Earnings Recap - April 08, 2026 (EOD)

 ## Today's Earnings Scorecard The market rallied strongly today, with the S&P 500 up 2.39%, Nasdaq 100 up 2.72%, and Dow Jones up 2.79%, largely fueled by a wave of positive earnings reports and optimism around a US-Iran ceasefire. Several key tech and industrial names reported better-than-expected results, driving notable stock gains. However, some companies disappointed with misses or cautious guidance, tempering enthusiasm in certain sectors. ## Earnings Winners **$AEHR** - +20.90% - Beat expectations with strong bookings and revenue growth driven by AI infrastructure demand; guidance maintained with optimism on AI chip production ramp. **$RPM** - +12.42% - Delivered record margins and a 63% surge in EPS; strong earnings beat and raised guidance on robust demand and cost discipline. **$GLW** - +11.16% - Surged on solid quarterly results with growth in optical components; strong margin expansion and positive outlook for AI-related demand. **$CCL** - +11.23% - Carnival jumped sharply on better-than-expected bookings and optimism from easing fuel costs amid Iran ceasefire; guidance raised. **$INTC** - +10.02% - Intel’s stock soared on strong Q1 results and the announcement of repurchasing Apollo’s stake in Fab 34 Ireland JV for $14.2B, gaining full ownership; outlook positive on AI chip production. **$LEVI** - +10.65% - Levi Strauss beat earnings and raised full-year outlook, citing momentum across product lines and strong consumer demand. **$MPWR** - +10.14% - Micron’s stock rallied on better-than-expected memory pricing and strong demand outlook, benefiting from AI data center buildout. **$TER** - +11.86% - Teradyne hit a new high after reporting strong quarterly results and robust AI-related demand for semiconductor test equipment. **$RELL** - +15.08% - Richardson Electronics surged on earnings beat and strong bookings tied to semiconductor equipment demand. **$BBGI** - +73.89% - Beasley Broadcast Group soared on narrower-than-expected loss and digital revenue growth. **$F** - +5.73% - Ford reported solid earnings with strong vehicle deliveries and favorable cost management, lifting shares. **$ABNB** - +5.15% - Airbnb beat estimates with strong revenue growth and raised guidance on travel demand recovery. **$CARR** - +5.14% - Carrier Global beat estimates and raised guidance, driven by strong HVAC demand and margin improvement. **$BAC** - +3.18% - Bank of America beat earnings estimates on loan growth and trading revenue, supporting a positive outlook. **$META** - +7.09% - Meta Platforms jumped after unveiling its first AI model from the superintelligence lab and reporting strong ad revenue growth. **$MU** - +6.57% - Micron Technology gained on strong memory pricing and AI-driven demand. **$CAT** - +6.51% - Caterpillar beat estimates with strong backlog and AI-driven power demand; announced CFO succession. **$WDFC** - +5.86% - WD-40 shares rose on earnings beat and strong free cash flow generation. **$HD** - +5.46% - Home Depot beat estimates with strong sales and raised guidance despite macro uncertainties. **$BKNG** - +4.38% - Booking Holdings beat revenue estimates and benefited from travel demand recovery. **$BLK** - +4.49% - BlackRock posted strong earnings with solid asset inflows and margin expansion. **$GS** - +4.81% - Goldman Sachs beat estimates on trading and investment banking revenue. **$DXCM** - +4.26% - DexCom beat earnings with strong diabetes device sales. **$EVO** - +4.26% - Evotec reported solid earnings with growth in biopharma services. **$DOV** - +4.41% - Dover beat estimates on industrial demand and margin improvement. **$WMT** - +3.75% - Walmart beat earnings and raised guidance on strong consumer spending. **$DAL** - +3.75% - Delta Air Lines beat earnings and revenue estimates despite elevated fuel costs; maintained guidance. **$JPM** - +3.55% - JPMorgan posted solid earnings with strong trading and loan growth. **$SCHW** - +3.60% - Charles Schwab beat estimates on higher client assets and trading activity. **$TFC** - +3.05% - Truist Financial beat earnings with loan growth and improved margins. **$KEY** - +3.25% - KeyCorp beat earnings on loan growth and trading gains. **$C** - +5.43% - Citigroup beat estimates with strong trading and loan growth. **$WFC** - +3.56% - Wells Fargo beat earnings on loan growth and cost control. **$XELB** - +4.79% - Xcel Brands rose on earnings beat and margin improvement. **$LESL** - +6.20% - Leslie’s surged on strong seasonal demand and margin expansion. ## Earnings Losers **$BETR** - -21.28% - Better Home & Finance plunged