Today's Finance Pulse
SpaceX’s record‑breaking IPO targets $75 billion raise, pushes valuation past $1.7 trillion
SpaceX filed for an IPO that could raise at least $50 billion and value the company above $1 trillion. The June 12 offering priced shares at $135, raising $75 billion and valuing the rocket maker at roughly $1.77 trillion. Analysts say the float highlights strong investor appetite for AI‑linked aerospace assets.
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NewtekOne Inc (NEWT) Q1 2026 Earnings Call Transcript
NewtekOne reported Q1 2026 earnings with net income before taxes of $80 million, a 16.4% rise, and total revenue of $284 million, up 10.6% year‑over‑year. Diluted EPS surged 1,211% to $2.18, and the company raised its 2026 EPS guidance to $2.35 while tangible book value climbed to $12.19 per share. Deposit activity accelerated, adding 9,000 new accounts for a total of 34,000, and business deposits grew $34 million in the quarter. The Alternative Loan Program securitization was 10‑times oversubscribed, signaling strong investor appetite for its long‑amortizing C&I loans.
Southern Co (SO) Q1 2026 Earnings Call Transcript
Southern Company raised its five‑year base capital plan by $13 billion to $76 billion, driven by $12 billion of state‑regulated generation projects and an $800 million wind‑repowering program. A settlement in Georgia extended the 2022 alternate rate plan, eliminating a 2025 base‑rate case and...
Acadian Asset Management Inc (AAMI) Q1 2026 Earnings Call Transcript
Acadian Asset Management reported a record $177.5 billion in assets under management, a 52% jump from the prior year, driven by strong net client cash flows and robust management fee growth. While US GAAP net income and EPS fell due to...
Emergent BioSolutions Inc (EBS) Q1 2026 Earnings Call Transcript
Emergent BioSolutions reported Q1 2024 revenue of $300 million, an 83 % year‑over‑year increase driven by strong NARCAN and medical‑countermeasure sales. Adjusted EBITDA turned positive to $67 million and adjusted net income to $31 million, reversing last year’s losses. The company secured a new...
Healthcare Realty Trust Inc (HR) Q1 2026 Earnings Call Transcript
Healthcare Realty Trust reported normalized FFO of $1.61 per share and same‑store NOI growth of 4.8% for 2025, both exceeding guidance. The REIT executed 5.8 million square feet of leasing, improved tenant retention to 82%, and raised cash leasing spreads. Asset...
AMETEK Inc (AME) Q1 2026 Earnings Call Transcript
AMETEK reported record fourth‑quarter results, posting $2 billion in sales, a 13% year‑over‑year increase, and a historic backlog of $3.58 billion. Operating income rose to $523 million, driving operating margins to 26.2% (core 27.6%) and EBITDA to $618 million with a 30.9% margin. Free...
NNN REIT Inc (NNN) Q1 2026 Earnings Call Transcript
NNN REIT reported a record $900 million in acquisitions for 2025, the highest in its history, while delivering 2.7% growth in AFFO per share to $3.44. Occupancy improved to 98.3% and the quarterly dividend rose 3.4% to $0.60, yielding 5.5%...
Boston Beer Company Inc (SAM) Q1 2026 Earnings Call Transcript
Boston Beer reported 2025 depletions down 4% and revenue falling 2.4%, yet EPS rose 4.7% to $9.89 and gross margin expanded 410 basis points to 48.5%. Free cash flow hit $216 million and the company repurchased $200 million of shares. Management forecast...
OneSpan Inc (OSPN) Q1 2026 Earnings Call Transcript
OneSpan reported Q2 2025 results showing a modest 2% revenue decline to $59.8 million, offset by strong subscription growth and higher profitability. Annual recurring revenue rose 8% to $178 million, boosted by the $8 million contribution from the recent Nok Labs acquisition. Adjusted EBITDA...
First National Corp (FXNC) Q1 2026 Earnings Call Transcript
Simmons First National Corp reported 10% annualized loan growth in Q1 2026, crediting mature internal capabilities and favorable market timing. Consumer deposits rose 2‑3% quarter‑over‑quarter, supporting a 3‑basis‑point lift in net interest margin and a guidance target of mid‑3.80% by...
Upbound Group Inc (UPBD) Q1 2026 Earnings Call Transcript
Upbound Group reported its highest ever annual revenue of $4.7 billion, an 8.7% increase, and record free cash flow of $180 million. The Bridget acquisition contributed strong momentum, adding 1.6 million paid subscribers and delivering $64.6 million in Q4 revenue. Adjusted EBITDA reached $510 million,...
