GM

It has been about a month since the last earnings report for Tesla (TSLA). Shares have added about 8% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Tesla due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Tesla, Inc. before we dive into how investors and analysts have reacted as of late. Tesla reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Record second-quarter vehicle deliveries and growth across the energy and services businesses supported the top line. Deliveries increased 25% to 480,126 vehicles. Automotive revenues rose 23% year over year to $20.52 billion. Automotive sales increased to $20.01 billion from $15.79 billion, while leasing revenues declined to $364 million from $435 million. Regulatory credit revenues fell sharply to $146 million from $439 million. Energy Generation and Storage revenues grew 13% to $3.14 billion. Services and Other revenues jumped 50% to $4.58 billion, reflecting higher activity across used vehicles, Supercharging, service centers and insurance. Higher Full Self-Driving subscriptions also aided automotive ancillary sales. Tesla produced 451,758 vehicles, up 10% from the prior-year quarter. Model 3/Y production increased 12% to 442,936 units, while production of other models declined 34% to 8,822 units. Model 3/Y deliveries rose 25% to 467,762 vehicles, while other-model deliveries increased 19% to 12,364 units. Global vehicle inventory improved to 15 days of supply from 24 days a year earlier. The company exited the quarter with its largest order backlog since 2023. Active paid FSD subscriptions increased 56% year over year to 1.48 million. Tesla achieved record FSD subscription additions and more than 55% of its North American deliveries included an FSD subscription at the time of purchase. Energy storage deployments climbed 41% to 13.5 GWh, marking Tesla’s second-highest quarterly deployment volume. The company also expanded its charging network to 8,704 Supercharger stations and 82,357 connectors, representing increases of 18% and 17%, respectively. Gross profit rose 23% to $4.75 billion, but the GAAP gross margin contracted 41 basis points to 16.8%. Operating expenses surged 47% to $4.35 billion, driven by research and development spending related to AI, Cybercab, Optimus and Tesla Semi, as well as higher stock-based compensation and selling and administrative costs. Operating income declined 57% to $398 million, reducing the operating margin to 1.4% from 4.1%. Automotive gross margin excluding regulatory credits was 16.3% compared with 15% a year earlier and 19.2% in the preceding quarter. Energy gross margin fell to 20.4%, partly due to a roughly $240 million warranty charge tied to vendor battery-cell issues and the absence of prior-quarter tariff benefits. Services and Other gross margin improved sequentially to a record 14.1%, supported by higher volumes and better fleet cost management. Net cash provided by operating activities increased 85% to $4.70 billion. However, capital expenditures more than doubled to $5.79 billion from $2.39 billion, resulting in negative free cash flow of $1.09 billion. As of June 30, 2026, cash, cash equivalents and short-term investments totaled $43.52 billion, up 18% year over year but down $1.22 billion sequentially. Long-term debt and finance leases, excluding the current portion, were $7.92 billion. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Planned investments include Robotaxi fleet expansion, Optimus production capacity, semiconductor manufacturing, solar production and AI computing infrastructure. Cybercab production has begun at Gigafactory Texas, while Tesla Semi and Megapack 3 remain scheduled to enter production in 2026. The company is installing first-generation Optimus production lines and expanding Robotaxi operations. Since the earnings release, investors have witnessed a downward trend in estimates revision. The consensus estimate has shifted -24.42% due to these changes. At this time, Tesla has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. Following the exact same course, the stock has a score of F on the value side, putting it in the bottom 20% quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Tesla has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Tesla belongs to the Zacks Automotive - Domestic industry. Another stock from the same industry, General Motors (GM), has gained 6.8% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026. General Motors reported revenues of $48.03 billion in the last reported quarter, representing a year-over-year change of +1.9%. EPS of $3.57 for the same period compares with $2.53 a year ago. General Motors is expected to post earnings of $3.37 per share for the current quarter, representing a year-over-year change of +20.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +4.1%. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for General Motors. Also, the stock has a VGM Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

A month has gone by since the last earnings report for General Motors (GM). Shares have added about 3.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts. General Motors reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Better-than-expected adjusted EBITDA from North America and International segments led to the outperformance. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. Global wholesale volume rose to 990,000 vehicles from 974,000 a year earlier. Adjusted earnings before interest and taxes increased 29.8% year over year to $3.94 billion. The adjusted EBIT margin expanded to 8.2% from 6.4%, reflecting stronger core operating performance. Price contributed $700 million to the year-over-year improvement in adjusted EBIT, supported by GM’s product portfolio and incentive discipline. Cost performance added $300 million, primarily due to lower warranty expenses, reduced tariff exposure and emissions-related regulatory savings. Commodity inflation, logistics expenses, higher memory-chip costs and manufacturing costs tied to U.S. production onshoring partly offset the gains. GM North America generated revenues of $39.91 billion, up 1.1% from the prior-year quarter. Wholesale volume was nearly flat at 848,000 units as a 31,000-unit decline in electric vehicle volume was offset by higher internal-combustion-engine vehicle shipments. The segment’s adjusted EBIT surged 42.7% to $3.45 billion, surpassing the Zacks Consensus Estimate of $3.12 billion. Adjusted EBIT margin improved 250 basis points to 8.6%, aided by pricing, incentive discipline and operating efficiencies. U.S. dealer inventory ended the quarter at 511,000 vehicles, down about 3% year over year and within management’s targeted range of 50-60 days. GM International revenues climbed 11% year over year to $3.69 billion, while wholesale volume increased to 142,000 vehicles from 125,000. Strong execution in South America supported the top line, though shipping disruptions reduced wholesale volume in the Middle East. Adjusted EBIT for the segment declined 6.6% to $190 million, surpassing the consensus mark of $176 million. Meanwhile, GM’s China joint ventures generated equity income of $83 million, up 16.9%. The China business delivered its seventh consecutive profitable quarter, supported by cost efficiencies and product-mix optimization. GM Financial revenues edged up to $4.27 billion from $4.26 billion. Higher net financing revenues and insurance premiums supported results. However, adjusted earnings before taxes fell 14% to $605 million. Increased lease depreciation, higher costs related to insurance operations and a larger provision for loan losses offset the revenue benefits. GM Financial paid a $250 million dividend to its parent during the quarter, bringing first-half dividends to $900 million. OnStar ended the quarter with deferred revenues of $6.3 billion, up nearly 50% year over year. Recognized revenues reached $800 million, increasing more than 20%. The company remained on track to add about 1 million subscribers in 2026. Super Cruise recognized revenues grew roughly 70%, and GM added about 70,000 subscribers during the quarter. The company expects to exceed 850,000 Super Cruise subscribers by year-end, while the attach rate after the three-year prepaid period remained in the 30-40% range. Automotive operating cash flow increased 9% to $5.07 billion. Adjusted automotive free cash flow jumped 78% to $5.03 billion, driven by higher automotive earnings, tariff reimbursement timing and lower capital spending. Capital expenditures totaled $1.92 billion in the quarter. GM repurchased $2 billion of stock and retired approximately 24.9 million shares. The company also distributed about $200 million in dividends. Automotive cash and marketable securities totaled $19.7 billion at quarter-end, while automotive liquidity was $33.6 billion. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50. The company also increased its adjusted automotive free cash flow forecast to $9.5-$11.5 billion from $9-$11 billion. GM continues to expect an 8-10% adjusted EBIT margin in North America and capital spending, including battery joint-venture investments, of $10-$12 billion. Management attributed the improved outlook to strong pricing and warranty performance, along with a slightly better commodity-cost environment. The board also declared a quarterly dividend of 18 cents per share, to be paid out on Sept. 17, 2026, to shareholders of record as of Sept. 4. It turns out, estimates revision have trended upward during the past month. The consensus estimate has shifted 5.57% due to these changes. Currently, General Motors has a nice Growth Score of B, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of A on the value side, putting it in the top 20% for value investors. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, General Motors has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Dana Incorporated DAN shares rose 10% since it reported second-quarter 2026 results. It posted adjusted earnings of 19 cents per share in the quarter, which increased 280% from 5 cents a year ago but missed the Zacks Consensus Estimate of 64 cents by 70.3%. Revenues of $2.01 billion rose 3.9% year over year and beat the consensus mark of $1.89 billion by 6.2%.Pricing and recovery actions, operating improvements and cost savings supported profitability, with the adjusted EBITDA margin expanding 270 basis points to 10.3%. Equity earnings from affiliates declined to $6 million from $23 million, weighing on earnings growth. Dana Incorporated price-consensus-eps-surprise-chart | Dana Incorporated Quote Adjusted EBITDA increased to $207 million from $147 million in the year-ago quarter. Performance contributed $29 million to the improvement, while volume and mix added $10 million and cost savings contributed $19 million. Tariffs and foreign currency added $4 million and $2 million, respectively, while commodities were a $3 million headwind.Year-to-date cost savings reached $54 million, keeping DAN on track for its $65 million 2026 target and the $325 million program goal. Net interest expense declined 59% year over year to $17 million following debt repayment after the Off-Highway divestiture. Light Vehicle sales increased 3.3% year over year to $1.38 billion from $1.34 billion. Segment adjusted EBITDA advanced 27.7% to $143 million from $112 million, showing stronger profit conversion than the sales increase.Dana is also preparing for additional Ford Super Duty volume at Oakville. The company expects low-volume ramp-up production to begin during August, with volumes becoming more meaningful toward year-end, while largely using the existing footprint and capacity supporting U.S. Super Duty production. Commercial Vehicle sales rose 5.2% to $631 million from $600 million a year ago. Adjusted EBITDA climbed 44.7% to $68 million from $47 million as stronger demand supported the segment.Dana expects North American Class 8 industry volume of roughly 275,000 units in 2026, followed by a marginal increase in 2027 and an uptick in 2028. Lower Class 5-7 and bus production is offsetting some of that strength. Operating cash flow improved to $109 million from $32 million, while adjusted free cash flow rose to $68 million from negative $7 million. Working capital and other items provided a $79 million year-over-year benefit, driven mainly by favorable accounts payable timing and lower inventories.The company repurchased 1.2 million shares for $44 million in the quarter. Dana plans about $200 million of additional repurchases before year-end and expects to complete its $2 billion authorization by the end of 2029. DAN now expects 2026 sales of $7.65-$7.85 billion compared to the previous estimate of $7.3-$7.7 billion and adjusted EBITDA of $800-$850 million compared to the prior outlook of $750-$850 million. The sales midpoint increased $225 million from the prior outlook, while the adjusted EBITDA midpoint rose $25 million, primarily reflecting stronger commercial vehicle demand.Adjusted free cash flow is now projected at $275-$375 million, up from the previous outlook of $250-$350 million. However, adjusted earnings are now expected in the range of $1.75-$2.25 per share compared with the previous estimate of $2-$3, with the midpoint revised lower to about $2. Higher depreciation, interest expense, lower equity earnings from China joint ventures and taxes are expected to pressure adjusted net income. Dana and Eaton plan to use a split-off structure for the Mobility transaction, which remains on track to close in the first quarter of 2027. Dana expects at least $250 million of run-rate cost synergies within 24 months after closing, including about $75 million in year one and $200 million by year two.The combined company is targeting $14-$15 billion of sales by 2030. Combined 2026 aftermarket sales are expected to total about $1.7 billion, representing roughly 16% of sales and increasing Dana's exposure to a business management views as higher margin and less cyclical. Dana's aftermarket initiatives with AutoZone, Advance and O'Reilly are delivering $40 million of additional sales. A new partnership with VIPAR is expected to add $10-$15 million of aftermarket sales beginning later in 2026 while expanding distribution reach across its heavy-duty network.Applied Technologies is also benefiting from defense demand. Existing programs and higher demand are generating $30 million of new sales, while Dana is working to secure a production order on a major rapid-prototype project by year-end.DAN currently has a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Genuine Parts Company GPC reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dana Incorporated (DAN) : Free Stock Analysis Report Genuine Parts Company (GPC) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

U.S. legacy automakers Ford F and General Motors GM have moved in different directions since their second-quarter earnings reports. GM has gained 14.4% since reporting on July 21, while Ford is down 3% since its July 28 results. That divergence is notable because both automakers delivered stronger earnings and raised their full-year outlooks. So, the question is not which company had the better quarter, but which one offers the more compelling opportunity from here. Both are navigating tariffs, uneven EV demand and high interest rates while trying to build businesses that extend beyond selling cars. Here's a closer look at the case for each. GM's biggest strength remains its North American truck and SUV business. Rather than using heavy discounts to drive sales, the company has maintained pricing discipline, keeping incentives below the industry average for more than three years. That approach is paying off. GM North America's adjusted EBIT margin recovered to 8.6% in the second quarter and 9.3% in the first half, putting the business back within management's 8%-10% target range. Next-generation Chevrolet Silverado and GMC Sierra models, higher full-size SUV capacity and greater U.S. production could support both revenues and margins in 2027. Management has already raised 2026 adjusted EPS guidance to $12-$14 and expects 2027 results to exceed 2026. General Motors has also built a stronger business in China, helped by restructuring and cost reductions. That helped China equity income more than double to $248 million in