FIX

Toll Brothers, Inc. TOL reported second-quarter fiscal 2026 (ended April 30) results, with earnings and revenues beating the Zacks Consensus Estimate. However, both the top and bottom lines declined on a year-over-year basis.TOL’s top-line beat was underpinned by steady demand across its footprint and a favorable mix that lifted delivered pricing. The company’s average price on home deliveries rose meaningfully from last year, helping cushion the impact of lower unit volume.On a macro level, the company navigated a challenging housing market characterized by pressures such as volatile mortgage rates, elevated inflation and fluctuations in luxury home demand.Following the announcement, shares of TOL gained 2.3% in the after-hours trading session yesterday. The company reported adjusted earnings per share (EPS) of $2.72, which beat the Zacks Consensus Estimate of $2.58 by 5.4% but declined 22.3% year over year. Toll Brothers Inc. price-consensus-eps-surprise-chart | Toll Brothers Inc. Quote In the fiscal second quarter, total revenues of $2.53 billion surpassed the consensus mark of $2.41 billion by 5.1% but fell 7.6% from the year-ago quarter. For the quarter under review, Toll Brothers’ total home sales revenues decreased 7.2% (down from our projection of a 11.5% year-over-year decline) year over year to $2.51 billion from $2.71 billion. Home deliveries declined 14.1% to 2,491 units from 2,899 units in the year-ago quarter (down from our expectation of a 15.4% decline year over year).Despite the lower volume, the average delivered price increased 8% year over year to about $1,008,600 from $933,600, highlighting a favorable pricing and mix backdrop in the luxury segment. Our model had expected ASP to be up 4.5% year over year to $975,900. Order momentum remained a constructive signal for a builder operating in a rate-sensitive environment. Net signed contracts increased 6.9% year over year to 2,834 homes, and contract value rose 8.1% to $2.81 billion, reflecting steady demand from higher-income buyers despite broader affordability pressures. We had projected net-signed contracts to be up 4% in units and 5.1% in value for the quarter.Backlog ended the quarter at 5,394 homes valued at $6.32 billion, down 11% and 7.6%, respectively, from the prior-year period. Even so, the average price of homes in the backlog was $1,171,800, up from $1,128,100 a year ago. Cance...

AECOM ACM reported better-than-expected results for second-quarter fiscal 2026, where both earnings and net service revenues (“NSR”) surpassed the Zacks Consensus Estimate and increased on a year-over-year basis. Revenues also improved from the prior-year quarter. Shares of this global infrastructure leader gained 1.4% in yesterday’s after-hours trading session. Positive investor sentiments were witnessed as the company raised its adjusted EBITDA and adjusted earnings forecast for fiscal 2026. AECOM delivered a record second-quarter performance, supported by strong execution, expanding margins and continued backlog growth. The company’s design pipeline reached another all-time high. Management noted that investments in AI capabilities and the higher-margin Advisory business continue to strengthen the company’s competitive positioning and support long-term growth opportunities. The company reported adjusted earnings per share (EPS) of $1.59, which topped the consensus mark of $1.58 by 0.6% and increased 27% from the prior-year quarter. Revenues of $3.80 billion grew 1% year over year. NSR of $1.95 billion surpassed the consensus mark of $1.93 billion by 1.2% and increased 4% year over year. AECOM price-consensus-eps-surprise-chart | AECOM Quote Total backlog at the fiscal second-quarter end was $26.20 billion, up 8% from the year-ago period. AECOM’s design business delivered a solid 1.2x book-to-burn ratio. This marks the 22nd consecutive quarter with a book-to-burn ratio above 1.0, reflecting sustained demand. Additionally, the company’s design pipeline increased double digits and reached a record level. This growth is being driven by strong funding across the company’s major markets and an expanding addressable market opportunity. Americas’ revenues were $2.91 billion during the reported quarter, up 1% from the prior-year quarter’s levels. NSR of $1.19 billion moved up 5% year over year, driven by 8% growth in the Americas design business. Adjusted operating income of $239 million was up 10% year over year. Adjusted operating margin (on an NSR basis) expanded 60 basis points (bps) year over year to a new high of 20%. This growth was driven by continued focus on operational efficiencies and strong returns on investments supporting organic growth initiatives. The total backlog at the end of the fiscal second quarter increased 2% year over year to a record hig...

