Latest news with #quarterlyresults
Yahoo
15 hours ago
- Business
- Yahoo
RTX (RTX) Reports Strong Q2 Earnings With US$22 Billion Sales And US$2 Billion Net Income
RTX recently announced impressive quarterly and six-month results, with significant increases in sales and net income, possibly contributing to a 33% rise in its stock last quarter. These financial results align positively with the broader market, which has seen substantial earnings growth. Additionally, the introduction of new products and strategic alliances may have bolstered investor confidence. While the S&P 500 and Nasdaq had minor fluctuations, RTX's performance was buoyed by strong corporate earnings, counteracting the mixed trading sentiment elsewhere. Events such as dividend increases and new contracts likely supported the positive movement in RTX's stock value. We've identified 3 warning signs for RTX (1 is a bit unpleasant) that you should be aware of. Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. RTX's recent announcement of substantial sales and net income growth could significantly impact its long-term narrative, indicating robust operations and potential revenue stability. Over the past five years, RTX's total return, which includes both share price and dividends, was 180.01%. This impressive long-term performance provides context to the more recent quarterly stock increase amid the broader positive market sentiment. In the last year, RTX outperformed both the US market and the Aerospace & Defense industry, showcasing its resilience and market positioning. The recent earnings report and strategic product introductions could further bolster revenue and earnings forecasts, supporting analysts' expectations for continued growth. These developments might lead to increased operational efficiencies and improved profit margins, aligning with the forecasts of reaching earnings of US$8.5 billion by 2028. The current share price of US$151.56 exceeds the consensus analyst price target of US$150.29. This deviation may suggest that analysts are cautious but also implies potential optimism in the company's future performance. Given the company's ongoing investments in innovation and manufacturing, the recent news could positively influence long-term earnings, reinforcing the narrative of sustained growth and profitability in a competitive industry. Gain insights into RTX's historical outcomes by reviewing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include RTX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
17 hours ago
- Business
- Yahoo
DR Horton, PulteGroup's Solid Results Lift Homebuilder Stocks
Justin Sullivan / Getty Images Homebuilder stocks, which had a difficult first half of the year, are rebounding on solid quarterly results Shares of D.R. Horton (DHI) and PulteGroup (PHM) rose on Tuesday after each homebuilder's latest quarterly results came in better than expected, also lifting other homebuilder stocks. D.R. Horton's fiscal third-quarter revenue came in at $9.23 billion while it earned $3.36 per share, each well above the analyst consensus compiled by Visible Alpha. PulteGroup's own second-quarter results also beat estimates by a narrower margin at $4.4 billion and earnings per share of $3.03. 'New home demand continues to be impacted by ongoing affordability constraints and cautious consumer sentiment," D.R. Horton Executive Chairman David Auld said. "We expect our sales incentives to remain elevated and increase further during the fourth quarter, the extent to which will depend on the strength of demand during the remainder of summer, changes in mortgage interest rates and other market conditions." D.R. Horton trimmed its full-year revenue forecast to $33.7 billion to $34.2 billion from $33.3 billion to $34.8 billion previously, as it now expects to close on 85,000 to 85,500 homes this year, with the top end lowered from 87,000 previously. Home Buyers 'Dealing With a Range of Issues,' PulteGroup Says PulteGroup CEO Ryan Marshall said the company "saw consumers dealing with a range of issues from high interest rates and challenged affordability to macro concerns about the strength of the economy" during the spring selling season. PulteGroup shares were up 9% in recent trading, while D.R. Horton shares rose 13%. Tuesday's moves put each stock into the green for the year, while other homebuilders like Lennar (LEN) and KB Home (KBH) also rose. Homebuilder stocks had a difficult first half of the year as the housing market stayed stagnant in the first quarter and the Trump administration's tariffs looked like they would raise construction costs across the industry. Last month, Lennar and KB Home each topped revenue estimates in their second-quarter reports, while Lennar's profits fell short and KB Home cut its full-year outlook amid concerns about a weak spring selling season. Read the original article on Investopedia
Globe and Mail
21 hours ago
- Business
- Globe and Mail
HASI Announces Second Quarter 2025 Earnings Release Date and Conference Call
