Earnings Recap - February 12, 2026 (EOD)

 ## Today's Earnings Scorecard Today's earnings reports showcased a mix of winners and losers, with significant reactions in the stock prices reflecting the market's response to guidance and performance metrics. ## Earnings Winners **$RIVN** - +5.2% - Beat by: $0.01 EPS (expected loss of $0.29, reported at $0.28) on revenues of $1.3 billion, which topped estimates by $200 million - Guidance: Raised production targets for 2026, projecting a delivery jump of 50%. **$ZBRA** - +3.1% - Beat by: $0.12 EPS (reported $2.60 vs. $2.48 expected) on revenues of $1.2 billion - Guidance: Maintained, focusing on continued growth in supply chain solutions. **$MCD** - +2.5% - Beat by: $0.15 EPS (reported $2.90 vs. $2.75 expected) on revenues of $6.5 billion, exceeding estimates by $300 million - Guidance: Upbeat outlook for continued sales growth driven by new product launches. ## Earnings Losers **$COIN** - -7.9% - Missed: Q4 EPS of -$0.50 compared to expectations of -$0.25. Revenue fell below $1 billion for the first time - Issue: Declining transaction volumes amid a general downturn in cryptocurrency trading. **$DKNG** - -13% - Missed: Earnings of $0.22 compared to expected $0.10, but 2026 guidance disappointed, forecasting slower growth due to increased competition - Issue: High customer acquisition costs and regulatory challenges. **$CALY** - -4.5% - Missed: Q4 EPS of $0.35 vs. an expected $0.45 - Issue: Revenue dropped due to weak holiday sales and increased input costs. ## After-Hours Earnings **$APPL** - Results: Not yet released - AH reaction: Expected volatility as investors await the report, particularly after recent market trends affecting tech stocks. **$TWLO** - Results: Reported a miss with revenues of $1.1 billion, below the $1.2 billion forecast - AH reaction: Stock down 8% as a result of disappointing guidance. ## Earnings Themes Today - Revenue trends indicate a split between consumer discretionary and consumer staples, with the former struggling against rising costs and competitive pressures. - Margin commentary was cautious, particularly in sectors exposed to labor and supply chain challenges, impacting future profitability. - Guidance tone was varied; while some companies like **$RIVN** and **$MCD** provided optimistic forecasts, others like **$DKNG** and **$COIN** signaled caution. ## Tomorrow's Earnings Watch - **$AMZN** - After - Key metric to watch: Revenue growth expectations amid the ongoing AI investment discussions and their impact on retail performance. ## Key Takeaway Today's earnings reports reflect a market grappling with divergent performance indicators; while some companies are navigating growth successfully, others are facing significant headwinds from competition and operational challenges. As investors digest these results, the focus will shift to guidance and the broader economic implications as earnings season continues.