Fluor Corporation FLR delivered a weak first quarter of 2026, with adjusted earnings and revenues missing the Zacks Consensus Estimate and declining on a year-over-year basis. Fluor's first-quarter results were pressured by an adverse legal ruling tied to legacy Afghanistan-related work, which resulted in a meaningful charge during the quarter. The Urban Solutions segment faced a setback as declining field productivity on a mining project in the Americas led to higher expected completion costs and a related charge. Results were further weighed down by higher corporate general and administrative expenses, mainly due to stock-based compensation linked to share price appreciation. Geopolitical uncertainty also slowed development on a major project in Pakistan and remains a risk to supply chains and client capital spending. However, performance was supported by proceeds from the China fabrication yard sale and the monetization of its remaining stake in NuScale Power. Higher profits in Energy Solutions, driven by favorable project closeouts and improved project selectivity, with stronger margins on new awards, also supported results. Following the results, shares of FLR declined 15.2% during trading hours on Friday. The company reported adjusted earnings per share (EPS) of 14 cents, missing the Zacks Consensus Estimate of 66 cents by 78.8%. In the year-ago quarter, it reported an adjusted EPS of 73 cents. Fluor Corporation price-consensus-eps-surprise-chart | Fluor Corporation Quote Revenues were $3.66 billion, down 8% year over year and 3.6% shy of the consensus mark of $3.8 billion. Operationally, results were weighed by a sizeable litigation-related charge and cost growth on a mining project. Still, Fluor ended the quarter with a backlog of $25.7 billion, 82% of which was reimbursable, underscoring its continued bias toward risk-mitigated contracting. Urban Solutions generated revenues of $2.44 billion, up 13% year over year, but segment profit slid to $6 million after a $37 million impact tied to a fixed-price mining project in the Americas. Urban Solutions posted $2.1 billion of new awards in the quarter, including a metals project in the Middle East, incremental work on a pharmaceutical facility and an infrastructure expansion for a mining facility in Chile. The ending backlog for the segment was $19 billion, representing 74% of the total company backlog. E...

Innodata Inc. INOD delivered first-quarter 2026 results with adjusted earnings per share (EPS) and revenues topping the Zacks Consensus Estimate, supported by strength in AI-related data services. Meanwhile, both the top and bottom lines grew year over year. INOD stock gained 27.2% during yesterday’s after-market trading session. The quarter’s upside was driven by higher volumes for AI-related data services, including the expansion of existing customer programs and new client engagements supporting more complex AI workflows. Management framed the demand environment as increasingly tied to training and post-training needs, as well as evaluation and deployment support for advanced AI systems. INOD also noted that it now reports as a single operating segment, reflecting a more integrated operating model and a shift in how the chief executive reviews performance and allocates resources. That reporting change underscores how the company views its platforms, delivery infrastructure and workforce as increasingly shared across offerings. The company reported an adjusted EPS of 42 cents per share, up 90.9% year over year, and topped the Zacks Consensus Estimate of 13 cents by 223.1%. Innodata Inc price-consensus-eps-surprise-chart | Innodata Inc Quote Revenues rose 54.4% year over year to $90.1 million and surpassed the consensus mark of $76 million by 18.6%. The quarter highlighted both scale and concentration. One customer generated approximately 56% of total revenues in the first quarter of 2026, while another contributed about 17%. That concentration matters because program ramps and customer pacing can have an outsized effect on quarterly results. Geographically, the business remained heavily U.S.-centric. Revenues from customers domiciled in the United States were $79.2 million. Canada added $3.1 million, while the United Kingdom and the Netherlands contributed $2.8 million and $2.4 million, respectively, with other European countries totaling $2.6 million. Cost growth followed the revenue ramp, but margins still improved. Direct operating costs rose to $50.3 million from $35.1 million a year ago, reflecting higher labor needs tied to expanded AI service volumes. Management cited headcount growth as a key driver, alongside higher cloud service subscriptions and increased depreciation and amortization from capitalized developed software. Despite that cost pressu...

