Earnings Recap - February 19, 2026 (Morning)

 ## Overnight Earnings Movers ### Beats & Positive Reactions **$NICE** - Nice Ltd. - Reported Q4 earnings of $1.27 per share, beating estimates by $0.03. Revenue came in at $507.7 million, exceeding expectations, which led to a 5% increase in stock price. The company attributed the growth to strong demand for its cloud-based customer engagement solutions. **$KAD** - Kadant Inc. - Delivered Q4 EPS of $1.39, surpassing the consensus estimate by $0.08. Revenue of $183.5 million also topped forecasts, boosting shares by 3.5%. The increase was driven by strong demand in the industrial and environmental sectors. **$NEXT** - NextEra Energy Partners - Reported Q4 earnings of $0.50 per share, exceeding expectations by $0.05. The revenue of $292 million showed robust growth, prompting a 4% rise in their stock price. The company highlighted increased cash flows from renewable energy projects. ### Misses & Negative Reactions **$DRE** - Duke Realty - Reported Q4 EPS of $0.35, missing estimates by $0.02. Revenue reached $275 million but was lower than anticipated, causing shares to drop 6%. The decline was attributed to lower leasing activity in its industrial portfolio. **$JBL** - Jabil Inc. - Missed Q1 EPS estimates by $0.15, reporting $1.29 versus the expected $1.44. Revenue of $7.02 billion was in line with expectations but raised concerns over future demand, resulting in a 7% decline in stock price. **$BYND** - Beyond Meat - Reported Q4 EPS loss of $0.24, missing estimates by $0.10. Revenue fell to $74.8 million from $100.6 million a year earlier, leading to a 10% drop in shares as investors reacted to ongoing struggles in the plant-based food market. ## Reporting Today - **$WMT** - Before market - Expected to report Q4 earnings, with estimates around $1.52 EPS and revenue of $164 billion. Key metrics to watch include same-store sales and guidance for 2026. - **$BKNG** - After market - Anticipated to report Q4 EPS of $21.50 and revenue of $4.2 billion. Focus on booking trends and outlook for travel demand in 2026. - **$AMZN** - After market - Forecasted to deliver Q4 earnings with estimates of $1.12 EPS and $143 billion in revenue. Watch for commentary on AWS performance and retail growth. ## Earnings Themes - **Revenue Trends**: Companies reporting strong revenue growth often attributed it to increased demand for cloud solutions and renewable energy projects. - **Margin Pressures**: Several companies, particularly in consumer goods and retail, are facing margin pressures due to rising costs and competitive pricing, leading to cautious guidance. - **Guidance Sentiment**: Mixed sentiment on guidance; while some companies raised forecasts due to strong demand, others issued cautious outlooks reflecting ongoing economic uncertainties. ## Earnings Trade Ideas - Consider **$NICE** for growth potential as it continues to outperform in the cloud space, especially with increasing demand for digital customer engagement solutions. - Look to **$WMT** before earnings as the stock could see volatility; positive results may offer a buying opportunity ahead of the anticipated retail recovery.