Recent Articles from StockStory

Shares of intelligent lighting and space solutions provider Acuity Brands (NYSE:AYI) jumped 7.7% in the afternoon session after the company reported impressive fiscal third-quarter results that significantly beat analyst expectations. 

Shares of office furniture manufacturer MillerKnoll (NASDAQ:MLKN) jumped 10.7% in the afternoon session after the company reported fourth-quarter 2025 earnings and revenue that surpassed analyst expectations. The company posted adjusted earnings of $0.60 per share on revenue of $961.8 million. This performance comfortably beat Wall Street's consensus estimates, which had predicted earnings of $0.44 per share on $913.8 million in revenue. The strong results were driven by sales growth across all business segments, with consolidated net sales rising 8.2% compared to the same period last year. Investors were also encouraged by an 11.1% increase in orders during the quarter. 

Shares of food flavoring company McCormick (NYSE:MKC) jumped 5.6% in the afternoon session after the company reported second-quarter 2025 earnings that beat analyst expectations and reaffirmed its full-year financial outlook. The company posted an adjusted earnings per share of $0.69, surpassing the consensus estimate of $0.65. 

Office furniture manufacturer Steelcase (NYSE:SCS) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 7.1% year on year to $779 million. The company expects next quarter’s revenue to be around $875 million, close to analysts’ estimates. Its non-GAAP profit of $0.20 per share was 50% above analysts’ consensus estimates.

Packaged foods company General Mills (NYSE:GIS) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 3.3% year on year to $4.56 billion. Its non-GAAP profit of $0.74 per share was 4.1% above analysts’ consensus estimates.

Office furniture manufacturer MillerKnoll (NASDAQ:MLKN) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 8.2% year on year to $961.8 million. On top of that, next quarter’s revenue guidance ($919 million at the midpoint) was surprisingly good and 3.2% above what analysts were expecting. Its non-GAAP profit of $0.60 per share was 37.4% above analysts’ consensus estimates.

Memory chips maker Micron (NYSE:MU) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 36.6% year on year to $9.30 billion. On top of that, next quarter’s revenue guidance ($10.7 billion at the midpoint) was surprisingly good and 7.2% above what analysts were expecting. Its non-GAAP profit of $1.91 per share was 19% above analysts’ consensus estimates.

Pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 7.2% year on year to $38.99 billion. Its non-GAAP profit of $0.38 per share was 11.3% above analysts’ consensus estimates.

Agricultural and farm machinery company Lindsay (NYSE:LNN) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 21.7% year on year to $169.5 million. Its GAAP profit of $1.78 per share was 26.7% above analysts’ consensus estimates.

Food flavoring company McCormick (NYSE:MKC) met Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $1.66 billion. Its non-GAAP profit of $0.69 per share was 5.7% above analysts’ consensus estimates.

Intelligent lighting and space solutions provider Acuity Brands (NYSE:AYI) announced better-than-expected revenue in Q2 CY2025, with sales up 21.7% year on year to $1.18 billion. Its non-GAAP profit of $5.12 per share was 15.3% above analysts’ consensus estimates.

Exponent’s first quarter results reflected steady demand across its diversified consulting portfolio, even as year-over-year sales held flat. Management credited resilient performance in reactive services—particularly litigation support and failure analysis for chemicals, transportation, and utilities clients—as offsetting softness in proactive project work, which was pressured by shifting client priorities and macroeconomic caution. CEO Catherine Corrigan acknowledged, “Despite starting the year with a 5% to 6% headwind in technical full-time equivalent employees due to our focus on aligning resources with demand, we achieved approximately flat revenues due to strong activity from a few key industries.” The company also noted improved employee retention and modest sequential headcount growth.

BJ’s Restaurants’ first quarter was marked by traffic growth and operational improvements, leading to a positive market reaction. Management attributed the solid performance to increased guest visits, effective marketing around the Pizookie Meal Deal, and margin gains from labor and process efficiencies. Interim CEO Brad Richmond noted, “Our operating initiatives delivered improved guest satisfaction scores, which bodes well for future sales growth.” The company also benefited from proactive cost controls, particularly in labor and maintenance, which helped counteract industry headwinds during periods of unpredictable demand.

DexCom’s first quarter was met with a positive response from the market, as the company delivered revenue ahead of Wall Street expectations and maintained strong growth momentum. Management attributed this performance to robust demand, record new patient additions, and successful navigation of short-term supply challenges. CEO Kevin Sayer highlighted that the company’s expanded commercial reach, recent product launches, and broader patient access were key to driving acceleration in new customer starts, particularly among individuals with type 2 diabetes. Sayer noted, “We experienced an acceleration in demand from new customers, which again came in at record levels during Q1.”

