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Industrials

Advanced Drainage Systems (NYSE: WMS) Q1 Sales Surge 20.6% to $1B, Shares Drop 2.1%

Advanced Drainage Systems Inc. (NYSE: WMS) achieved a significant boost in first-quarter financials, with net sales climbing 20.6% to $1.0 billion compared to $829.9 million a year ago. The company’sEarningsper share (EPS) reached $2.49, exceeding the consensus estimate of $2.13, marking an impressive 22.8% …

Vinay Lochav | 12 August 2026

Astronics Corp (NASDAQ: ATRO) Reports Record $260M Sales, EPS of $0.75

Astronics Corporation (NASDAQ: ATRO) reported a remarkable second quarter, with sales soaring 27% year-over-year to a record $260 million. The strong financial results underscore a significant recovery and growth trajectory for Astronics, validating their strategic initiatives, particularly in the Aerospace sector.

Vinay Lochav | 12 August 2026

Eastern Co (NASDAQ: EML) Reports 45% Backlog Increase to $126.2M

Eastern Co (NASDAQ: EML) reported a 45% increase in backlog to $126.2 million, driven by theAcquisitionof two precision manufacturers and strengthening demand for industrial products. However, the acquisition of new businesses added to aerospace sales, partially offsetting the decline.

Vinay Lochav | 12 August 2026

Stantec (NYSE:STN) Heads Into Earnings With Double-Digit Growth Expectations: Can the Engineering Giant Beat Again?

The consensus circulating ahead of Wednesday's release is for revenue of about $1.30 billion, up 12.75% year over year, and earnings of $1.15 a share, up 17.35%. Those are U.S.-dollar figures, compiled off Stantec's (NYSE:STN) New York listing. Stantec itself reports in Canadian dollars, …

Nitish Kishor | 12 August 2026

Rocket Lab (NASDAQ:RKLB) Hits Record Revenue and a $2.36 Billion Backlog: So Why Did the Stock Get Hit?

Rocket Lab's (NASDAQ:RKLB) second quarter produced $234.07 million of revenue, up 62% on the $144.5 million of a year earlier and 16.8% ahead of the previous quarter's own record. Analysts had estimated about $231.4 million.Gross Profitalmost doubled to $84.6 million,GAAPgross margin of 36.1% beat …

Nitish Kishor | 12 August 2026

Samsung SDI Takes Full Control of GM's (NYSE:GM) Battery Venture as the EV Investment Playbook Changes

Word of the split reached the market early on Tuesday, and within hours it had hardened into something firmer than a report: Samsung SDI confirmed it would acquire GM's (NYSE:GM) 49.99% holding in their joint battery venture, converting it into a wholly owned subsidiary. …

Nitish Kishor | 12 August 2026

Elbit Systems (NASDAQ:ESLT) Hits a Record $32 Billion Backlog as Defense Demand Powers Double-Digit Growth

Elbit's (NASDAQ:ESLT) second-quarter numbers, published on Tuesday morning, were about as clean as a defense contractor's get. Revenue of $2.29 billion was 15.9% higher than the same quarter of 2025 and ahead of the roughly $2.22 billion consensus. Non-GAAPDiluted Earnings per Shareof $4.14 rose …

Nitish Kishor | 12 August 2026

Ferguson (NYSE:FERG) Raises 2026 Guidance After Another Strong Quarter: Can the Infrastructure Giant Keep Delivering?

Ferguson's (NYSE:FERG) reporting calendar has caused some confusion, so it is worth clearing up. The company used to run to a 31 July year-end. That changed from 1 August 2025, when it switched to a calendar year, bridging the gap with a five-month transition …

Nitish Kishor | 12 August 2026

GM (NYSE:GM) Retreats From Another Major Battery Investment: Is the EV Spending Boom Being Rewritten?

Tuesday's news was modest in isolation. GM is selling its 49.99% interest in a New Carlisle, Indiana battery venture; the partner is taking the whole facility, and the two sides announced a joint development agreement on next-generation prismatic cells to replace the ownership tie. …

Nitish Kishor | 12 August 2026

Boeing (NYSE:BA) Makes a Stunning Archer Aviation Move: Why This Physical-AI Deal Could Reshape Its Future

Three of Boeing's (NYSE:BA) more speculative technology bets changed hands on Monday, and not a dollar of cash moved in the process. The manufacturer agreed to sell Wisk Aero, its autonomous air-taxi developer; Insitu, the uncrewed systems maker behind the ScanEagle drone; and SkyGrid, …

Nitish Kishor | 12 August 2026
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