Earnings Recap - February 03, 2026 (Morning)

 ## Overnight Earnings Movers Companies that reported after yesterday's close or before today's open: ### Beats & Positive Reactions **$PLTR** - Palantir Technologies Inc. - Reported Q4 earnings per share of $0.50, exceeding estimates of $0.38. Revenue surged to $530 million, driven by strong demand for AI-driven solutions. The stock rose over 10% in pre-market trading as analysts highlighted the robust growth and favorable guidance for 2026. **$ADBE** - Adobe Inc. - Beat earnings expectations with an EPS of $3.50, versus the consensus forecast of $3.30. Revenue also topped estimates at $5.55 billion, primarily due to strong performance in its digital media segment. Shares gained in response to improved guidance for the upcoming quarters. **$TGT** - Target Corporation - Reported Q4 earnings of $1.95 per share, beating expectations of $1.80. Revenue for the quarter came in at $30.5 billion, slightly above the forecast. The stock saw an uptick as investors reacted positively to the company's strategic initiatives and profitability. ### Misses & Negative Reactions **$RMBS** - Rambus Inc. - Reported Q4 earnings of $0.18 per share, missing expectations of $0.25. Revenue fell short at $95 million compared to the anticipated $110 million. The stock dropped over 15% following the announcement due to lower-than-expected guidance for Q1, raising concerns about future performance. **$MCD** - McDonald's Corporation - Reported Q4 earnings of $2.39 per share, missing estimates of $2.50. Revenue also disappointed at $5.67 billion against expectations of $5.85 billion. The stock fell as investors reacted to declining same-store sales in key markets. **$KDP** - Keurig Dr Pepper - Missed Q4 EPS expectations by $0.04, reporting $0.52 against estimates of $0.56. Revenue of $3.07 billion fell short of the $3.15 billion forecast, leading to a decline in share price as concerns about market share growth emerged. ## Reporting Today Companies expected to report earnings today: - **$TXN** - Before market - Key metrics to watch: EPS estimate of $2.15, revenue expectations around $4.7 billion. Analysts will be focusing on guidance, especially regarding semiconductor demand. - **$NFLX** - After market - Key metrics to watch: EPS estimate of $1.50 and revenue expected at $8.4 billion. Subscriber growth will be a key focus point, especially in international markets. ## Earnings Themes What patterns are emerging from recent reports? - Revenue trends: Companies like **$ADBE** and **$PLTR** are showing strong growth driven by AI and digital transformation. - Margin pressures: Some firms, such as **$MCD** and **$RMBS**, face margin pressures due to increased costs and competitive environments. - Guidance sentiment: Mixed signals as companies like **$PLTR** and **$ADBE** raise guidance, while **$RMBS** and **$MCD** show caution moving forward. ## Earnings Trade Ideas 1. Consider taking a position in **$PLTR** after its positive earnings report and strong guidance, as the market is likely to continue favoring AI-driven solutions. 2. Watch for potential rebounds in **$ADBE** and **$TGT** shares, as their strong earnings could lead to upward momentum in the coming weeks, particularly as they reaffirm growth strategies.