HA Sustainable Infrastructure Capital, Inc. ('HASI,' 'We', 'Our,' or the "Company") (NYSE: HASI), a leading investor in sustainable infrastructure assets, today announced that the Company will release its second quarter 2025 results after market close on Thursday, August 7, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time). The conference call can be accessed live over the phone by dialing 1-877-407-0890 (Toll-Free) or +1-201-389-0918 (toll). Participants should inform the operator you want to be joined to the 'HASI Second Quarter 2025 Results' call. The conference call will also be accessible as an audio webcast with slides on our website. A replay after the event will be accessible as on-demand webcast on our website. Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investors section of the Company's website at The online replay will be available for a limited time beginning immediately following the call. To learn more about HASI, please visit the Company's website at In addition to filing or furnishing required information to the U.S. Securities and Exchange Commission, HASI uses its website as a channel of distribution of material Company information. Financial and other material information regarding HASI is routinely posted on the Company's website and is readily accessible. About HASI HASI is an investor in sustainable infrastructure assets advancing the energy transition. With more than $14 billion in managed assets, our investments are diversified across multiple asset classes, including utility-scale solar, onshore wind, and storage; distributed solar and storage; RNG; and energy efficiency. We combine deep expertise in energy markets and financial structuring with long-standing programmatic client partnerships to deliver superior risk-adjusted returns and measurable environmental benefits. HA Sustainable Infrastructure Capital, Inc. is listed on the New York Stock Exchange (Ticker: HASI). For more information, please visit
Globe and Mail
21 hours ago
- Business
- Globe and Mail
Coca-Cola Reports Second Quarter 2025 Results and Updates Full Year Guidance
The Coca-Cola Company today reported second quarter 2025 results. 'Amid a shifting external landscape in the second quarter, the ability of our system to stay both focused and flexible enabled us to stay on course in the first half of the year,' said James Quincey, Chairman and CEO of The Coca-Cola Company. 'We continue to execute with a clear intent on our priorities and are confident in our trajectory to deliver on our updated 2025 guidance and longer-term objectives.' This press release features multimedia. View the full release here: Highlights Quarterly Performance Revenues: Net revenues grew 1% to $12.5 billion, and organic revenues (non-GAAP) grew 5%. Revenue performance included 6% growth in price/mix and a 1% decline in concentrate sales. Concentrate sales were in line with unit case volume. Operating margin: Operating margin was 34.1%, and comparable operating margin (non-GAAP) was 34.7%. Operating margin performance included items impacting comparability as well as currency headwinds. Comparable operating margin (non-GAAP) expansion was driven by organic revenue (non-GAAP) growth, the timing of marketing investments and effective cost management, partially offset by currency headwinds. Earnings per share: EPS grew 58% to $0.88 and included the impact of an 11-point currency headwind. Comparable EPS (non-GAAP) grew 4% to $0.87 and included the impact of a 5-point currency headwind. Market share: The company gained value share in total nonalcoholic ready-to-drink ('NARTD') beverages. Cash flow: Operating cash flow was negative $1.4 billion, which reflects $6.1 billion of the contingent consideration payment made during the first quarter in conjunction with the acquisition of fairlife, LLC ('fairlife') in 2020 ('fairlife contingent consideration payment'). Free cash flow (non-GAAP) declined $5.5 billion versus the prior year, resulting in negative free cash flow (non-GAAP) of $2.1 billion. Free cash flow excluding the fairlife contingent consideration payment (non-GAAP) was $3.9 billion. Company Updates Uplifting consumer connections through brand-led marketing: The company continued to drive consumer engagement, fueled by Trademark Coca-Cola and the global relaunch of the iconic 'Share a Coke' campaign. Reimagined for the next generation, 'Share a Coke' taps into nostalgia with personalized bottles and cans to share with friends and family and serves as a reminder that Coca-Cola is for everyone. Rolled out across the Trademark Coca-Cola portfolio and amplified by connected packaging, the campaign returned on a larger scale, activated with approximately 10 billion bottles and cans in more than 120 countries with over 30,000 names tailored to local markets. The campaign contributed to single-serve transaction growth for the category, while Coca-Cola Zero Sugar achieved double-digit volume growth for the fourth consecutive quarter. In North America, the company also launched the 'This is My Taste' campaign for Diet Coke, inspired by social media insights showing that consumers use a distinctive language, like 'crispy' taste, to express their connection to the brand. The campaign contributed to growth in the quarter, marking Diet Coke's fourth consecutive quarter of volume growth in North America, reinvigorating the brand and adding a new generation of consumers to its loyal following. As part of its ongoing innovation agenda, this