{"id":65596,"date":"2026-07-29T07:08:16","date_gmt":"2026-07-29T11:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/us-strike-hits-northwest-iran-as-major-earnings-beat-estimates\/65596\/"},"modified":"2026-07-29T07:08:16","modified_gmt":"2026-07-29T11:08:16","slug":"us-strike-hits-northwest-iran-as-major-earnings-beat-estimates","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/us-strike-hits-northwest-iran-as-major-earnings-beat-estimates\/65596\/","title":{"rendered":"US Strike Hits Northwest Iran as Major Earnings Beat Estimates"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>A US missile strike targeted the Piranshahr region in northwest Iran<\/strong>, escalating regional tensions following a brief pause in hostilities.<\/li>\n<li><strong>Boston Scientific (<a href=\"\/stock\/BSX\">BSX<\/a>) surpassed Q2 expectations<\/strong> with an adjusted EPS of $0.86, though the company lowered its full-year earnings guidance.<\/li>\n<li><strong>Rheinmetall (<a href=\"\/stock\/RHM\">RHM<\/a>) reported a massive 69% surge in Q2 revenue<\/strong>, driven by a record defense backlog that has now surpassed the \u20ac80 billion mark.<\/li>\n<li><strong>Intesa Sanpaolo (<a href=\"\/stock\/ISP\">ISP<\/a>) raised its full-year net income outlook to over \u20ac10 billion<\/strong> after posting a stronger-than-expected \u20ac2.8 billion profit in the second quarter.<\/li>\n<\/ul>\n<h2>US Missile Strike Hits Northwest Iran<\/h2>\n<p>Geopolitical tensions spiked on Wednesday following reports from Iranian state media that a <strong>US missile strike targeted an area near Piranshahr<\/strong> in the West Azerbaijan province. The strike, which hit near the Iran-Iraq border, follows a period of intense military exchanges between Washington and Tehran that had briefly paused for diplomatic mediation.<\/p>\n<p>While Iranian officials reported no immediate casualties, the attack targeted what was described as an uninhabited area, though several vehicles were reportedly damaged. This development comes amid a broader regional conflict where the <strong>US military recently intercepted multiple ballistic missiles<\/strong> launched by Iran toward American forces in the Middle East.<\/p>\n<h2>Boston Scientific Beats Q2 Estimates, Adjusts Guidance<\/h2>\n<p>Boston Scientific (<a href=\"\/stock\/BSX\">BSX<\/a>) announced second-quarter financial results that topped Wall Street estimates on both the top and bottom lines. The medical device maker reported <strong>adjusted EPS of $0.86<\/strong>, beating the analyst consensus of $0.83, on <strong>net sales of $5.44 billion<\/strong>.<\/p>\n<p>Despite the quarterly beat, the company issued a cautious outlook for the remainder of the year. Boston Scientific now sees <strong>full-year adjusted EPS between $3.28 and $3.32<\/strong>, a downward revision from its previous forecast of $3.34 to $3.41. The company expects third-quarter adjusted EPS to land between $0.80 and $0.82, slightly below the $0.84 analysts had anticipated.<\/p>\n<h2>Rheinmetall Defense Backlog Hits Record \u20ac80 Billion<\/h2>\n<p>German defense giant Rheinmetall (<a href=\"\/stock\/RHM\">RHM<\/a>) released preliminary Q2 2026 results showing a <strong>69% year-over-year increase in revenue to \u20ac3.29 billion<\/strong>. The company\u2019s operating profit of <strong>\u20ac562 million<\/strong> significantly outperformed the estimated \u20ac409.7 million, fueled by high demand for ammunition and combat vehicles.<\/p>\n<p>The company\u2019s <strong>order backlog has surged past \u20ac80 billion<\/strong>, providing long-term revenue visibility amid rising European defense budgets. However, Rheinmetall noted that <strong>operating free cash flow (OFCF) was significantly negative<\/strong> for the quarter due to the timing of advance payments and increased inventories for future deliveries.<\/p>\n<h2>Intesa Sanpaolo Lifts Profit Outlook on Strong Earnings<\/h2>\n<p>Italy\u2019s largest bank, Intesa Sanpaolo (<a href=\"\/stock\/ISP\">ISP<\/a>), delivered a robust second quarter with <strong>net income reaching \u20ac2.79 billion<\/strong>, well ahead of the \u20ac2.52 billion projected by analysts. The bank\u2019s performance was bolstered by <strong>net interest income of \u20ac3.84 billion<\/strong> and an improved cost-to-income ratio of 36%.<\/p>\n<p>Following the strong results, Intesa raised its <strong>full-year 2026 net income guidance to above \u20ac10 billion<\/strong>, up from its previous &quot;about \u20ac10 billion&quot; target. The bank continues to maintain a solid capital position with a <strong>Common Equity Tier 1 (CET1) ratio of 13.1%<\/strong>, even as it navigates a major takeover bid for Monte dei Paschi di Siena.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways A US missile strike targeted the Piranshahr region in northwest Iran, escalating regional tensions following a brief pause [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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