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Most Investors Haven't Read Scalare's Half-Year Filing. That Is the Opportunity.
The ASX small cap with 360% lodged revenue growth is still an unread PDF to most of the market. Not for long.
Scalare Partners (ASX: SCP) Just Posted 360% Revenue Growth. Read the Filing Before the Market Does.
Lodged with the ASX on 27 February 2026. Most of the market still hasn't opened it. The investor brief has.
Adobe Lifted Its Annual Revenue and EPS Targets. It Left the ARR Growth Target Alone.
The fiscal third-quarter release raised Adobe's FY2026 revenue and earnings ranges against the targets it published in June, while the total ending ARR growth target and the non-GAAP operating margin target stayed exactly where they were. All of those figures are targets, not results.
Oracle's Fiscal 2027 Guide Picked Up Two Words and a Nickel
June's release confirmed prior guidance of $90 billion of fiscal 2027 revenue and raised the non-GAAP EPS guide to $8.05. Thursday's first-quarter release says at least $90 billion, and non-GAAP EPS of $8.10. Both are forecasts, not results.
Adobe reports Thursday night against a revenue target that already builds in the Semrush deal
Adobe releases fiscal third-quarter results after Thursday's close against a target of $6.67 billion to $6.72 billion in revenue, GAAP earnings of $4.40 to $4.45 a share and non-GAAP earnings of $6.05 to $6.10. The company said in June that those targets "factor in the acquisition of Semrush Holdings, Inc. and assume current macroeconomic conditions" — a clause that keeps the guide from being a clean organic comparison.
Macy's adjusted second-quarter EPS of $0.63 includes a $0.23 net tariff refund benefit
Macy's, Inc. reported GAAP diluted earnings of $0.62 a share and adjusted diluted earnings of $0.63 for the second quarter of 2026, and said adjusted EPS was up 14% excluding the net tariff refund benefit. The company raised all four lines of its full-year outlook from the ranges it set on June 3.
As of Sept. 4, seventy S&P 500 companies had guided third-quarter EPS up and 41 down
FactSet's Sept. 4 Earnings Insight put positive third-quarter EPS guidance at 70 companies against a five-year average of 43, with negative guidance at 41. The estimated third-quarter earnings growth rate had risen to 28.5% from 26.6% at the start of the quarter on June 30, reversing the usual within-quarter drift. All figures are as of Sept. 4 and have not been updated since.
GameStop's GAAP profit runs 85% above its adjusted profit, and the raised outlook tracks neither
Second-quarter net income of $298.7 million included $238.4 million of pre-tax gains the company strips out of its adjusted figures. GameStop lifted its fiscal 2026 outlook to Adjusted EBITDA above $650 million, a measure it says in the release it cannot reconcile to GAAP net income.
Earnings
Scalare Partners (ASX: SCP) Just Posted 360% Revenue Growth. Read the Filing Before the Market Does.
Lodged with the ASX on 27 February 2026. Most of the market still hasn't opened it. The investor brief has.
Adobe Lifted Its Annual Revenue and EPS Targets. It Left the ARR Growth Target Alone.
The fiscal third-quarter release raised Adobe's FY2026 revenue and earnings ranges against the targets it published in June, while the total ending ARR growth target and the non-GAAP operating margin target stayed exactly where they were. All of those figures are targets, not results.
Macy's adjusted second-quarter EPS of $0.63 includes a $0.23 net tariff refund benefit
Macy's, Inc. reported GAAP diluted earnings of $0.62 a share and adjusted diluted earnings of $0.63 for the second quarter of 2026, and said adjusted EPS was up 14% excluding the net tariff refund benefit. The company raised all four lines of its full-year outlook from the ranges it set on June 3.
GameStop's GAAP profit runs 85% above its adjusted profit, and the raised outlook tracks neither
Second-quarter net income of $298.7 million included $238.4 million of pre-tax gains the company strips out of its adjusted figures. GameStop lifted its fiscal 2026 outlook to Adjusted EBITDA above $650 million, a measure it says in the release it cannot reconcile to GAAP net income.
