Earnings Recap - February 19, 2026 (EOD)

 ## Today's Earnings Scorecard Today’s earnings reports showcased a mix of positive and negative outcomes, with some companies managing to outperform expectations while others faced significant challenges, leading to notable stock movements. ## Earnings Winners **$TANH** - +10% - Beat by: $0.08 EPS; Revenue of $215 million vs. $200 million expected - Guidance: Raised for 2026, citing continued strong demand. **$KHC** - +5% - Beat by: $0.12 EPS; Revenue of $7.2 billion vs. $7 billion expected - Guidance: Maintained, with a positive outlook on margins. **$NTR** - +3% - Beat by: $0.15 EPS; Revenue of $2.8 billion vs. $2.6 billion expected - Guidance: Raised, driven by strong fertilizer demand. ## Earnings Losers **$CVNA** - -15% - Missed: EPS by $0.99; Revenue of $4 billion vs. $4.3 billion expected - Issue: Continued inventory management issues and high operational costs. **$AMR** - -12% - Missed: EPS by $0.20; Revenue fell short at $500 million vs. $525 million expected - Issue: Declining demand in key markets and rising costs. **$HIMS** - -9% - Missed: EPS by $0.15; Revenue growth slowed significantly due to increasing competition - Issue: Concerns over customer retention and high acquisition costs. ## After-Hours Earnings **$BKNG** - Results: EPS of $30.15, beating estimates by $3.50; Revenue of $4.5 billion, above the $4.3 billion forecast - AH reaction: +4% **$ETSY** - Results not yet released - AH reaction: +2% on anticipation of strong sales growth from recent acquisitions. ## Earnings Themes Today - Revenue trends: Companies focusing on strong demand in niche markets (like fertilizers and consumer goods) are seeing better-than-expected results, while those in competitive sectors struggle. - Margin commentary: Several companies raised guidance based on improved margins, although some faced headwinds from rising operational costs. - Guidance tone: Overall, guidance was cautiously optimistic, with many firms highlighting resilience in their core markets despite broader economic concerns. ## Tomorrow's Earnings Watch - **$WMT** - Before - Key metric to watch: Guidance on future profit margins amid rising operational costs and inflation concerns. ## Key Takeaway Today’s earnings results illustrate a divided landscape where companies with strong demand in their sectors manage to thrive, while those facing competitive pressures or operational inefficiencies struggle significantly. Investors should keep an eye on guidance as companies navigate a complex economic environment.