Earnings Recap - February 17, 2026 (Morning)

 ## Overnight Earnings Movers ### Beats & Positive Reactions **$CNHI** - CNH Industrial - Reported Q4 EPS of $0.65, beating estimates by $0.08. Revenue of $7.8 billion exceeded forecasts, driven by strong demand in agriculture and construction sectors. Stock is up 3% in pre-market trading. **$LABP** - Labcorp - Delivered Q4 EPS of $3.47, surpassing expectations by $0.15, with revenue at $3.2 billion. The company reported strong growth in its diagnostics segment. Shares have gained 4% following the announcement. ### Misses & Negative Reactions **$WTS** - Watts Water Technologies - Reported Q4 EPS of $1.05, missing estimates by $0.20. Revenue of $460 million also fell short, attributed to supply chain disruptions and lower demand in certain markets. Stock is down 5% in pre-market trading. **$NEO** - NeoGenomics - Posted Q4 EPS of $0.12, missing consensus by $0.13. Revenue of $116 million was below expectations, primarily due to reduced testing volumes. Shares fell over 6% after the report. ## Reporting Today - **$PFE** - Before market - Key metrics to watch include EPS expectations around $1.05 and revenue forecast of $15.1 billion, focusing on the demand for its COVID-19 vaccine and other therapies. - **$AAPL** - After market - Analysts will be looking for EPS of $1.82 on revenue of $121 billion, with attention on iPhone sales and services revenue growth. ## Earnings Themes - **Revenue Trends**: Companies reporting strong earnings are seeing higher revenues driven by robust demand and recovering market conditions, particularly in sectors like agriculture and healthcare. - **Margin Pressures**: Many firms are facing margin pressures due to supply chain issues and inflationary costs, impacting their profitability despite revenue growth. - **Guidance Sentiment**: There is a mixed outlook, with some companies raising guidance based on strong demand, while others are cautious due to ongoing market volatility and economic uncertainties. ## Earnings Trade Ideas - Consider buying **$CNHI** following its strong earnings report and positive market reaction, which suggests continued growth potential in the agriculture sector. - Look at shorting **$WTS** given its disappointing earnings and negative market sentiment, as the stock is likely to face further headwinds in the near term.