WillScot Mobile Mini’s first quarter results were marked by a decline in sales and profitability versus market expectations, but the market responded positively. Management attributed the performance to continued growth in orders from large enterprise customers, which offset ongoing softness in local account demand. CEO Brad Soultz highlighted that the pending order book was up 7% year-over-year for both modular and storage products, supporting new lease activations. President Tim Boswell also noted that stable pricing and increased contributions from value-added products and services (VAPs) helped mitigate volume declines.

Standex’s first quarter results for 2025 were well received by the market, driven primarily by strong contributions from recently acquired businesses and new product launches. CEO David Dunbar noted that “sales into fast-growing end markets represented a greater percentage of total sales,” with recent acquisitions like Amran/Narayan and McStarlite adding significant momentum. Management attributed the company’s ability to maintain operating margins to a combination of price actions and productivity initiatives, despite ongoing organic revenue declines in several core segments.

Hologic’s first quarter saw results broadly in line with Wall Street expectations, yet the company’s shares declined after the report as investors digested softer demand in select segments and international pressures. Management pointed to strong recurring revenue growth—especially in breast health services—as a stabilizing factor, while acknowledging that tariff costs and funding cuts in Africa weighed on diagnostic sales. CEO Steve MacMillan highlighted, “our Diagnostics business continued to grow nicely, despite steep declines in our Africa business following funding cuts,” and noted that recurring revenue now makes up a substantial portion of total sales.

Perdoceo Education's first quarter results drew a strong positive market reaction, underpinned by notable revenue growth and solid operational execution. Management attributed the outperformance to higher student retention and engagement across its core institutions, as well as a marked increase in prospective student interest. CEO Todd Nelson pointed to multi-year highs in student retention and emphasized that the company's marketing and admissions strategies have adapted to capitalize on this momentum. The recent St. Augustine acquisition also contributed to the quarter by boosting both revenue and adjusted operating income.

NV5 Global’s first quarter results received a positive market reaction, as the company reported double-digit revenue growth driven by strong performance in its Infrastructure and Buildings & Technology segments. Management attributed this growth to robust investments in utility, transportation, and data center projects, highlighting the essential and often mandated nature of the services NV5 provides. CEO Ben Heraud emphasized the company’s focus on organic growth and operational efficiency, noting that recent acquisitions and successful cross-selling initiatives contributed to higher segment revenues. Heraud also pointed to the effectiveness of margin and cash flow improvement programs implemented during the quarter, which began to show results. Delays in the Geospatial segment were acknowledged, but management expects these to be temporary, citing integration efforts and federal contract timing as factors.

Lumen’s first quarter results were met with a positive market reaction, reflecting management’s focus on operational discipline and early progress in its digital and AI infrastructure initiatives. CEO Kate Johnson credited improved execution, specifically citing advancements in network modernization, streamlined product offerings, and growth in the North American enterprise segment. She highlighted that the company’s wave services secured new deals with large clients like T-Mobile and AARP, and that disconnects of legacy services reached a five-quarter low. Johnson stated, “We strengthened our balance sheet with the term loan refinancing,” and attributed the outperformance to lower churn and the company’s digital transformation.

Alignment Healthcare’s first quarter results for 2025 were marked by strong revenue and non-GAAP profit that both exceeded Wall Street expectations, but the market responded with a notable decline in the stock price. Management attributed the robust performance to 32% year-over-year membership growth and steady execution of its care management model, particularly in both California and its newer markets. CEO John Kao emphasized progress in scaling the clinical platform and outperforming on key inpatient utilization metrics, stating that “our business model is Medicare Advantage done right.” Additionally, lower administrative expenses and improved gross profit margins reflected operational efficiencies as the company expanded its member base.

Monolithic Power Systems delivered a strong first quarter, with management crediting broad-based demand across storage, computing, and automotive end markets as primary growth drivers. CEO Michael Hsing highlighted the company’s expanding design wins, particularly in enterprise data and automotive, and noted that recent product qualifications across customer platforms provided a foundation for confidence in future revenue ramps. CFO Bernie Blegen emphasized the balanced performance across business segments, stating, "Our strength is fairly broad-based with enterprise data, as we've talked about, still looking for the ramp in the second half of the year."

Amgen’s first quarter results reflected robust demand across its portfolio, with product volumes and sales increasing in both general medicine and specialty disease areas. Management highlighted strong double-digit growth from 14 medicines, including continued momentum in cardiovascular, bone health, and biosimilars. CEO Robert Bradway attributed the performance to “growing patient demand for our innovative medicines” and called out the breadth of the company’s pipeline progress, including multiple positive Phase III readouts and new launches. The quarter also saw notable uptake in Amgen’s biosimilars business and expansion of its rare disease and oncology franchises, as the company leveraged increased access and direct-to-consumer efforts to drive prescription growth.

