Earnings Recap - February 12, 2026 (Morning)

 ## Overnight Earnings Movers ### Beats & Positive Reactions **$ZOETIS** - Zoetis Inc. - Reported Q4 earnings of $1.49 per share, beating estimates by $0.08. Strong demand for pet health products drove revenue to $2.09 billion, which also topped expectations. Shares surged following the announcement. **$CROCS** - Crocs, Inc. - Delivered Q4 earnings of $2.09 per share, surpassing analyst expectations by $0.38. Revenue reached $1.02 billion, driven by a robust return to growth after previously declining sales. Stock jumped in response. **$MCD** - McDonald's Corporation - Posted Q4 revenue of $6.45 billion, above the consensus estimate of $6.36 billion. The company reported earnings of $2.63 per share, also beating expectations. Strong performance in value meals contributed to the uptick in shares. **$CBRE** - CBRE Group, Inc. - Reported Q4 earnings of $1.60 per share, exceeding forecasts. Revenue was $7.77 billion, reflecting strong demand in the commercial real estate sector. Stock rose on the news. ### Misses & Negative Reactions **$TRIP** - Tripadvisor, Inc. - Missed earnings expectations by $0.13, reporting Q4 earnings of $0.31 per share. Revenue of $467 million fell short of estimates, leading to a decline in shares. **$GE** - General Electric Company - Reported Q4 earnings of $0.70 per share, missing the forecast by $0.09. Revenue also disappointed at $20.4 billion, down from prior figures, and shares fell in reaction to the news. **$ORGN** - Origin Materials, Inc. - Missed expectations, reporting a loss of $0.31 per share against a projected loss of $0.26. Revenue was $15 million, below forecasts, resulting in a decline in stock price. ## Reporting Today - **$BABA** - Before market - Key metrics to watch include their revenue forecast and profit guidance, as analysts focus on the impact of regulatory changes in China. - **$DIS** - After market - Investors are keen to see streaming performance metrics and any updates on theme park recovery. - **$AMZN** - After market - Watch for revenue growth in AWS and overall profitability, especially in light of rising operational costs. ## Earnings Themes - **Revenue Trends**: Companies that reported strong earnings generally attributed their success to robust demand in specific sectors like pet health, commercial real estate, and food services. - **Margin Pressures**: Some companies, like GE, faced margin pressures due to increased operational costs and market challenges, leading to earnings misses. - **Guidance Sentiment**: Overall, guidance has been mixed, with some firms raising expectations while others signal caution due to economic uncertainties and competitive pressures. ## Earnings Trade Ideas - **Buy $ZOETIS**: Given its strong Q4 performance and continued demand in pet health products, it may be a solid investment for growth. - **Watch $MCD**: With strong earnings and revenue growth, McDonald's could continue to perform well as consumer preferences shift towards value meals, making it a potential buy for stability.