...
Owens Corning Elevates Todd Fister to Combined CFO and COO Role
Owens Corning announced that Todd Fister, its EVP and CFO since 2023, will now serve as chief financial and operating officer, merging CFO and COO duties while the board conducts an external search for a new CFO. The move underscores...
34% of CFOs Cite Productivity Gains as Primary AI Adoption Driver
A new PYMNTS Intelligence survey of chief financial officers at U.S. companies with at least $1 billion in revenue shows 34% cite productivity gains as the chief motivator for AI investment. The study also reveals industry‑specific priorities, emerging skill‑gap concerns, and...
Apollo and Blackstone Mull $35 Billion Private Credit Deal for Broadcom AI Chip Push
Apollo Global Management and Blackstone are negotiating a roughly $35 billion private‑credit financing for Broadcom, aimed at fueling the chipmaker’s AI‑focused product rollout. The deal would rank among the biggest private‑credit transactions ever, underscoring how tech firms are tapping alternative capital...
Citigroup Shares Slip on Modest ROE Guidance as Shake Shack Revenue Miss Stuns Investors
Citigroup's shares fell after the bank set a 2025‑2031 return on tangible common equity (ROTE) target of 14%‑15%, below analyst aspirations. At the same time, Shake Shack's first‑quarter revenue missed estimates, sending its stock tumbling, while DataDog surged on an...
Telus Posts $5 B Q1 Revenue, Announces CFO Retirement
Telus Corp. posted unaudited first‑quarter 2026 operating revenues of $5.0 billion, a slight dip from the prior year, while announcing the unexpected retirement of its chief financial officer. The results highlight modest service‑revenue growth, strong customer additions and a thriving TELUS...
Hyperscale Data Weighs Strategic Options as $100 Million Balance Sheet Outpaces Market Value
Hyperscale Data, Inc. announced that its executive team is evaluating a range of strategic alternatives after its cash and Bitcoin treasury neared $100 million while its market capitalization lagged behind. Executive Chairman Milton “Todd” Ault III warned that the market undervalues...
Peloton Posts Q3 2026 Turnaround, Revenue Grows YoY, Debt Cut 70%
Peloton Interactive announced positive year‑over‑year revenue growth and a 70% reduction in net debt during its Q3 2026 earnings call. The company highlighted a $1.13 billion cash reserve, a new Spotify content partnership and expanding commercial sales, signaling a shift toward...
Bank of Ghana Reports GH¢15.6bn Loss, Unveils Recapitalisation Roadmap
The Bank of Ghana announced a GH¢15.6bn (about $1.3bn) operating loss for 2025 and a plunge in equity to GH¢93bn negative. The central bank said it remains policy‑solvent but unveiled a multi‑year recapitalisation programme with the finance ministry to rebuild...
BigBear.ai Holdings, Inc. (BBAI) Q1 2026 Earnings Call Prepared Remarks Transcript
BigBear.ai Holdings held its first‑quarter 2026 earnings call on May 8, 2026, with CFO Sean Ricker and CEO Kevin McAleenan presenting. The executives emphasized the company’s role in delivering AI‑driven solutions that support U.S. servicemen and women and bolster national‑security capabilities. They referenced...
Doug French, Telus CFO, Retiring From Position Next Month
Telus announced that Chief Financial Officer Doug French will retire next month, ending a decade-long tenure overseeing the company's financial strategy. The board will launch a search for a successor while French assists in a transitional handover. His departure comes...
Genpact and Google Cloud Expand Alliance to Deploy AI Agents for CFO Offices
Genpact and Google Cloud announced an expanded alliance to build and scale agentic AI solutions for the Office of the CFO. The partnership introduces the Genpact Finance One – Revenue Lens Agents on Google Cloud’s Agent Marketplace, aiming to move...
Flashfood Hires CFO Rob Levy and CRO Steve Towarnicki to Accelerate Retail Expansion
Flashfood announced the appointment of Rob Levy as chief financial officer and Steve Towarnicki as chief revenue officer. The hires come as the surplus‑grocery marketplace scales its retail footprint to more than 2,000 North American stores, aiming to increase its...
NI Holdings, Inc. Reports Results for First Quarter Ended March 31, 2026
NI Holdings reported Q1 2026 results showing a 15% drop in gross premiums to $57.5 million, driven by the exit from non‑standard auto lines. The combined ratio improved to 79.7% from 94.4% a year earlier, reflecting stronger underwriting in Home, Farm...
Sacramento City Unified to Lay Off 600 Staff Amid $170M Deficit
Sacramento City Unified School District announced a plan to eliminate 600 classified and certificated positions, saving $23.7 million, as the district confronts a nine‑digit structural deficit and the threat of state receivership. The move, coupled with a proposed $170 million budget shortfall,...
Cloudflare Q1 2026 Earnings Call Shows Revenue Surge and Margin Expansion
Cloudflare’s Q1 2026 earnings call highlighted a revenue surge driven by a 73% year‑over‑year rise in $1 million‑plus deals, record free cash flow of $84.1 million, and a wave of new large customers. The company also announced two multi‑year contracts worth $10 million...