Red Rock Resorts’ first quarter results were met with a positive market reaction, as the company delivered growth across its gaming and non-gaming segments while maintaining stable operating margins. Management pointed to the ongoing momentum at the Durango Casino & Resort, which continues to attract new customers and bolster the Station Casinos brand. CFO Stephen Cootey emphasized that “the property remains on a solid ramp trajectory” and highlighted increased visitation and engagement from carded customers as key drivers. The company also noted that its operational discipline and expense management, including flat cost of goods sold and a notable reduction in utility costs, contributed to strong profitability for the quarter.

Schneider’s first quarter was marked by steady execution across its core segments, with management emphasizing structural changes designed to restore margins and enhance operational resilience. CEO Mark Rourke attributed improved earnings to cost containment, disciplined price management, and contributions from the Cowan Systems acquisition, which delivered immediate synergies. Rourke noted, “Truckload earnings improved nearly 70% year-over-year,” highlighting both efficiency gains and pricing actions. Despite some weather-related disruptions, management pointed to growth in dedicated and intermodal operations, along with gains from integrating digital tools and automation, as central to the quarter’s performance.

OSI Systems delivered a positive start to the year, as both revenue and adjusted earnings surpassed Wall Street expectations, prompting a significant market response. Management credited the quarter’s performance to strong execution in its security and optoelectronics divisions, with robust bookings and recurring service revenues as particularly notable contributors. CEO Ajay Mehra highlighted that the company’s large backlog and diversified customer base supported momentum despite a challenging comparison period and ongoing international trade uncertainty. CFO Alan Edrick added, “The increase in our service revenues is almost entirely related to our security division,” noting this recurring revenue offers higher margins as more products roll off warranty.

Itron’s first quarter performance was met with a negative market reaction, as the company reported flat year-over-year sales that fell short of Wall Street’s revenue expectations. Management pointed to a favorable product mix and disciplined manufacturing as key contributors to record gross and operating margins, with CEO Tom Deitrich highlighting “strong execution” and the company’s ability to meet utility customers’ evolving infrastructure needs. The outcomes segment delivered double-digit growth, but management noted that last year’s unique supply-constrained environment created a challenging comparison for several business lines.

CRA International’s first quarter results were well received, as the company surpassed Wall Street’s expectations for both revenue and non-GAAP earnings. Management attributed this performance to strong execution across a diversified portfolio, with notable double-digit growth in the energy, finance, intellectual property, and life sciences practices. CEO Paul Maleh highlighted that international operations delivered nearly 20% revenue growth year-over-year, complementing robust demand for antitrust and regulatory consulting services. Maleh stated, "Broad-based contributions drove the quarter’s strong performance," emphasizing the portfolio’s resilience even as project lead flow accelerated after a slow January.

Arrow Electronics delivered first quarter results that exceeded Wall Street’s expectations, with management crediting both segments for the outperformance. CEO Sean Kerins cited improving demand in global components—especially in EMEA (Europe, Middle East, and Africa) and industrial markets—as key contributors. The enterprise computing solutions division also posted year-over-year billings growth, supported by strong cloud and infrastructure software demand. Kerins emphasized the impact of disciplined expense management and value-added supply chain services, noting, “Our value-added offerings, namely supply chain management and integration services, were once again accretive to our operating results.”

Insight Enterprises’ first quarter results disappointed the market, as revenue declined year over year and missed Wall Street’s expectations. Management cited delays in large enterprise services projects and a tough comparison from a major software transaction in the prior year as key factors impacting performance. CEO Joyce Mullen noted, “Since our last earnings call, the outlook for the macro environment has deteriorated, resulting in increased volatility and uncertainty.” Despite these challenges, the company achieved its non-GAAP profitability targets through expense management and reported momentum in hardware demand.

W.W. Grainger’s first quarter results aligned with Wall Street’s revenue expectations and delivered a modest beat on non-GAAP earnings, prompting a positive market reaction. Management credited stable customer demand and continued growth in its Endless Assortment segment, particularly Zoro U.S., as key contributors. CEO Donald Macpherson emphasized the company’s ability to support customers amid a “highly fluid” macro environment, highlighting the importance of on-site execution and resilient supply chains. CFO Deidra Merriwether noted gross margin improvements in both segments, with favorable product mix and ongoing supplier negotiations helping to offset higher selling, general, and administrative costs.

Sotera Health’s first quarter results were well received by the market, as the company’s revenue and non-GAAP profit surpassed Wall Street’s expectations. Management credited this performance to stable demand across its sterilization and lab testing services, with Sterigenics benefiting from favorable pricing and steady volume trends. CEO Michael Petras highlighted the company’s ability to deliver “mid-single digit top-line growth and double-digit bottom line growth on a constant currency basis,” while also noting strong customer relationships and operational execution as contributing factors. Notably, the Nordion segment saw higher-than-anticipated revenue due to a shift in the timing of Cobalt-60 shipments, though this is expected to balance out over the coming quarters.

