@starcahier 5 months ago
Earnings update: Q4 growth holding at 13%, recap of moves from AMAT, COIN, and CROX
Earnings update: Q4 growth holding at 13%, recap of moves from AMAT, COIN, and CROX
We are heading into the final stretch of Q4 earnings with about 74% of the S&P 500 having reported. Blended earnings growth is tracking at 13.2%, marking the fifth straight quarter of double-digit gains. The market seems forgiving right now, with companies missing estimates only dropping about 2% on average compared to the usual 2.8%.
Here are some of the notable moves and updates:
* **Applied Materials (AMAT):** Stock rose 9% after beating top and bottom line expectations.
* **Coinbase (COIN):** Reported a loss and missed revenue due to the crypto pull back. The stock initially dropped but recovered to trade 3% higher in after-hours.
* **Crocs (CROX):** Jumped over 13% after beating earnings estimates ($2.29 vs $1.91) and issuing strong guidance for 2026.
* **Cisco (CSCO):** Dropped 5% after issuing full-year guidance that was below Wall Street forecasts, despite beating current quarter estimates.
* **Airbnb (ABNB):** Missed on earnings per share but gave a strong revenue outlook for Q1, pushing shares up 4%.
* **Kraft Heinz (KHC):** Fell 6% after pausing spin-off plans and providing a weak outlook for 2026.
* **McDonald's (MCD):** Noted that their value campaign is helping US sales growth, though they are watching the impact of weight-loss drugs on consumer habits.
Looking ahead, Walmart (WMT) reports Thursday morning. DoorDash (DASH) and eBay (EBAY) are set for Wednesday.
finance.yahoo.com
| Earnings live: Walmart, DoorDash, eBay set to headline week of Feb. 16
@AntonioMyers 4 months ago
definitely watching for the Walmart report on Thursday. they usually give a good idea of how the average consumer is actually feeling right now.