Comfort Systems USA, Inc. (NYSE:FIX) is one of the 10 Mid-Cap Stocks That Are On Fire Right Now. On April 24, Stifel reiterated its Buy rating on Comfort Systems USA, Inc. (NYSE:FIX) with a price target of $1,819 on the stock after the company reported its Q1 results. The company posted revenue of $2.87 billion for the first quarter of 2026, beating market expectations of $2.40 billion. Total revenue rose 57% compared to the same period last year. This performance was supported by organic growth of 52% and acquisitions adding 500 basis points. The technology end market saw strong growth, rising 139% year-over-year. It made up about 56% of sales during the quarter, with most of the demand coming from data center projects. Adjusted EBITDA reached $524 million, beating the $355 million market estimate, supported by better-than-expected gross margins. Profitability in the first quarter was also supported by around $43 million of unusual closeout and change order benefits, which added nearly $1 per share to earnings. Comfort Systems USA, Inc. (NYSE:FIX) grew its total backlog by 81% year-over-year, with the Mechanical segment rising 84% and the Electrical segment increasing 70%. New project awards increased 24% compared to the same period last year. Mechanical awards were up 37%, while Electrical awards declined by 7%. Stifel analyst Brian Brophy said that revenue exceeded expectations in both segments. Comfort Systems USA, Inc. (NYSE:FIX) is a leading building and service provider for mechanical, electrical and plumbing building systems. The company offers commercial, industrial and institutional heating, ventilation, air conditioning, and electrical contracting services. While we acknowledge the potential of FIX 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: 10 Best American Tech Stocks to Buy and 10 Best Medical Stocks to Buy Under $30. Disclosure: None. Follow Insider Monkey on Google News.

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Comfort Systems USA (FIX) is back in focus after a strong first quarter earnings beat, a higher quarterly dividend, and a growing backlog tied to data center projects and modular construction expansion. See our latest analysis for Comfort Systems USA. The strong first quarter beat, higher dividend, and years long buyback program have coincided with sharp share price momentum. This includes a 30 day share price return of 40.26% and a 1 year total shareholder return that is very large relative to the starting point. This suggests sentiment has become much more optimistic. The 3 year and 5 year total shareholder returns show that long term holders have already seen very substantial gains. If you are looking beyond Comfort Systems USA and want to see what else is moving around the build out of digital and power infrastructure, it is a good time to scan 34 power grid technology and infrastructure stocks After a share price surge and a very high recent total return, Comfort Systems USA is now trading close to analyst targets and appears expensive. Is this renewed strength an opportunity, or is the market already pricing in future growth? Comfort Systems USA last closed at $2,011.49, while the most followed narrative anchors fair value at $1,150 using a discount rate of 8.48%, which sets up a wide valuation gap. Read the complete narrative. Want to understand why this story still supports a rich valuation even at today’s price? The narrative leans heavily on double digit growth, rising margins, and a future earnings multiple that assumes Comfort Systems USA keeps converting a large backlog into higher profitability. Curious which revenue mix, margin path, and valuation multiple have been baked in to justify that $1,150 figure. Result: Fair Value of $1,150 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this story can be knocked off course if technology or data center demand cools, or if labor shortages and higher input costs start to squeeze margins. Find out about the key risks to this Comfort Systems USA narrative. Sentiment in this story is mixed, with strong recent returns but clear concerns around execution and demand. Check the data yourself and decide where you stand, then take a closer look at the...

