Harbor AlphaEdge Small Cap Earners ETF (EBIT)

Rackspace: The Double Trap Of Negative EBIT And A $2.8 Billion Debt Burden

2026-08-12 10:55:04

Rackspace Technology, Inc. reported Q2 2026 revenue of $670M, with negligible 0.6% YoY growth and a $67M GAAP net loss. RXT's operational losses and $2.8B debt burden create a double financial trap, with negative EBIT and no pricing power in a fiercely competitive market. The Public Cloud segment is shrinking while Private Cloud shows 5.5% YoY growth, yet this does not offset overall structural decline.

Honeywell Aerospace reports second quarter results; updates 2026 outlook

2026-08-05 16:05:00

Sales of $4.5 billion, reported and organic1 sales up 5% year over year Net income of $0.3 billion and adjusted EBIT1 of $1.0 billion, excluding pro forma standalone adjustments Revises full-year sales and pro forma standalone adjusted EBIT1 guidance and issues full-year pro forma standalone adjusted earnings per share1 guidance Completed spin-off from Honeywell Technologies on June 29  PHOENIX, Aug. 5, 2026 /PRNewswire/ -- Honeywell Aerospace (Nasdaq: HONA) today announced results for the second quarter following the completion of its spin-off from Honeywell International Inc. ("Honeywell Technologies", Nasdaq: HON). The company also updated its full-year 2026 outlook for organic1 sales and pro forma standalone adjusted EBIT1, initiated full-year 2026 pro forma standalone adjusted earnings per share1 guidance, and maintained its second half 2026 free cash flow1 guidance range.

Deutsche Post Q2 Earnings Call Highlights

2026-08-05 06:04:56

Deutsche Post ETR: DHL, operating as DHL Group, reported stronger second-quarter performance as revenue rose 13% year over year and EBIT increased 30%, driven by higher shipment volumes, yield management and cost discipline. Management said the results supported an increase in its full-year EBIT outlook to more than €6.5 billion.

Magna Announces Strong Second Quarter Results; Raises Outlook for 2026

2026-07-31 05:00:00

Highlights (1) Delivered strong second-quarter 2026 results, reflecting profitable sales growth, continued productivity improvements and disciplined execution. Sales increased 3% to $11.0 billion, outperforming a 2% decline in global light vehicle production Income from operations before income taxes increased 21% to $599 million Adjusted EBIT increased 16% to $677 million, with Adjusted EBIT margin expanding 70 basis points to 6.2% Diluted earnings per share were $1.72; Adjusted EPS increased 29% to $1.86, a record for the second quarter Returned $598 million to shareholders during the quarter through dividends and share repurchases Raised full year Outlook for Adjusted EBIT margin, Adjusted EPS and Free Cash Flow, with Sales updated to reflect foreign exchange impacts and divestiture timing AURORA, Ontario, July 31, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2026.

2026 Half Year Results

2026-07-30 02:00:00

TMICC H1 2026 results Solid performance, driven by innovation and operational rigourH1 organic sales growth +4.7%; Full-year outlook reaffirmed Amsterdam, 30 July 2026 H1 2026 revenue €4.7 billion (H1 2025: €4.5 billion), +4.7% organic sales growth (OSG) balanced between volume +2.5% and price +2.2%, and across all regions Q2 2026 revenue €2.9 billion (Q2 2025: €2.7 billion), +4.9% OSG Operating Profit €587 million (H1 2025: €569 million), reflects improved Adjusted EBIT partially offset by an increase in adjusting items H1 2026 Adjusted EBIT €716 million (H1 2025: €666 million), H1 2026 Adjusted EBIT margin 15.3% (H1 2025: 14.8%), +50bps versus H1 2025 H1 2026 Adjusted EBITDA €880 million (H1 2025: €853 million), H1 2026 Adjusted EBITDA margin 18.7% (H1 2025: 19.0%), impacted -70bps by Transitional Service Agreements (TSAs), with previously allocated depreciation charged as cash costs, and -30bps due to the acquisition in India Productivity programme remains on track, with €90 million of savings delivered in H1 2026 Successfully integrated India and Portugal acquisitions Financial Highlights In €, percentage (unaudited) H1 2026 H1 2025 Q2 2026 Q2 2025 Revenue (in € billions) 4.691 4.503 2.921 2.711 Reported revenue growth 4.2% 2.5% 7.8% 1.4% Organic Sales Growth (a)    4.7% 5.8% 4.9% 7.0% Organic Volume Growth 2.5% 3.5% 2.3% 4.9% Organic Price Growth(a) 2.2% 2.1% 2.5% 2.0%           Operating profit (in € millions) 587 569     Adjusted EBIT (in € millions) 716 666     Adjusted EBITDA (in € millions) 880 853               Operating profit margin (% revenue) 12.5% 12.6%     Adjusted EBIT margin (% revenue) 15.3% 14.8%     Adjusted EBITDA margin (% revenue) 18.7% 19.0%               Free Cash Flow (FCF, in € millions) 273 138     Diluted Earnings Per Share (€) 0.55       Adjusted Earnings Per Share (€) 0.72       (a) India and Portugal were not in the perimeter and paid royalty for the use of TMICC brands prior to acquisitions completed on 30 March 2026 and 1 April 2026 respectively. The underlying growth of The Magnum Ice Cream Company N.V.

Advancing Its Product Launch Programme, Mercedes-Benz Cars Performs in Line With Guidance; Strong Earnings at Financial Services and Vans; Full-year Outlook Confirmed

2026-07-28 01:04:00

STUTTGART, Germany--(BUSINESS WIRE)--Mercedes-Benz Group AG (ticker symbol: MBG) reported revenue of €32.1 billion in the second quarter (Q2 2025: €33.2 billion) and Group EBIT of €1.5 billion (Q2 2025: €1.3 billion), while continuing to execute its largest-ever product launch programme and further improving efficiency and productivity. Group EBIT was supported by strong earnings at Mercedes-Benz Financial Services, Mercedes-Benz Vans and higher contributions from the Group reconciliation, part.

HF Sinclair: Renewables Are The Dark Horse Of This Fantastic Refinery Business

2026-07-24 10:14:20

HF Sinclair Corporation remains a Buy as robust earnings growth and capital returns drive continued outperformance, with shares up nearly 72% since November. DINO's renewables segment has pivoted from a cash drag to a significant EBIT contributor, now delivering 87.5% margins and 21% of consolidated EBIT. Record-high crack spreads and resilient gasoline prices underpin elevated refinery margins, supporting strong GAAP EPS growth forecasts into 2026.

Loomis Interim Report January - June 2026

2026-07-24 02:00:00

Loomis Interim Report January - June 2026 PR Newswire STOCKHOLM, July 24, 2026 STOC