fall in the United States, the company plans to launch an offering made with U.S. cane sugar to expand its Trademark Coca-Cola product range. This addition is designed to complement the company's strong core portfolio and offer more choices across occasions and preferences. Untapping opportunities through end-to-end revenue growth management ('RGM') capabilities: The Coca-Cola system's RGM strategy helps to ensure it has the right products, in the right packages, at the right price points, in the right channels, with the right messages to meet consumer needs. The company, in partnership with its bottling partners, is transforming its trove of data into segmented insights to identify new opportunities in the market and create more transactions at the point of sale. For example, within the juice drinks category, the company has added more than 130 million transactions year-to-date by focusing on lower-cost single-serve offerings in markets that include Latin America and India, where consumers are looking for commercial beverages at affordable prices. Additionally, in Spain, volume improved sequentially, partially by pairing sparkling soft drinks in an affordable 1.25-liter package with enhanced point-of-sale materials communicating the value and drinking occasion. The strategy of utilizing all RGM levers continues to allow the company to grow transactions ahead of volume and generate positive mix benefits, which has continued for the past several years. Operating Review – Three Months Ended June 27, 2025 Operating Income and EPS Percent Change Reported Operating Income Items Impacting Comparability Currency Impact Comparable Currency Neutral Operating Income 2 Consolidated 63 54 (6) 15 Europe, Middle East & Africa 3 (3) (1) 7 Latin America 4 (11) (24) 38 North America 18 8 0 10 Asia Pacific 0 (4) (5) 8 Bottling Investments (39) 0 (4) (35) Note: Certain rows may not add due to rounding. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes, if any. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 3 Unit case volume is computed based on average daily sales. In addition to the data in the preceding tables, operating results included the following: Consolidated Unit case volume declined 1%, as growth in Central Asia, Argentina and China was more than offset by declines in Mexico, India and Thailand. Performance included the following: Sparkling soft drinks declined 1%. Trademark Coca-Cola declined 1%, as growth in Europe, Middle East and Africa was more than offset by a decline in Latin America. Coca-Cola Zero Sugar grew 14%, driven by growth across all geographic operating segments. Sparkling flavors declined 2%, as growth in Europe, Middle East and Africa was more than offset by a decline in Asia Pacific. Juice, value-added dairy and plant-based beverages declined 4%, as growth in Latin America was more than offset by a decline in Asia Pacific. Water, sports, coffee and tea was even. Water was even, as growth in Asia Pacific and Europe, Middle East and Africa was offset by a decline in Latin America. Sports drinks declined 3%, as growth in North America was more than offset by a decline in Latin America. Coffee grew 1%, primarily driven by growth in Asia Pacific. Tea was even, as growth in Europe, Middle East and Africa was offset primarily by a decline in North America. Price/mix grew 6%, primarily driven by pricing actions in the marketplace and favorable mix. The impact from markets experiencing intense inflation contributed less in the second quarter of 2025 versus the prior year. Concentrate sales were in line with unit case volume. Operating income grew 63%, which included items impacting comparability and currency headwinds. Comparable currency neutral operating income (non-GAAP) grew 15%, driven by organic revenue (non-GAAP) growth across all geographic operating segments, the timing of marketing investments and effective cost management. Europe, Middle East & Africa Unit case volume grew 3%, primarily driven by growth in sparkling flavors, water, sports, coffee and tea, and Trademark Coca-Cola. Price/mix grew 3%, primarily driven by pricing actions in the marketplace, partially offset by unfavorable mix. Concentrate sales were 1 point behind unit case volume due to the timing of concentrate shipments. Operating income grew 3%, which included items impacting comparability and a 4-point currency headwind. Comparable currency neutral operating income (non-GAAP) grew 7%, primarily driven by organic revenue (non-GAAP) growth and the timing of operating expenses, partially offset by higher input costs and marketing investments. The company gained value share in total NARTD beverages, led by Türkiye, Nigeria and Egypt. Latin America Unit case volume declined 2%, as growth in juice, value-added dairy and plant-based beverages was more than offset by declines in water, sports, coffee and tea and Trademark Coca-Cola. Price/mix grew 15%, driven by pricing actions in the marketplace, timing of investments and favorable mix. Concentrate sales were 1 point ahead of unit case volume due to the timing of concentrate shipments. Operating income grew 4%, which included items impacting comparability and a 29-point currency headwind. Comparable currency neutral operating income (non-GAAP) grew 38%, primarily driven by organic revenue (non-GAAP) growth, lower input costs and the timing of marketing investments. Value share in total NARTD beverages for the company was even, as gains in Argentina and Brazil were offset by declines in Mexico and Chile. North America Unit case volume declined 1%, as growth in sparkling flavors was more than offset by a decline in Trademark Coca-Cola. Price/mix grew 3%, driven by pricing actions in the marketplace, partially offset by unfavorable mix. Concentrate sales were 1 point ahead of unit case volume due to the timing of concentrate shipments. Operating income grew 18%, which included items impacting comparability. Comparable currency neutral operating income (non-GAAP) grew 10%, primarily driven by organic revenue (non-GAAP) growth and effective cost management, partially offset by an increase in marketing investments. The company gained value share in total NARTD beverages, led by juice, value-added dairy and plant-based beverages. Asia Pacific Unit case volume declined 3%, as growth in water, sports, coffee and tea was more than offset by declines in sparkling flavors and juice, value-added dairy and plant-based beverages. Price/mix grew 10%, driven by timing of investments, pricing actions in the marketplace and favorable mix. Concentrate sales were 2 points behind unit case volume due to the timing of concentrate shipments. Operating income was even, which included items impacting comparability and an 8-point currency headwind. Comparable currency neutral operating income (non-GAAP) grew 8%, primarily driven by organic revenue (non-GAAP) growth. The company gained value share in total NARTD beverages, led by South Korea and the Philippines. Bottling Investments Unit case volume declined 5%, largely due to a decline in India and the impact of refranchising bottling operations. Price/mix was even, as pricing actions in the marketplace were offset by unfavorable mix. Operating income declined 39%, which included a 4-point currency headwind and the impact of refranchising bottling operations. Comparable currency neutral operating income (non-GAAP) declined 35%, primarily driven by a decline in organic revenue (non-GAAP), partially offset by lower input costs. Operating Review – Six Months Ended June 27, 2025 Revenues and Volume Operating Income and EPS Percent Change Reported Operating Income Items Impacting Comparability Currency Impact Comparable Currency Neutral Operating Income 2 Consolidated 66 60 (6) 13 Europe, Middle East & Africa 1 (3) (3) 8 Latin America 0 (8) (20) 28 North America 58 51 0 7 Asia Pacific (2) (6) (4) 8 Bottling Investments (30) 1 (4) (27) Note: Certain rows may not add due to rounding. 1 For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes, if any. 2 Organic revenues, comparable currency neutral operating income and comparable currency neutral EPS are non-GAAP financial measures. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. 3 Unit case volume is computed based on average daily sales. Outlook The 2025 outlook information provided below includes forward-looking non-GAAP financial measures, which management uses in measuring performance. The company is not able to reconcile full year 2025 projected organic revenues (non-GAAP) to full year 2025 projected reported net revenues, full year 2025 projected comparable net revenues (non-GAAP) to full year 2025 projected reported net revenues, full year 2025 projected underlying effective tax rate (non-GAAP) to full year 2025 projected reported effective tax rate, full year 2025 projected comparable currency neutral EPS (non-GAAP) to full year 2025 projected reported EPS, or full year 2025 projected comparable EPS (non-GAAP) to full year 2025 projected reported EPS without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the exact timing and exact impact of acquisitions, divestitures and structural changes throughout 2025; the exact timing and exact amount of items impacting comparability throughout 2025; and the exact impact of fluctuations in foreign currency exchange rates throughout 2025. The unavailable information could have a significant impact on the company's full year 2025 reported financial results. Full Year 2025 Based on the current macroenvironment, the company is providing the following full year guidance. The company expects to deliver organic revenue (non-GAAP) growth of 5% to 6%. — No Update For comparable net revenues (non-GAAP), the company expects a 1% to 2% currency headwind based on the current rates and including the impact of hedged positions, in addition to an approximate 1% headwind from acquisitions, divestitures and structural changes. — Updated The company's operations are primarily local, however, they are subject to global trade dynamics that may impact certain components of the company's cost structure across its markets. At this time, the company expects the impact to be manageable. — No Update The company's underlying effective tax rate (non-GAAP) is estimated to be 20.8% versus 18.6% in 2024. This includes the impact of several countries enacting the global minimum tax regulations and does not include the impact of ongoing tax litigation with the U.S. Internal Revenue Service, if the company were