Disney Q2 2026 Beats Forecast as Streaming Profit Soars 88% Amid Parks Slowdown
Disney reported fiscal Q2 2026 revenue of $25.2 billion and diluted EPS of $1.57, beating analysts’ expectations. Streaming operating income surged 88% to $582 million, while domestic park attendance fell 1%, prompting a cautious outlook for the experiences segment. The board also...
Berkshire’s Incoming CFO to Reap $8M Salary in Post-Buffet Era
Berkshire Hathaway announced that its incoming chief financial officer, Charles Chang, will earn an $8 million cash salary starting June 1, nearly double the $4.3 million paid to former CFO Marc Hamburg. The filing also grants Hamburg up to 30 NetJets flight hours...
Intesa Sanpaolo Posts Record Q1 Profit, Driven by Wealth Management
Intesa Sanpaolo posted a record Q1 2026 net income of €2.8 billion (≈$3.05 bn), up 6% YoY, driven by a diversified revenue mix and a surge in wealth‑management fees. Operating income reached €7.2 billion (≈$7.85 bn) with the lowest‑ever cost‑income ratio of 35.9%, underscoring strong efficiency....
Spirit Airlines Bankruptcy Risks $26 M Revenue Loss for Detroit Metro Airport
Spirit Airlines' Chapter 11 filing wipes out its $26 million contribution to Detroit Metropolitan Airport—about 7% of the airport’s 2024 operating revenue—and could force higher landing fees for remaining airlines. Airport officials and bond filings outline how the loss may be recouped,...
Warner Music Group Posts $1.7B Q2 Revenue, Highlights $650M Catalog Spend
Warner Music Group announced $1.7 billion in second‑quarter 2026 revenue, a 17% year‑over‑year rise, while disclosing a $650 million spend on music‑catalog acquisitions through its Bain Capital joint venture. The results signal strong streaming growth and a bold push to own more...
Sempra Posts 15% Q1 Earnings Rise, Boosts Full-Year Guidance
San Diego‑based Sempra announced a 15% increase in first‑quarter earnings to $1.04 billion, or $1.58 per share, and raised its full‑year earnings guidance to $4.87‑$5.37 per share. The results underscore the utility’s disciplined cost control and capital‑recycling strategy in a regulated...
Stellus Capital to Release Q1 2026 Results on May 11, CFO to Lead Investor Call
Stellus Capital Investment Corp (NYSE: SCM) announced that its first‑quarter 2026 financial results will be released after market close on May 11, with a live conference call on May 12 led by CEO Robert T. Ladd and CFO W. Todd...
Warner Bros. Discovery Streams Revenue Gains as HBO Max Expands to New Markets in Q1 2026
Warner Bros. Discovery announced that its streaming revenue rose in the first quarter of 2026, driven by the rollout of HBO Max into several new international markets. While the company did not disclose the exact dollar amount, executives highlighted the...
CFOs On the Move: Week Ending May 8
A wave of CFO appointments and departures marked the week ending May 8, spanning restaurants, entertainment, and technology firms. Michelle Hook left Portillo’s for Shake Shack, while Brian Witherow stepped down at Six Flags, prompting an interim finance lead. iCIMS elevated CFO Marc...
Prudential CFO Sees ‘Gradual Ramp up’ of Sales in Japan After Pause
Prudential Financial’s CFO Yanela Frias said the February sales pause at its Japan subsidiary cost about $130 million in the first quarter, driving a 27% YoY drop in international revenue to $424 million. The pause, extended through Nov 5, will remain until a...
Sunrun Quarterly Results: Sunrun Increases Revenue by 43 Percent in Q1 2026 and Reports Net Profit - Shares Rise
Sunrun reported a strong Q1 2026 financial performance, with revenue climbing 43% year‑over‑year to $722.2 million. The energy‑systems segment surged 151% to $254.4 million, while core contract revenue rose 16% to $467.8 million. The company posted a net profit of $167.6 million ($0.71 basic EPS)...
Toyota’s FY Profit Plunges 19% as U.S. Tariffs Wipe Out $9 Billion
Toyota Motor Corp posted a 19% decline in fiscal‑year profit to 3.85 trillion yen ($25 bn), saying U.S. tariffs on auto parts erased roughly $9 bn of operating income. The loss came despite a rise in global vehicle sales, underscoring how trade policy...
Centrica Buys Severn Power Station for $470 Million, Plans $1.4 Billion 2026 Investment
Centrica plc agreed to buy the Severn combined‑cycle gas turbine power station in South Wales for about £370 million ($470 m). The utility also announced a £1.1 billion ($1.4 billion) capital spend for 2026, expanding its UK‑Ireland generation fleet to 4 GW.