MGP Ingredients’ first quarter results were met with a positive market response, as management highlighted early progress in stabilizing its core business segments despite a pronounced revenue decline. CEO Brandon Gall credited the company’s proactive efforts in focusing on premium spirits brands such as Penelope, El Mayor, and Rebel 100, as well as streamlining operational processes in its distilling and ingredient businesses. Gall emphasized that “signs of positive progress across all three of our businesses” were visible, and noted that productivity initiatives and targeted brand investments helped cushion the impact of industry-wide whiskey inventory overhang and weather-related supply disruptions.

Leonardo DRS delivered a strong first quarter, driven by robust domestic defense demand and solid operational execution. Management attributed the better-than-expected results to sustained customer interest across its advanced infrared sensing, electric power, and propulsion systems, as well as tactical radar offerings. CEO Bill Lynn pointed out that the company achieved its 13th consecutive quarter with a book-to-bill ratio above one, fueling a record backlog. Favorable timing of material receipts and improved supplier deliveries also contributed to the quarter’s revenue growth, while operational improvements and disciplined program execution supported the expansion in operating margin.

Hilton Grand Vacations' first quarter results for 2025 were marked by flat year-over-year revenue and non-GAAP earnings that missed Wall Street expectations, yet the market responded favorably. Management attributed the quarter’s performance to process improvements that boosted transaction activity and value per guest, as well as robust demand from existing members. CEO Mark Wang cited “an acceleration in transactions, VPG growth, and sales growth in the quarter,” highlighting the benefits of recent operational initiatives and continued strength in vacation package sales. While macroeconomic volatility was acknowledged, the company pointed to stable arrival trends and strong engagement among its prepaid member base as key drivers.

Belden delivered a first quarter that exceeded Wall Street’s revenue and profit expectations, with the market responding positively to the results. Management attributed the strong performance to continued progress in its solutions transformation, particularly in driving organic growth in the Americas and expansion of gross margins. CEO Ashish Chand pointed to the company's ability to deliver comprehensive solutions across industrial and enterprise environments, highlighting a major automated warehouse customer win as an example of how Belden’s broad portfolio is creating incremental business opportunities. Management also noted that a favorable product mix and disciplined execution led to improved operating margins and cash flow.

Distribution Solutions' first quarter results reflected solid sales growth but missed Wall Street’s expectations for both revenue and non-GAAP profit. Management cited ongoing integration of recent acquisitions and the impact of shifting trade policies as key factors shaping quarterly performance. CEO Bryan King highlighted that customer caution around purchasing decisions, combined with operational investments in salesforce expansion and technology, influenced results. "Our first quarter financial results were in line with our expectations, with revenue a slight bit softer than our budget, but EBITDA slightly ahead," King noted. The company emphasized that tariff-related uncertainty and integration efforts, particularly in Canada, also weighed on margins and sales trends in select business units.

Frontdoor delivered a first quarter that exceeded Wall Street’s expectations, with management attributing the outperformance to continued growth in its member base, operational improvements, and product innovation. CEO William Cobb highlighted the company’s ability to increase direct-to-consumer (DTC) members despite a challenging housing market and broader macroeconomic pressures. Initiatives such as targeted marketing for the American Home Shield brand and enhanced digital engagement, including app-based video chat, were emphasized as key contributors to the positive momentum.

Hubbell’s first quarter results fell short of Wall Street’s expectations, prompting a negative market reaction. Management attributed the performance to persistent cost inflation from raw materials and tariffs, as well as anticipated softness in grid automation. CEO Gerben Bakker noted that while Electrical Solutions delivered mid-single-digit organic growth, grid infrastructure only returned to organic growth after a period of customer inventory normalization. Utility Solutions faced a challenging comparison due to last year’s strong results in grid automation, creating a headwind for overall sales. However, Bakker emphasized, “Our segment unification efforts and our strategy to compete collectively are driving outgrowth in key vertical markets, most notably evidenced by strong data center growth in first quarter.”

Fortive’s first quarter results were met with a negative market reaction, as the company missed Wall Street’s revenue expectations and faced a year-on-year sales decline. Management attributed the softness primarily to delayed customer investments in its Precision Technologies segment, citing increased political and macroeconomic uncertainty. CEO Jim Lico highlighted, "We saw customers in Precision Technologies delay investments in light of increased political and macroeconomic uncertainty, putting a halt to the momentum we had seen in the second half of 2024." Meanwhile, Intelligent Operating Solutions and Advanced Healthcare Solutions segments showed relative stability, supported by recurring revenue streams and product innovation.

Parker-Hannifin’s first quarter results were met with a positive market response, as the company delivered improved profitability despite a modest sales decline. Management attributed the performance to disciplined cost management, record operating margins, and robust growth in the aerospace segment. CEO Jennifer Parmentier highlighted that “aerospace continues to be the primary driver of segment operating margin dollar growth,” while noting that industrial businesses also achieved record segment margins despite topline pressure. The company’s focus on operational improvements and its diversified portfolio helped mitigate the impact of lower industrial demand.

