Earnings Recap - February 20, 2026 (EOD)

 ## Today's Earnings Scorecard Today's earnings reports showcased a mixed performance with several companies exceeding expectations, while others faced challenges that impacted their stock prices. ## Earnings Winners **$TDS** - +8% - Beat by: EPS $1.05 vs. expected $0.95; Revenue $1.15B vs. $1.10B - Guidance: Raised guidance for FY 2026, citing stronger demand for services. **$EXR** - +6% - Beat by: EPS $1.50 vs. expected $1.42; Revenue $530M vs. $525M - Guidance: Maintained outlook with focus on expanding portfolio. **$CARG** - +5% - Beat by: EPS $0.80 vs. expected $0.75; Revenue $212M vs. $210M - Guidance: Positive commentary on upcoming product launches driving future growth. ## Earnings Losers **$DNOW** - -12% - Missed: EPS $0.20 vs. expected $0.35; Revenue $550M vs. $600M - Issue: Decline in demand from the oil and gas sector impacted sales. **$PPL** - -5% - Missed: EPS $0.45 vs. expected $0.50; Revenue $2.1B vs. $2.2B - Issue: Increased operational costs led to lower margins. **$AMH** - -4% - Missed: EPS $0.70 vs. expected $0.75; Revenue $320M vs. $325M - Issue: Rising expenses associated with property management. ## After-Hours Earnings **$RIG** - Results: EPS $0.30 vs. expected $0.25; Revenue $700M vs. $680M - AH reaction: Stock up 10% on strong demand signals for drilling services. **$SNOW** - Results: EPS $0.70 vs. expected $0.75; Revenue $635M vs. $640M - AH reaction: Stock down 8% as investors react to slight revenue miss. ## Earnings Themes Today - Revenue trends indicated a strong performance in sectors tied to energy and technology, while traditional sectors like real estate and utilities faced headwinds. - Margin commentary from several companies highlighted increasing operational costs impacting profitability. - Guidance from multiple firms was optimistic, signaling confidence in recovery and growth driven by demand in strategic areas. ## Tomorrow's Earnings Watch - **$NEM** - After - Key metric to watch: EPS expectations and outlook for gold prices. - **$AMD** - After - Key metric to watch: Performance in data center sales and AI-related revenues. ## Key Takeaway Today's earnings highlight a bifurcated market, where sectors such as technology and energy are thriving, while traditional industries face challenges. As some companies raise their future guidance amid rising demand, others are grappling with cost pressures that may hinder profitability in the near term. Investors should remain vigilant as earnings season unfolds and assess the implications of these results on broader market trends.