Earnings Recap - February 06, 2026 (Morning)

 ## Overnight Earnings Movers ### Beats & Positive Reactions **$CBOE** - Cboe Global Markets - Reported Q4 earnings of $1.41 per share, beating analyst estimates by $0.21. Revenue also exceeded expectations, leading to a positive stock reaction amid a strong performance in options trading. **$UBIQ** - Ubiquiti - Reported Q4 earnings of $2.22 per share, surpassing estimates by $1.06. Revenue of $514 million also beat forecasts, driving shares higher as investors reacted positively to the strong demand for its networking products. **$HUBG** - Hub Group - Reported Q4 earnings of $1.10 per share, beating the consensus estimate by $0.08. Revenue of $1.13 billion also topped expectations, boosting investor confidence and driving the stock upward. ### Misses & Negative Reactions **$CENX** - Century Aluminum - Reported a Q4 loss of $0.12 per share, missing estimates. Revenue was lower than anticipated, leading to a decline in stock price as investors reacted to the disappointing results. **$MOLN** - Molina Healthcare - Shares fell nearly 28% following a surprise Q4 loss and disappointing guidance, indicating potential challenges in its operational turnaround. **$VIRT** - Virtus Investment Partners - Reported Q4 earnings that, while showing a revenue beat, still missed on the EPS front, causing the stock to drop nearly 3% in after-hours trading. ## Reporting Today - **$DOCS** - Before market - Key metrics to watch include EPS projections and subscriber growth. - **$RAMP** - After market - Focus on revenue growth and guidance updates. - **$SNEX** - After market - Watch for margin and earnings projections. - **$POWI** - After market - Anticipate insights on revenue guidance and product demand. - **$EXPO** - After market - Look for revenue trends and outlook statements. ## Earnings Themes - **Revenue Trends**: Several companies, particularly in the technology and communications sectors, reported better-than-expected revenues, indicating strong demand in these areas despite economic uncertainties. - **Margin Pressures or Expansion**: Companies like Hub Group showed expanding margins due to efficient operations, while others like Molina Healthcare faced margin pressures that impacted profitability. - **Guidance Sentiment**: Guidance remains mixed; while some companies are raising their forecasts, others are lowering expectations, reflecting the uncertainty in operational environments. ## Earnings Trade Ideas - Consider **$CBOE** for a potential buy, as its strong earnings performance and positive market reception could indicate further upside. - **$UBIQ** appears attractive as well, given its solid earnings beat and strong demand for its products, which may continue to support stock performance in the coming months.