Corporate earnings and growth guidance updates

Intel (INTC) outlined guidance for its second quarter, projecting revenue between $13.8 billion and $14.8 billion. The company also guided to non-GAAP earnings per share of $0.20, citing a backdrop where CPU demand is described as outpacing supply.

Digital Realty (DLR) provided longer-term financial targets, signaling 2026 core funds from operations of $8.00 to $8.10 per share. Alongside the earnings outlook, the data center operator reported that it is scaling a construction pipeline of 1.2 gigawatts, underscoring a significant build-out of capacity.

Edwards Lifesciences issued forecasts for 2026, calling for sales growth of 9% to 11%. The company expects adjusted earnings per share in a range of $2.95 to $3.05 for that year, providing investors with a medium-term profitability framework.

Within its product portfolio, Edwards raised its guidance for transcatheter aortic valve replacement (TAVR), now targeting growth of 7% to 9%. The updated TAVR outlook accompanies the broader sales and earnings guidance for 2026.

Staffing and consulting firm Robert Half shared expectations for the upcoming third quarter, projecting earnings per share growth of 8% to 12%. Its Protiviti division is targeting adjusted segment margins in the range of 7% to 9%, indicating the profitability levels it aims to achieve at that business.

Ameriprise Financial highlighted an expected boost to its wealth management platform in the fourth quarter. The company anticipates that onboarding a business from Huntington Bank will add $28 billion in assets and approximately 260 advisers, signaling a planned expansion in advisory capacity and client assets.

Associated Banc-Corp outlined growth objectives following its acquisition of American National. The bank is targeting 2026 period-end loan growth of 17% to 19% after the close of the American National transaction.

As part of the integration process, Associated Banc-Corp plans to complete the systems conversion related to the American National deal in late third quarter. The timing indicates when operational consolidation is expected to take place.

Brandywine Realty Trust detailed a series of balance sheet initiatives. The company outlined $305 million of asset sales expected to close in the second quarter, reflecting a plan to dispose of selected properties.

In conjunction with the asset sale program, Brandywine is planning a $100 million, seven-year financing at an interest rate of approximately 5.7%. The planned financing is intended to complement its capital structure alongside the anticipated sale proceeds.