Jacobs Solutions Inc. J delivered strong second-quarter fiscal 2026 (ended March 27, 2026) results, with adjusted earnings and revenues topping the Zacks Consensus Estimate and improving year over year. Jacobs delivered strong top-line growth as healthy demand persisted across priority markets, led by data center and semiconductor activity, with additional support from water, power and transportation. Growth within Infrastructure & Advanced Facilities remained broad-based, highlighted by notable wins including a major wastewater treatment program in San Francisco, a water regulation contract in the United Kingdom, and multiple hyperscaler-related data center awards. The company reported adjusted earnings per share (EPS) of $1.75, up 22.4% from the year-ago level, and beat the consensus mark of $1.64 by 6.7%. Jacobs Solutions Inc. price-consensus-eps-surprise-chart | Jacobs Solutions Inc. Quote Gross revenues rose 27% year over year to $3.7 billion and surpassed the consensus estimate of $3.25 billion by 13.8%. Adjusted net revenues of $2.3 billion were also up 8.8% year over year. Backlog increased 21.7% year over year to a record $27 billion, underscoring healthy award activity and visibility. Profitability improved year over year as Jacobs benefited from operating discipline and a favorable mix. Adjusted EBITDA rose 14.2% from a year ago to $327.2 million, while adjusted EBITDA margin expanded 70 basis points to 14.1% on adjusted net revenues. At the segment level, Infrastructure & Advanced Facilities operating profit improved, with margin expanding modestly as project execution held up. PA Consulting also remained a margin-accretive contributor, with operating profit rising and margin staying above 22%, helping lift consolidated profitability despite integration-related items tied to the PA transaction. Infrastructure & Advanced Facilities (I&AF): Segment revenues totaled $3.34 billion, up 28.2% year over year from $2.60 billion. Excluding $1.37 billion of pass-through revenues, adjusted net revenues were $1.97 billion. I&AF segment operating profit increased 11.4% year over year to $225.2 million from $203.3 million. Operating profit as a percentage of adjusted net revenues improved to 11.4% from 11.1% a year ago, reflecting modest margin expansion. Backlog in the segment rose 21.9% year over year to $26.54 billion as of March 27, 2026. PA Consulting: Se...

Sterling Infrastructure, Inc. STRL delivered a strong first quarter of 2026, with adjusted earnings and revenues topping the Zacks Consensus Estimate and rising sharply year over year. Results were powered by outsized growth in E-Infrastructure Solutions, supported by contributions from the CEC acquisition and solid execution on large, time-sensitive mission-critical work. Additionally, the Transportation Solutions segment benefited from strong performance in the Rocky Mountain market and a strategic shift toward higher-margin projects. Despite record overall performance, the Building Solutions segment remained a headwind. Revenues increased modestly, but adjusted operating income declined sharply year over year due to tough prior-year comparisons and ongoing affordability pressures that continue to weigh on prospective homebuyers. Adjusted earnings were $3.59 per share, beating the consensus mark of $2.29 by 56.8%. In the year-ago quarter, the company reported adjusted earnings per share of $1.63. Sterling Infrastructure, Inc. price-consensus-eps-surprise-chart | Sterling Infrastructure, Inc. Quote Revenues of $825.7 million surpassed the consensus estimate of $585 million by 41.1% and increased 92% from $430.9 million in the year-ago quarter. The recently acquired CEC Facilities Group contributed $156.1 million to revenues during the quarter. Operating leverage stood out in the quarter as profit growth outpaced the top line. Gross profit rose to $194.3 million from $94.8 million a year ago, and gross profit margin improved to 23.5% from 22%, an expansion of roughly 150 basis points. Operating income reached $137.8 million versus $56.1 million in the prior-year quarter. Adjusted EBITDA rose 107% year over year to $166.6 million, and adjusted EBITDA margin improved to 20.2% from 18.6%, up roughly 150 basis points. E-Infrastructure Solutions E-Infrastructure Solutions was the clear catalyst, with segment revenues (which consist of 72% of total revenues) jumping to $597.7 million from $218.3 million in the year-ago quarter. Management attributed the performance to strong execution on large mission-critical projects and the added scale from the recently acquired CEC business. Profitability in the segment also improved meaningfully. Adjusted operating income climbed to $140.3 million from $50.6 million, reflecting the margin profile of mission-critical work and...

