Earnings Recap - February 04, 2026 (Morning)

 ## Overnight Earnings Movers Companies that reported after yesterday's close or before today's open: ### Beats & Positive Reactions **$CDW** - CDW Corp - Reported Q4 EPS of $1.63, beating estimates by $0.05, with revenue of $5.96 billion, exceeding expectations. The stock is up due to strong demand for IT solutions and improved margins. **$CHRW** - C.H. Robinson - Posted Q4 EPS of $1.33, surpassing forecasts by $0.12, with revenue of $5.4 billion. Investors responded positively to strong volume growth and margin expansion in its logistics segment. ### Misses & Negative Reactions **$AMD** - Advanced Micro Devices - Reported Q4 EPS of $0.73, missing estimates by $0.05, and revenue of $5.6 billion, which was below expectations. The stock is down amid concerns over slower demand in the PC market and a competitive landscape. **$UBER** - Uber Technologies - Reported Q4 EPS of $0.13, missing by $0.02, with revenue of $8.6 billion. The stock declined due to weaker-than-expected guidance and margin pressures from increased competition in the ride-hailing space. ## Reporting Today Companies expected to report earnings today: - **$NFLX** - After market - Key metrics to watch include subscriber growth and revenue guidance for the upcoming quarter. - **$DIS** - After market - Focus on streaming performance and outlook for parks operations. - **$T** - Before market - Key metrics to monitor include subscriber growth in wireless and broadband services. ## Earnings Themes What patterns are emerging from recent reports? - **Revenue trends**: Many companies are reporting strong revenue growth driven by increased demand for IT and logistics services, particularly in the tech sector. - **Margin pressures or expansion**: While some firms are experiencing margin expansion due to cost efficiencies, others, particularly those in highly competitive markets like technology and consumer services, are facing pressures that impact profitability. - **Guidance sentiment**: Overall, guidance sentiment appears mixed, with some firms raising expectations based on robust demand, while others are cautious due to market uncertainties and competitive pressures. ## Earnings Trade Ideas - Consider taking a position in **$CDW** following its strong earnings report and positive outlook, as it continues to benefit from the growing demand for IT solutions. - Look at **$CHRW** for potential upside, given its strong Q4 performance and the resilience of its logistics operations amid a challenging market environment.