Mechanics Bank (MCHB) Q1 2026 Earnings Call Transcript
Mechanics Bank (MCHB) reported a strong Q1 2026, posting a 15.6% return on average tangible common equity and $235 million of loan growth, bringing its loan pipeline above $1.2 billion. Deposits rose 5% ($363 million), outpacing loan expansion and driving a 15‑basis‑point decline...
Stagwell Inc (STGW) Q1 2026 Earnings Call Transcript
Stagwell reported $711 million in revenue for the quarter, a 15% year‑over‑year increase, and net revenue of $580 million, up 8.5% with an adjusted EBITDA of $111 million representing a 19.2% margin. The company set a record $101 million in net new business, pushing...
Entegris Inc (ENTG) Q1 2026 Earnings Call Transcript
Entegris reported Q4 2025 revenue of $824 million, a 3% year‑over‑year decline but a 2% sequential increase, with gross margin and adjusted EBITDA margin at the high end of guidance. Free cash flow rose to $404 million, delivering a 12.7% margin—about 300...
ATI Inc (ATI) Q1 2026 Earnings Call Transcript
Aluminum Corp. (ATI) posted its strongest full‑year revenue since 2012, reaching $4.6 billion and delivering a 5% year‑over‑year increase driven by aerospace and defense demand. Adjusted EBITDA rose 18% to $859 million, with a 19.7% margin—up 180 basis points—highlighting successful margin expansion....
Offerpad Solutions Inc (OPAD) Q1 2026 Earnings Call Transcript
Offerpad Solutions posted Q1 2026 revenue of $80 million from 263 transactions, staying within its $70‑95 million guidance. Gross margin improved to 6.9 percent, and operating expenses fell to $12.2 million, down from $16.7 million a year earlier. Adjusted EBITDA loss narrowed to $6.7 million, reflecting...
Baxter International Inc (BAX) Q1 2026 Earnings Call Transcript
Baxter International reported $3.0 billion in global sales for the quarter, an 8% reported increase and 3% operational growth, while adjusted earnings per share fell to $0.44, missing internal expectations. Margin pressure stemmed from an unfavorable product mix, higher supply costs...
Pro-Dex Inc (PDEX) Q3 2026 Earnings Call Transcript
Becton Dickinson reported Q3 fiscal 2025 revenue of $5.5 billion, up 8.5% year‑over‑year and 3% organically, while adjusted gross margin rose to 54.8% and adjusted EPS reached $3.68, beating expectations. The company announced a definitive agreement to divest its Biosciences and...
Textron Inc (TXT) Q1 2026 Earnings Call Transcript
Textron reported a strong Q1 2026 with revenue of $3.7 billion, up 12% year‑over‑year, and adjusted EPS of $1.45, a 13% increase. Segment profit rose 10% to $320 million, driven by growth across its aviation, Bell and systems businesses. The company announced...
Acres Commercial Realty Corp (ACR) Q1 2026 Earnings Call Transcript
Acres Commercial Realty Corp reported a $1 billion CRE securitization that lifted GAAP leverage to 3.4 times and expanded its loan portfolio by $374.4 million to $2.2 billion across 60 assets. Book value per share rose to $29.98, a 66 % increase since 2020, while...
Amgen Inc (AMGN) Q1 2026 Earnings Call Transcript
Amgen reported first‑quarter 2026 sales of $5.6 billion, a 4% year‑over‑year increase, driven by six high‑growth products that contributed 70% of total revenue. Repatha, Evenity, Test Buyer, TEPEZZA and the rare‑disease portfolio posted double‑digit growth, while legacy brands Prolia and XGEVA...
Aptargroup Inc (ATR) Q1 2026 Earnings Call Transcript
AptarGroup reported Q2 2026 adjusted earnings per share of $1.66, an 18% year‑over‑year increase, driven by growth across pharma, closures and beauty segments. Core sales rose 3% while reported sales grew 6% aided by a 3% foreign‑currency tailwind. The company...
Ensign Group Inc (ENSG) Q1 2026 Earnings Call Transcript
The Ensign Group lifted its 2025 adjusted EPS guidance to $6.34‑$6.46 per share and raised revenue expectations to $4.99‑$5.02 billion, reflecting stronger‑than‑expected occupancy, skilled‑mix growth, and disciplined acquisition integration. The company added eight new operations and three real‑estate assets in Q2,...
LKQ Corp (LKQ) Q1 2026 Earnings Call Transcript
LKQ Corp reported Q1 2026 revenue of $3.3 billion, a 2.7% year‑over‑year increase, while diluted EPS fell to $0.29 due to a $52 million goodwill impairment in its Specialty segment. Adjusted diluted EPS was $0.59, and free cash flow reached $847 million for...
