Hunting PLC reported a 6% revenue decline to $497 million and a 12% drop in EBITDA to $62.1 million for H1 2026. Strong performance in the Subsea and Perforating Systems segments partially offset weaker results elsewhere. The company lowered its 2026 EBITDA guidance due to a delayed Kuwait Oil Company tender, expecting a $10 million impact. Despite weaker cash flow and increased net debt, the interim dividend was raised by 13% to 7 cents per share, signaling confidence in future prospects.
XPeng Inc., a Chinese electric vehicle maker, is preparing to release its Q2 2026 earnings report with analysts expecting a loss of $0.06 per share but revenue of $3.02 billion. The company competes with Tesla, Nio, and Li Auto in the smart EV market...
PDD Holdings Inc. will report its Q2 2026 earnings on August 24, with expected EPS of $2.72 and revenue around $16.94 billion. Despite recent stock gains, analysts have mixed views, including an Underperform rating from BNP Paribas and a downgrade by...
JD Sports Fashion reported weaker-than-expected second-quarter sales, especially in North America, prompting a cut in its full-year profit guidance. This led to a nearly 15% drop in its stock price. Analysts from Citigroup, UBS, and Shore Capital mai...
Jones Lang LaSalle's CEO sold 2,000 shares worth over $773,000, yet major investors like BlackRock increased holdings significantly, showing confidence. BlackRock now owns over 10% of the company after a $1.45 billion stake purchase. Other firms also...
Wedbush increased its price target for Scholar Rock to $64 from $58 and kept an "Outperform" rating ahead of the FDA's September 30 decision on Scholar Rock's investigational SMA drug, apitegromab. This drug could be the first muscle-targeted therapy...
