Earnings Recap - February 15, 2026 (Morning)

 ## Overnight Earnings Movers ### Beats & Positive Reactions **$CTRE** - CareTrust REIT - Reported normalized FFO growth of 7.4% year-over-year, driven by strong demand and attractive investment spreads. The stock reacted positively, reflecting investor confidence in its sustainable dividend yield. ### Misses & Negative Reactions **$ODFL** - Old Dominion Freight Line - Reported EPS of $1.64, missing estimates of $1.80. Revenue also fell short at $1.06 billion versus the expected $1.12 billion. The stock faced pressure as margin concerns were highlighted amidst rising operational costs. ## Reporting Today - **$SPG** - Before market - Key metrics to watch include same-store NOI growth and any updates on tenant performance amid ongoing retail sector challenges. - **$SNA** - After market - Investors will look for guidance on future demand trends and any impact from supply chain disruptions. ## Earnings Themes - **Revenue trends**: Many REITs like CareTrust are demonstrating resilience in revenue generation, supported by strong occupancy rates and demand for healthcare facilities. - **Margin pressures**: Companies like Old Dominion are facing significant margin pressures, attributed to rising costs and operational challenges. - **Guidance sentiment**: Generally, companies exhibiting solid earnings have provided cautious but optimistic guidance, reflecting a tempered outlook amid macroeconomic uncertainties. ## Earnings Trade Ideas - Consider a **buy** on **$CTRE** following its positive earnings report and growth outlook. The attractive dividend yield might appeal to income-focused investors. - **$ODFL** could be a **short** candidate if the stock continues to react negatively to margin pressures and misses in revenue expectations, particularly if broader economic conditions deteriorate.