It has been about a month since the last earnings report for Textron (TXT) . Shares have added about 12.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Textron due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.Textron Q4 Earnings Miss Estimates, Revenues Increase Y/YTe ...

Here is the fact, the financial sector ( XLF ) is the worst-performing sector YTD, down by over -4%, while the S&P 500 ( SPY ) is up by 1%. Large banks like JP Morgan (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relat ...

US battery company Lyten has finalised the purchase of Northvolt’s battery manufacturing and research assets in Sweden and established an industrial hub at the Skellefteå site. The transaction includes Northvolt Ett and Ett Expansion in Skellefteå, along with Northvolt Labs in Västerås, carrying a combined book value of about $5bn. Together, the facilities comprise 16GWh of existing cell production capacity, more than 160 hectares of land and Europe’s “largest” battery R&D centre. In March, Northvolt f ...

Despite strong results and the accelerating 2026 AI data-center buildout—of which Nvidia remains the primary beneficiary—the stock has been stuck in the mud for months. ...

Merck to lay off around 150 employees at US site amid slump in Gardasil sales | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Merck & Co Inc]FollowFeb 27 (Reuters) - Merck [(MRK.N), opens new tab] will lay off about 150 employees across its fa ...

Real estate brokerage Compass (COMP) and mortgage titan Rocket (RKT) are betting they have the solution to the housing market's crisis. "You have to attack the [home affordability] problem from multiple angles," Rocket CEO Varun Krishna told Yahoo Finance's Opening Bid. "Sellers represent inventory, and we have to unlock more inventory." That's the aim of the three-year partnership with Compass, which seeks to neutralize the pain points of inventory scarcity and high transaction costs. The deal works ...

SHELTON, Conn., Feb. 27, 2026 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced that it will participate in a fireside chat at the 47th Annual Raymond James Institutional Investors Conference in Orlando, FL on Wednesday March 4, 2026, at 8:40 A.M. ET. Rod Little, President and Chief Executive Officer and Francesca Weissman, Chief Financial Officer will be presenting for Edgewell. All interested parties may access a live webcast of these events at www.edgewell.com, under "Investors," ...

GeniTech (Shenji), a unit of Chinese electric vehicle manufacturer Nio, has entered into binding agreements for a 2.25bn yuan $323m investment from a group of local investors. Shenji handles the company’s intelligent-driving chip programme Nio’s English-language release did not name the investors. Chinese media reports, however, have cited Hefei State-Owned Capital Enterprise Investment, Hefei Haiheng, IDG Capital, China Fortune-Tech Capital and Yuanhe Puhua among those involved. In a statement, the a ...

Core Viewpoint - Avnet reported strong second-quarter earnings for fiscal 2026, exceeding estimates and showing significant year-over-year growth in both earnings and revenues [2][3]. Financial Performance - Adjusted earnings per share for Q2 were $1.05, surpassing the Zacks Consensus Estimate by 10.53% and increasing 20.7% year-over-year [2]. - Net sales rose 11.6% year-over-year to $6.32 billion, exceeding the consensus mark by 5.28% [3]. - The Electronic Components segment's revenues increased 10.8% year-over-year to $5.89 billion, outperforming estimates of $5.6 billion [4]. - Farnell sales surged 23.6% year-over-year to $427.1 million, exceeding the estimate of $400.8 million [4]. Regional Performance - Year-over-year sales growth included a 16.9% increase in Asia to $3.17 billion, a 4.9% increase in the Americas to $1.44 billion, and an 8.3% increase in EMEA to $1.71 billion [5]. Operating Income and Margins - Adjusted operating income was $171.7 million, up 7.7% year-over-year [5]. - The operating margin for the Electronic Components segment contracted 20 basis points to 3.2%, while Farnell's margin improved 370 basis points to 4.7% [6]. Balance Sheet and Cash Flow - As of December 27, 2025, cash and cash equivalents were $286.5 million, up from $175.5 million as of September 27, 2025 [7]. - Long-term debt decreased to $2.47 billion from $2.79 billion [7]. - Operating cash flow for Q2 was $208 million, with $28 million paid in dividends [8]. Guidance and Estimates - For Q3 fiscal 2026, Avnet expects revenues between $6.2 billion and $6.5 billion, with non-GAAP earnings projected between $1.20 and $1.30 per share [9]. - Consensus estimates have trended upward, with an 8.72% shift in estimates over the past month [10]. VGM Scores and Outlook - Avnet holds a Growth Score of A and a Value Score of A, indicating strong performance in these areas [11]. - The stock has a Zacks Rank of 3 (Hold), suggesting an expectation of an in-line return in the coming months [12].

Core Viewpoint - Axis Capital reported strong fourth-quarter earnings growth driven by higher net premiums and investment gains, despite increased expenses [2][4]. Financial Performance - The company achieved fourth-quarter operating income of $3.25 per share, exceeding the Zacks Consensus Estimate by 9.4% and reflecting a year-over-year increase of 9.4% [2]. - Total operating revenues reached $1.7 billion, surpassing the Zacks Consensus Estimate by 5.2% and increasing nearly 9% year over year [3]. - Net premiums written rose 13% to $1.4 billion, with a 14% increase in the Insurance segment and 5% growth in the Reinsurance segment [3]. Investment Income and Expenses - Net investment income decreased by 4.5% year over year to $187 million, falling short of the Zacks Consensus Estimate of $198 million [4]. - Total expenses increased by 16.6% year over year to $1.4 billion, driven by higher net losses, acquisition costs, and administrative expenses [4]. Underwriting Performance - Pre-tax catastrophe losses amounted to $30 million, including $17 million from Hurricane Melissa [5]. - Underwriting income increased by 42% year over year to $184 million, with the combined ratio improving to 90.4 from 94.2 a year ago [5]. Segment Results - In the Insurance segment, gross premiums written improved by 11.7% year over year to $1.9 billion, with underwriting income rising 74.2% to $157.6 million [6]. - In the Reinsurance segment, gross premiums written increased by 13% year over year to $310.7 million, while underwriting income decreased by 31.9% to $26.6 million [7]. Full-Year Highlights - For the full year 2025, operating income was reported at $12.92 per share, exceeding the Zacks Consensus Estimate by 1.9% and reflecting a 15.6% year-over-year increase [8]. - Total operating revenues for the year reached $6.5 billion, beating the Zacks Consensus Estimate by 1.2% and increasing by 6.7% year over year [8]. Financial Position - At the end of the fourth quarter, cash and cash equivalents stood at $820.3 million, down 61.7% from the previous year [10]. - Debt was reported at $1.3 billion, a slight increase of 0.1% from the previous year [10]. - Book value per diluted common share increased by 18.3% to $77.20 [10]. Capital Deployment - The company repurchased $888 million of common shares in 2025 and declared a quarterly cash dividend of 44 cents per share, totaling $139 million in annual dividends [11]. Market Outlook - Estimates for Axis Capital have been trending upward, with a consensus estimate shift of 7.92% [12]. - The company holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [14]. Industry Comparison - Axis Capital is part of the Zacks Insurance - Property and Casualty industry, with competitor W.R. Berkley reporting a revenue increase of 5.9% year over year [15].