Today's Stock Investing Pulse
Devon Energy’s $8B Marcellus Asset Offer Signals Aggressive Growth Post-Merger
Devon Energy completed its merger with Coterra, creating a larger diversified oil and gas operator. Stone Ridge Asset Management has signaled an $8 billion opening offer for Devon’s Marcellus assets, and the combined company expects to lift its dividend by roughly 30%.
Industrial Logistics Properties Trust (ILPT) Q1 2026 Earnings Call Transcript
Industrial Logistics Properties Trust (ILPT) reported a stable portfolio with 94.4% occupancy and a 7‑year weighted average lease term, while highlighting strong rent‑growth from new and renewal leases that added $8.2 million of annualized revenue. Two sizable vacancies in Hawaii and Indianapolis reduced occupancy by 4.6% and cut quarterly rental revenue by $1.8 million, but management expects to fill them in 2025. The REIT leveraged new interest‑rate caps on its $1.2 billion and $1.4 billion floating‑rate loans, lowering projected Q1 2025 interest expense to roughly $70 million. Normalized FFO is guided between $0.16 and $0.18 per share for the first quarter, reflecting the combined impact of lease‑rate gains and lower financing costs.
Avnet Inc (AVT) Q3 2026 Earnings Call Transcript
Avnet reported third‑quarter fiscal 2025 revenue of $5.3 billion, a 6% decline year‑over‑year but at the high end of its guidance, driven by strong performance in Asia and its Farnell segment. Adjusted diluted EPS came in at $0.84, beating the top...
Blackstone Mortgage Trust Inc (BXMT) Q1 2026 Earnings Call Transcript
Blackstone Mortgage Trust posted GAAP net income of $0.24 per share and distributable earnings before charge‑offs of $0.51 per share, comfortably covering its $0.47 dividend for the second straight quarter. The loan portfolio is 99% performing after resolving $575 million of...
Acadia Healthcare Company Inc (ACHC) Q1 2026 Earnings Call Transcript
Acadia Healthcare reported Q3 2025 revenue of $851.6 million, a 4.4% year‑over‑year increase, but adjusted EBITDA slipped to $173 million, $5 million below internal forecasts. The company lowered its full‑year outlook, trimming revenue to $3.28‑$3.30 billion and adjusted EBITDA to $650‑$660 million....
Climb Global Solutions Inc (CLMB) Q1 2026 Earnings Call Transcript
Climb Global Solutions reported $625.4 million gross billings for Q1 2026, a modest 3% increase driven primarily by its Distribution segment. Net sales surged 20% to $193.8 million, while adjusted EBITDA fell to $13 million due to a prior‑year high‑margin transaction. The company...
Stanley Black & Decker Inc (SWK) Q1 2026 Earnings Call Transcript
Stanley Black & Decker reported full‑year revenue of $15.1 billion, a modest 1% organic decline, while expanding adjusted gross margin by 70 basis points to 30.7% and adjusted EBITDA margin to 12.1%. The company completed a $2.1 billion run‑rate cost‑reduction program, generating...
MGIC Investment Corp (MTG) Q1 2026 Earnings Call Transcript
MGIC Investment Corp reported Q1 2026 net income of $169 million, delivering a 13% annualized return on equity, while full‑year earnings reached $738 million with a 14.3% ROE. Book value per share climbed 13% to $23.47 and insurance in force topped $303 billion,...
Constellium SE (CSTM) Q1 2026 Earnings Call Transcript
Constellium SE reported a strong Q4 2025 turnaround, posting $113 million net income versus a $47 million loss a year earlier. Revenue rose 28% to $2.2 billion, driven by an 11% shipment increase and higher revenue per tonne. Adjusted EBITDA hit a record...
Entergy Corp (ETR) Q1 2026 Earnings Call Transcript
Entergy Corp reported adjusted earnings per share of $3.91 for Q1 2026, comfortably within its guidance range, and reaffirmed an annual EPS growth target of over 8% through 2029. Retail sales rose 4% while industrial sales jumped 7%, underpinning an...
Tenable Holdings Inc (TENB) Q1 2026 Earnings Call Transcript
Tenable Holdings reported Q4 2025 results with revenue of $260.5 million, a 10.5% year‑over‑year increase, and a record 46% of new business coming from its Tenable One platform. The company added 502 enterprise customers, lifted non‑GAAP operating margin to 24.4%, and...
NWPX Infrastructure Inc (NWPX) Q1 2026 Earnings Call Transcript
NWPX Infrastructure posted record 2025 results, with net sales reaching $526 million, a 6.8% increase year‑over‑year, and free cash flow of $47.1 million surpassing forecasts. Both the Water Transmission Systems (WTS) and Precast segments delivered higher margins, driven by price hikes and...