Weyerhaeuser Company WY reported mixed first-quarter 2026 results with adjusted earnings topping the Zacks Consensus Estimate, while the revenues marginally missed the same. Year over year, the bottom line remained flat while the top line declined. The quarter’s tone was shaped by a sharp sequential recovery in profitability, with adjusted EBITDA jumping to $308 million, helped by a sizeable conservation easement transaction and improved results across operating segments. The first-quarter adjusted earnings of 11 cents per share remained flat year over year but beat the Zacks Consensus Estimate of 4 cents by 175%. Revenues of $1.727 billion slipped 2% from the year-ago quarter and marginally missed the consensus mark of $1.734 billion by 0.4%. Gross margin expanded to $318 million from $161 million, reflecting better segment contribution and mix. Weyerhaeuser Company price-consensus-eps-surprise-chart | Weyerhaeuser Company Quote Timberlands posted total net sales of $492 million, modestly higher than $487 million sequentially. Earnings before special items improved, with net contribution to pretax earnings before special items rising to $57 million from $50 million, and adjusted EBITDA inching up to $120 million from $114 million. Operationally, the West benefited from slightly higher fee harvest volumes tied to more favorable weather, while overall sales realizations were slightly lower due to the mix. In the South, fee harvest volumes were slightly lower because of adverse weather early in the quarter, while realizations and per-unit log and haul costs were comparable to the prior quarter. Strategic Land Solutions' net sales doubled to $207 million from $103 million in the fourth quarter of 2025 and adjusted EBITDA surged to $193 million from $95 million, driven by a $94 million conservation easement transaction within the Climate Solutions business alongside real estate timing and mix. Real estate activity was also strong in volume. Real estate acres sold jumped to 17,141 compared with 4,135 in the fourth quarter of 2025, while average price per acre declined to $4,015 from $8,561, a mix shift that management characterized as consistent with historical levels. Wood Products results improved meaningfully from the prior quarter as pricing and operating leverage helped margins recover. Segment net sales rose to $1.16 billion from $1.09 billion in the fourth...

CRH plc CRH posted an adjusted loss in the first quarter of 2026, which came in wider than the Zacks Consensus Estimate and the value reported a year ago. On the other hand, total revenues topped the consensus mark and grew year over year. Top-line growth was driven by positive underlying demand and contributions from recent tuck-in acquisitions, with the company highlighting momentum across infrastructure-led end markets. Product revenues climbed year over year, while service revenues were essentially stable, supporting a higher consolidated revenue base compared with the prior-year quarter. That said, the earnings miss underscores that higher activity does not automatically translate into cleaner bottom-line performance in the seasonally softer first quarter. Cost pressures, along with heavier non-cash charges tied to portfolio actions, created a tougher bridge from revenue growth to per-share results. CRH stock inched up 1% during today's pre-market trading hours, following the earnings release. CRH posted an adjusted loss of 20 cents per share, 33% wider than the year-ago adjusted loss of 15 cents per share and below the Zacks Consensus Estimate of a loss of 19 cents per share by 5.3%. Total revenues of $7.37 billion increased 9.1% year over year and topped the consensus mark of $7.15 billion by 3%. CRH PLC price-consensus-eps-surprise-chart | CRH PLC Quote The quarter reflected good early-season project activity and disciplined commercial execution, but higher depreciation and an impairment charge weighed on profitability. A notable bright spot was the adjusted EBITDA margin, which improved 70 basis points (bps) year over year to 8%. CRH’s adjusted EBITDA of $0.6 billion also rose 18% year over year, reflecting operational discipline and acquisition contributions. Below the operating line, interest expense increased from the prior-year period, consistent with higher gross debt balances. The combination of higher non-cash charges and increased net interest costs helps explain why earnings lagged estimates even as the topline advanced. Americas Materials Solutions delivered strong growth, with segment revenues reaching $2.724 billion (up 21% year over year) and adjusted EBITDA of $103 million (up 75%). Management pointed to robust project activity and volume gains across aggregates, asphalt and ready-mixed concrete, alongside contributions from acquisitio...

