Earnings Recap - March 02, 2026 (EOD)

 ## Today's Earnings Scorecard Earnings season continued with a mix of beats and misses across various sectors. Notably, several companies in the energy, biotech, and software industries reported results that moved their stocks significantly. Defense and energy-related stocks showed strength amid geopolitical tensions, while some consumer and tech names faced headwinds. Overall, the market showed caution with the S&P 500 and Nasdaq 100 slipping slightly despite some strong individual earnings performances. ## Earnings Winners **$ASTH** - +27.05% - Beat by: EPS $0.12 vs. $0.1063 estimate, Revenue $951M vs. $930M estimate - Guidance: data not available Astrana Health surged on a solid beat in both earnings and revenue, signaling strong demand in medical care facilities. **$CGEN** - +27.07% - Beat by: EPS $0.60 vs. -$0.075 estimate, Revenue $67M vs. $2M estimate - Guidance: data not available Compugen posted a remarkable earnings surprise, turning profitable with a substantial revenue beat, driving a sharp rally. **$OUST** - +26.65% - Beat by: data not available - Guidance: strong Ouster’s stock soared after reporting Q4 earnings with revenue doubling and margins expanding to 60%, reflecting strong operational leverage and growth. **$RLYB** - +42.18% - Beat by: data not available - Guidance: data not available Rallybio’s impressive gain followed positive earnings and strategic developments, though specific financial details were not provided. **$CRCL** - +15.22% - Beat by: data not available - Guidance: data not available CorCal’s shares jumped significantly, likely on better-than-expected results or outlook, despite limited detailed data. **$ASTS** - +13.20% - Beat by: data not available - Guidance: data not available AST SpaceMobile rallied strongly, possibly benefiting from optimism around satellite ramp-up and revenue growth. **$KSPI** - +10.28% - Missed EPS slightly but beat revenue: EPS 3.2194 vs. 3.3075 est, Revenue $2303M vs. $2395M est - Guidance: data not available Kaspi.kz showed strong revenue growth despite a slight EPS miss, with shares rallying on solid fundamentals. **$PLUG** - +9.50% - data not available Plug Power’s notable gain likely reflects positive market sentiment on its clean energy prospects. **$AI** - +8.81% - data not available C3.ai’s strong rally suggests positive investor reaction to AI-related growth prospects. **$RDNT** - +7.86% - Beat by: EPS $0.23 vs. $0.2043 estimate, Revenue $548M vs. $517M estimate - Guidance: data not available RadNet delivered a solid earnings and revenue beat, driving a healthy stock lift. **$MQ** - +7.29% - data not available Marqeta’s gain reflects investor confidence despite mixed sector sentiment. **$WHF** - +6.67% - Beat by: EPS $0.287 vs. $0.2677 estimate, Revenue $17M in line - Guidance: data not available WhiteHorse Finance showed modest earnings upside and improved dividend coverage. **$NOC** - +6.02% - data not available Northrop Grumman’s defense exposure helped it rally amid geopolitical tensions. **$FOUR** - +6.51% - data not available Shift4 Payments’ strong gain followed Q4 earnings that impressed despite sector caution. **$SOFI** - +5.52% - data not available SoFi Technologies rose on insider buying and improving fundamentals. **$CF** - +4.78% - data not available CF Industries’ strong performance likely benefited from the energy and fertilizer price environment. **$BSY** - +4.73% - data not available Bentley Systems showed strong annual recurring revenue momentum, lifting shares. **$NTNX** - +4.75% - data not available Nutanix’s rally reflects optimism on AI platform gains and cash flow strength. **$AAON** - +4.06% - Beat by: Revenue $424M vs. $372M estimate, EPS missed slightly at $0.39 vs. $0.4483 estimate - Guidance: data not available AAON’s revenue beat helped offset a small EPS miss, pushing shares higher. **$TG** - +4.03% - data not available Targa Resources gained on positive energy sector momentum. **$SM** - +4.58% - data not available SM Investments Corp. benefited from strong fundamentals and sector tailwinds. ## Earnings Losers **$TPB** - -20.79% - Missed: EPS $0.42 vs. $0.87 estimate - Issue: Significant EPS miss despite revenue in line at $121M Turning Point Brands plunged on a large earnings