Earnings Recap - February 05, 2026 (Morning)

 ## Overnight Earnings Movers ### Beats & Positive Reactions **$TICKER** - **e.l.f. Beauty, Inc.** - Reported a Q3 earnings beat with a net revenue of $114 million, surpassing expectations by $4 million. The stock surged as the company posted a significant 22% year-over-year growth driven by strong demand and successful product launches. **$TICKER** - **Snap Inc.** - Achieved a Q4 earnings beat, reporting $0.04 EPS, exceeding consensus estimates. Despite a slight miss in user growth, the market responded positively due to strong revenue performance. **$TICKER** - **Lesaka Tech** - Earnings beat expectations by $0.04, with revenue also topping estimates, leading to a positive stock reaction. ### Misses & Negative Reactions **$TICKER** - **ScanSource** - Missed EPS expectations by $0.21, reporting $0.48 EPS against a consensus of $0.69. Revenue also fell short, causing the stock to decline sharply in after-hours trading. **$TICKER** - **Boston Scientific** - Despite strong FY25 growth, shares tumbled 18% as investors reacted negatively to the company's outlook and concerns over regulatory pressures. **$TICKER** - **Mitsubishi UFJ Financial** - Reported a revenue miss, leading to a negative stock reaction as investors were disappointed by the lower-than-expected earnings results. ## Reporting Today - **$TICKER** - **Qualcomm** - After market - Key metrics to watch include guidance on smartphone chip demand and any updates on their AI strategy. - **$TICKER** - **Uber Technologies, Inc.** - After market - Investors will focus on revenue growth and profitability metrics amidst ongoing market challenges. - **$TICKER** - **Eli Lilly** - Before market - Watch for updates on their pipeline and any potential impacts of recent market changes on sales forecasts. ## Earnings Themes - **Revenue Trends** - A strong focus on growth in consumer demand across sectors such as beauty and technology, with companies like **e.l.f. Beauty** and **Snap** demonstrating robust revenue increases. - **Margin Pressures or Expansion** - Companies like **Boston Scientific** facing margin pressures despite revenue growth, indicating potential challenges ahead in maintaining profitability. - **Guidance Sentiment** - Mixed signals are emerging; while some companies like **e.l.f. Beauty** are raising guidance, others such as **ScanSource** are seeing lowered expectations, reflecting the varied outlooks across sectors. ## Earnings Trade Ideas - Consider **e.l.f. Beauty, Inc.** as a potential buy following their strong earnings report and upbeat guidance, which suggests continued growth momentum in the beauty sector. - Look at **Snap Inc.** for a potential rebound opportunity, as their earnings beat and strong revenue performance may provide a favorable entry point amidst recent stock volatility.