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Waters raises annual profit forecast as biosciences unit drives growth
May 5 (Reuters) - Lab equipment maker Waters WAT.N raised its annual profit forecast on Tuesday after beating quarterly estimates, driven by robust demand for drug development tools and the strong performance of its biosciences and diagnostics unit, acquired last year.Shares of the company were up 7...Reuters
Tue, May 5
Donnelley Financial Q1 revenue rises 2.2%, slightly beats estimates
OverviewUS compliance software provider's Q1 revenue rose 2.2%, slightly beating analyst expectationsAdjusted EPS for Q1 beat consensus, driven by higher software solutions sales and cost efficienciesCompany repurchased shares and authorized new $150 mln buyback programOutlookCompany sees Q2 net...Reuters
Tue, May 5
PayPal Q1 revenue rises 7%, beats estimates on payment volume growth
OverviewUS payments platform's Q1 revenue rose 7%, beating analyst expectationsAdjusted EPS for Q1 increased 1%, beating analyst expectationsCompany repurchased $1.5 bln of shares in Q1OutlookPayPal reiterates FY26 guidance amid a complex and dynamic operating environmentCompany expects 2Q26 GAA...Reuters
Tue, May 5
WEC Energy beats Q1 revenue estimates
OverviewU.S. utility's Q1 revenue beat analyst expectationsQ1 net income and EPS rose compared to last yrCompany reaffirmed 2026 earnings guidance of $5.51 to $5.61 per shareOutlookWEC Energy reaffirms 2026 EPS guidance of $5.51 to $5.61, assuming normal weatherResult DriversELECTRICITY DELIVERI...Reuters
Tue, May 5
Rockwell Automation Q2 sales beat estimates
OverviewU.S. industrial automation firm's fiscal Q2 sales rose 12%, beating analyst expectationsAdjusted EPS for fiscal Q2 increased 32% to $3.30, beating analyst expectationsCompany repurchased $454 mln of shares during the quarterOutlookRockwell Automation raises fiscal 2026 reported sales gro...Reuters
Tue, May 5
Marriott Vacations Q1 adjusted EPS and EBITDA miss on fewer tours, higher costs
OverviewGlobal vacation ownership firm's Q1 adjusted EPS and adjusted EBITDA missed analyst expectationsCompany cites lower contract sales, higher costs, and fewer tours, especially in Asia-Pacific, for declinesCompany closed Westin Cancun sale, generating $50 mln, as part of asset disposition s...Reuters
Tue, May 5
IQVIA beats Q1 revenue estimates, raises 2026 adj. EPS outlook
OverviewUS clinical research and healthcare data firm's Q1 revenue rose 8.4%, beating analyst expectationsAdjusted diluted EPS for Q1 beat analyst expectationsCompany repurchased $552 mln of common stock in Q1OutlookIQVIA reaffirms 2026 revenue guidance of $17.15 bln to $17.35 blnCompany maintai...Reuters
Tue, May 5
Oil States International Q1 revenue falls 9%, misses estimates
OverviewU.S. energy equipment maker's Q1 revenue fell 9% yr/yr, missing analyst expectationsAdjusted EPS for Q1 met analyst expectationsCompany cites contract delays, higher costs from geopolitical conflict and project deferralsOutlookCompany says ongoing geopolitical conflict and Middle East un...Reuters
Tue, May 5
REFILE-Meta to expand teen safeguards to 27 EU countries, Facebook safeguards in June
By Foo Yun Chee BRUSSELS, May 5 (Reuters) - Meta Platforms META.O will expand technology safeguards for teen accounts to 27 European Union countries and to Facebook in the United States, the U.S. tech giant said on Tuesday, as it seeks to fend off criticism regarding its efforts protecting teenag...Reuters
Tue, May 5
Bowhead Specialty Q1 adjusted EPS beats estimates, premiums up 24%
OverviewUS specialty insurer's Q1 gross written premiums rose 24% yr/yr, driven by Casualty and digital growthAdjusted EPS and adjusted net income for Q1 beat analyst expectationsExpense ratio improved to 28.4% from 30.4% due to scaling and expense managementOutlookBowhead Specialty says it rema...Reuters