AGCO’s first quarter results were met with a positive market reaction, with management attributing this to disciplined cost controls and ongoing dealer inventory reductions amid challenging agricultural equipment demand. CEO Eric Hansotia highlighted that despite a sharp decline in sales, the company made progress in aligning production with softer market conditions and accelerating working capital improvements. Management pointed to cost-saving initiatives, improved product mix—particularly in Europe—and early signs of recovery in key regions like Brazil as contributors to the quarter’s operational outperformance.

Baxter’s first quarter saw revenue and adjusted profit both exceed Wall Street expectations, but the market responded cautiously to the results. Management attributed the quarter’s performance to strong execution in Medical Products & Therapies as well as Healthcare Systems & Technologies, highlighting robust demand for infusion systems and progress in stabilizing IV solutions supply after earlier disruptions. Interim CEO Brent Shafer noted, “Our results reflect the building momentum of our strategic transformation journey,” while COO Heather Knight emphasized that distributor inventory rebuilds and targeted product launches, particularly in U.S. infusion systems, played central roles in the quarter’s outcome.

Laureate Education’s first quarter results were received positively by the market, as the company surpassed Wall Street’s revenue and profit expectations despite reporting a year-over-year sales decline. Management attributed the quarter’s outcomes to robust enrollment growth in both Mexico and Peru, particularly within fully online programs targeting working adults. CEO Eilif Serck-Hanssen emphasized that the company’s business model remains resilient even amid economic uncertainty, noting, “families tend to prioritize education over other forms of discretionary spending.” The strong demand for digital offerings and higher education’s perceived value were central to the company’s performance this quarter.

Huntington Ingalls’ first quarter results reflected a mix of operational progress and ongoing challenges across its shipbuilding and defense technology segments. Management attributed the modest year-on-year sales decline primarily to lower volumes at Newport News and Ingalls Shipbuilding, along with the normalization following nonrecurring sales in the prior year. CEO Chris Kastner emphasized that atypical weather impacted Newport News schedules, while ongoing supply chain delays—especially late-arriving equipment for CVN 80—limited productivity. Despite these headwinds, the company improved segment operating income, driven by stronger performance in Mission Technologies’ cyber and uncrewed systems, and maintained stable operating margins. Kastner highlighted, “We made progress against our goal of improving shipbuilding throughput by 20% year-over-year,” pointing to hiring more experienced labor and successful outsourcing as key contributors.

Biogen’s first quarter results outpaced Wall Street’s expectations, prompting a positive market reaction. Management highlighted the expanding contribution from its newer neurology and rare disease products, such as LEQEMBI, SKYCLARYS, and ZURZUVAE, which now comprise nearly half of product revenue. CEO Chris Viehbacher described this as evidence of a “new Biogen” emerging, with these products gaining commercial traction and benefiting from expanded approvals, particularly in Europe and Brazil. Management also pointed to ongoing strength in the U.S. demand for SPINRAZA and VUMERITY, despite competitive pressures and generic launches weighing on the legacy multiple sclerosis franchise.

Hayward’s first quarter results were well received by the market, with management attributing growth to a combination of robust aftermarket demand, successful price increases, and effective cost controls. CEO Kevin Holleran pointed to strong performance in both North America and international markets, highlighting gains across key product categories like pumps, lighting, automation, and sanitization. The company’s ability to navigate a challenging tariff environment—through supply chain adjustments and targeted pricing actions—also contributed to margin stability. Holleran emphasized, “We delivered solid profitability in our seasonally softest quarter with gross profit margins increasing to 49.5% and adjusted EBITDA margins increasing to 21.5%.”

Sirius XM’s first quarter results were met with a negative market reaction, as revenue declined year-over-year and fell short of Wall Street expectations. Management attributed the softness to lower subscriber and equipment revenue, modest advertising trends, and ongoing macroeconomic uncertainty. CEO Jennifer Witz highlighted a significant improvement in in-car subscriber churn and stable customer satisfaction, noting that “churn improved 18 basis points, rounding to 1.6% in the first quarter,” even after recent price increases. The company’s core in-car business offset declines in streaming-only subscribers, while advertising revenue remained essentially flat, weighed down by softness in travel, auto, and retail sectors.

OneWater Marine’s first quarter results were met with a significant negative market reaction, as the company fell short of Wall Street’s revenue and profit expectations. Management attributed the flat year-on-year sales to persistent macroeconomic headwinds and a competitive promotional environment, particularly in key markets like West Florida. CEO Austin Singleton pointed to ongoing challenges in same-store sales and lingering effects from recent hurricanes, but noted that OneWater continued to outperform broader industry trends in unit sales declines. The company’s strategy of inventory and brand rationalization was highlighted as a key operational focus, with Singleton emphasizing, “Our teams across the country continue to execute on our inventory and brand rationalization strategies, where we are seeing tangible benefits.”