Select Medical Holdings Corp (SEM) Q1 2026 Earnings Call Transcript
Select Medical reported Q4 2025 revenue growth of over 6% while adjusted EBITDA fell 10% to $104.7 million, driven by an unexpected $15 million health‑insurance expense and $6 million variable discounts in outpatient rehab. The Board is evaluating a nonbinding take‑private proposal...
Exponent Inc (EXPO) Q1 2026 Earnings Call Transcript
Exponent Inc. posted a strong first‑quarter 2026, with total revenues climbing 14% to $166.3 million and EBITDA rising 15% to $43.1 million, lifting the margin to 28.4% of net revenues. Billable hours increased 6% and utilization improved to 76%, reflecting higher demand...
Escalade Inc (ESCA) Q1 2026 Earnings Call Transcript
Escalade Inc. (ESCA) posted first‑quarter 2026 diluted earnings of $1.30 per share, marginally down from the prior quarter and flat year‑over‑year. Net interest income held steady at $166 million, with the net interest margin expanding two basis points to 4.28%. The...
Tenet Healthcare Corp (THC) Q1 2026 Earnings Call Transcript
Tenet Healthcare reported Q1 2026 net operating revenues of $5.4 billion and adjusted EBITDA of $1.16 billion, delivering a 21.6% margin. USPI generated $484 million in adjusted EBITDA, up 6% year‑over‑year, while the Hospital segment contributed $678 million with a 16.7% margin. Free cash...
ABF-Deal-Digest:-Chicago-Atlantic-in-NAV-Backed-Deal-While-GB-Bank-Supports-4Syte
Chicago Atlantic announced a NAV‑backed financing structure aimed at raising up to $1 billion for a new emerging‑markets fund, marking its first foray into that region. The deal leverages asset‑backed securitisation to convert the fund’s net asset value into liquidity for...
Cigna Group (CI) Q1 2026 Earnings Call Transcript
Cigna reported full‑year adjusted revenue of $275 billion, an 11% increase, and adjusted earnings per share of $29.84, up 9% year over year. Specialty and care services drove a 14% revenue jump to $26.7 billion, while specialty script volume grew 13%. The...
APi Group Corp (APG) Q1 2026 Earnings Call Transcript
APi Group reported Q1 2026 net revenue of $2.12 billion, a 13.8% year‑over‑year increase driven by 11.1% organic growth in its inspection, service and monitoring (ISM) businesses. Adjusted EBITDA rose 21.9% to deliver a 13.9% margin, up 90 basis points, while...
CCC Intelligent Solutions Holdings Inc (CCC) Q1 2026 Earnings Call Transcript
CCC Intelligent Solutions posted a stronger Q1 2026 with adjusted gross margin climbing to 19.7% and community count rising 4% to 316. Home deliveries totaled 2,013, but full‑year delivery guidance was trimmed to 9,500‑10,500 homes amid geopolitical and rate pressures....
Minerals Technologies Inc (MTX) Q1 2026 Earnings Call Transcript
Minerals Technologies reported Q3 2025 revenue of $532 million, a modest 1% increase both sequentially and year‑over‑year, while delivering a record EPS of $1.55 and an operating margin of 14.7%. The company highlighted strong growth in pet care, oil purification...
Southside Bancshares Inc (SBSI) Q1 2026 Earnings Call Transcript
Southside Bancshares reported a 327% jump in Q1 net income to $21 million, driven by the removal of a prior restructuring loss. Net interest margin improved to 2.98% and is expected to expand further after redeeming $93 million of subordinated debt. Credit...
Kymera Therapeutics Inc (KYMR) Q1 2026 Earnings Call Transcript
Kymera Therapeutics reported Q1 2026 revenue of $2.8 million, entirely from its Gilead collaboration, and ended the quarter with $978.7 million in cash, extending its runway into the second half of 2028. The company completed enrollment and dosing for the Phase Ib atopic...
Patrick Industries Inc (PATK) Q1 2026 Earnings Call Transcript
Patrick Industries posted Q1 2026 net sales of $924 million, a 9% year‑over‑year increase, while adjusted EPS reached $0.84 despite $0.06 per share dilution from convertible notes. The company generated $246 million of free cash flow, funded $122 million of acquisitions and...
Air Products and Chemicals Inc (APD) Q2 2026 Earnings Call Transcript
Air Products reported Q2 2026 earnings with EPS of $3.20, a 19% increase, and operating margin rising to 23.7%, up over 200 basis points. Sales grew 9% and return on capital held at 11.4%, while the company returned $800 million to...