Tue, May 5
American Electric Power Q1 revenue beats estimates
OverviewUS electric utility's Q1 revenue beats analyst expectationsCompany reaffirmed 2026 operating earnings guidanceStrong demand growth from data centers and industrial customers drove resultsOutlookAEP reaffirms 2026 operating earnings guidance of $6.15 to $6.45 per shareAEP expects operatin...Reuters
Tue, May 5
TopBuild Q1 sales rise 17.2%, beat estimates
OverviewU.S. insulation and roofing installer's Q1 sales rose 17.2%, beating analyst expectationsEPS declined to $3.73 from $4.23 a year agoCompany completed four acquisitions in 2026, adding over $80 mln in annual revenueOutlookCompany says residential market faces ongoing uncertainty while hea...Reuters
Tue, May 5
USA Compression's Q1 revenue beats expectations
OverviewUS natural gas compression firm's Q1 revenue rose and beat analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsCompany completed J-W Power acquisition, expanding fleet and regional presenceOutlookUSA Compression confirms 2026 adj EBITDA guidance of $770 mln to $800 mlnCom...Reuters
Tue, May 5
Monaco's Scorpio Tankers Q1 adjusted EPS beats estimates
OverviewMonaco product tanker operator's Q1 adjusted EPS and net income beat analyst expectationsCompany replenished share repurchase program to $500 mln and declared quarterly dividendHigher TCE rates and robust demand drove strong results despite smaller fleetOutlookCompany expects strong prod...Reuters
Tue, May 5
Canada's Shopify tops quarterly revenue estimates
May 5 (Reuters) - Shopify SHOP.TO, SHOP.O topped market estimates for quarterly revenue on Tuesday, supported by strong demand for its e-commerce services, even as retail businesses navigate pressures from tariffs and the Middle East conflict.Total revenue rose 34% to $3.17 billion during the Januar...Reuters
Tue, May 5
Viridian eye disease drug benefits chronic patients in late-stage trial
By Siddhi Mahatole May 5 (Reuters) - Viridian Therapeutics VRDN.O said on Tuesday its experimental thyroid eye disease drug met the main goal of a late-stage trial in chronic patients.The drug, elegrobart, significantly reduced eye bulging in patients with long-standing thyroid eye disease when g...Reuters
Tue, May 5
PayPal tops first-quarter estimates on resilient consumer spending
May 5 (Reuters) - PayPal PYPL.O surpassed Wall Street expectations for first-quarter results on Tuesday as resilient consumer spending lifted volumes at the digital payments firm.Though consumers have been grappling with inflationary pressures and economic uncertainty exacerbated by the Middle East ...Reuters
Tue, May 5
MPLX's Q1 adjusted EBITDA misses, hurt by derivatives impacts
OverviewU.S. midstream energy operator's Q1 revenue and net income declined year-over-yearAdjusted EBITDA for Q1 missed analyst expectationsCompany repurchased $50 mln in common units during the quarterOutlookMPLX expects Delaware Basin sour gas capacity to exceed 400 MMcf/d by year endCompany p...Reuters
Tue, May 5
Revvity trims annual profit, sales forecast to exclude China immunodiagnostics unit
May 5 (Reuters) - Revvity RVTY.N on Tuesday lowered its annual profit and revenue forecast, as the medical equipment maker excludes its immunodiagnostics business in China that it plans to divest.Here are the results:Revvity expects 2026 adjusted profit to be between $5.20 and $5.30 per share, compa...Reuters
Tue, May 5
Pfizer beats Q1 revenue estimates on product growth, reaffirms 2026 outlook
OverviewUS drugmaker's Q1 revenue rose 5%, beating analyst expectationsAdjusted EPS for Q1 fell 18% but beat analyst expectationsCompany reaffirmed full-year 2026 revenue and adjusted EPS guidanceOutlookPfizer reaffirms 2026 revenue guidance of $59.5 to $62.5 blnCompany expects 2026 adjusted dil...Reuters
Tue, May 5
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