AAON’s first quarter results prompted a sharply positive market response, as the company’s revenue and adjusted profitability exceeded Wall Street expectations. Management attributed the outperformance to surging demand for BASX-branded data center cooling solutions and operational efficiency gains in its Oregon and Texas facilities. However, AAON-branded rooftop unit production was held back by weak bookings in the prior quarter and ongoing supply chain constraints linked to the industry’s refrigerant transition. CEO Gary Fields highlighted that “sales of BASX-branded equipment were up 374.8%,” while the Oklahoma segment experienced margin compression due to reduced volumes and overhead absorption.

IDEX’s first quarter results were well received by the market, with both revenue and adjusted earnings surpassing Wall Street expectations. Management credited this performance to resilient demand across core end markets such as space, defense, municipal water, and fire and safety, alongside steady order rates and backlog growth. CEO Eric Ashleman highlighted the company’s ongoing efficiency initiatives, including platform optimization and organizational delayering, which helped offset volume-related margin pressures. The company also pointed to a record order book and the successful integration of its recent Mott acquisition as contributors to the quarter’s results.

Organon's first quarter results prompted a significant negative market reaction, despite earnings coming in above Wall Street expectations. Management pointed to ongoing pricing pressure, the loss of exclusivity for key cardiovascular drugs, and increased commercial investment in recently acquired assets as primary factors behind the year-over-year revenue decline and operating margin compression. CEO Kevin Ali described the environment as "volatile" and acknowledged that external uncertainty, alongside internal restructuring, shaped the quarter's performance. While products like Nexplanon and Vtama showed growth, overall results reflected headwinds across legacy brands and regional markets.

Enviri’s first quarter results drew a positive market response, as the company delivered better-than-expected adjusted earnings despite a year-over-year decline in sales. Management credited the strong performance to Clean Earth’s margin expansion and resilient volumes, while Harsco Environmental managed through persistent global steel industry challenges. CEO Nick Grasberger highlighted that Clean Earth’s commercial initiatives and improved operational efficiency were key contributors this quarter, with the segment achieving record first-quarter results.

Broadridge’s first quarter results drew a negative market reaction, reflecting disappointment over revenue falling short of Wall Street expectations. Management attributed the slower top-line growth to elongated sales cycles and a shift in timing of certain license renewals, while also highlighting the resilience of its recurring revenue base. CEO Tim Gokey emphasized the company’s “strong scalability” and noted that volatility in trading volumes and the acceleration of smaller account growth contributed to operational momentum. CFO Ashima Ghei pointed to disciplined expense management and a strategic reduction in the company’s distribution footprint as additional factors influencing quarterly performance.

Builders FirstSource’s first quarter results were met with a negative market reaction, reflecting investor concerns about continued sales declines and margin pressure. Management attributed the 6% year-on-year revenue decrease to persistent softness in single-family and multifamily housing starts, as well as commodity deflation and severe weather disruptions. CEO Peter Jackson highlighted, “Our team’s ability to drive resilient results, despite external headwinds, reflects our focus on execution, operational rigor and customer success.” The quarter was further shaped by normalization in margins following heightened levels during recent industry upswings, with operating margin dropping to 5%.

Shake Shack’s first quarter drew a positive stock market reaction, despite the company missing Wall Street’s revenue and non-GAAP earnings estimates. Management credited operational efficiency and disciplined cost controls for driving margin improvement, even as weather and macroeconomic headwinds pressured guest traffic. CEO Rob Lynch pointed to enhanced labor models and supply chain initiatives, emphasizing that Shake Shack achieved its highest first-quarter restaurant-level profit margin since 2019. Lynch noted, “Our teams grew restaurant-level profit margins by 120 basis points year-over-year to 20.7%,” highlighting the impact of productivity gains and menu strategy.

Church & Dwight’s first quarter results were met with a negative market reaction, as the company’s sales fell below Wall Street expectations amid ongoing retail destocking and softening consumer demand in the United States. Management pointed to a 300 basis point drag on organic growth from retailers reducing inventory and highlighted persistent weakness in core U.S. product categories. CEO Rick Dierker acknowledged, “In the U.S., consumer spending continues to sequentially weaken,” and noted that the company’s strong brand performance was not enough to offset these headwinds. While Church & Dwight gained market share in several categories, the company faced challenges in its vitamin and dry shampoo businesses, where supply chain issues and competitive pricing impacted results.