NCS Multistage Holdings Inc (NCSM) Q1 2026 Earnings Call Transcript
NCS Multistage Holdings reported a 13% revenue increase to $183.6 million in 2025, with adjusted EBITDA rising 20% to $26.7 million and a 14.5% margin. Free cash flow after non‑controlling interest hit $18.9 million, converting over 70% of adjusted EBITDA, while total liquidity...
Lithia Motors Inc (LAD) Q1 2026 Earnings Call Transcript
Lithia Motors reported a record $9.2 billion revenue for Q1 2026, lifting full‑year sales to $37.6 billion, a 4% increase. Adjusted diluted EPS grew 16% to $33.46, while same‑store revenues were flat and vehicle gross profit per unit fell $258 amid industry...
FTAI Aviation Ltd (FTAI) Q1 2026 Earnings Call Transcript
FTAI Aviation reported a strong Q1 2026 earnings call, highlighting a $2 billion equity raise for SCI I and the upcoming launch of SCI II, which together target $6 billion of capital for mid‑life narrow‑body aircraft. Aerospace Products posted Q4 adjusted EBITDA of $195 million,...
Plexus Corp (PLXS) Q2 2026 Earnings Call Transcript
Plexus Corp reported a record $852 million Q1 2020 revenue, up 11% year‑over‑year and 5% sequentially, beating the top end of its guidance. GAAP EPS reached $1.03 and non‑GAAP EPS $1.00, both above expectations, while operating margin hit 4.7% at the midpoint...
EMCOR Group Inc (EME) Q1 2026 Earnings Call Transcript
EMCOR Group reported a record $4.5 billion quarterly revenue, up 19.7% year‑over‑year, and a full‑year revenue of $16.99 billion, the highest in its history. Adjusted diluted EPS rose 13.8% to $7.19 for the quarter and 20% to $25.87 for the year, while...
PROG Holdings Inc (PRG) Q1 2026 Earnings Call Transcript
PROG Holdings reported fiscal 2025 results highlighting a 12.1% rise in consolidated GMV, driven primarily by For Technologies’ 144% growth to $730 million. Progressive Leasing volume fell 8.6% after the Big Lots bankruptcy and tighter underwriting, but margin expansion lifted gross margin...
Cheesecake Factory Inc (CAKE) Q1 2026 Earnings Call Transcript
The Cheesecake Factory reported Q1 fiscal 2026 revenue of $978.8 million, surpassing its guidance, with adjusted diluted EPS of $1.05 and a 5.2% adjusted net‑income margin. Comparable sales rose 1.6% at the flagship concept while fast‑casual brand Flower Child posted...
AerCap Holdings NV (AER) Q1 2026 Earnings Call Transcript
AerCap Holdings reported record 2025 results with GAAP net income of $3.8 billion and adjusted net income of $2.7 billion, boosted by $1.5 billion in insurance recoveries from the Ukraine conflict. Total revenue reached $8.5 billion and operating cash flow hit $5.4 billion, while the...
Tradeweb Markets Inc (TW) Q1 2026 Earnings Call Transcript
Tradeweb Markets reported record quarterly revenue of $513 million, a 26.7% year‑over‑year increase, driven by strong international growth and double‑digit gains across rates, credit, equities, and swaps. Adjusted EBITDA margin expanded to 54.2%, up 70 basis points, while cash balances...
Wyndham Hotels & Resorts Inc (WH) Q1 2026 Earnings Call Transcript
Wyndham Hotels & Resorts reported a 4% net room growth in 2025, adding a record 72,000 rooms and expanding its development pipeline to nearly 260,000 rooms. Adjusted EBITDA rose 4% to $718 million and adjusted diluted EPS increased 6% to $4.58,...
General Dynamics Corp (GD) Q1 2026 Earnings Call Transcript
General Dynamics reported Q1 2024 revenue of $10.7 billion, up 8.6% year‑over‑year, and earnings of $2.88 per diluted share, a 9.1% increase. Operating margin improved to 9.7% despite missing G700 delivery targets because FAA certification arrived late in the quarter. The...
Qualcomm Inc (QCOM) Q2 2026 Earnings Call Transcript
Qualcomm reported Q2 fiscal 2026 revenue of $10.6 billion, delivering non‑GAAP EPS of $2.65 at the top of its guidance. The QCT segment generated $9.1 billion, highlighted by a record $1.3 billion automotive revenue and a 9% rise in IoT sales. QTL posted...
EBay Inc (EBAY) Q1 2026 Earnings Call Transcript
eBay reported Q1 2026 GMV of $21.2 billion, up 8% on an FX‑neutral basis, driven by a 19% surge in U.S. sales while international volumes slipped slightly. Revenue rose 13% to $2.96 billion, bolstered by advertising that generated $544 million, and non‑GAAP operating...
