Earnings Recap - February 16, 2026 (Morning)

 ## Overnight Earnings Movers Companies that reported after yesterday's close or before today's open: ### Beats & Positive Reactions **$MTSI** - **MACOM Technology Solutions** - Reported EPS of $0.45, exceeding estimates of $0.39. Revenue of $142.8 million also beat expectations, leading to a surge in stock price as investors responded positively to strong demand in the semiconductor sector. **$NTR** - **Nutrien** - Achieved an EPS of $1.15, surpassing the analyst consensus of $1.05. Revenue came in at $4.1 billion, driven by higher fertilizer prices, which has resulted in a favorable reaction in the market. ### Misses & Negative Reactions **$TSRYY** - **Treasury Wine Estates** - Reported a loss of A$149 million for the half-year, significantly missing expectations of a profit. The company cited challenges in the U.S. market and ongoing impairments, resulting in a sharp decline in share price. **$WEN** - **Wendy’s** - Q4 profit nearly halved to $0.14 per share, missing estimates of $0.19 as lower U.S. sales negatively impacted revenues. The stock reacted negatively, reflecting investor concerns over operational efficiency. ## Reporting Today Companies expected to report earnings today: - **$CAG** - Before market - Key metrics to watch include EPS estimates of $0.80 and revenue expectations of $2.4 billion. - **$SBUX** - After market - Analysts will focus on same-store sales growth and the outlook for international markets. - **$NKE** - After market - Key metrics include EPS expectations of $0.85 and revenue projections of $12.3 billion. ## Earnings Themes What patterns are emerging from recent reports? - **Revenue Trends**: Many companies are experiencing revenue growth due to pricing power, particularly in the consumer staples and technology sectors. - **Margin Pressures**: Companies like **$WEN** are facing margin pressures from rising costs, specifically in labor and raw materials. - **Guidance Sentiment**: Several companies are cautiously optimistic, with many raising guidance based on strong demand, particularly in sectors such as technology and agriculture. ## Earnings Trade Ideas - **$MTSI**: Following its strong earnings report, the stock may continue to rise as analysts are likely to revise their price targets upward, making it a potential buy. - **$NTR**: With positive momentum from its earnings report and a favorable outlook in the agricultural sector, consider buying on dips as the market adjusts to the new forecasts.