Earnings Recap - March 10, 2026 (Morning)

 ## Overnight Earnings Movers Companies that reported after yesterday's close or before today's open: ### Beats & Positive Reactions **$AAOI** - Applied Optoelectronics posted strong Q4 and full-year 2025 results, driving a 17.81% jump in its stock to $112.60. The company benefited from solid demand in optical components, which is fueling optimism around optical supply chains amid AI and data center growth. **$AMAT** - Applied Materials reported earnings that impressed investors, lifting shares 4.39% to $339.00. The semiconductor equipment maker is benefiting from robust chip demand and AI-related capital expenditures, supporting a positive outlook for 2026. **$AMKR** - Amkor Technology saw a 4.71% rise in shares to $43.57 after reporting earnings that suggest a favorable re-rating driven by AI-related semiconductor packaging demand. **$AMPX** - Amprius Technologies surged 7.72% to $17.59 following its earnings report, which attracted new analyst coverage and highlighted growth potential in advanced battery technologies. **$DNTH** - Dianthus Therapeutics shares jumped 19.56% to $77.95 after reporting interim responder analysis and early go decision for its CIDP trial, signaling promising clinical progress. **$NIO** - NIO reported a rare profit with EPS of $0.042 versus an estimate of -$0.0051 and revenue of $5.017 billion beating estimates of $4.833 billion. The stock rallied 11.09% to $5.31 on the news, reflecting strong sales and margin improvement. **$VRTX** - Vertex Pharmaceuticals gained 7.29% to $489.99 after upbeat analyst commentary and a reaffirmed buy rating, supported by strong cystic fibrosis franchise performance. **$MSTR** - MicroStrategy jumped 6.51% to $142.22 following earnings and renewed interest as a Bitcoin proxy amid growing AI and crypto enthusiasm. **$KLAC** - KLA Corporation shares rose 6.29% to $1429.10, boosted by strong semiconductor capital equipment demand and positive outlook commentary. **$MU** - Micron Technology climbed 5.97% to $392.40 on solid memory chip demand and AI-driven growth prospects. **$RIVN** - Rivian surged 8.98% to $16.75 after reporting increased customer orders and positive analyst attention on its electric vehicle ramp. ### Misses & Negative Reactions **$CHTR** - Charter Communications fell 4.41% to $222.00 after reporting earnings that disappointed on subscriber growth and revenue, raising concerns about competitive pressures in cable. **$ENR** - Energizer Holdings dropped 4.45% to $18.45 post-earnings as analysts questioned margin sustainability amid cost pressures. **$CRSP** - CRISPR Therapeutics declined 4.42% to $54.00 despite clinical progress, as investors weighed valuation concerns and pipeline risks. **$STEM** - Stem, Inc. shares slid 6.33% to $11.34 after narrowing net losses but missing broader profitability expectations. **$T** - AT&T shares dropped 4.19% to $27.44 following earnings that failed to impress on subscriber metrics and guidance. **$KSS** - Kohl’s stock sank after reporting a sales decline that overshadowed an earnings beat, with shares down notably in premarket trading. **$ESPR** - Esperion Therapeutics missed EPS estimates by 9.6% with reported EPS of $0.22 versus an estimate of $0.2433, although revenue slightly beat estimates. Shares moved higher post-report, reflecting acquisition plans. ## Reporting Today Companies expected to report earnings today: - **$NIO** - Before market - Key metrics include EPS of $0.042 (beat) and revenue of $5.017B (beat), with focus on margin expansion and profitability sustainability. - **$ASM** (Avino Silver & Gold Mines Ltd) - After market - EPS est. $0.08, revenue est. $29M. - **$AMC** - After market - EPS est. $0.08, revenue est. $29M. - **$AVAV** (AeroVironment Inc) - After market - EPS est. $0.678, revenue est. $476M. - **$BLND** (Blend Labs Inc) - After market - EPS est. $0.0011, revenue est. $32M. - **$BNTX** (BioNTech SE ADR) - Before market - EPS est. -$0.1905, revenue est. $906M. - **$CDRE** (Cadre Holdings Inc) - After market - EPS est. $0.4, revenue est. $183M. - **$DOMO** (Domo Inc) - After market - EPS est. -$0.0317, revenue est. $79M. - **$HPE** (Hewlett Packard Enterprise) - Before market - Recently raised FY EPS outlook despite Q1 revenue miss; EPS beat expected. - **$KSS** (Kohl’s Corp) - Before market - EPS est. $0.8646, revenue est. $5.009B; watch for sales trends and outlook. - **$PRTH** (Priority Technology Holdings Inc) - After market - EPS est. $0.2988, revenue est. $248M. - **$STGW** (Stagwell Inc) - Before market - EPS est. $0.2657, revenue est. $797M. - **$UNFI** (United Natural Foods Inc) - Before market - EPS est. $0.5051, revenue est. $8.108B. - **$WLFC** (Willis Lease Finance Corp) - Before market - EPS est. $3.38, revenue est. $149M. - **$XGN** (Exagen Inc) - Before market - EPS est. -$0.1897, revenue est. $17M. Light earnings calendar today for large-cap tech and consumer staples, with focus on specialty sectors and smaller cap names. ## Earnings Themes - Semiconductor and AI-related companies continue to report strong earnings beats and positive guidance, reflecting robust demand for chips and related equipment. Companies like **$AMAT**, **$KLAC**, and **$MU** are benefiting from AI-driven capital spending. - Electric vehicle makers such as **$NIO** and **$RIVN** are showing signs of profitability improvement and order growth, signaling a maturing EV market. - Retailers face mixed results; **$KSS** reported sales declines despite earnings beats, highlighting ongoing challenges in consumer spending and inventory management. - Biotech and specialty pharma companies show clinical progress but face valuation and pipeline risk concerns, as seen in **$CRSP** and **$BNTX**. - Margin pressures persist in some consumer and industrial sectors, with companies like **$ENR** and **$CHTR** experiencing headwinds from costs and competitive dynamics. - Guidance sentiment is mixed but leans positive in tech and semiconductor sectors, with some companies raising outlooks despite macro uncertainties. ## Earnings Trade Ideas 1. **$NIO** – With a rare profitable quarter and revenue beating estimates, NIO’s stock surged over 11%. The company’s improved margins and strong sales momentum make it a compelling EV play to consider ahead of today’s report. Watch for management’s commentary on production and pricing strategies. 2. **$AMAT** – Applied Materials’ strong beat and AI-driven demand tailwinds position it well for continued growth. The recent 4.39% stock gain suggests investor confidence in semiconductor capex recovery. Consider exposure to AMAT as a proxy for AI hardware growth. 3. Watch **$HPE** post-earnings today. Despite a revenue miss, the company raised its full-year EPS outlook, indicating confidence in cost controls and business transformation. This could present a trading opportunity if the market underreacts to the revenue miss but focuses on the raised guidance. Overall, the earnings landscape reflects a bifurcated market with tech and AI beneficiaries outperforming, while some consumer and specialty sectors face ongoing challenges.