Latest news with #earnings
Yahoo
11 minutes ago
- Business
- Yahoo
Gorman-Rupp's (GRC) Long Dividend History Makes it a Worthy Buy in August
The Gorman-Rupp Company (NYSE:GRC) is included among the 10 Best Dividend Stocks to Buy in August. A close up of a pump system, its gears spinning as it powers up a water management system. The Gorman-Rupp Company (NYSE:GRC) is an American company that focuses on the design, production, and sale of a broad selection of pumps and related equipment used across multiple industries and applications. The Gorman-Rupp Company (NYSE:GRC) recently reported its earnings for the second quarter of 2025, with revenues coming in at $179 million, up 5.62% from the same period last year. The revenue also beat analysts' estimates by $4.45 million. The company posted record net income of $15.8 million for the second quarter, equal to $0.60 per share, up from $8.3 million or $0.32 per share in the same period of 2024. It also reported a 15.7% year-over-year increase in new orders, totaling a record $188.0 million—an increase of $25.5 million from the prior year. The Gorman-Rupp Company (NYSE:GRC) also demonstrated a strong cash position. Its operating cash flow for the first six months came in at $48.9 million, up from $33.4 million during the same period last year. The growth in operating cash flow during the first half of 2025 was mainly driven by higher net income and a boost in accrued expenses. The Gorman-Rupp Company (NYSE:GRC) currently offers a quarterly dividend of $0.185 per share and has a dividend yield of 1.78%, as of July 28. The company has been rewarding shareholders with growing dividends for the past 52 years. While we acknowledge the potential of GRC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
CTV News
12 minutes ago
- Business
- CTV News
Apple earnings under pressure from tariffs, slow AI roll-out
Long seen as the safest Big Tech bet, Apple is heading into Thursday's earnings with its business facing pressure from U.S. tariffs, tough competition in China and a high-stakes artificial intelligence race it has been late to enter. Wall Street expects the company to post a 4.2 per cent rise in revenue for the April-June quarter to US$89.34 billion. Still, the focus will be on how Apple plans to adjust to a landscape that has turned its global supply chain, long a strength, into a potential liability. U.S. President Donald Trump has targeted the consumer electronics giant for its reliance on overseas manufacturing, threatening 25 per cent tariffs on foreign-made iPhones. To limit the damage, Apple shifted production of U.S.-bound iPhones to India, further drawing Trump's ire. Trump on Wednesday imposed a 25 per cent tariff on goods imported from India starting August 1, in what could be a setback for Apple. The total volume of Indian-made smartphones had jumped 240 per cent in the second quarter, largely driven by Apple's supply chain shift, according to research firm Canalys. Analysts and investors are now expecting the strategy to help Apple limit the hit from tariffs to well below US$900 million it had estimated in May. IPhones are 'a very high-profile product that both the Chinese and the U.S. governments understand they have a lever over,' D.A. Davidson analyst Gil Luria said. 'So until the tariff rates get settled, Apple is very much at risk of being impacted by the current trade dispute.' Analysts also said Apple, like many other firms, potentially overestimated tariff costs to leave room for an earnings beat. 'Most companies we follow have made conservative assumptions by overestimating tariff costs as the goal of management is generally to beat its own guidance,' said Jamie Meyers, senior analyst at Apple shareholder Laffer Tengler Investments. Sales of iPhones are expected to have risen 2.2 per cent in Apple's fiscal third quarter, according to data compiled by LSEG, helped by an improvement in demand in China, Apple's third-largest market. In the fiscal second quarter, this increased 1.9 per cent. Counterpoint Research data shows iPhone sales in the world's largest smartphone market jumped eight per cent in the quarter, fueled by steep discounts during the 618 shopping festival, government-backed trade-in subsidies and targeted iPhone 16 Pro promotions. Sales of Apple's other devices are expected to have slowed in the April-June period, while revenue from services - its fastest-growing segment in recent years - is likely to rise to 10.7 per cent. In the January-March period, services revenue grew 11.6 per cent. Doubts still remain over Apple's prospects in China, where domestic companies including Honor are rolling out smartphones packed with AI features such as generative AI photo editors. Apple's cautious approach to AI has fueled concerns it is sitting out what could be the industry's biggest growth wave in decades. The company was slow to roll out its Apple Intelligence suite, including a ChatGPT integration, while a long-awaited AI upgrade to Siri has been delayed until next year. --- Reporting by Akash Sriram and Zaheer Kachwala in Bengaluru; Editing by Aditya Soni, Sayantani Ghosh and Anil D'Silva
Bloomberg
13 minutes ago
- Automotive
- Bloomberg
Bloomberg Intelligence: Harley Davidson Roars on Captive Deal
Watch Paul LIVE every day on YouTube: Bloomberg Intelligence hosted by Paul Sweeney and John Tucker -Joel Levington, Bloomberg Intelligence Global Director of Credit Research, discusses Harley Davidson earnings. Harley-Davidson shares rose after the sale of a minority stake in its captive-finance unit to KKR and Pimco. -Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Kraft Heinz earnings. Kraft Heinz Co. used price increases to help offset volume declines as the company continues a strategic review of its brands. The company beat Wall Street sales estimates, with organic revenue in the second quarter declining 2%, aided by pricing rising 0.7 percentage points. -Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, recaps earnings from Starbucks. Starbucks Corp. sales and profit fell more than anticipated, with comparable sales dropping 2% in the fiscal third quarter. Chief Executive Officer Brian Niccol said the turnaround efforts are 'ahead of schedule,' and he vowed to unleash 'a wave of innovation in 2026.' -Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Manager, discusses Tesla agreeing to buy $4.3 billion worth of US-built batteries from LG Energy Solution Ltd., according to a person familiar with the matter.
