Category: Latest News

Strong quarterly performance tops expectations Wabtec Corporation (NYSE:WAB) reported stronger-than-expected second-quarter 2026 results on Wednesday, driven by double-digit revenue growth, higher margins and robust demand across its Freight and Transit businesses. The rail equipment manufacturer posted adjusted earnings per share of $2.76, exceeding the analyst consensus estimate of $2.60. Revenue climbed 17.5% year over year…

Earnings exceed expectations as outlook disappoints investors RPM International Inc. (NYSE:RPM) reported stronger-than-expected fourth-quarter 2026 results on Wednesday, but its fiscal 2027 outlook failed to impress investors, sending shares modestly lower in premarket trading. The specialty coatings and building materials manufacturer posted adjusted earnings per share of $1.89, exceeding the analyst consensus estimate of $1.84.…

Earnings and revenue miss expectations BankUnited Inc. (NYSE:BKU) reported mixed second-quarter 2026 results on Wednesday, with both earnings and revenue coming in below Wall Street expectations despite year-over-year growth and improving balance sheet metrics. The bank posted adjusted earnings per share of $0.97, missing the analyst consensus estimate of $1.01. Revenue totaled $284.57 million, also…

Record quarterly performance drives earnings beat Teledyne Technologies Incorporated (NYSE:TDY) reported better-than-expected second-quarter 2026 results on Wednesday, as record orders, revenue and operating profit helped the company surpass Wall Street forecasts and lift its full-year guidance. The aerospace and defence technology company posted adjusted earnings per share of $6.28, comfortably ahead of the analyst consensus…

Earnings top forecasts despite slight revenue miss CME Group Inc. (NASDAQ:CME) reported second-quarter 2026 results on Wednesday, delivering adjusted earnings that exceeded Wall Street expectations, although revenue came in slightly below analysts’ forecasts. The derivatives exchange operator posted adjusted earnings per share of $2.99, ahead of the consensus estimate of $2.95. Revenue totaled $1.71 billion,…

Strong quarterly results exceed Wall Street forecasts First BanCorp. (NYSE:FBP) reported better-than-expected second-quarter 2026 results on Wednesday, as higher net interest income and continued loan growth helped drive a solid increase in profitability. The bank posted adjusted earnings per share of $0.62, surpassing analysts’ consensus estimate of $0.54 by $0.08. Revenue reached $264.86 million, slightly…

Customer project delay prompts weaker forecast Adtran Holdings (NASDAQ:ADTN) shares dropped 14% on Wednesday after the networking equipment provider lowered its preliminary second-quarter 2026 revenue outlook, citing a delay to a major customer project. The company now expects second-quarter revenue to be between $280.0 million and $282.0 million, below its previous guidance of $283.0 million…

Discounted share sale weighs on stock Dyne Therapeutics, Inc. (NASDAQ:DYN) shares fell 9% on Wednesday after the biotechnology company priced a public offering of common stock expected to raise approximately $375 million. The offering was priced at $20.50 per share, representing a discount of about 14% to Tuesday’s closing price of $23.83, contributing to the…