Q2 2025 Earnings Conference Call Recaps: DR Horton (DHI) https://t.co/83HN9Jf25o via @bespokeinvest
Q2 2025 Earnings Conference Call Recaps: GE Verona (GEV) https://t.co/Jvnn7bXn7z via @bespokeinvest
Q2 2025 Earnings Conference Call Recaps: Lamb Weston (LW) https://t.co/46pSc5Mq6K via @bespokeinvest
Capital One Financial posted a second-quarter net loss of about $4.3 billion, or –$8.58 a share, as it absorbed an $8.8 billion credit-loss allowance tied to its May purchase of Discover. Revenue rose 25 percent from the prior quarter to $12.49 billion and net interest margin widened to 7.62 percent. Adjusted earnings of $5.48 a share comfortably exceeded the roughly $3.9 consensus estimate, but the loan-loss provision surged to $11.43 billion. The McLean, Virginia-based lender ended the period with a Common Equity Tier 1 ratio of 14 percent and said integration of Discover is on schedule. Power-equipment maker GE Vernova delivered stronger-than-expected quarterly results and raised its full-year outlook. Second-quarter revenue climbed to $9.11 billion, beating forecasts, while earnings rose to $1.86 a share. The company reported adjusted EBITDA of $770 million, orders of $12.4 billion and said its backlog expanded by more than $5 billion. Management lifted the 2025 free-cash-flow goal to a range of $3 billion to $3.5 billion, up from $2 billion to $2.5 billion, and now expects sales to reach the high end of its previous $31 billion–$36 billion guidance. Shares gained about 6 percent in early trading. The divergent earnings underscore early-season themes: banks are grappling with acquisition-related charges and heavier credit cushions, while industrial suppliers linked to booming data-center and grid spending continue to benefit from robust demand.