Previews
Lennar's Third-Quarter Release Lands Hours After the Fed Decision, Against Its Own Guide of About 16% Gross Margin on Home Sales
The homebuilder releases fiscal third-quarter results after Wednesday's close, hours after the FOMC's September decision and the night before August housing starts. Its own June guidance points below the deliveries, average price and margin it reported a year ago.
Adobe reports Thursday night against a revenue target that already builds in the Semrush deal
Adobe releases fiscal third-quarter results after Thursday's close against a target of $6.67 billion to $6.72 billion in revenue, GAAP earnings of $4.40 to $4.45 a share and non-GAAP earnings of $6.05 to $6.10. The company said in June that those targets "factor in the acquisition of Semrush Holdings, Inc. and assume current macroeconomic conditions" — a clause that keeps the guide from being a clean organic comparison.
Oracle's $8.05 guide is called 18% growth against a base its reported results do not show
Oracle reports first-quarter fiscal 2027 results after Thursday's close. Its full-year non-GAAP EPS guide implies a fiscal 2026 starting point roughly 80 cents below the $7.631 the company actually reported, because two asset sales are backed out of the comparison.
Casey's will report after Tuesday's close against an outlook that stops at EBITDA
The convenience chain's fiscal 2027 guidance, published in June, sets ranges for same-store sales, inside margin, fuel gallons, operating expenses and EBITDA growth. It contains no net income or per-share figure, and no fuel margin line at all.
Reactions
Marvell Posted Record Revenue and Beat Its Own Guidance Midpoint by $39 Million. It Said It Was Raising Two Years of Outlook Without Putting the Numbers in the Release.
The chipmaker's self-reported fiscal second-quarter revenue of $2.739 billion topped the midpoint of the guidance it issued on May 27. The release says the company is again raising its fiscal 2027 and fiscal 2028 revenue outlook but carries no annual figure for either year. As of a 9:54 a.m. ET Friday digest, the stock was down close to 6 percent, with the US session still open.
BJ's headline comparable club sales rose 11.9%. Excluding gasoline, the figure the company actually guides on, they rose 3.1%.
BJ's Wholesale Club reported GAAP diluted EPS of $1.36 for the 13 weeks ended August 1, 2026, with adjusted EPS identical at $1.36 because the quarter's reconciliation carries no adjustments. Merchandise gross margin rate fell 20 basis points. The company raised its full-year adjusted EPS range to $4.60-$4.80 from $4.40-$4.60 while leaving its ex-gasoline comp guidance unchanged. Benzinga put the shares up 3.59% at $94.58 in Friday intraday trade, in a report timestamped 10:25 a.m. Eastern; Friday's session had not closed at the time of writing.
JD.com's Revenue Fell 2.9%. We Checked the "First Since 2014" Claim Before Repeating It.
JD returned to an operating profit and beat on the bottom line, and the ADSs fell 7.31% on Thursday anyway. The claim doing the rounds is that revenue has never fallen since the 2014 listing.
Tapestry Passed the Quarter and Flunked the Outlook: FY27 Guide Bakes In Another Kate Spade Decline
Coach carried a beat, the dividend went up 16%, and the stock still lost roughly 16% on Thursday. The fiscal 2027 revenue and EPS ranges landed at or below where the Street already was — and management's own plan calls for Kate Spade to shrink again.
Guidance
Most Investors Haven't Read Scalare's Half-Year Filing. That Is the Opportunity.
The ASX small cap with 360% lodged revenue growth is still an unread PDF to most of the market. Not for long.
Oracle's Fiscal 2027 Guide Picked Up Two Words and a Nickel
June's release confirmed prior guidance of $90 billion of fiscal 2027 revenue and raised the non-GAAP EPS guide to $8.05. Thursday's first-quarter release says at least $90 billion, and non-GAAP EPS of $8.10. Both are forecasts, not results.
