Earnings Recap - March 08, 2026 (EOD)

 ## Today's Earnings Scorecard Earnings season continued to reflect a mixed market environment amid geopolitical tensions and surging oil prices. Energy-related companies generally outperformed, buoyed by oil prices surpassing $100 a barrel, while several tech and consumer discretionary names faced pressure after missing expectations or issuing cautious guidance. The broader market declined with the S&P 500 down 1.31% and the Nasdaq 100 off 1.66%, reflecting investor concerns over rising energy costs and geopolitical risks. ## Earnings Winners **$BA** - +3.75% - Boeing rallied after reporting strong quarterly results, benefiting from robust aerospace demand despite global uncertainties. The company’s guidance was maintained, signaling confidence in its production ramp-up. **$BP** - +3.10% - BP posted solid earnings, supported by higher oil prices amid supply disruptions in the Middle East. The company maintained its guidance, emphasizing disciplined capital allocation. **$KR** - +3.63% - Kroger impressed investors with better-than-expected revenue growth and margin expansion, benefiting from strong consumer demand. Guidance was raised, reflecting optimism on continued momentum. **$NOW** - +3.20% - ServiceNow beat EPS and revenue estimates, driven by strong enterprise software sales. The company raised its guidance, highlighting sustained demand for AI-enabled solutions. **$LMT** - +3.33% - Lockheed Martin shares rose following solid defense contract wins and steady backlog growth. Guidance was maintained, reflecting stable government spending. **$COST** - +1.29% - Costco reported better-than-expected sales and earnings, with strong membership growth and resilient consumer spending. Guidance was maintained. **$DPZ** - +1.42% - Domino’s Pizza beat estimates on both EPS and revenue, supported by digital sales growth. The company maintained its guidance. **$AMGN** - +0.51% - Amgen delivered solid earnings with stable margins and progress in its biosimilar pipeline. Guidance was maintained. ## Earnings Losers **$INTC** - -5.68% - Intel’s shares dropped sharply after missing EPS estimates and issuing cautious guidance amid ongoing challenges in its semiconductor manufacturing turnaround. **$AAL** - -5.51% - American Airlines fell after reporting weaker-than-expected earnings, citing rising fuel costs and operational disruptions as key headwinds. **$NNE** - -7.78% - Nano Nuclear Energy plunged following a disappointing earnings report and concerns over project delays. **$HOOD** - -5.06% - Robinhood’s shares declined after missing revenue estimates and highlighting regulatory uncertainties impacting growth. **$CCJ** - -4.15% - Cameco’s stock declined despite strong uranium contract wins, as investors focused on near-term margin pressures. **$COF** - -3.43% - Capital One missed earnings expectations, citing higher credit costs and cautious consumer spending. **$META** - -2.91% - Meta Platforms declined after reporting mixed results with slower ad revenue growth and cautious guidance on AI investments. **$NVDA** - -2.90% - Nvidia shares fell despite solid earnings, pressured by concerns over chip export restrictions and cautious near-term outlook. **$COIN** - -4.84% - Coinbase dropped following weaker crypto trading volumes and regulatory headwinds. **$DFH** - -4.93% - Dream Finders Homes disappointed on earnings and revenue, citing softer homebuilder demand. ## After-Hours Earnings **$PRME** - Results: Reported Q4 with $191.4M cash runway and focus on liver franchise - AH reaction: +2.80% **$CRCT** - Results: Met Q4 EPS at $0.04 with $708.8M full-year revenue - AH reaction: -2.17% **$OLPX** - Results: Q4 revenue grew 4% to $105.1M but missed EPS - AH reaction: -6.05% **$ATAI** - Results: Reported 2025 results and announced Q2 2026 Phase 3 launch for BPL-003 - AH reaction: -2.82% **$IBP** - Results: Resilient performance and strategic expansion reported - AH reaction: +24.65% **$VIV** - Results: Beat 2025 EPS with BRL 15.6B Q4 revenue driven by mobile and fiber - AH reaction: -0.69% **$RSKD** - Results: Achieved first GAAP profit in Q4 with record $99.3M revenue - AH reaction: -0.69% ## Earnings Themes Today - **Energy and Oil Prices:** Energy companies like BP and Boeing benefited from oil prices surging above $100 a barrel due to Middle East tensions disrupting supply. This geopolitical risk boosted energy sector earnings and outlooks. - **Tech Sector Caution:** Despite some beats, major tech names like Nvidia, Meta, and Intel faced pressure from cautious guidance, regulatory concerns, and export restrictions. AI-related investments remain a key focus but with tempered near-term optimism. - **Consumer Resilience Mixed:** Retailers such as Kroger and Costco showed strength with raised or maintained guidance, while discretionary names like Dream Finders Homes and Robinhood struggled with demand and regulatory challenges. - **Margins and Costs:** Several companies highlighted margin pressures from rising input costs, especially fuel and raw materials, impacting airlines and industrials. Some tech firms noted ongoing investments in AI and data centers weighing on margins. - **Guidance Tone:** The tone was mixed with some companies raising guidance (Kroger, ServiceNow) while others maintained or lowered expectations amid macro uncertainty and geopolitical risks. ## Tomorrow's Earnings Watch - **$SNAP** - Before market open - Key metric: User growth and ad revenue trends amid social media competition. - **$WMT** - Before market open - Key metric: Same-store sales and margin outlook in a challenging consumer environment. - **$UPS** - After market close - Key metric: Impact of rising fuel costs and delivery volumes on profitability. - **$ORCL** - After market close - Key metric: Cloud revenue growth and margin trajectory amid data center investments. ## Key Takeaway Today's earnings underscore the market's bifurcation amid geopolitical tensions and rising energy prices. While energy and select industrials capitalized on supply disruptions pushing oil above $100, tech and consumer discretionary sectors grappled with cautious outlooks and cost pressures. The mixed guidance and margin commentary reflect uncertainty about inflation persistence and global growth amid the Iran conflict. Investors remain focused on companies that can navigate these headwinds while sustaining growth, particularly those leveraging AI and resilient consumer demand.