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Linamar Q1 Profit Jumps, Beats Estimates on Higher Sales; Says Tariffs Not Hurting Growth Outlook

Linamar (LNR.TO) on Wednesday said it swung to a 17% year-over-year jump in first-quarter net profit on higher sales, topping analysts' estimates.The auto parts, mobility and agricultural equipment manufacturer said it earned $195.8 million in the period, or $3.28 per share, up from a profit of $167.2 million, or $2.76, in the year-prior quarter. It exceeded FactSet analysts' estimates of $2.81.Sales rose 16% to $2.94 billion from $2.53 billion, exceeding estimates of $2.80 billion.The company said new 232 tariffs effective April 2026 will have more impact on the Industrial segment but are not impacting Linamar's overall business outlook to grow sales and earnings this year, and it is "actively working to further mitigate the impacts".Linamar also declared a dividend of $0.29 per share on payable on or after June 5 to shareholders of record on May 25."2026 has started with a bang for us at Linamar with record sales, earnings and new business wins, again proving tariffs don't define competitiveness. Despite a dynamic tariff environment, more than 90% of our revenue is not impacted by the US tariff regime, meaning we can continue to perform and win. Distressed acquisitions also continue to create opportunity for excellent strengthening of our technology at reasonable cost as evidenced by another acquisition announcement in the quarter," said Executive Chair Linda Hasenfratz. "Our outlook is positive for continued growth top and bottom line where challenges are regularly transformed into opportunity and we are firing on all cylinders."Linamar shares closed up $0.94 to $90.66 on the Toronto Stock Exchange.

$LNR.TO

Research Alert: CFRA Upgrades The Wisdom Tree U.s. Value Etf (wtv) To 5-stars

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CFRA upgraded the WisdomTree U.S. Value Fund (WTV) to a 5-star rating from its previous 3-star rating after the latest monthly ETF ratings updates on April 24, 2026. We also upgraded other value ETFs like the iShares Russell 2000 Value ETF (IWN) and the Dimensional U.S. Targeted Value ETF (DFAT), both from 1-star to 4-star. This upgrade is one of several value ETF upgrades by CFRA in the last two months. Year-to-date in 2026, WTV has seen a 6.7% return through May 5, driven by strong returns for Dell Technologies (DELL 239 ****) and Citigroup (C 128 ****). The ETF holds U.S. equity securities that provide a high total shareholder yield and exhibit favorable quality characteristics demonstrating a company's profitability such as strong returns on equity and/or returns on assets. WTV holds 118 stocks, with 20% of the portfolio in Financials, a sector on which CFRA currently has an overweight recommendation. CFRA is also overweight the technology sector, which accounts for 15% of the ETF's weight.

$DELL

Research Alert: CFRA Drops Coverage On Shares Of Coterra Energy Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping coverage on shares of CTRA, a U.S. independent oil and gas producer, as the company is about to be acquired by peer Devon Energy Corporation (DVN 47 **). Our prior recommendation on the shares of CTRA was Hold. Shareholders of both CTRA and DVN have approved the merger, and we expect the final trading day for CTRA to be Thursday, May 7.

$CTRA

Earnings Flash (WES) Western Midstream Partners Posts Q1 EPS $0.85, vs. FactSet Est of $0.74

$WES

Earnings Flash (MTDR) Matador Resources Posts Q1 Revenue $671.6M

$MTDR

Permian Resources Q1 Adjusted Earnings Fall, Revenue Rises

Permian Resources (PR) reported Q1 adjusted earnings late Wednesday of $0.39 per diluted share, down from $0.43 a year earlier.Analysts polled by FactSet expected $0.38.Revenue for the quarter ended March 31 was $1.39 billion, up from $1.38 billion a year earlier.Analysts surveyed by FactSet expected $1.41 billion.The company kept its quarterly dividend at $0.16 per share, payable on June 30 to shareholders of record as of June 16.Shares of Permian Resources were down nearly 4% in after-hours trading.

$PR

Western Forest Products Swings to a First-quarter Loss as Revenue Falls

Western Forest Products (WEF.TO) after trade Wednesday said it swung to a first-quarter loss on lower revenue.The company lost $19.9 million, or $1.83 per share, in the period, compared with net income of $13.8 million, or $1.33 per share, a year ago. FactSet expected loss per share of $1.29.Revenue fell to $201.5 million from $262.5 million the year-ago quarter. FactSet projected sales of $187 million.The company also reported adjusted EBITDA of negative $13.6 million for the quarter, compared with adjusted EBITDA of $3.5 million a year ago."As the spring season approaches and building activity picks up pace, pricing is expected to increase before stabilizing by the end of the second quarter. Persistently high interest rates, along with recent increases in oil prices, may curb demand in the short term," the company said.The company's shares closed up $0.44 to $14.39 on the Toronto Stock Exchange.