Impinj Inc (PI) Q1 2026 Earnings Call Transcript
Impinj reported Q4 2025 revenue of $92.8 million, a modest 3% sequential decline but a 1% year‑over‑year increase, and posted a record cash balance of $279.1 million. Adjusted EBITDA reached $16.4 million for the quarter, contributing to a full‑year record of $69.6 million and...
Mattel Inc (MAT) Q1 2026 Earnings Call Transcript
Mattel reported Q1 2026 net sales of $862 million, a 4% year‑over‑year increase, while adjusted gross margin slipped 450 basis points to 45.1% due to tariffs, FX and inflation. Vehicles and challenger categories, led by Hot Wheels and UNO, posted double‑digit...
Pulmonx Corp (LUNG) Q1 2026 Earnings Call Transcript
Pulmonx Corp reported Q1 2026 results showing a 5% decline in quarterly worldwide revenue to $22.6 million, while full‑year 2025 revenue rose 8% to $90.5 million. The company cut operating expenses by over 10% and refinanced debt with a new $60 million, five‑year...
Meta Platforms Inc (META) Q1 2026 Earnings Call Transcript
Meta Platforms reported Q1 2026 revenue of $56.3 billion, a 33% year‑over‑year increase driven by a 33% rise in family‑of‑apps ad revenue. Daily Active People reached 3.5 billion, though a slight sequential dip reflected internet disruptions in Iran and Russia. The company...
Landmark Bancorp Inc (LARK) Q1 2026 Earnings Call Transcript
Landmark Bancorp reported Q4 2025 results on Jan. 29, 2026, delivering net income of $4.7 million and diluted earnings per share of $0.77. Tangible book value rose 24% year‑over‑year to $20.79 per share, while revenue grew 17% and net interest margin...
Benchmark Electronics Inc (BHE) Q1 2026 Earnings Call Transcript
Benchmark Electronics posted Q1 2026 revenue of $677 million, a 7% year‑over‑year increase, and non‑GAAP EPS of $0.58, both at the top of guidance. Growth was driven by strong performance in Medical (+24% YoY), Advanced Computing & Communications (+41% YoY) and...
Delek US Holdings Inc (DK) Q1 2026 Earnings Call Transcript
Delek US Holdings reported a GAAP net loss of $106 million ($1.76 per share) and an adjusted loss of $33 million ($0.56 per share) for Q1 2026, while adjusted EBITDA climbed to $170.2 million on stronger refining margins. The company posted record system‑wide refinery...
Cousins Properties Inc (CUZ) Q1 2026 Earnings Call Transcript
Cousins Properties reported Q1 2026 FFO of $0.69 per share and lifted its full‑year midpoint guidance to $2.84, reflecting 5.6% growth. Leasing activity surged to 551,000 square feet, a 65% sequential jump, while the Dallas "Link" acquisition added 808,000 square...
Murphy USA Inc (MUSA) Q1 2026 Earnings Call Transcript
Murphy USA reported a mixed Q1 2026, with same‑store fuel gallons falling 4.2% largely because of calendar effects and severe storms. Retail fuel margins improved by $0.02 per gallon, while nicotine contribution margin rose 2.8% and reduced‑risk nicotine sales grew...
Daqo New Energy Corp (DQ) Q1 2026 Earnings Call Transcript
Daqo New Energy Corp reported a full‑year turnaround in 2025, posting positive EBITDA of $1.7 million and generating $66.1 million of operating cash flow after a $435 million outflow the prior year. Revenue fell to $665 million as polysilicon ASP declined 7.2%, but the...
Bunge Global Ltd (BG) Q1 2026 Earnings Call Transcript
Bunge Global reported adjusted EPS of $1.99 for Q4 2025, down from $2.13 a year earlier, while adjusted segment EBIT rose to $756 million, a $210 million increase. The company highlighted $190 million of realized synergies from the Viterra integration, targeting a $220 million...
MGP Ingredients Inc (MGPI) Q1 2026 Earnings Call Transcript
MGP Ingredients reported Q1 2026 sales of $138 million, a 23% decline year‑over‑year, and full‑year 2025 sales of $536 million, with adjusted EBITDA falling 51% to $26 million and EPS down 60%. Operating cash flow rose 19% to $122 million, but a $153 million goodwill...
Clarivate PLC (CLVT) Q1 2026 Earnings Call Transcript
Clarivate reported full‑year 2025 revenue of $2.455 billion, a figure shaped entirely by inorganic divestitures as organic revenue remained flat. The company achieved nearly 2% organic ACV growth and lifted its recurring revenue mix to 88%, while retaining a 93% customer...
