Legence Corp（LGN）資訊與事件LGNLegence Corp

Major Averages Rise as Oil Prices Fall

The major averages were broadly higher again near noon as oil prices fell and investors digested softer-than-feared inflation data and another slate of corporate earnings reports.The Fed outlook has become somewhat more favorable for equities following the inflation data and the weak July employment report. Markets are now pricing roughly a 66% probability that the Fed holds rates steady at its next meeting, according to Reuters.Meanwhile, oil prices are down a bit as concerns over global demand and rising U.S. crude inventories offset continued geopolitical risks surrounding Iran and the Strait of Hormuz.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Ciscoreportedand provided an upbeat outlook for Q1 and FY27Cerebras Systemsreported mixed Q2 results butPershing Squarereported Netflixand VisaTapestryreported, provided its outlook for Q1 and FY27, and approved a 16% dividend increaseJD.comreported better-than-expected2. WALL STREET CALLS:Five Belowto Buy at JefferiesStubHubto Underperform at BofAVail Resortswith a Sell at Goldman SachsJPMorganAkamaito Neutral on revenue growth rampTronoxto Underweight at JPMorgan3. AROUND THE WEB:Former Alibabastar researcher Junyang Lin is launching Shanghai-based Pragmatik Labs to build digital and physical AI agents, The Information reportsAlphabetchief scientist Demis Hassabis discussed forming an independent AI safety entity before stepping down as Google DeepMind CEO, WSJ saysFordplans to shift production of some China-built Lincoln models to the U.S. starting in 2030, driven primarily by tariffs, including a 52.5% duty on the China-made Nautilus, and the goal of strengthening domestic manufacturing, Reuters reportsBending Spoons'acquisition strategy is driving strong financial results and aggressive software monetization, but steep price increases for legacy customers risk accelerating churn and undermining the long-term value of its acquired businesses, Bloomberg saysAppleis in talks with publishers over new deals to use their content to deliver current news and information as part of the iPhone maker's efforts to improve its AI-powered Siri voice assistant, WSJ reports4. MOVERS:Accelerantgains after announcing it will bein an all-cash deal worth more than $4B and reporting Q2 resultsBirkenstockrises in New York afterand raising its guidance for FY26Omerosand CorMedixhigher afterCellebritefalls afterand cutting its guidance for FY26Securitizeand Resideolower after5. EARNINGS/GUIDANCE:Yetiand raised its outlook for FY26Paysafe, with CEO Bruce Lowthers commenting on "strong traction across our priority markets and products"Cellebrite, provided guidance for Q3, and cut its outlook for FY26Ondas (ONDS), provided guidance for Q3, and cut its outlook for FY26Yeswayand increased its outlook for FY26INDEXES:Near midday, the Dow was down 65.19, or 0.12%, to 53,705.08, the Nasdaq was up 150.61, or 0.57%, to 26,739.10, and the S&P 500 was up 33.77, or 0.44%, to 7,782.27.

Raises FY26 Adjusted EBITDA Outlook to $565M-$585M

Consensus $4.27B. Raises FY26 adjusted EBITDA view to $565M-$585M from $470M-$490M.

Legence Reports Q2 Revenue of $1.26B, Exceeding Expectations

Reports Q2 revenue $1.26B, consensus $1.07B. "Strong customer demand led to another record quarter for Legence, with new highs in revenue, Adjusted EBITDA and backlog and awarded contracts," said Jeff Sprau, Chief Executive Officer of Legence. "Total revenue more than doubled year over year, with revenue growth, excluding the impact of The Bowers Group acquisition, of approximately 60%. While the data centers & technology end market continues to be a significant driver of our performance, we are also benefitting from healthy activity across our other diverse end markets, including life sciences & healthcare, state & local government, and education. Our dedicated craftspeople, technicians, and engineering professionals are executing at the highest standards, and we are leveraging the scalability of our growth platform to drive sequential Adjusted EBITDA Margin expansion. As we enter the second half of 2026, healthy industry conditions, combined with our backlog-supported visibility, gives us confidence to raise our revenue and profit outlook for the year."