Yahoo
41 minutes ago
- Business
- Yahoo
Why Federal Signal Stock Is Skyrocketing Today
Key Points Federal Signal grew sales, orders, and earnings per share by 15%, 14%, and 23%, respectively. On top of this growth, its EBITDA margins hit new all-time highs. As the leader in its specialized niches, Federal Signal is a promising stock now trading at a loftier valuation. 10 stocks we like better than Federal Signal › Shares of leading environmental and safety solutions provider Federal Signal (NYSE: FSS) rose 22% as of 12 p.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence. The company reported second-quarter earnings where sales, orders, and adjusted earnings per share (EPS) rose by 15%, 14%, and 23%, respectively. This growth, paired with management's raised 2025 guidance for 12% revenue growth and 20% adjusted earnings-per-share (EPS) growth, sent the company's shares to new all-time highs. Signaling future outperformance? Federal Signal is a manufacturer that operates through two business segments -- its Environmental Solutions Group (ESG) and Safety and Security Group (SSG). The ESG makes specialty equipment, such as street sweepers, road-marking vehicles, safe-digging trucks, and metal extraction support equipment, along with the aftermarket services that go with each. The SSG creates public-safety equipment, signaling products, and warning systems used in cop cars, emergency vehicles, and industrial-grade security systems. Holding a No.1 or No. 2 market-share position across these niches, Federal Signal has been a 20-bagger since 2010. Over this time, it has become a successful serial acquirer, adding 13 complementary business lines since 2016. In March, I wrote about Federal Signal as a candidate to outperform, thanks to these qualities -- and its Q2 results back this notion. Perhaps the most intriguing part of the earnings report was the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) margins reaching an all-time high of 19.5%. Despite the company reaching this new high, management raised its annual, through-the-cycle EBITDA target from 17% to 19%. This means that in their eyes, Q2's outsized profitability wasn't an outlier but closer to what Federal Signal can average over the long haul. Trading at 37 times earnings, Federal Signal now holds a lofty valuation but is firing on all cylinders. Should you buy stock in Federal Signal right now? Before you buy stock in Federal Signal, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Federal Signal wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $630,291!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,075,791!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Federal Signal Stock Is Skyrocketing Today was originally published by The Motley Fool
Yahoo
41 minutes ago
- Business
- Yahoo
Archer Aviation (ACHR) Stock Drops Sharply as Traders Hedge Bets
July 30 - Archer Aviation (NYSE:ACHR) dropped 10% over the past 5 days, and investors are clearly treading carefully ahead of the company's upcoming earnings report, due August 11. With options activity picking up and volatility expectations rising, the market is on edge. Warning! GuruFocus has detected 2 Warning Sign with ACHR. Roughly 97,000 options contracts traded hands, with more calls than puts. The put-call ratio hit 0.5, higher than its recent average of 0.27. That usually hints traders are buying more protection on the downside. Meanwhile, 30-day implied volatility rose to 86.2%, suggesting a 50% chance the stock could swing more than 12.1%, or about $1.23, in either direction after earnings drop. Still, not all the signals are bearish. ACHR is holding above both its 20-day and 50-day exponential moving averages, $9.80 and $8.16, respectively. Plus, the MACD indicator is still positive at 0.91, showing the bulls haven't totally checked out. With earnings looming, expectations mixed, and traders hedging bets, Archer's stock could be in for a bumpy, but interesting, ride. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