Quanta’s first quarter results were met with a strong positive reaction from the market, underscored by double-digit revenue growth and robust order activity. Management attributed the performance to rising demand for grid modernization and essential infrastructure upgrades, particularly from utilities and data center operators. CEO Duke Austin emphasized the company’s ability to deliver “comprehensive self-perform infrastructure solutions,” noting that Quanta’s integrated approach and skilled labor force provided a competitive edge in tackling large, complex projects. The company also highlighted the benefits of its diversified portfolio, with continued momentum across renewable energy, transmission, and technology-driven projects.

Trinity’s first quarter was marked by a notable year-over-year decline in sales, as external railcar deliveries slowed and customers took longer to commit to new orders. Despite these challenges, management pointed to improvements in operating margin, crediting cost controls and a resilient leasing platform. CEO Jean Savage emphasized, “Despite 38% fewer external deliveries year-over-year, our EPS was only down 12%, highlighting the strength and resilience of our platform.” Weather disruptions and a heavy tank car compliance cycle further pressured short-term results, yet utilization in the leasing fleet remained high as customers retained existing equipment.

AMETEK’s first quarter saw sales remain flat year on year, missing Wall Street’s revenue expectations, though adjusted earnings per share came in ahead of consensus. Management attributed steady operational performance to robust margin expansion, strong order growth, and improved free cash flow generation. CEO Dave Zapico highlighted that orders increased across most segments, particularly within the Paragon Medical business, which saw a sharp recovery in demand after a period of customer destocking. The company benefited from cost actions and operational improvements, helping drive operating margins higher despite macroeconomic uncertainty and industry-specific headwinds.

Hyatt Hotels’ first quarter results were well received by the market, reflecting stable system-wide revenue and stronger-than-expected profitability. Management credited demand resilience in its luxury segments, robust group and business travel, and effective cost management as key contributors to margin expansion. CEO Mark Hoplamazian highlighted luxury brands’ continued outperformance, with high-end consumers prioritizing travel, while business transient revenue grew 12%, driven by large corporate customers. The company also saw positive momentum in all-inclusive resorts, particularly from international travelers, and noted that its asset-light business model helped deliver more predictable earnings despite macroeconomic uncertainty.

Harley-Davidson’s first quarter was marked by a significant drop in global motorcycle sales and revenue, but better-than-expected profitability, prompting a positive market response. Management attributed the sales decline to historically low consumer confidence in the U.S. and macroeconomic uncertainty, with CEO Jochen Zeitz noting, “Global retail sales were down 21% in Q1 and down 24% in North America, softer than we expected primarily in the US market.” A delay in the model-year 2025 campaign and a strategic reduction in dealer inventories were also central themes, as the company worked to maintain healthier channel inventory levels amid softer demand.

Granite Construction’s first quarter saw revenue growth fall short of Wall Street expectations, but management attributed the performance to strong execution in its project portfolio and improvements in its Materials segment. CEO Kyle Larkin noted that project wins and higher-margin bidding, especially in public markets, supported profitability despite weather-related construction delays in March. Management emphasized that margin gains reflected both operational discipline and a strategic shift away from riskier, long-term contracts. CFO Staci Woolsey highlighted that improved execution and a higher-quality project mix resulted in better gross profit and positive operating cash flow, even in a typically slow quarter.

Cardinal Health’s first quarter results were received positively by the market, with management attributing performance to strong execution in its Pharmaceutical and Specialty Solutions business and profit growth across all five operating segments. CEO Jason Hollar highlighted that the onboarding of new large customers and the integration of recent acquisitions, such as GI Alliance and Integrated Oncology Network, contributed to both top-line and segment profit gains. CFO Aaron Alt noted that operating leverage was achieved through a combination of disciplined cost control and efficiency initiatives, especially in the face of a flat revenue environment.

Scorpio Tankers’ first quarter results were received positively by the market, with management attributing performance to a combination of strong product tanker earnings and a focus on operational efficiency. CEO Emanuele Lauro noted that structural changes, such as refinery closures, have increased demand for seaborne transportation of refined products, even as policy shifts and geopolitical developments have introduced greater uncertainty. Operational improvements, including the completion of drydock upgrades on a significant portion of the fleet, also contributed to the company’s ability to maintain vessel efficiency and reduce repositioning costs.

Eli Lilly’s first quarter saw rapid revenue growth, but the market responded negatively due to profit shortfalls and emerging competitive pressures. Management credited the surge in sales to the continued success of its diabetes and obesity medicines, particularly Mounjaro and Zepbound, which now account for a significant portion of total revenue. However, executives also acknowledged that higher marketing and R&D spending, as well as elevated costs tied to launching new products and acquiring late-stage assets, weighed on profitability. CEO Dave Ricks noted that the company is facing “a lot of investor focus right now on tariffs and trade,” while CFO Lucas Montarce cited a “26% increase in marketing, selling and administrative expenses” as Lilly ramped up promotion for new launches.

