Alliant Energy (LNT) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2026-02-20 01:10
Core Insights - Alliant Energy reported quarterly earnings of $0.6 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, but down from $0.7 per share a year ago, resulting in an earnings surprise of +3.45% [1] - The company achieved revenues of $1.06 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 13.45% and up from $976 million year-over-year [2] - Alliant Energy shares have increased approximately 7% year-to-date, outperforming the S&P 500's gain of 0.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $1.15 billion, and for the current fiscal year, it is $3.43 on revenues of $4.37 billion [7] - The estimate revisions trend for Alliant Energy was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Utility - Electric Power industry is currently ranked in the top 36% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Algonquin Power & Utilities, is expected to report a quarterly earnings decline of -33.3% with revenues projected at $568.72 million, down 2.8% from the previous year [9][10]
Trump and Prabowo Sign Historic “Golden Age” Alliance as Japan’s Factory Activity Hits Four-Year High
Stock Market News· 2026-02-20 01:08
Key Takeaways Economists suggest that the BSP may have limited room for further interest rate cuts if food prices and currency weakness persist. Current projections suggest a final 25-basis-point cut could occur in the first quarter of 2026, bringing the terminal policy rate to 4.25%. However, Remolona's comments suggest a cautious approach, prioritizing price stability over aggressive easing to support stalling growth. U.S. and Indonesia Forge "Golden Age" Alliance with Major Trade Pact President Donald Tr ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hub Group, Inc. - HUBG
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Hub Group, Inc. following the announcement of a financial restatement due to accounting errors [1] Financial Impact - Hub Group announced it would restate its financial statements for the first three quarters of 2025, resulting in a total reduction of $77 million in accounts payable and purchased transportation costs [1] - The company has delayed its full earnings release and is assessing the potential impact on its financial statements for 2023 and 2024, suggesting that the accounting errors may extend beyond 2025 [1] Stock Market Reaction - Following the announcement of the financial restatement, Hub Group's stock price fell by $9.37 per share, or 18.25%, closing at $41.96 per share on February 6, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ralliant Corporation - RAL
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz Law Firm is investigating claims on behalf of investors of Ralliant Corporation regarding potential securities fraud or unlawful business practices following a significant financial impairment announcement [1] Financial Results - On February 4, 2026, Ralliant reported a $1.4 billion non-cash goodwill impairment in its Test & Measurement segment, linked to its acquisition of EA Elektro-Automatik [1] - The impairment was attributed to revised long-term expectations for the EA business and a reduction in industry forecasts for future electric vehicle (EV) adoption [1] Stock Market Reaction - Following the announcement of the impairment, Ralliant's stock price dropped by $17.89 per share, representing a decline of 31.79%, closing at $38.39 per share on February 5, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ostin Technology Group Co., Ltd. of Class Action Lawsuit and Upcoming Deadlines - OST
Prnewswire· 2026-02-20 01:06
Core Viewpoint - A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. for alleged securities fraud, resulting in significant investor losses exceeding $950 million in market capitalization [1]. Group 1: Lawsuit Details - The class action lawsuit concerns whether Ostin and certain officers and/or directors engaged in unlawful business practices [1]. - Investors have until April 17, 2026, to request to be appointed as Lead Plaintiff if they purchased Ostin securities during the Class Period [1]. Group 2: Allegations and Financial Impact - The complaint alleges that from around December 2024, Ostin and its co-conspirators engaged in a securities fraud scheme that inflated the company's market capitalization from approximately $22 million to over $1 billion [1]. - On June 26, 2025, Ostin investors faced substantial losses as the stock price fell from an intraday high of $9.40 to a closing price of $0.55, resulting in a loss of over 94% of the company's market capitalization in a single day [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Gemini Space Station, Inc. - GEMI
Prnewswire· 2026-02-20 01:06
Core Viewpoint - Pomerantz Law Firm is investigating potential securities fraud and unlawful business practices involving Gemini Space Station, Inc. following the departure of key executives and a significant drop in stock price [1] Group 1: Company Overview - Gemini Space Station, Inc. (NASDAQ: GEMI) conducted its initial public offering on September 12, 2025, selling 15,937,501 shares of Class A common stock at a price of $28.00 per share [1] - The company announced the departure of Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen, and Chief Legal Officer Tyler Meade, effective February 17, 2026 [1] Group 2: Stock Performance - Following the announcement of executive departures, Gemini's stock price fell by $0.975 per share, representing a decline of 12.9%, closing at $6.585 per share on February 17, 2026 [1] Group 3: Legal Investigation - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, and is currently investigating claims on behalf of Gemini's investors [1] - The firm has a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [1]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in PayPal Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - PYPL
Prnewswire· 2026-02-20 01:06
Core Insights - A class action lawsuit has been filed against PayPal Holdings, Inc. for alleged securities fraud and unlawful business practices [1] - PayPal reported disappointing financial results for Q4 and the full fiscal year 2025, leading to a withdrawal of its 2027 financial targets [1] - The company attributed its poor performance to macroeconomic factors, competition, and operational issues [1] Financial Performance - PayPal's Q4 and full fiscal year 2025 earnings results were disappointing, particularly in Branded Checkout [1] - The company has lowered its financial guidance, indicating a slowdown compared to previous targets [1] Leadership Changes - Alex Chriss has departed as the Chief Executive Officer of PayPal [1] Legal Context - Investors who suffered losses are encouraged to contact Pomerantz LLP to potentially become Lead Plaintiffs in the class action [1] - The deadline for investors to join the class action is April 20, 2026 [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Franklin BSP Realty Trust, Inc. - FBRT
Prnewswire· 2026-02-20 01:06
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Franklin BSP Realty Trust, Inc. - FBRT [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Franklin BSP Realty Trust, Inc. ("Franklin" or the "Company") (NYSE: FBRT). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether Franklin and certain of its offi ...
Bimergen Energy Corporation Announces Pricing of Public Offering and NYSE American Listing
Globenewswire· 2026-02-20 01:05
Newport Beach, CA, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bimergen Energy Corporation (“Bimergen” or the “Company”) (NYSE American: BESS, BESSWS), a utility-scale battery energy storage systems (BESS) asset owner, project developer, and independent power provider, today announced the pricing of an underwritten public offering of common stock (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof) and one accompanying warrant per common stock or Pre-Funded Warrant, at a public offering price of $4.00, fo ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KDDI Corporation - KDDIY
Prnewswire· 2026-02-20 01:04
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KDDI Corporation - KDDIY [Accessibility Statement] Skip NavigationNEW YORK, Feb. 19, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of KDDI Corporation ("KDDI" or the "Company") (OTCMKTS: KDDIY). Such investors are advised to contact Danielle Peyton at [[email protected]] or 646-581-9980, ext. 7980.The investigation concerns whether KDDI and certain of its officers and/or directors have engage ...