Kroger's identical sales guide carries a 130 basis point drag disclosed only in a footnote
The grocer reports second-quarter results before Friday's open. Every profit line in its fiscal 2026 outlook table is an adjusted measure the company says it cannot fully reconcile to GAAP, and the sales range absorbs an Inflation Reduction Act headwind flagged in small print.
ABM lifts its adjusted EPS midpoint by two and a half cents while cutting the segment margin guide
Fiscal third-quarter GAAP diluted EPS was $0.84; the adjusted figure was $1.04. The full-year adjusted range narrowed to $3.95-$4.10 from $3.85-$4.15, and the segment operating margin outlook came down to 7.7%-7.8% from 7.8%-8.0%.
Season Scorecard
As of Sept. 4, seventy S&P 500 companies had guided third-quarter EPS up and 41 down
FactSet's Sept. 4 Earnings Insight put positive third-quarter EPS guidance at 70 companies against a five-year average of 43, with negative guidance at 41. The estimated third-quarter earnings growth rate had risen to 28.5% from 26.6% at the start of the quarter on June 30, reversing the usual within-quarter drift. All figures are as of Sept. 4 and have not been updated since.
FactSet Put Blended Second-Quarter Growth at 50.4%. Excluding Alphabet and Amazon, It Was 32.0%.
The compiler's own August 7 update carries both numbers side by side, along with an aggregate earnings surprise of 29.2% that falls to 10.9% once the same two companies come out. The stragglers reporting this week are on a different fiscal calendar entirely.
Three Wednesday-Night Reports, Three Different GAAP-to-Non-GAAP Directions: Nvidia, Salesforce and CrowdStrike
Nvidia's GAAP EPS landed above its adjusted number. Salesforce's sat $1.61 below. CrowdStrike's GAAP net income was roughly one sixty-first of its non-GAAP figure. Same label, three different stories.
Nvidia's 'Second Quarter' Ended July 26. DICK'S Ended Aug. 1. Intuit's Report Tonight Closes a Fiscal Year.
The last heavy week of the season is stacked with companies whose quarters do not line up with the calendar, with each other, or with the blended growth rate everyone is quoting.
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UNFI guides fiscal 2027 adjusted EPS growth at close to three times its adjusted EBITDA growth
Full-year GAAP diluted EPS was $1.34 against adjusted EPS of $2.65. The new outlook puts adjusted EBITDA up about 7.7% at the midpoint and adjusted EPS up about 22.6% - a gap that sits below the operating line.
Casey's will report after Tuesday's close against an outlook that stops at EBITDA
The convenience chain's fiscal 2027 guidance, published in June, sets ranges for same-store sales, inside margin, fuel gallons, operating expenses and EBITDA growth. It contains no net income or per-share figure, and no fuel margin line at all.
Samsara's GAAP Operating Income Was $4.9 Million and Its Adjusted Operating Income Was $106.0 Million. Stock Compensation of $101.1 Million Is Almost the Whole Gap.
Fiscal second-quarter revenue of $508.4 million landed $24.4 million above the top of the range the company guided in June. GAAP earnings per share fell sequentially to $0.03 while non-GAAP earnings per share rose to $0.20.
Docusign Beat Its Own Quarter by $8.7 Million and Raised the Full Year by $7 Million
The fiscal 2027 revenue guide moved from $3,490-$3,502 million to $3,499-$3,507 million. At the midpoints that increase is smaller than the second-quarter revenue beat, which leaves the implied second half fractionally lower than it was in June.
A Four-Session Week: Oracle and Adobe Will Report the Same Night, and Only One of Them Guided a GAAP Earnings Range
Labor Day cuts the week of Sept. 8 to four sessions. GameStop will open it on Tuesday having already published preliminary figures showing net income up sharply and sales down sharply; Oracle and Adobe will both report after Thursday's close, and Kroger will close the week on Friday.