Clariant Delivers Resilient Performance in Challenging Environment
Clariant reported first‑quarter 2026 sales of CHF 918 million (≈ $1.0 billion), a 2 % decline in local currency, while EBITDA margin slipped to 17.5 % after a 130‑basis‑point drop year‑on‑year. Free‑cash‑flow conversion improved dramatically to 54 % – a 12‑point rise – and the company logged...
Adyen Posts Solid Q1 2026 Results, Announces Talon.One Acquisition as Shares Slip 0.9%
Adyen posted solid first‑quarter earnings and confirmed a deal to buy promotion‑engine Talon.One. The Dutch payments group’s shares fell 0.91% to €948.90 ($1,025) in early trading, reflecting a cautious market reaction despite the upbeat update.
Shake Shack Appoints Veteran Michelle Hook as CFO with $300K Signing Bonus
Shake Shack announced Michelle Hook as its new chief financial officer, effective May 11, 2026, with a $300,000 signing cash bonus and a $625,000 base salary. The hire comes as the burger chain seeks to expand to 1,500 company‑operated locations...
Flex Posts 17% Revenue Rise, Announces Cloud & Power Spin‑Off Ahead of FY27
Flex (NASDAQ:FLEX) posted a 17% year‑over‑year increase in Q4 2026 revenue to $7.5 bn and a 27% jump in adjusted EPS to $0.93. The contract‑manufacturer also announced a spin‑off of its Cloud and Power Infrastructure segment, targeting completion in Q1 2027,...
Century Casinos Inc (CNTY) Q1 2026 Earnings Call Transcript
Century Casinos reported a strong start to 2026, with adjusted EBITDAR of $24.9 million and adjusted EBITDA jumping 80% to $7 million. Revenue and EBITDA grew across all U.S. properties, highlighted by a 285% surge in sports‑betting at Mountaineer and double‑digit iGaming...
Starwood Property Trust Inc (STWD) Q1 2026 Earnings Call Transcript
Starwood Property Trust reported Q1 2026 distributable earnings of $0.42 per share, which would have been $0.49 after adjusting for timing impacts. The firm deployed $12.7 billion in 2025, its second‑largest investing year, expanding commercial lending, infrastructure, and net‑lease platforms. Commercial...
Sylvamo Corp (SLVM) Q1 2026 Earnings Call Transcript
Sylvamo Corp reported a solid 2025 with $448 million adjusted EBITDA (13% margin), $44 million free cash flow and a 12% return on capital, while returning $155 million to shareholders. The company flagged 2026 as a transition year, citing $95 million of one‑time adjusted...
AMC Global Media Inc (AMCX) Q1 2026 Earnings Call Transcript
AMC Networks reported $2.3 billion revenue for 2025 and generated $272 million free cash flow, surpassing its raised outlook. Streaming revenue grew 12% year‑over‑year, becoming the company’s largest domestic revenue source and driving the highest‑ever streaming engagement. The firm reduced gross debt...
Fidelity National Information Services Inc (FIS) Q1 2026 Earnings Call Transcript
Fidelity National Information Services (FIS) posted Q1 2026 adjusted revenue of $2.7 billion, up 6.3% year‑over‑year, and an adjusted EBITDA margin of 41.8%, improving by roughly 200 basis points. Free cash flow conversion surged to 142%, delivering $800 million, while the company...
TOMI Environmental Solutions Inc (TOMZ) Q1 2026 Earnings Call Transcript
H2O America reported Q1 2026 GAAP EPS of $0.49 and adjusted EPS of $0.50, both flat year‑over‑year despite a 15% rise in net income. The company completed a $700 million equity offering, five‑times oversubscribed, to fund capital needs through 2027. It...
Strawberry Fields Reit Inc (STRW) Q1 2026 Earnings Call Transcript
Strawberry Fields REIT (STRW) closed 41 properties worth $145 million in Q1, delivering a 7.5% initial cash yield and extending the weighted average lease term to 19 years. Occupancy climbed to 98.6% and new leases were signed at rents roughly 10%...
Koppers Holdings Inc (KOP) Q1 2026 Earnings Call Transcript
Koppers Holdings reported a record‑high adjusted EBITDA of $256.7 million, delivering a 13.7% margin, while adjusted earnings per share reached $4.07 for the sixth consecutive year. Annual sales slipped 10% to $1.9 billion as all three segments posted lower revenue, but...
Fluor Corp (FLR) Q1 2026 Earnings Call Transcript
Fluor Corp reported $12 billion in new awards for 2025 and completed a $2 billion monetization of its NuScale investment, with additional proceeds expected in early 2026. Share repurchases of $754 million in 2025 and $335 million so far this year cut the float...
Network-1 Technologies Inc (NTIP) Q1 2026 Earnings Call Transcript
Network-1 Technologies reported a 15.3% rise in total consolidated net sales to $22.0 million, driven by a 72.1% surge in ZERUST Oil & Gas sales and solid growth across industrial and bioplastic segments. Joint‑venture revenue jumped 18.6% to $23.5 million,...