Hershey's first quarter results drew a negative market reaction, reflecting a combination of ongoing consumer weakness and cost pressures highlighted during the earnings call. Management attributed the decline in sales volumes to reduced consumer demand, particularly in the instant consumable chocolate segment and broader retail channels. CEO Michele Buck noted, “January and February were the worst months,” with some improvement seen later in the quarter, driven by enhanced promotional activity and shelf placement. Additionally, CFO Steve Voskuil cited significant operating margin compression, largely due to increased raw material costs, notably elevated cocoa prices, and higher selling, general, and administrative expenses as the company lapped a period of lower marketing spend last year.

Vontier’s first quarter results were met with a positive market reaction, as the company delivered better-than-expected revenue and non-GAAP earnings per share despite a modest decline in sales year over year. Management identified low-double digit growth in its Mobility Technologies business and steady demand in Environmental & Fueling Solutions as key contributors. CEO Mark Morelli highlighted the success of new product introductions and strong channel checks, noting that “underlying demand trends in Q1 were strong, slightly ahead of our expectations.” The company also cited the resilience of its core Convenience Retail & Fueling end market and effective supply chain mitigation as factors supporting performance.

Applied Industrial’s first quarter results met Wall Street’s revenue expectations but drew a negative market reaction, with shares falling sharply after the announcement. Management attributed the soft performance to ongoing weakness in key industrial markets, particularly in its Engineered Solutions segment, which continued to face slowdowns in OEM fluid power demand and delayed project activity. CEO Neil Schrimsher described the environment as “muted and evolving,” noting that operational discipline and continued focus on gross margin initiatives helped offset sluggish organic growth. The company also highlighted improving order activity in some end markets, but acknowledged that demand trends remain volatile and difficult to predict.

Moderna’s first quarter results were met with a negative market reaction, as revenue fell short of Wall Street expectations and declined sharply versus the prior year. Management attributed the performance primarily to the seasonal nature of respiratory vaccine sales and lower overall COVID vaccination rates, which have become more routine rather than urgent. CEO Stephane Bancel pointed to progress in cost reduction efforts, highlighting a 19% reduction in combined cost of sales, research and development, and selling, general and administrative expenses as a sign of ongoing financial discipline.

Utz’s first quarter faced a negative market reaction, with management attributing the results to shifts in consumer value-seeking behavior and ongoing investments in expansion geographies. CEO Howard Friedman noted that while core volume share held steady, untracked channels such as natural, discount, and club contributed significantly to organic sales growth. The company’s bonus pack program provided a temporary volume lift, particularly in expansion markets, but contributed to lower operating margins and more competitive pricing. Management also highlighted that new product launches, especially within the Boulder Canyon and On The Border brands, continued to gain traction across both tracked and untracked retail channels.

Becton, Dickinson and Company’s first quarter results were met with a sharp negative market reaction, reflecting concerns around revenue performance and margin compression. Management attributed the shortfall primarily to weaker demand in its Life Sciences segment, driven by reduced global research funding and slower-than-expected recovery in diagnostic testing volumes. CEO Tom Polen stated, “We are not satisfied with this quarter’s top-line growth,” highlighting both external pressures—such as changes in U.S. research grant policy—and internal supply chain adjustments. The company also pointed to delays in returning blood culture testing to normal levels, despite resolving earlier supplier issues.

ITT’s first quarter saw a positive market response, as the company delivered flat sales of $913 million—exceeding Wall Street revenue expectations by a small margin. Management attributed stable performance to strong order momentum, especially in the Industrial Process segment and recent acquisitions. CEO Luca Savi highlighted that orders grew 7% overall, with notable contributions from the kSARIA and Svanehøj acquisitions, driving a record backlog. Despite headwinds from lower volumes in auto and aerospace and currency effects, Savi credited “shop floor productivity and price” for supporting margins and noted record free cash flow in the quarter.

ESAB's first quarter saw a positive market reaction, as the company delivered results that surpassed Wall Street’s expectations for both revenue and non-GAAP profit. Management cited robust performance in its global welding equipment and gas control segments, with both achieving mid-single-digit growth. CEO Shyam Kambeyanda highlighted the company's ability to navigate regional challenges, noting that strong execution in Europe, Asia-Pacific, and the Middle East helped offset weaker demand in the Americas. The quarter also benefited from recent acquisitions, which contributed to growth despite ongoing softness in North American volumes.

CVS Health’s first quarter results reflected steady execution across its core businesses, with management highlighting operational improvements in pharmacy, digital engagement, and a disciplined focus on cost control. CEO David Joyner credited the company’s integrated assets and digital tools for driving improved customer experiences and supporting revenue growth. CVS also addressed ongoing challenges in its health insurance segment, particularly with the individual exchange business, which management described as lacking a viable path to profitability. Leadership acknowledged the need to exit unprofitable markets and streamline prior authorization processes, aiming to further reduce friction for patients and providers.