the first half from $116 million a year earlier. The company expects the business to remain profitable as it refreshes its lineup and streamlines operations. GM is also building new revenue streams around its vehicles. OnStar and Super Cruise are expanding, with more than $3 billion of recognized and deferred revenues expected in 2026. It plans to add about 1 million subscribers and exceed 850,000 Super Cruise subscribers by year-end. GM Energy, GM Defense and GM Insurance provide additional avenues for growth. Meanwhile, strong cash generation has allowed GM to repurchase $2.8 billion of stock so far this year, with $3.5 billion remaining under the authorization. Ford’s truck and utility portfolio remains a major strength, while hybrids provide a useful middle ground as consumers remain divided between gas-powered and fully electric vehicles. The Maverick Hybrid posted record first-half sales, and the F-150 Hybrid led its full-size truck category. Ford is also taking another shot at the mass-market EV opportunity with its upcoming Fathom electric pickup. Starting below $30,000 before destination and delivery charges, the vehicle could help Ford reach customers who have been priced out of many EVs. The company is working to make EV production more economical. Its new "assembly tree" manufacturing process is designed to simplify production and lower costs, potentially helping address the margin pressure seen with the F-150 Lightning. Ford Pro is the company’s main earnings engine, supported by commercial vehicle leadership and recurring software and physical services. It generated $1.7 billion of EBIT at a 9.7% margin in the latest quarter, despite volume constraints, while paid Ford Pro Intelligence subscriptions surpassed 900,000. Management now expects 2026 Ford Pro EBIT of $7-$7.5 billion. Ford Energy adds a new revenue stream by applying Ford’s battery manufacturing, service and monitoring capabilities to energy storage.Ford expects to reach 20 gigawatt-hours of annual capacity by late 2027. Financially, Ford ended the June quarter with $43.4 billion of liquidity, generated $2.1 billion of adjusted free cash flow and raised its 2026 FCF outlook to $6-$7 billion. Its attractive dividend yield of more than 4% adds to the stock’s appeal. The Zacks Consensus Estimate for Ford’s 2026 and 2027 EPS implies year-over-year growth of 70% and 4%, respectively. Image Source: Zacks Investment Research The consensus mark for GM's 2026 and 2027 EPS calls for a year-over-year uptick of 25% and 11%, respectively. Image Source: Zacks Investment Research GM shares currently trade at 0.4X forward earnings, above its five-year average of 0.32X. Ford’s forward-to-sales ratio of 0.32 is lower than that of GM. Image Source: Zacks Investment Research Both Ford and GM look strong enough for investors seeking exposure to the auto industry, and both currently carry a Zacks Rank #3 (Hold). But, if we have to pick one, Ford looks better at current levels. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. GM has received a stronger vote from investors since its latest results, leaving more room for Ford to benefit from a reassessment. Its Ford Pro business provides a solid earnings foundation, while affordable EVs, hybrids and energy storage offer multiple avenues for upside. Ford also offers the more attractive combination of income and valuation support. That makes it the more compelling choice between the two. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Revenue from Operations (Consolidated): INR 370 crores in Q1 FY-2027, up 19.2% year-over-year from INR 310 crores. Profit After Tax (Consolidated): INR 38 crores in Q1 FY-2027, up 15% from INR 33 crores in the prior-year quarter. Standalone Sales Growth: Increased 14.7% year-over-year. Standalone PAT Growth: Increased 31.7% year-over-year. Standalone EBITDA Growth: Increased 21.7% year-over-year. Warning! GuruFocus has detected 6 Warning Signs with BOM:526729. Is BOM:530367 fairly valued? Test your thesis with our free DCF calculator. Release Date: August 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Consolidated revenue grew 19.2% YoY to INR 370 crores, with standalone PAT up 31.7% and EBITDA up 21.7%, demonstrating strong profitable growth. Secured a production order for high-precision planet pins for the General Motors Corvette program, marking the first win for the new USA facility and validating the 'Making in USA' strategy. Lifetime nominated business increased from INR 800 crores to INR 1,100 crores, driven by new wins like the Corvette program and other platform conversions. Industrial business grew 34% YoY, now contributing 14% of total revenue, up from 11%, reflecting successful diversification into high-margin industrial segments. Acquisition of Mahant Toolroom provides immediate access to aerospace and defense markets with a pre-certified platform, bypassing long gestation periods, and has already secured breakthrough orders like the Sukhoi 30 spherical bearing. Other expenses increased by INR 10 crores quarter-on-quarter due to cost escalations in electricity, logistics, and petroleum products, pressuring margins. The aerospace and defense order book remains small at approximately INR 50 crores, with uncertainty in the timing of revenue conversion from long-cycle aerospace programs. Management refrained from providing specific quarterly or annual guidance for the aerospace business, citing unpredictability in order timing and customer decisions. The company's margin guidance remains conservative at 18-20%, with management emphasizing that quarterly fluctuations can occur due to cost escalations and market fluidity. The relocation of the Unitech JV plant from Hyderabad to Aurangabad, while strategic, may cause delays or additional costs, though the company aims to commission by April 2027. Q: Will the strong Q1 FY2027 growth momentum continue, and should the FY2031 revenue guidance of INR 2,500-3,000 crores be revised upward?A: Harshbeena Zaveri, Vice Chairman and Managing Director, stated that while she remains financially conservative with guidance, the company's past 12-month revenue growth of 14.38% would already put them on track to hit INR 2,730 crores by 2031. She left it to analysts to calculate whether the final figure will be closer to INR 2,700 crores or INR 3,000 crores, highlighting the strong track record already demonstrated. Q: Has the lifetime nominated business increased from the INR 800 crores mentioned last quarter, and what is the status of the Unitech JV plant location and investment?A: Ms. Zaveri confirmed that the nominated business has increased, citing a new production order for high-precision planet pins for the General Motors Corvette program through a leading Tier 1 transmission manufacturer. This order, which was not part of the previous nomination, has helped take the total from INR 800 crores to INR 1,100 crores. Regarding the JV, the location was moved from Hyderabad to Aurangabad, and a partly ready facility has been purchased to cut lead time. The plant will be commissioned by April 2027, with an investment of INR 110 crores covering a capacity of INR 130 crores. Q: What is the current order book for the defense and aerospace business, and what revenue contribution can be expected from this segment?A: Ms. Zaveri clarified that the MTR acquisition (aerospace defense and commercial) has an order book of approximately INR 30 crores, while NRB's regular defense business adds another INR 20 crores, totaling around INR 50 crores. The company has predicted a revenue of INR 300 crores and a profitability contribution of INR 90 crores from this segment by 2031. She highlighted a breakthrough order for a plain spherical bearing for the Sukhoi 30 program, noting that fewer than five companies globally can make this type of bearing. Q: What is the current percentage of revenue from industrial bearings, and how does the EV strategy impact bearing content per vehicle?A: Ms. Zaveri stated that the industrial business has grown from 11% to 14% of total revenue, with 34% growth in the industrial segment. On EVs, she reiterated that NRB has an "EV agnostic" strategy, focusing on