after missing earnings estimates; concerns over operational execution and profitability. **$SKIL** - -12.02% - Skillsoft declined on weaker-than-expected sales and cautious guidance amid macro headwinds. **$KRUS** - -17.80% - Kura Sushi fell sharply despite raised guidance, reflecting investor concerns over competitive pressures. **$PLTR** - -5.81% - Palantir missed revenue estimates and provided cautious outlook on government spending. **$COP** - -4.97% - ConocoPhillips missed earnings amid volatile oil prices and production disruptions. **$PSX** - -3.84% - Phillips 66 missed estimates due to refining margin pressure. **$VEEV** - -3.45% - Veeva Systems missed revenue estimates and lowered guidance on slower customer growth. **$T** - -2.46% - AT&T declined after earnings miss and cautious outlook on subscriber growth. **$STZ** - -2.32% - Constellation Brands fell on disappointing FY27 EPS guidance below estimates amid uncertainty in beer demand. **$NOW** - -2.76% - ServiceNow missed revenue and earnings estimates, weighed down by macro uncertainties. **$IBM** - -1.36% - IBM declined on mixed results and cautious guidance amid competitive pressures. **$TMUS** - -1.34% - T-Mobile missed subscriber growth expectations. **$AIRS** - -5.78% - Airsculpt Technologies dropped on earnings miss and operational challenges. **$VRSN** - -1.40% - Verisign declined on revenue miss and cautious outlook. **$UNH** - -0.98% - UnitedHealth missed EPS estimates despite strong Medicare Advantage enrollment. ## After-Hours Earnings **$STZ** - Results: Reported Q4 with smaller-than-expected sales decline; FY27 adjusted EPS guidance $11.20-$11.90 vs $12.37 est; GAAP EPS $11.10-$11.80 vs $12.28 est - AH reaction: down 2.32%. **$AENT** - Results: Discussed advances in B-cell precursor acute lymphoblastic leukemia treatment; detailed clinical trial insights - AH reaction: +0.72%. **$DAL** - Results: Beat Q1 earnings by $0.03, revenue topped estimates; expects fuel consumption aligned with capacity changes and elevated jet fuel costs to continue - AH reaction: +3.75%. **$RPM** - Results: Posted record margins and 63% EPS surge in Q3 2026; strong guidance - AH reaction: +12.42%. **$RELL** - Results: Beat Q4 earnings by $0.01, revenue topped estimates; strong bookings - AH reaction: +15.08%. **$AEHR** - Results: Strong bookings and revenue growth in AI infrastructure; maintaining guidance - AH reaction: +20.90%. **$LEVI** - Results: Raised FY26 outlook after strong Q1 performance; momentum across product lines - AH reaction: +10.65%. **$INTC** - Results: Announced repurchase of Apollo’s 49% stake in Fab 34 Ireland JV for $14.2B, gaining full ownership; strong Q1 results - AH reaction: +10.02%. **$META** - Results: Unveiled first AI model from superintelligence lab; strong ad revenue growth - AH reaction: +7.09%. ## Earnings Themes Today - Revenue trends showed strong growth in AI-related sectors, semiconductor equipment, and travel, with companies like **$AEHR**, **$MPWR**, **$META**, and **$CCL** benefiting from demand rebounds and AI infrastructure buildout. - Margin commentary was positive in industrials and semiconductor equipment, with record margins reported by **$RPM** and margin expansion at **$GLW** and **$DOV**. - Guidance tone was generally optimistic among AI and tech-related companies, while some consumer and energy names expressed caution due to geopolitical uncertainties and fuel cost volatility, as seen with **$STZ** and **$COP**. ## Tomorrow's Earnings Watch - **$AAPL** - After Market Close - Watch for updates on product demand and AI integration given recent market enthusiasm. - **$MSFT** - After Market Close - Key metric to watch is cloud and AI revenue growth amid OpenAI IPO preparations. - **$GOOGL** - After Market Close - Focus on ad revenue and AI-related investments. - **$AMZN** - After Market Close - Key to watch is AWS growth and retail segment performance. - **$CAT** - Before Market Open - Monitor backlog and AI-driven power demand commentary. ## Key Takeaway Today's earnings reflect a market increasingly driven by AI-related growth and industrial strength, with semiconductor and tech infrastructure companies leading gains. Optimism around easing geopolitical tensions and a US-Iran ceasefire has fueled a broad rally, but pockets of caution remain in energy and consumer sectors due to ongoing uncertainties. The strong margin expansion and raised guidance in several industrial and tech names underscore confidence in sustained demand, particularly from AI buildouts, setting a positive tone for the market's near-term outlook.