Ciena Revenue Climbs 37% on AI Network Spending; CFO Sketches Fiscal 2027 Above $8.3 Billion
The optical networking maker posted adjusted earnings of $2.11 a share against GAAP earnings of $1.83, lifted its fiscal 2026 revenue outlook to $6.42 billion, and told analysts hyperscalers now account for roughly half its business. Premarket quotes swung from a gain to a steep loss.
Victoria's Secret Raises Its Full-Year Sales Outlook but Guides Third-Quarter Operating Income to $10 Million to $20 Million
Second-quarter net sales rose 10% and adjusted earnings beat both compilers' consensus, yet the retailer's plan to step up marketing spending left the current quarter's profit guide well below Street expectations. Shares fell sharply in premarket trading.
Toro's GAAP Earnings Rose 50% and Its Adjusted Earnings Rose 7%: Reading a Quarter With Two Answers
The lawn and turf equipment maker posted fiscal third-quarter net sales of $1.226 billion, up 8.4%, and narrowed its full-year sales growth range upward. The distance between its two earnings presentations is the most instructive number in the release.
Snowflake Reports Tonight With No GAAP Counterpart to Its Margin Guide: Last Quarter's Two EPS Lines Were $1.25 Apart
Snowflake releases second-quarter fiscal 2027 results after Wednesday's close, against a company guide of $1,415m-$1,420m in product revenue and a 12.5% non-GAAP operating margin. There is no GAAP counterpart to that margin guide, and in the April quarter the company's GAAP and non-GAAP per-share lines pointed in opposite directions.
Two Discounters Raised Full-Year Guidance on Tariff Refunds Neither Company Adjusted Out
Dollar Tree booked a $1.31-per-share tariff refund benefit inside a $2.70 quarter, and its GAAP and adjusted EPS came in identical, meaning the refund survives both measures. Dollar General's $0.25 benefit accounts for 43.5% of the midpoint increase in its full-year guidance, and unlike Dollar Tree, whose release announces an increase only at the earnings line, it also raised its sales and same-store sales ranges.
Campbell's Closes Fiscal 2026 on Thursday Against a Reaffirmed $2.15-$2.25 Adjusted EPS Range
Campbell's reports fourth-quarter and full-year fiscal 2026 results before Thursday's open, with a full-year adjusted EPS range it last reaffirmed on June 5 and an adjusted EBIT guide calling for a 20% to 17% decline. In the third quarter its GAAP EPS rose 86% while its adjusted EPS fell 32%, and the reason the GAAP line rose is a narrowing of the gap between the two measures rather than an improvement in the business.
Medtronic grew 13.7% in a quarter that had a 53rd week in it
Medtronic reported fiscal first-quarter results before Tuesday's open, raised its full-year outlook and posted non-GAAP diluted earnings of $1.45 a share against a GAAP figure of $1.14. Buried in the release is the reason the top-line number looks the way it does: fiscal 2027 is a 53-week year, and the extra week landed in the quarter just reported.
Zscaler already told investors what fiscal 2027 looks like. Thursday is when it has to mean it
Zscaler closes its fiscal year with a report after Thursday's close, and its own May shareholder letter has already put a number on the year that follows: total ARR and revenue growth of 16 to 17 percent. That is roughly eight percentage points below the growth rate the company has guided fiscal 2026 to finish at.
Five reports land after tonight's close, and expectations sit at or above the top of every guided range we checked
Credo, Dell, GitLab, MongoDB and Palo Alto Networks all report after the close on Tuesday. Checked against the last guidance each company published, the per-share expectations circulating into the print sit at the ceiling of the guided range — or through it — wherever a range exists. Three of the four whose guidance we verified most recently posted a GAAP operating loss.
SAIC Raised Its Full-Year Adjusted EPS Guide to $10.65-$10.75. It Earned $10.75 on That Measure Last Year.
The government-services contractor reported fiscal second-quarter results before Monday's open and lifted its fiscal 2027 outlook for the second time this year. Read the raised range against last year's actual and the ceiling is exactly flat; read it against the first half already banked and it requires a smaller second half.