Quanta Services, Inc. PWR reported a strong first-quarter 2026 performance, driven by solid execution across both of its operating segments. Management said revenue growth and margin performance exceeded its expectations across the business, supported by the company’s solutions-based model and “execution certainty” from its craft-skilled workforce, sending shares up nearly 9.5% in pre-market trading following the announcement. Quanta reported adjusted earnings of $2.68 per share, up 50.6% from $1.78 in the year-ago quarter and ahead of the Zacks Consensus Estimate of $2.04 by 31.4%. Revenues increased 26.3% year over year to $7.87 billion and topped the consensus mark of $6.99 billion by 12.6%. Remaining performance obligations or RPOs were $26.2 billion, reinforcing visibility as Quanta entered the rest of 2026. Quanta Services, Inc. price-consensus-eps-surprise-chart | Quanta Services, Inc. Quote Electric Infrastructure Solutions (which accounted for 82.1% of consolidated sales) remained the primary growth driver in the quarter. Segment revenues rose 30.8% year over year to $6.47 billion from $4.94 billion. Profitability improved as volume scaled. Electric segment operating income climbed 37.5% to $561.1 million from $408.2 million, while operating margin expanded to 8.7% from 8.3%. Underground Utility and Infrastructure Solutions (17.9% of total sales) also delivered solid year-over-year progress. Segment revenues increased 9.1% to $1.41 billion from $1.29 billion. Earnings growth was notable. Segment operating income rose 37.4% to $105.6 million from $76.9 million, driving operating margin to 7.5% compared with 6.0% a year earlier. Scale benefits showed up clearly in consolidated profitability. Gross profit increased to $1.11 billion from $834.0 million in the year-ago quarter. Gross margin expanded to 14.1% from 13.4%, reflecting improved profitability on higher revenue volume. Operating income rose to $338.8 million from $239.1 million, with operating margin improving to 4.3% from 3.8%. Corporate and non-allocated costs were $327.9 million compared with $246.0 million a year ago, and the quarter included higher amortization of intangible assets and non-cash stock-based compensation within those costs. Adjusted EBITDA increased to $686.4 million in the first quarter of 2026 from $503.9 million in the prior-year period, reflecting stronger earnings power...

Vulcan Materials Company VMC posted exceptional first-quarter 2026 results with adjusted earnings and total revenues beating the Zacks Consensus Estimate and increasing year over year. The quarter’s results reflect benefits realized from the aggregates-led business and consistent focus on its strategic disciplines. Besides, efforts to incorporate top-tier innovation and technology advancements also aided the quarter’s financial performance. VMC stock gained 4.8% during today’s pre-market trading hours following its earnings release. VMC reported adjusted earnings of $1.35 per share in the first quarter, beating the Zacks Consensus Estimate of $1.12 by 20.5%. The figure climbed 35% from the year-ago quarter’s adjusted earnings of $1.00. Quarterly revenues were $1.76 billion, up 7.4% year over year and ahead of the consensus mark of $1.67 billion by 5.2%. Aggregates shipments rose to 50.0 million tons, supported by large projects and continued strength in public construction activity. Vulcan Materials Company price-consensus-eps-surprise-chart | Vulcan Materials Company Quote Profitability expanded faster than sales in the quarter. Gross profit increased 15.7% year over year to $422.7 million, helped by higher pricing and disciplined operating execution across the footprint. Operating earnings improved 17.2% to $265.4 million. Net earnings attributable to Vulcan rose to $165.5 million from $128.9 million a year ago, reflecting stronger operating leverage and a cleaner mix of contributions. Adjusted EBITDA increased 8.8% to $447.1 million, and the adjusted EBITDA margin widened to 25.5% from 25.1%, highlighting modest but important margin expansion early in the year. Below-the-line discipline complemented the operational gains. Selling, administrative and general (SAG) expenses were $135.7 million, modestly lower than the prior-year level of $138.3 million. SAG (as a percentage of revenue) improved year over year to 7.7% from 8.5%, signaling better overhead absorption. Depreciation, depletion, accretion and amortization totaled $170.3 million compared with $186.4 million a year ago, and other operating expense, net, rose to $21.3 million from $8.0 million, partially offsetting the year-over-year operating gains. The Aggregates segment again did the heavy lifting. Segment sales increased 8.6% year over year to $1.45 billion, while segment gross profit climbed to...