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Research Alert: Ppg Industries Posts Q1 Beat On Aerospace Strength And Margin Discipline

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

PPG delivered solid Q1 2026 results with adjusted EPS of $1.83, up 6% Y/Y and beating consensus by $0.06, while sales rose 7% Y/Y to $3.93B though organic growth moderated to 1%. The company demonstrated resilient execution across its diversified portfolio, with aerospace delivering exceptional double-digit organic growth and maintaining a $315M order backlog, while Performance Coatings achieved 5% sales growth. Management maintained full-year 2026 EPS guidance of $7.70-$8.10 and announced global price increases to offset emerging raw material inflation, emphasizing improved pricing capabilities versus prior cycles. Architectural Coatings delivered strong margin expansion with EBITDA margin improving 230 bps Y/Y to 19.1% driven by pricing and cost control, while Industrial Coatings faced margin pressure declining 180 bps to 15.0% due to China auto weakness and regional mix effects. Packaging coatings achieved outstanding double-digit organic growth with margin expansion.

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Research Alert: Ter Beats Expectations, But Q2 Guidance Only In Line, Disappointing The Bulls

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:TER's results again beat consensus in Q1, with sales of $1.28B (+87% Y/Y) outpacing the Street's $1.22B by 5.5% and non-GAAP EPS of $2.56 (+241%) beating expectations for $2.11 by 21%. While still impressive, these results may disappoint more bullish investors, following Q4's blowout beats of 11%/30% for sales/EPS, respectively. Guidance was similarly underwhelming given high expectations, with midpoints of $1.20B in revenue and $2.01 in EPS coming in only just above the Street's views of $1.19B/$1.96, whereas last quarter's guidance beat by an eye-popping 27%/66% for sales/EPS. AI comprised approximately 70% of demand during the quarter, as expected. Semiconductor Test (87% of sales) accelerated +105%, System Test grew +78%, and Robotics rebounded +32% after declines throughout 2025, reflecting broad-based demand. We think 2H will start to reverse 1H's strength given order lumpiness and management's warnings of demand pull-in, with ongoing memory/cleanroom constraints potentially adding pressure.

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oOh!media Receives AU$1.40-per-Share Buyout Proposal From Pacific Equity Partners

oOh!media (ASX:OML) received an unsolicited, non-binding proposal from Pacific Equity Partners to acquire the company for AU$1.40 per share in cash, according to a Wednesday filing with the Australian bourse.The proposal is subject to several conditions, including the completion of due diligence, unanimous recommendation by oOh!media's board, and regulatory approvals, per the filing.The company said it is evaluating the proposal alongside financial adviser UBS Securities Australia and legal adviser Mallesons.

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Bellevue Gold Reports Higher Gold Production, Sales in March Quarter

Bellevue Gold (ASX:BGL) produced 40,745 ounces of gold and sold 39,754 ounces of gold at an average price of AU$3,459 per ounce during the March quarter, according to a Wednesday Australian bourse filing.The company produced 25,146 ounces of gold and sold 25,775 ounces of gold at an average price of AU$3,259 per ounce during the March 2025 quarter, an earlier filing showed.The company said it was on track to meet fiscal 2026 production guidance in the range of 130,000 to 150,000 ounces of gold and all-in sustaining costs guidance of AU$2,600 to AU$2,900 per ounce, the filing added.

$ASX:BGL