Earnings Recap - March 13, 2026 (EOD)

 ## Today's Earnings Scorecard Earnings season continued with a mixed bag of results impacting various sectors. Notably, semiconductor and technology stocks showed volatility amid ongoing concerns about AI spending and guidance, while energy and financials displayed resilience despite geopolitical tensions. Several companies reported earnings beats but faced stock sell-offs due to cautious outlooks or margin pressures. Conversely, a few smaller-cap names rallied strongly on positive surprises and raised guidance. ## Earnings Winners **$APEI** - +21.40% - American Public Education beat expectations with strong Q4 results, supported by multiple price target raises from analysts. Guidance was maintained, reflecting confidence in continued growth. **$SVCO** - +50.28% - Silvaco Group posted solid earnings, driving a substantial rally. The company’s AI-related exposure and growth prospects likely fueled investor enthusiasm. **$LOCO** - +16.27% - El Pollo Loco surged after reporting earnings, with upbeat commentary on operational improvements and margin expansion. Guidance was maintained, supporting the positive sentiment. **$KRRO** - +15.22% - Korro Bio’s shares jumped on strong clinical progress and investor interest, signaling renewed confidence in its pipeline. **$CSBR** - +6.27% - Champions Oncology beat earnings estimates, leading to a notable stock gain. **$JCAP** - +6.53% - Jefferson Capital’s earnings beat and positive outlook contributed to a solid rally. **$IP** - +4.49% - International Paper’s director share purchase and steady results helped lift shares. **$MU** - +4.88% - Micron Technology’s stock gained on anticipation of another strong quarterly report, reflecting optimism in memory demand. **$NKTR** - +3.75% - Nektar Therapeutics rallied following positive clinical updates and earnings beat. **$CVNA** - +2.57% - Carvana’s shares rose after earnings, supported by improving fundamentals. **$BA** - +2.51% - Boeing’s solid delivery performance and shareholder approvals helped lift the stock. **$KMB** - +1.98% - Kimberly-Clark’s dividend king status and steady earnings supported a modest gain. **$SCHW** - +1.99% - Charles Schwab’s strong revenue growth forecast for Q1 2026 contributed to a positive move. ## Earnings Losers **$ADBE** - -7.24% - Adobe’s shares dropped sharply despite beating earnings, as concerns over slowing annual recurring revenue growth and CEO transition weighed on sentiment. **$CAPR** - -10.21% - Capricor Therapeutics missed earnings and revenue estimates, with guidance cut due to operational challenges, resulting in a steep decline. **$DOUG** - -26.72% - Douglas Elliman missed EPS by 45% and revenue fell short, triggering a heavy sell-off amid concerns over market softness. **$PAR** - -6.81% - PAR Technology’s stock tumbled on a convertible note offering that raised dilution concerns. **$CRMT** - -11.22% - Creative Realities missed earnings and revenue, leading to a significant drop. **$SRFM** - -19.44% - Surf Air Mobility’s earnings miss and weak guidance caused a sharp decline. **$RWAY** - -5.01% - Runway Growth Finance missed earnings by $0.04 and revenue fell short, pressuring the stock. **$KFS** - -5.29% - Keefe Bruyette’s shares declined on earnings miss and cautious outlook. **$MOS** - -6.54% - Mosaic’s shares fell on disappointing earnings and margin pressures. **$HNRG** - -9.78% - Hallador Energy’s earnings beat was offset by revenue miss and weak guidance, causing a steep drop. **$ZUMZ** - -8.58% - Zumiez’s earnings miss and margin contraction weighed heavily on the stock. **$BETR** - -7.80% - Better Home & Finance Holding Company’s earnings beat was overshadowed by concerns over growth sustainability. ## After-Hours Earnings **$ADBE** - Results: Beat on EPS but revenue growth concerns - AH reaction: Shares down sharply post-close. **$PAR** - Results: Convertible note offering announced - AH reaction: Shares down on dilution fears. **$APEI** - Results: Strong Q4 earnings beat - AH reaction: Shares rallied significantly. **$LOCO** - Results: Positive earnings and margin commentary - AH reaction: Shares up strongly. **$SRFM** - Results: Earnings miss - AH reaction: Shares declined further. (Note: Some companies like **$MU** and **$NKTR** have earnings expected soon or results not yet released.) ## Earnings Themes Today - **Revenue Trends:** Many companies reported mixed revenue results, with some beats in education and AI-related sectors, while others in energy and industrials showed softness due to geopolitical and supply chain pressures. - **Margin Commentary:** Margin pressures were a common theme, especially in tech and retail, where rising costs and cautious outlooks weighed on investor sentiment despite earnings beats. - **Guidance Tone:** Guidance was generally cautious or maintained, reflecting uncertainty from macroeconomic factors such as inflation, geopolitical tensions, and evolving AI investments. Some companies raised targets, particularly in education and niche tech sectors. ## Tomorrow's Earnings Watch - **$MU** - Before Market Open - Key metric to watch: Memory demand trends and margin outlook amid AI-driven semiconductor growth. - **$NVDA** - Before Market Open - Key metric to watch: AI chip sales and guidance amid GTC 2026 conference anticipation. - **$META** - After Market Close - Key metric to watch: AI investment impact and user growth metrics. - **$AMZN** - After Market Close - Key metric to watch: AWS growth and advertising revenue amid regulatory scrutiny. - **$CRM** - After Market Close - Key metric to watch: Cloud subscription growth and margin trajectory. ## Key Takeaway Today's earnings revealed a market grappling with the dual forces of AI-driven optimism and macroeconomic caution. While several smaller and mid-cap companies in education and AI infrastructure outperformed and rallied strongly, large-cap tech names like Adobe and Meta faced headwinds from margin pressures and cautious guidance. Energy and financial sectors showed resilience despite geopolitical uncertainties. Overall, investors are parsing through mixed signals, favoring companies with clear growth catalysts and disciplined cost management as the broader market navigates inflation, geopolitical risks, and evolving technology investments.