CNX Resources Corp (CNX) Q1 2026 Earnings Call Transcript
CNX Resources outlined a front‑loaded 2026 capital plan, allocating roughly 60% of annual CapEx to the first half while maintaining a flat production outlook for the year. The Deep Utica program will complete five laterals at an average cost of...
Organon & Co (OGN) Q1 2026 Earnings Call Transcript
Organon reported flat 2025 revenue of $6.2 billion and adjusted EBITDA of $1.9 billion, both reflecting a 3% decline year‑over‑year. The company highlighted a $390 million net cash inflow from the Jada system divestiture, earmarked for debt reduction to bring net leverage below...
Warrior Met Coal Inc (HCC) Q1 2026 Earnings Call Transcript
Warrior Met Coal reported Q1 2026 results highlighted by the completion of the Blue Creek mine ahead of schedule and without incurring debt, delivering over $1 billion in capital spend. Record sales of 3 million short tons and production of 3.5 million short...
Standex International Corp (SXI) Q3 2026 Earnings Call Transcript
Standex International reported Q3 2025 revenue of $207.8 million, a 17.2% year‑over‑year increase largely fueled by acquisitions that contributed 26.3% of growth. The company posted record adjusted gross margin of 42.3% and adjusted operating margin of 19.4%, reflecting strong pricing...
Merit Medical Systems Inc (MMSI) Q1 2026 Earnings Call Transcript
Merit Medical Systems reported Q1 2021 GAAP revenue of $249 million, a 2.2% year‑over‑year increase, driven mainly by a 4.9% rise in international sales and modest U.S. growth. On a constant‑currency basis the company posted 0.6% revenue growth, surpassing its prior...
Choice Hotels International Inc (CHH) Q1 2026 Earnings Call Transcript
Choice Hotels International reported full‑year adjusted EBITDA of $626 million, a 4% increase, and adjusted EPS of $6.94, both in line with guidance. The company posted strong international growth, with revenue up 37% and its room inventory expanding 13% to roughly...
Cohu Inc (COHU) Q1 2026 Earnings Call Transcript
Cohu Inc. reported a 57% year‑over‑year surge in orders, propelled by AI and high‑performance computing (HPC) demand, and highlighted a $750 million pipeline targeting test handlers and HBM inspection. Non‑GAAP revenue reached $125.1 million with a 46.5% gross margin, while recurring revenue...
Trupanion Inc (TRUP) Q1 2026 Earnings Call Transcript
Trupanion reported Q1 2026 adjusted operating income of $40.2 million, a 29% increase year‑over‑year, driven by strong subscription growth. Total revenue rose 12% to $384 million, with subscription revenue up 16% to $269.5 million, surpassing the high end of guidance....
Xerox Holdings Corp (XRX) Q1 2026 Earnings Call Transcript
Xerox Holdings reported Q1 2026 revenue of $2.03 billion, a 26% increase in actual currency but a 9% decline on a pro‑forma basis after accounting for recent acquisitions. Adjusted operating margin slipped to 5% and free cash flow fell to $184 million,...
Encompass Health Corp (EHC) Q1 2026 Earnings Call Transcript
Encompass Health reported a strong Q1 2019, with consolidated revenue up 7.5% to $1.124 billion and adjusted EBITDA rising 8.8% to $242.9 million, delivering $1.04 earnings per share. The company announced a definitive agreement to acquire Alacare Home Health and Hospice, adding 46...
Forum Energy Technologies Inc (FET) Q1 2026 Earnings Call Transcript
Forum Energy Technologies reported Q1 2026 revenue of $209 million, an 8% year‑over‑year increase driven by offshore and international growth. Adjusted EBITDA rose 14% to $23 million, while adjusted net income surged 300% to $6 million, helped by a favorable tax rate and...
Albany International Corp (AIN) Q1 2026 Earnings Call Transcript
Albany International reported Q1 2020 net sales of $235.8 million, a 6.2% decline year‑over‑year, while gross margin improved to 37.9% and Machine Clothing achieved a record 53% margin. Adjusted EBITDA rose 2.6% to $59.1 million, but net income fell 68.8% to $9.1 million...
Hamilton Insurance Group Ltd (HG) Q1 2026 Earnings Call Transcript
Hamilton Insurance Group reported record Q4 2025 results, posting $577 million net income—a 44% year‑over‑year rise—and a 22% return on average equity. Gross premiums written hit $2.9 billion, up 21%, while the combined ratio improved to 92.9% overall and 87% in the...