miss that overshadowed steady revenue. **$QURE** - -33.78% - Missed: EPS -$0.57 vs. -$0.9139 estimate, Revenue $6M vs. $5M estimate - Issue: Despite beat, stock sold off sharply possibly due to negative sentiment or pipeline concerns. **$MDB** - -24.70% - Missed: data not available - Issue: Large stock drop suggests disappointment despite earnings beat last month. **$NCLH** - -10.53% - Missed: Revenue $2244M vs. $2343M estimate - Issue: Revenue miss amid travel sector uncertainty. **$IHRT** - -14.68% - Missed: data not available - Issue: iHeartMedia’s stock fell sharply despite earnings call, possibly due to concerns over advertising or debt. **$ADT** - -11.22% - Missed: Revenue $1276M vs. $1295M estimate - Issue: Revenue miss and cautious outlook led to steep selloff despite slight EPS beat. **$BYND** - -12.97% - data not available Beyond Meat’s sharp decline reflects ongoing challenges in the plant-based food sector. **$TEL** - -7.89% - data not available Teligent’s drop likely tied to execution or sector headwinds. **$WHR** - -6.39% - data not available Whirlpool’s decline follows guidance cut and equity raise concerns. **$MAC** - -2.34% - data not available Macerich’s shares fell on weaker outlook or operational challenges. **$BMY** - -0.05% - data not available Bristol-Myers Squibb was flat, reflecting mixed investor reaction to earnings. ## After-Hours Earnings **$TREE** - Results: Q4 Adj. EPS $(0.39) missed $0.87 estimate; Sales $319.7M beat $286.5M estimate - AH reaction: +12.39% LendingTree’s stock rallied strongly despite an EPS miss, driven by a significant revenue beat and raised sales guidance for Q1 and FY2026. **$CORZ** - Results: EPS $0.42 vs. $(0.69) prior year, Revenue $79.8M vs. $94.9M prior year - AH reaction: data not available Core Scientific showed a turnaround in profitability but revenue declined year-over-year. **$URGN** - Results: EPS -$0.54 vs. -$0.50 estimate, Revenue $38M vs. $40M estimate - AH reaction: -12.4% UroGen Pharma’s miss on both EPS and revenue led to a sharp after-hours decline. **$XERS** - Results: EPS $0.06 vs. $0.02 estimate, Revenue $83M vs. $82M estimate - AH reaction: -1.6% Xeris Biopharma beat estimates modestly but shares declined slightly after hours. **$UNIT** - Results: EPS -1.19 vs. -0.36 estimate, Revenue $917M vs. $877M estimate - AH reaction: +7.0% Uniti Group’s large EPS miss was offset by revenue beat and fiber growth, lifting shares after hours. **$SATS** - Results: EPS -4.27 vs. -0.75 estimate, Revenue $3796M vs. $3762M estimate - AH reaction: +2.7% EchoStar’s massive EPS miss contrasted with a revenue beat, leading to a volatile reaction. ## Earnings Themes Today - Revenue beats were common among energy, biotech, and infrastructure companies, often driving strong stock rallies despite mixed EPS results. - Margin commentary was mixed; some companies like Ouster highlighted margin expansion, while others faced pressure from costs or revenue shortfalls. - Guidance tone varied, with some firms raising outlooks (e.g., LendingTree’s strong sales guidance) while others offered cautious or disappointing forecasts, impacting stock reactions. - Geopolitical tensions in the Middle East supported defense and energy stocks, contributing to outperformance in those sectors. ## Tomorrow's Earnings Watch - **$ACHR** (Archer Aviation Inc) - After Market Close - Key metric to watch: EPS estimate -0.2369, Revenue $0M - **$AES** (AES Corp) - After Market Close - Key metric to watch: EPS estimate 0.6105, Revenue estimate $3.03B - **$AAON** (AAON Inc) - Before Market Open - Watch for margin trends and revenue growth after today’s mixed results. ## Key Takeaway Today's earnings underscored a bifurcated market landscape where companies with strong revenue growth and positive operational leverage, especially in energy and biotech, outperformed sharply. However, significant EPS misses and cautious guidance from some names, particularly in consumer and travel sectors, weighed on sentiment. The ongoing geopolitical tensions continue to bolster defense and energy stocks, while investors remain selective amid mixed signals on margins and growth prospects. This earnings patch highlights the market's focus on quality revenue growth and margin resilience in an uncertain macro environment.