$WEF.TO

Earnings Flash (VNP.TO) 5N Plus Cites "Strong Start to 2026 with 33% Revenue Growth and 41% Adjusted EBITDA Growth, Ahead of Expectations"

$VNP.TO

Wire55d ago

Dutch Bros Q1 Adjusted Earnings, Revenue Rise

Dutch Bros (BROS) reported Q1 adjusted earnings late Wednesday of $0.16 per diluted share, up from $0.14 a year earlier.Analysts polled by FactSet expected $0.15.Revenue in the three months ended March 31 rose to $464.4 million from $355.2 million a year earlier.Analysts surveyed by FactSet expected $449.7 million.The company raised its full-year revenue guidance to $2.05 billion to $2.08 billion from the prior forecast of $2 billion to $2.03 billion.Analysts expect $2.05 billion.Dutch Bros shares fell 1.8% in after-hours trading.

$BROS

5N Plus Q1 Revenue of US$117.9 million, up 33% YoY

$VNP.TO

Research Alert: CFRA Maintains Buy Rating On Shares Of Davita Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price is $220 (raised from $175), based on a P/E multiple of 15x our 2026 EPS projection, above DVA's five-year historical average of 13.1x and above our target multiple for DVA's primary competitor Fresenius Medical Care. We think our target multiple balances strong earnings growth expectations against elevated debt levels and recent challenges with consistent treatment volume growth. Our 2026 EPS estimate is $14.65 (up from $14.08, implying 36% annual growth), while our 2027 estimate is $16.67 (up from $16.33, +13.8% Y/Y). We anticipate revenue will rise near 4% in 2026 and 3% in 2027, after increasing 6.5% in 2025, supported by market share gains following center closures by competitor Fresenius. Q1 treatment volume growth remained challenging with normalized non-acquired growth of just 0.1% Y/Y. However, DVA raised guidance for treatment volumes from flat to a 0.25%-0.50% growth rate in 2026, providing expectations for improving growth in upcoming quarters.

$DVA

Earnings Flash (PR) Permian Resources Posts Q1 Adjusted EPS $0.39, vs. FactSet Est of $0.38

$PR

Wire55d ago

GoodRx Holdings Q1 Adjusted Earnings, Revenue Fall

GoodRx Holdings (GDRX) reported Q1 adjusted earnings late Wednesday of $0.07 per diluted share, down from $0.09 a year earlier.Analysts polled by FactSet expected $0.07.Revenue in the three months ended March 31 fell to $194 million from $203 million a year earlier.Analysts surveyed by FactSet expected $185.4 million.The company expects full-year revenue of $765 million to $785 million.Analysts polled by FactSet expect $764.8 million.GoodRx shares rose 2.1% in after-hours trading.

$GDRX

Earnings Flash (WEF.TO) Western Forest Products Inc. Reports Q1 Revenue C$201.5M, vs. $262.5M a Year Ago

$WEF.TO

Earnings Flash (OR) OR Royalties Record Adjusted Earnings of US$75M, $0.40 Per Basic Share Vs $29.5M or $0.16 per basic share in Q1 2025

$OR

Research Alert: CFRA Keeps Cenovus Energy At Sell On Minimal Debt Cut, Free Fund Flows Up 125%

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We maintain our 2-STARS (Sell) recommendation and decreased our 12-month target price from USD25 to USD22. Our target price reflects a 5.5x EBITDA multiple of our 2027 EBITDA estimate. We moderated our top-line growth expectations amid crude pricing swings and WTI/WCS differential responses. Therefore, we lower our 2026 EPS estimate by CAD0.51 to CAD3.38 and our 2027 EPS estimate by CAD0.43 to CAD2.37. Q1 saw net debt drop to CAD8.06B from CAD8.29B sequentially. This is the right direction but with less conviction than we anticipated, as a CAD6B net debt load would increase excess free fund flows that could be returned to shareholders. We continue to believe the downside risk in crude pricing is too elevated and predominantly crude producing names are experiencing a short-term cash flow rush that will moderate.

$CVE