applications common to EV, ICE, and hybrids, such as chassis and steering systems. This approach allows the company to partner with OEMs developing single platforms for all three technologies, rather than predicting which will dominate. She cited the BMW steering application, which will be used across ICE, hybrid, and EV lines, as an example. Q: What is the status of the INR 270 crores CapEx program, and how much has been invested so far?A: Ms. Zaveri confirmed that of the total INR 270 crores CapEx program, INR 60 crores has already been invested, and another INR 100 crores is either already ordered or in the process of being ordered. She reiterated the company's guidance that INR 100 crores of CapEx typically generates INR 130 crores of sales, providing a framework for analysts to model future growth. Q: What caused the increase in other expenses this quarter, and can the company return to 20%+ EBITDA margins?A: Ms. Zaveri attributed the increase in other expenses to cost escalations in electricity, logistics, and petroleum products. She noted that the company is addressing these through a combination of value engineering (VAVE), cost reduction in plants, and price increases. On margins, she reiterated that the company's target range is 18% to 20%, emphasizing that they are not a quarterly-driven company and that margins will fluctuate within this band depending on the quarter, but the business is designed to be highly profitable for an engineering manufacturing company. Q: Has the top talent from the Mahant Tools acquisition been retained, and how is the integration progressing?A: Ms. Zaveri confirmed that retaining the team was one of the primary reasons for the acquisition. Mr. Malapa, the founder, now leads the aerospace defense segment and is fully integrated into NRB's supply chain management. She noted that manpower is a small but significant part of this business, with the real investment being in equipment, infrastructure, and supply chain quality, where NRB itself is a key supplier. Q: What products will NRB supply to the robotics and humanoid industry, and are these products already developed?A: Ms. Zaveri explained that NRB is a customized solution provider making 4,000 different products. For robotics and humanoids, the company will supply precision components and bearings, which could include shafts, housings, or innovative combinations of precision components and bearings. She explained that customers typically share their designs or present specific problems, and NRB develops customized solutions using its existing technology capabilities, rather than creating entirely new product lines. Q: Is there any plan to merge S&L Bearing with NRB Bearings?A: Ms. Zaveri stated there is no concrete plan to merge the two companies at this moment. She explained that NRB believes in the strength of having smaller, entrepreneurial subsidiaries with proprietary technology. S&L has its own respected brand at a slightly lower price point, which provides a high-quality alternative in the replacement market for price-sensitive clients, preventing competitors from moving up the value chain. This strategy allows NRB to focus on bigger opportunities while retaining strategic smaller businesses. Q: What is the company's strategy for entering the data center market?A: Ms. Zaveri clarified that the data center initiative is separate from the Unitech JV, which is focused on industrial cylindrical roller bearings for gearboxes. The data center business is a new line of bearings where NRB is currently in the product development stage. She noted that while there is nothing concrete to announce yet, the company is working on it alongside other emerging segment products, including robotics and automation systems, where they have already received initial orders of approximately 250,000 units each, which are collectively creating a new vertical. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Group 1 Automotive, Inc. GPI reported second-quarter 2026 adjusted earnings of $9.61 per share, which declined 16.6% year over year and missed the Zacks Consensus Estimate of $10.79 by 10.9%. Revenues declined 5.6% to $5.39 billion and missed the consensus mark of $5.65 billion by 4.7%.Results reflected persistent consumer affordability pressure, used-vehicle sourcing challenges and short-term disruption from U.S. store rebranding. Retail new-vehicle units fell 4.4% year over year to 53,335, while used retail units declined 11.2%. Group 1 Automotive, Inc. price-consensus-eps-surprise-chart | Group 1 Automotive, Inc. Quote New-vehicle retail sales decreased 4.7% year over year to $2.61 billion. Units sold fell 4.4% year over year to 53,335. The average selling price rose 2.3% to $51,726, but new-vehicle gross profit per retail unit fell 8.5% to $3,254.Used-vehicle retail sales declined 7% to $1.72 billion. Units sold fell 11.2% year over year to 53,469. Average selling price increased 4.8% to $32,195, while used retail gross profit per unit dropped 4.3% to $1,532. Used-vehicle wholesale sales declined 7.5% year over year to $151.5 million. Units sold fell 10.1% year over year to 15,315. The unit incurred a gross loss of $47 million against the gross profit of $29 million reported in the same period last year. Finance and insurance revenues fell 8.8% to $216.8 million, with F&I gross profit per retail unit down 1% to $2,030. Parts and service sales declined 3.6% year over year to $692.4 million, while gross profit decreased 3.4% to $389 million. Still, the parts and service gross margin edged up 10 basis points to 56.2%.On a same-store basis, parts and service revenues rose 2.1% to $673.3 million. U.S. same-store customer-pay revenues grew about 4%, and warranty revenues increased about 1%, helping offset weaker collision activity and lower internal reconditioning tied to reduced used-vehicle volumes. U.S. revenues fell 5.8% year over year to $3.93 billion, while gross profit dropped 9.6% to $658.5 million. Retail new-vehicle unit sales declined 6.1% to 38,549, and used retail units decreased 13.6% to 34,261.Adjusted U.S. SG&A expenses fell 6.5% to $437.5 million. Adjusted SG&A as a percentage of gross profit was 66.4%, improving more than 400 basis points sequentially as the company completed its $50 million annualized U.S. expense-reduction initiative. During the reported quarter, the retail new-vehicle, retail used-vehicle and wholesale used-vehicle units sold were 14,786, 19,208 and 6,303, respectively. U.K. revenues declined 4.9% year over year to $1.45 billion, while gross profit slipped 2.4% to $202.1 million. New-vehicle retail units increased 0.6% to 14,786, although used retail units declined 6.6% to 19,208.U.K. parts and service gross margin held at 58.1%. F&I gross profit per retail unit rose 1.7% to $1,118, while total gross margin expanded 40 basis points to 13.9%. During the reported quarter, the retail new-vehicle, retail used-vehicle and wholesale used-vehicle units sold were 38,549, 34,261 and 9,012, respectively. During the quarter, Group 1 acquired four U.S. dealerships and retained Stone Mountain Toyota and Stone Mountain Honda, which are expected to generate about $205 million in annual revenues. The company also disposed of four Jaguar Land Rover dealerships in the United Kingdom, bringing year-to-date annualized revenues associated with dispositions to $900 million.GPI separately agreed to acquire 10 Hennessy Automobile Companies dealerships in Atlanta. The transaction is expected to add about $1.7 billion in annual revenues and close by year-end 2026, subject to customary approvals. Management expects the acquisition to be immediately accretive to earnings upon closing. As of June 30, 2026, cash and cash equivalents were $164.5 million, up from $32.5 million at year-end 2025. Total debt declined 9.1% to $3.36 billion, while floorplan notes payable, net, increased 13.9% to $2.18 billion.Total liquidity was $684 million at quarter-end, and the rent-adjusted leverage ratio was 3.3x. During the first half, operating cash flow totaled $155 million, down from $410.3 million in the same period last year.The Hennessy transaction is valued at about $1.3 billion and is expected to be financed with $1.25 billion of new debt. The company expects rent-adjusted leverage to remain below 4x at closing and plans to return to its target leverage level by mid- to late 2027. As of June 30, 2026, the company had $306.3 million available under its current repurchase authorization.GPI currently has a Zacks Rank #5 (Strong Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford Motor Company F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Favorable mix and net pricing helped lift adjusted EBIT by 17% to $2.5 billion, while adjusted EBIT margin expanded to 5.2% from 4.3%. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. The company’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The Goodyear Tire & Rubber Company GT incurred an adjusted loss of 61 cents per share in the second quarter of 2026, wider than the Zacks Consensus Estimate of a loss of 59 cents. The adjusted loss widened 258.8% year over year, translating into a 3.4% earnings miss.Net sales fell 4.8% year over year to $4.25 billion but topped the consensus estimate of $4.23 billion by 0.6%. Tire unit volume declined 4% to 36.5 million units as lower consumer replacement demand weighed on results, particularly in the Americas. The Goodyear Tire & Rubber Company price-consensus-eps-surprise-chart | The Goodyear Tire & Rubber Company Quote Total segment operating income declined to $36 million from $159 million a year ago, while segment operating margin contracted to 0.8% from 3.6%. Excluding the impact of the Chemical business and Dunlop brand sales, segment operating income decreased $79 million.Lower volume reduced segment operating income by $132 million, while tariffs and other costs were a $100 million headwind and inflation reduced results by $53 million. These pressures were partly offset by $123 million of favorable price and mix versus raw materials and $95 million of Goodyear Forward benefits. Americas net sales declined 10.5% year over year to $2.38 billion, while tire unit volume fell 8.7% to 17.4 million. Replacement volume decreased 13% due to lower-tier product rationalization, lower industry sell-in volume in North America and increased competition. OE volume rose 8.7% on market share gains.The segment posted an operating loss of $10 million against an income of $141 million a year ago, with margin falling to negative 0.4% from 5.3%. Goodyear expects the planned Fayetteville facility closure to improve Americas segment operating income by about $90 million in 2027 and around $270 million annually beginning in 2028. EMEA sales increased 2.1% year over year to $1.37 billion, supported by price and mix and favorable currency effects. Tire unit volume slipped to 11.2 million from 11.3 million, as replacement volume fell 7.1% amid consumer market softness, competition and continued rationalization of lower-tier offerings.The segment operating loss narrowed to $17 million from $25 million, and margin improved to negative 1.2% from negative 1.9%. OE tire unit volume rose 8.3%, marking the 10th consecutive quarter of consumer market share gains. Asia Pacific net sales rose 8.1% year over year to $496 million, aided by higher volume and price and mix benefits. Tire unit volume increased 5.3% to 7.9 million, with replacement volume up 6.4% on stronger consumer demand and OE volume rising 4.2%, mainly on growth in China and Japan.Segment operating income increased to $63 million from $43 million, while margin expanded to 12.7% from 9.4%. The improvement reflected favorable price and mix versus raw materials, Goodyear Forward savings and higher volume. Cash flow from operating activities was $98 million in the second quarter, improving from an outflow of $180 million a year ago. Free cash flow was negative $69 million compared with negative $387 million in the prior-year quarter.Cash and cash equivalents totaled $861 million as of June 30, 2026, up from $801 million as of Dec. 31, 2025. Net debt stood at $6.33 billion, down from $722 million year over year. During the quarter, Goodyear issued about $1 billion of senior notes and plans to use the proceeds to repay its 2027 senior notes. For the third quarter of 2026, Goodyear expects global unit volumes to be roughly flat year over year. Price and mix are projected to provide about $110 million of benefit and Goodyear Forward about $70 million, while raw materials are expected to be a roughly $20 million headwind.The company also expects about $70 million of unabsorbed overhead pressure, roughly $10 million of tariff headwinds and around $95 million of inflation and other cost increases in the third quarter. For full-year 2026, Goodyear expects about $325 million of Goodyear Forward benefits, capital expenditures of roughly $725 million and interest expense of approximately $425 million.GT currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Ford Motor Company F reported second-quarter 2026 adjusted earnings of 42 cents per share, beating the Zacks Consensus Estimate of 33 cents by 27.27%. Earnings rose 13.5% from 37 cents a year ago. Favorable mix and net pricing helped lift adjusted EBIT by 17% to $2.5 billion, while adjusted EBIT margin expanded to 5.2% from 4.3%. Automotive revenues of $44.89 billion fell 4.4% year over year and missed the consensus mark of $45.72 billion by 1.81%. The company’s consolidated second-quarter revenues came in at $48.3 billion, down 3.7% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goodyear Tire & Rubber Company (GT) : Free Stock Analysis Report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Though the earnings cycle is winding down, Palantir PLTR, General Motors GM, and Bloom Energy BE have been nice standouts so far in the Q2 earnings season, all raising guidance. Guidance upgrades are generally one of the most bullish things to watch for in earnings season, as renewed outlooks can often lead to positive EPS revisions, one of the strongest drivers of a stock’s near-term movement. General Motors Earnings General Motors posted a double-beat relative to our consensus expectations, with adjusted EPS of $3.57 reflecting a positive surprise of 14%. Sales of $48.0 billion came in 3% above our consensus sales estimate. The company raised its full-year 2026 EBIT adjusted guidance for the second time this year, with adjusted EPS guidance also getting raised. EPS revisions for its current fiscal year got a boost from the lifted outlook, with the trend overall remaining positive for the entire last year. The profitability picture of automotive players is always a key driver behind sentiment, and the updated guidance across key profitability metrics remains a huge positive for GM’s share momentum overall. Palantir Earnings Palantir’s overall revenue surged by 93% YoY to $1.94 billion, yet again reflecting another acceleration relative to recent periods. Huge top-line growth has been led by rock-solid demand, with Palantir closing $3.4 billion of total contract value throughout the period, jumping 49% YoY. The company lifted its guidance across many metrics, now expecting FY26 revenue in a band of $8.150 - $8.158 billion, reflective of 82% YoY growth. U.S. commercial demand is also expected to remain red-hot, with PLTR upping the guidance to reflect 134% YoY growth. The stock is a Zacks Rank #2 (Buy). Bloom Energy Earnings Bloom Energy delivered rock-solid results in its earnings release, easily beating our consensus expectations. The company posted record quarterly revenue of $1.07 billion, growing 166% year-over-year while also significantly raising its full-year 2026 outlook. The growth surge was driven by soaring demand for its solid-oxide fuel cell systems thanks to major U.S. hyperscalers and AI data center operators seeking reliable on-site power. Bloom Energy now expects full-year revenue in a range of $3.9 - $4.2 billion, with positive revisions also flowing in for its next fiscal year following the release. The stock sports a Zacks Rank #1 (Strong Buy), with EPS revisions also remaining on a bullish trajectory across the board. Bottom Line Guidance upgrades are always a bullish development to watch for in earnings releases, commonly leading to positive