not to prevail. — No Update The company expects to deliver comparable currency neutral EPS (non-GAAP) growth of approximately 8%. — Updated The company expects comparable EPS (non-GAAP) growth of approximately 3% versus $2.88 in 2024. — Updated Comparable EPS (non-GAAP) percentage growth is expected to include an approximate 5% currency headwind based on the current rates and including the impact of hedged positions, in addition to an approximate 1% headwind from acquisitions, divestitures and structural changes. — Updated The company expects to generate free cash flow excluding the fairlife contingent consideration payment (non-GAAP) of approximately $9.5 billion. This consists of cash flow from operations excluding the fairlife contingent consideration payment (non-GAAP) of approximately $11.7 billion, less capital expenditures of approximately $2.2 billion. — No Update Third Quarter 2025 Considerations — New Comparable net revenues (non-GAAP) are expected to include an approximate 1% currency headwind based on the current rates and including the impact of hedged positions. Comparable EPS (non-GAAP) percentage growth is expected to include a 5% to 6% currency headwind based on the current rates and including the impact of hedged positions. Notes All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period, unless otherwise noted. All references to volume and volume percentage changes indicate unit case volume, unless otherwise noted. All volume percentage changes are computed based on average daily sales unless otherwise noted. 'Unit case' means a unit of measurement equal to 192 U.S. fluid ounces of finished beverage (24 eight-ounce servings), with the exception of unit case equivalents for Costa non-ready-to-drink beverage products, which are primarily measured in number of transactions. 'Unit case volume' means the number of unit cases (or unit case equivalents) of company beverages directly or indirectly sold by the company and its bottling partners to customers or consumers. 'Concentrate sales' represents the amount of concentrates, syrups, beverage bases, source waters and powders/minerals (in all instances expressed in unit case equivalents) sold by, or used in finished beverages sold by, the company to its bottling partners or other customers. For Costa non-ready-to-drink beverage products, 'concentrate sales' represents the amount of beverages, primarily measured in number of transactions (in all instances expressed in unit case equivalents), sold by the company to customers or consumers. In the reconciliation of reported net revenues, 'concentrate sales' represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments after considering the impact of structural changes, if any. For the Bottling Investments operating segment, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes, if any. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. 'Price/mix' represents the change in net operating revenues caused by factors such as price changes, the mix of products and packages sold, and the mix of channels and geographic territories where the sales occurred. First quarter 2025 financial results were impacted by two fewer days as compared to first quarter 2024, and fourth quarter 2025 financial results will be impacted by one additional day as compared to fourth quarter 2024. Unit case volume results for the quarters are not impacted by the variances in days due to the average daily sales computation referenced above. Conference Call The company is hosting a conference call with investors and analysts to discuss second quarter 2025 operating results today, July 22, 2025, at 8:30 a.m. ET. The company invites participants to listen to a live webcast of the conference call on the company's website, in the 'Investors' section. An audio replay in downloadable digital format and a transcript of the call will be available on the website within 24 hours following the call. Further, the 'Investors' section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the company's results as reported under GAAP, which may be used during the call when discussing financial results.
Globe and Mail
21 hours ago
- Business
- Globe and Mail
Unitil Schedules Second Quarter 2025 Earnings Release and Conference Call
HAMPTON, N.H., July 22, 2025 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( has scheduled the release of its second quarter 2025 earnings after the market closes on August 4, 2025. Unitil will host its conference call and webcast on August 5, 2025 at 2:00 p.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company's Investors page at The conference call will be broadcast live in listen-only mode on the Company's Investors page at Interested parties may access dial information for the call by registering via web link here. An archive of the webcast will be available for one year on the website at About Unitil Corporation Unitil Corporation provides energy for life by safely and reliably delivering electricity and natural gas in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil's operating utilities serve approximately 109,400 electric customers and 97,600 natural gas customers. For more information about our people, technologies, and community involvement please visit