Empire State Realty Trust Inc (ESRT) Q1 2026 Earnings Call Transcript
Empire State Realty Trust reported Q3 2025 results highlighting a core FFO of $0.23 per diluted share and sequential improvements in leasing activity. Manhattan office occupancy rose to 90.3%, marking the eleventh straight quarter above the 90% threshold, while the portfolio...
SBA Communications Corp (SBAC) Q1 2026 Earnings Call Transcript
SBA Communications reported Q1 2026 AFFO of $3.19 per share and raised its quarterly dividend 13% to $1.25, reflecting strong leasing activity and disciplined capital allocation. Domestic lease additions added roughly $10 million, while service revenue grew 13% year‑over‑year. The company...
Tyler Technologies Inc (TYL) Q1 2026 Earnings Call Transcript
Tyler Technologies reported Q1 2026 revenue of $575.2 million, a 6.3% year‑over‑year increase, propelled by SaaS growth of 20.2% and transaction revenue up 12%. The quarter produced a record free cash flow margin of 41% and $236.9 million in free cash...
Avantor Inc (AVTR) Q1 2026 Earnings Call Transcript
Avantor reported Q1 2026 revenue of $1.62 billion, a 5% organic decline, and posted adjusted EPS of $0.22. The quarter featured a $785 million non‑cash goodwill impairment in its lab distribution business and an adjusted EBITDA margin of 16.5%, beating internal forecasts....
Service Corporation International (SCI) Q1 2026 Earnings Call Transcript
Service Corporation International reported adjusted earnings per share of $1.14 for Q1 2026, an 8% increase quarter‑over‑quarter and 9% year‑over‑year. Preneed sales surged, with funeral production up 11% and cemetery production up 2%, while SCI Direct completed its shift to...
MYR Group Inc (MYRG) Q1 2026 Earnings Call Transcript
MYR Group reported record 2025 results, delivering $3.7 billion in annual revenue and a 17% jump in fourth‑quarter sales to $974 million. Gross margins improved to 11.4% and operating cash flow surged to $115 million, driven by higher fixed‑price contracts and better collections....
Smith Micro Software Inc (SMSI) Q1 2026 Earnings Call Transcript
Smith Micro reported Q1 2022 revenue of $12.7 million, a 12% year‑over‑year increase driven by a 64% jump in family‑safety sales after the Avast acquisition. However, legacy CommSuite revenue fell 35% as Sprint subscribers migrated to T‑Mobile, pulling overall gross...
Invitation Homes Inc (INVH) Q1 2026 Earnings Call Transcript
Invitation Homes reported 2.3% same‑store NOI growth for 2025, driven by modest revenue expansion and high occupancy of 96.8%. The company completed its ResiBuilt acquisition, giving it in‑house build‑to‑rent capabilities while keeping near‑term activity fee‑based. Liquidity remains strong at $1.7 billion,...
AbbVie Inc (ABBV) Q1 2026 Earnings Call Transcript
AbbVie reported Q1 2024 revenue of $12.3 billion and adjusted earnings per share of $2.31, both topping internal forecasts. The company highlighted more than 15% growth from its post‑Humira portfolio, driven by double‑digit gains in Skyrizi, Rinvoq, Venclexta and other assets....
Antero Resources Corp (AR) Q1 2026 Earnings Call Transcript
Antero Resources reported over $750 million of free cash flow in 2025, enabling a $300 million debt reduction, $136 million of share repurchases and $250 million of accretive acquisitions. The company closed the HG Energy acquisition ahead of schedule, adding 385,000 net acres and...
Adamas Trust Inc (ADAM) Q1 2026 Earnings Call Transcript
Adamas Trust reported a $3.1 billion expansion of its investment portfolio in 2025, pushing Agency RMBS to 63% of assets and targeting 60‑70% of equity capital through 2026. Earnings available for distribution rose 44% year‑over‑year to $0.23 per share, fully covering...
Everspin Technologies Inc (MRAM) Q1 2026 Earnings Call Transcript
Everspin Technologies reported Q1 2026 revenue of $14.9 million, a 14% year‑over‑year increase, driven by a 28% rise in MRAM product sales. The company secured a new two‑and‑a‑half‑year, $40 million subcontract with a U.S. prime defense contractor to provide Toggle MRAM technology....
Hanover Insurance Group Inc (THG) Q1 2026 Earnings Call Transcript
Hanover Insurance reported operating income of $3.50 per diluted share, delivering a 14.4% operating return on equity. The ex‑catastrophe combined ratio improved to 88.3%, the best in several years, while catastrophe losses were limited to roughly €40 million from Hurricane Helene....