post-earnings share reactions. While it isn’t a guarantee that a stock will pop just because it raised its outlook, it remains a favorable fundamental factor. Companies raising guidance, particularly on the earnings front, always deserve some level of attention from investors. All three stocks above – Palantir PLTR, General Motors GM, and Bloom Energy BE – have recently upped their outlooks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Motors Company (GM) : Free Stock Analysis Report Bloom Energy Corporation (BE) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Adient plc ADNT reported adjusted earnings of 48 cents per share in the third quarter of fiscal 2026, which increased 6.7% year over year but missed the Zacks Consensus Estimate of 53 cents by 9.4%. Net sales rose 5% to $3.93 billion and topped the consensus mark of $3.70 billion by 6.1%.Sales benefited from favorable foreign exchange, stronger volumes in the Americas and Asia, and recent launches. Consolidated sales in China increased about 33% year over year, supported by production ramps at NIO, Leapmotor and Nissan. ADNT generated adjusted EBITDA of $225 million, down slightly from $226 million a year earlier. Adjusted EBITDA margin contracted 30 basis points to 5.7%, as the company absorbed about $32 million of temporary headwinds tied to the Middle East conflict and customer- and supplier-driven disruptions.Higher commodity and freight expenses contributed to the pressure, along with operating inefficiencies. Roughly $20 million of the quarterly headwind was Middle East-related, including freight, fuel and resin costs. About 90% of the foam business has pass-throughs or escalators, though recoveries typically occur with about a two-quarter lag. Adient price-consensus-eps-surprise-chart | Adient Quote Americas sales increased 9.5% year over year to $1.93 billion. Adjusted EBITDA rose to $125 million from $112 million, while margin edged up to 6.5% from 6.4%, supported by higher volumes with key customers despite added input costs and temporary operating inefficiencies.EMEA sales declined 4.5% to $1.21 billion, and adjusted EBITDA fell to $14 million from $21 million as lower customer volumes weighed on results. Asia sales climbed 12.3% to $810 million, but adjusted EBITDA decreased to $107 million from $113 million amid lower equity income, China mix pressure, softer ICE demand and launch investments. ADNT generated $205 million of operating cash flow in the quarter, up from $172 million a year ago. Capital expenditures were $67 million, resulting in free cash flow of $138 million versus $115 million in the prior-year period. The quarter benefited from about $45 million of customer payment timing that is expected to reverse in the fourth quarter.Cash and cash equivalents stood at $924 million as of June 30, 2026, down from $958 million as of Sept. 30, 2025. Total liquidity was about $1.8 billion, including roughly $834 million of available revolver capacity, while the leverage ratio was 1.7 times. The company repurchased $30 million of shares during the quarter, bringing fiscal year-to-date repurchases to $55 million. As of June 30, 2026, $80 million of shares remain under the current share repurchase authorization. Adient raised its fiscal 2026 consolidated sales outlook to about $15 billion from roughly $14.8 billion, reflecting improved customer production schedules and, to a lesser extent, favorable foreign exchange. The company kept its adjusted EBITDA forecast at approximately $885 million.Free cash flow guidance remains about $130 million, while capital expenditures are expected to be approximately $300 million. The company expects Middle East-related pressures, including elevated chemical and freight costs and lower export volumes in certain markets, to continue weighing on near-term profitability. It sees full-year Middle East costs at roughly $35-$40 million based on current conditions. ADNT continued to build its future revenue base through new awards and premium-content launches. Recent wins include the Ram Dakota, Honda Pilot and Tata Nexon, while the company also secured new business on the FAW-Volkswagen VW416/5 program in China.Adient is also moving seating innovations into production. ProForce Massage Flow won business on the Changan Avatr E518 and Dongfeng-Voyah H77B, while the Leapmotor D99 includes zero-gravity seating and power swivel content. In EMEA, Adient is supporting vertically integrated launches for the Volvo EX60 and Mercedes-Benz AMG.EA-GT.ADNT currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Genuine Parts Company GPC reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adient (ADNT) : Free Stock Analysis Report Genuine Parts Company (GPC) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in MP Materials Corp.? Here are five stocks we like better. Q2 performance improved sharply: Revenue and PPA income more than doubled year over year to $126.1 million, while adjusted EBITDA rose by $41 million to $28.5 million. NdPr sales volumes increased 127%, supported by stronger production and materials-segment profitability. Rare-earth expansion is advancing: MP Materials completed its first heavy rare-earth separation circuit and expects to begin producing terbium and dysprosium later this year. It also secured a sizable, multiyear gadolinium oxide supply agreement with a U.S. aerospace and defense customer. Magnet manufacturing is nearing commercialization: The Independence facility delivered magnets to General Motors for qualification testing, with initial commercial shipments still expected in Q4. Construction has begun at the larger 10X facility, and the company maintained 2026 capital-expenditure guidance of $500 million to $600 million. Why Rare Earth Processing Could Be the Real 2027 Opportunity MP Materials (NYSE:MP) reported second-quarter 2026 revenue and PPA income of $126.1 million, more than double the prior-year period, as sales volumes of neodymium-praseodymium, or NdPr, increased 127% year over year. Consolidated adjusted EBITDA was $28.5 million, improving by $41 million from a year earlier, while adjusted diluted earnings per share improved $0.12 to a loss of $0.01 per share. Chief Executive Officer James Litinsky said the company continued to expand both its rare-earth materials and magnetics businesses during the quarter, including higher NdPr output, progress on heavy rare-earth separation, customer qualification work at its Independence magnet facility, and construction of its planned 10X magnet manufacturing facility. → Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? MP Materials produced 840 metric tons of NdPr during the quarter, a 41% increase from a year earlier. The total was achieved despite an extended planned plant shutdown in April, according to Litinsky. NdPr sales exceeded 1,000 metric tons for the second consecutive quarter. The Materials segment generated $113.2 million in revenue plus PPA income and $32.5 million in adjusted EBITDA, representing a $45 million year-over-year improvement. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High Oil Prices Are Surging and These 4 Stocks Are Cashing In Chief Operating Officer Michael Rosenthal said the company expects third-quarter NdPr production to exceed 1,000 metric tons as plant reliability, throughput and operational consistency improve. The company is working through reliability issues affecting a limited number of circuits and expects the benefits of higher throughput, process efficiency, lower maintenance intensity and the restart of its chlor-alkali facility to build progressively through 2027. For the third quarter, Chief Financial Officer Ryan Corbett said MP Materials expects NdPr oxide realized prices in the high-$90s per kilogram, with PPA income of roughly $10 per kilogram. Materials sales volume is expected to be “flattish” sequentially, depending on shipment timing, sales mix and metallization lead times. As of June 30, the company had approximately 650 metric tons of NdPr oxide and metal on hand, in transit, at toll processors or awaiting shipment. → No Hangover: Revisiting Microsoft One Week After Earnings MP Materials said it achieved mechanical completion of its first heavy rare-earth separation circuit in May and is preparing to introduce feed into the facility. The company remains on track to begin producing terbium and dysprosium later this year, though Rosenthal said the exact pace of the ramp will depend on commissioning activities and the company’s focus on product quality. The company also announced a long-term agreement to supply gadolinium oxide to a U.S. aerospace and defense manufacturer. Litinsky described the agreement as a sizable nine-figure deal over multiple years. Corbett said the contract includes locked-in economics and could offer opportunities for greater volumes over time. MP Materials is advancing a samarium program with first production planned for 2028. Following an extended pilot campaign, the company is also moving forward with engineering and procurement for a gadolinium separation project on a similar timeline. Rosenthal said the company plans to break ground during August on an expanded Mountain Pass area intended to house magnet recycling and additional heavy rare-earth separation and finishing capacity. Management said the company is evaluating opportunities across other rare earths contained in its ore body, including yttrium. The company also said its heavy rare-earth separation circuit was designed to process third-party feedstocks. At MP Materials’ Independence facility in Texas, the company delivered magnets to General Motors for in-vehicle qualification testing during the quarter. The company continues to expect initial commercial magnet shipments to begin in the fourth quarter, followed by a gradual production ramp. Rosenthal said the facility is demonstrating the capability and consistency needed to support customer volume ramp requirements, though qualification also involves capacity staging, batch traceability, quality systems integration and vehicle-level testing. Corbett said early magnet production will create variable quarterly financial results as precursor product sales decline and commercial magnet volumes begin to scale. The Magnetics segment’s revenue declined slightly from the first quarter, reflecting a greater proportion of costs tied to magnet-production startup rather than precursor production. However, precursor production generated adjusted EBITDA margins above 40% during the quarter. The company has approximately $46 million of prepaid revenue from magnetic precursor products remaining to be recognized over the next three to four quarters, declining modestly each quarter. Once that prepayment is fully recognized, MP Materials expects to dedicate metal production capacity to its own finished magnet manufacturing rather than external precursor sales. MP Materials spent $230.3 million on capital expenditures during the second quarter, with more than 60% directed toward the Magnetics segment. The company acquired the 10X site for approximately $80 million during the quarter, bringing year-to-date capital spending to $308 million as of June 30. It maintained full-year capital expenditure guidance of $500 million to $600 million. Construction at 10X is advancing, with foundation work underway and long-lead equipment ordered. Litinsky said during closing remarks that the company had received confirmation it was “officially vertical” at the site. MP Materials ended the quarter with $1.45 billion in cash and short-term investments. Corbett said the balance sheet, together with anticipated improvement in operating cash flow from increasing oxide and magnet sales, fully funds the company’s long-term capital plan. Litinsky also discussed Project Swarm, an initiative intended to aggregate and standardize future magnet demand among U.S. and allied drone manufacturers. The company said it has signed subscription agreements with several participants and views the program as a way to provide emerging autonomous-system companies access to future manufacturing capacity while retaining flexibility in product development. MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications. The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "MP Materials Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Ouster, Inc. OUST reported second-quarter 2026 loss of 26 cents per share, narrower than the Zacks Consensus Estimate of a loss of 31 cents. Revenues of $55 million rose 56% year over year and surpassed the consensus estimate of $51 million by 7.6%. Growth was supported by industrial and smart infrastructure demand. Ouster shipped more than 17,000 lidar and camera sensors during the quarter, a company record. Ouster, Inc. price-consensus-eps-surprise-chart | Ouster, Inc. Quote Product revenues totaled $52.76 million, which increased 50.7% from $35.02 million in the year-ago quarter. Industrial was the largest revenue contributor, followed by smart infrastructure, with demand spanning warehouse automation, yard logistics, port automation, mining and intelligent transportation.Royalty revenues were $1.86 million compared with $34,000 a year earlier. Lidar accounted for roughly 53% of total sensor shipments, with more than 9,000 lidar units and over 8,000 camera sensors shipped during the quarter. The Rev8 launch contributed to commercial momentum across Ouster's markets. The company received multiple orders exceeding $1 million, including business from a major heavy-machinery manufacturer, an autonomous agriculture equipment developer and an autonomous vehicle provider.Stereolabs also strengthened Ouster's position in robotics. The ZED X Nano recorded the strongest product launch in Stereolabs' history due to strong camera demand from robotics customers and emerging cross-selling opportunities between Ouster's lidar customers and Stereolabs' camera customer base. GAAP gross margin expanded to 49% from 45% in the prior-year quarter. Non-GAAP gross margin increased to 53% from 52%. However, a one-time refund included in cost of goods sold boosted the current-quarter GAAP gross margin by about 1,000 basis points. Research and development spending rose to $19.3 million, while sales and marketing increased to $9.2 million.Operating expenses increased 9.5% year over year to $46.73 million. Higher spending reflected the full-quarter inclusion and integration of Stereolabs, Rev8 and ZED X Nano product introductions and investments in Physical AI solutions. Adjusted EBITDA loss narrowed to $4.45 million from $5.50 million a year earlier. Ouster continued expanding BlueCity deployments during the quarter. New Jersey deployed the platform across 42 highway locations around MetLife Stadium, while Georgia added installations at 30 intersections around the Atlanta area, including locations near Mercedes-Benz Stadium.The company also secured an order for Utah's largest lidar deployment to date, covering several hundred intersections. Rev8-enabled BlueCity advanced detection provides multimodal detection and classification at distances of up to 500 feet, broadening the types of higher-speed roadways the platform can address. As of June 30, 2026, Ouster has approximately $263 million in cash, cash equivalents, restricted cash and short-term investments, with no debt. The balance included roughly $98 million raised through the company's at-the-market equity program during the second quarter.For the first six months of 2026, cash used in operating activities was $20.04 million compared with $6.19 million a year earlier. After quarter-end, Ouster completed another common-stock offering that generated approximately $191 million in net proceeds. The company does not expect to require additional capital to fund its current operating plan on the path to profitability. For the third quarter of 2026, Ouster expects revenues between $54.5 million and $57.5 million. The company expects Rev8 to ramp toward production volumes throughout the quarter, with the increase weighted toward the latter part of the period.Ouster continues to expect roughly $5 million of royalty revenues for 2026, while third-quarter operating expenses are projected to increase 5-8% year over year as the company invests in production capacity and its sensing and perception portfolio. OUST currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. General Motors Company GM reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.Tesla, Inc. TSLA reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years. Genuine Parts Company GPC reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ouster, Inc. (OUST) : Free Stock Analysis Report Genuine Parts Company (GPC) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Aspen Aerogels, Inc.? Here are five stocks we like better. Aspen Aerogels expects a sharp third-quarter rebound, forecasting revenue of $65 million–$80 million and adjusted EBITDA of $7 million–$15 million, driven by energy-industrial deliveries, higher GM EV production and stronger European demand. The East Providence plant is undergoing a staged restart after an April explosion, with full capacity expected in the first half of 2027. Aspen anticipates $5 million–$10 million in additional incident-related costs during the third quarter. European growth prospects improved after Jaguar Land Rover selected PyroThin, making it Aspen’s seventh European OEM customer; the company raised its 2026 European Thermal Barrier revenue outlook to $20 million–$30 million. Aspen Aerogels (NYSE:ASPN) said it expects a sharp sequential increase in revenue and adjusted EBITDA in the third quarter, supported by energy-industrial project deliveries, rising General Motors EV production and expanding European demand for its PyroThin thermal barriers. The company forecast third-quarter revenue of $65 million to $80 million and adjusted EBITDA of $7 million to $15 million. The outlook follows second-quarter revenue of $49.8 million, up 32% from the prior quarter, and adjusted EBITDA of negative $6.6 million, compared with negative $12.7 million in the first quarter. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth President and CEO Don Young said the third-quarter outlook is supported by “robust energy industrial project deliveries,” higher North American demand for PyroThin as GM increases EV output, and production ramps among European EV manufacturers. Second-quarter revenue included $20.4 million from the Energy Industrial business and $29.5 million from Thermal Barrier. Thermal Barrier revenue included $4.9 million of previously deferred revenue recognized in connection with the GM settlement received during the first quarter. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High Energy Industrial revenue declined 6% sequentially, which Chief Financial Officer and Treasurer Grant Thoele attributed to logistics and inventory challenges related to the conflict in Iran, as well as customer demand that shifted from the second quarter into the third quarter. The company expects Energy Industrial revenue to reach about $40 million in the third quarter, roughly double the second-quarter level, driven by LNG and subsea projects. Gross profit was $3.3 million, or a 7% gross margin, reflecting lower production volumes and $5.3 million of incremental costs associated with the April incident at Aspen’s East Providence manufacturing facility. Excluding those incident-related costs, adjusted gross profit was $8.6 million, or a 17% margin. → Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling Reported operating expenses were $32 million, including an $8.9 million property-damage loss tied to the incident. That charge was offset by an $8.9 million insurance receivable recorded in other income, as the company said it determined insurance proceeds were probable and expected in the third quarter. GAAP net loss was $23.3 million, compared with a $23.7 million loss in the first quarter. Aspen began a staged restart of the East Providence aerogel plant on May 14, slightly more than a month after an explosion in a high-temperature oven damaged a specific area of the facility. Young said no employees were seriously injured. The company expects to restore full production capacity during the first half of 2027. Aspen said it has avoided significant customer supply disruptions by using existing inventory, output from an external manufacturing facility and production from the staged East Providence restart. Thoele said the company expects to continue recording incident-related expenses until the plant returns to full capacity. These costs include expedited freight, professional fees for restoring capacity and, beginning in the third quarter, incremental costs of sourcing certain Energy Industrial products from its external manufacturing partner. Aspen expects third-quarter incident-related charges of about $5 million to $10 million, which are included in its adjusted EBITDA outlook. The company ended the quarter with $153.4 million in cash equivalents and restricted cash, compared with $175.6 million at the end of the first quarter. Its term loan balance was $79.5 million, while its revolver balance was $10.9 million. Management said it expects to at least maintain, and likely increase, its approximately $63 million net cash position by year-end. Aspen raised its 2026 European OEM Thermal Barrier revenue outlook to $20 million to $30 million from its previous expectation of $10 million to $15 million. European revenue totaled approximately $11 million in the first half, including $5.8 million in the second quarter, up from $5.1 million in the first quarter. The company also announced that Jaguar Land Rover selected PyroThin thermal barriers for certain vehicle architectures supporting multiple models across its brands. The award makes Jaguar Land Rover Aspen’s seventh European OEM customer and brings its awarded European portfolio to nine vehicle platforms. Management said most European programs have not yet entered serial production, though most are expected to start production in 2027. Aspen’s awarded Thermal Barrier pipeline represents $135 million of revenue based on customer-provided full-production volume assumptions and normal platform ramp profiles. The company said it is targeting $40 million to $60 million of European Thermal Barrier revenue in 2027 under more moderated assumptions. In North America, Young said U.S. EV demand has stabilized at roughly 6% of new-vehicle sales. GM Ultium accounted for approximately 13% of U.S. EV sales during the first half, implying annual sales above 120,000 vehicles, according to the company. Aspen said GM produced vehicles below its sales rate during the first half, reducing finished-vehicle inventories, and now appears positioned to raise output in line with sales while rebuilding inventory modestly. Aspen continues to target approximately 20% Energy Industrial revenue growth in 2026 and said it sees an opportunity to sustain a similar pace in 2027. Young cited activity in LNG, subsea projects, maintenance and turnaround work, along with customer backlogs extending into 2027 and beyond. The company expects LNG-related activity to more than double in 2026 from 2025 levels, with opportunities in the United States, Middle East and Africa. Young said Aspen is seeking to build Energy Industrial into a $200 million high-margin business without significant incremental capital investment. Aspen is also pursuing battery energy storage systems as an adjacent market. The company said it is engaged in technical qualification programs and commercial discussions with utility-scale and critical-power developers. Management expects initial BESS revenue in the near term but said it is not incorporating meaningful BESS revenue into its 2026 expectations. Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions. Founded in 2001 as a spin-out from Department of Energy research, the company pursued an initial public offering on the NYSE in 2014 under the ticker ASPN. Aspen Aerogels combines proprietary aerogel formulations with advanced manufacturing processes to deliver products known for their low thermal conductivity, lightweight construction and robust mechanical properties. The company's product portfolio spans blanket insulation, boards, and custom shapes built around several proprietary brands, including Pyrogel, Cryogel and Spaceloft. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Aspen Aerogels Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.