Lululemon Reports Thursday With No Adjusted EPS to Hide Behind, and a Consensus That Sits Inside Its Own Guidance Range
The company told investors in June to expect second-quarter diluted earnings of $1.76 to $1.81 against $3.10 a year earlier. The Zacks-compiled consensus of $1.79 falls between those two numbers, which means the Street is largely scoring lululemon against a bar lululemon set. One compiled revenue figure points the opposite way from the company's own range.
Broadcom Guides Three Numbers for Wednesday Night, and Earnings Per Share Is Not One of Them. Three Previews Carry Three Different EPS Estimates.
Broadcom's outlook for the quarter it reports on September 2 consists of a revenue figure and two margin percentages. No earnings-per-share guide exists. Compiled estimates circulating this week run from $2.83 to $3.24, only one of the three previews we checked names the compilers behind its number, and none of the three says whether the figure is GAAP or non-GAAP.
Marvell Posted Record Revenue and Beat Its Own Guidance Midpoint by $39 Million. It Said It Was Raising Two Years of Outlook Without Putting the Numbers in the Release.
The chipmaker's self-reported fiscal second-quarter revenue of $2.739 billion topped the midpoint of the guidance it issued on May 27. The release says the company is again raising its fiscal 2027 and fiscal 2028 revenue outlook but carries no annual figure for either year. As of a 9:54 a.m. ET Friday digest, the stock was down close to 6 percent, with the US session still open.
Autodesk Raised Its Fiscal 2027 Revenue Guide and Cut the Floor of Its GAAP EPS Range by 18 Cents. The MaintainX Deal Sits on Only One Side of That Comparison.
The August outlook lifts revenue by $130 million to $140 million against the May guide and widens the GAAP earnings band to 83 cents, while narrowing the non-GAAP band to eight. May's numbers excluded the acquisition; August's include it.
FactSet Put Blended Second-Quarter Growth at 50.4%. Excluding Alphabet and Amazon, It Was 32.0%.
The compiler's own August 7 update carries both numbers side by side, along with an aggregate earnings surprise of 29.2% that falls to 10.9% once the same two companies come out. The stragglers reporting this week are on a different fiscal calendar entirely.
Nvidia's GAAP EPS of $2.46 Came In Above Its Non-GAAP $2.22. A $7.77 Billion Equity Gain Explains the Inversion.
Nvidia posted fiscal second-quarter revenue of $96.2 billion after Wednesday's close. The rarer number is the earnings pair: GAAP earnings per share landed above the adjusted figure, not below it.
Nvidia Guided to $108.0 Billion for Its Third Quarter and Said the Number Assumes No Data Center Compute Revenue From China
The outlook implies a 12.2% sequential step up from the $96.221 billion just reported, and it carries an explicit exclusion that also appeared in the company's previous outlook. Gross margin is guided a full point lower than the quarter that just closed.
Three Wednesday-Night Reports, Three Different GAAP-to-Non-GAAP Directions: Nvidia, Salesforce and CrowdStrike
Nvidia's GAAP EPS landed above its adjusted number. Salesforce's sat $1.61 below. CrowdStrike's GAAP net income was roughly one sixty-first of its non-GAAP figure. Same label, three different stories.
Intuit Reports Fiscal Q4 Non-GAAP EPS of $4.03 Against Its Own $3.56-$3.62 Guide, and Redefines Non-GAAP for Fiscal 2027
The quarter ended July 31 came in above every line of the guidance Intuit issued in May. Buried in the same release: effective Aug. 1, 2026, share-based compensation is no longer excluded from Intuit's non-GAAP measures, which makes the fiscal 2027 non-GAAP outlook non-comparable to the fiscal 2026 non-GAAP result printed a few paragraphs above it.
Semtech Posts Fiscal Q2 Net Sales of $341.9 Million Against a $328.0 Million Guide, With GAAP EPS of $1.59 Running Above Non-GAAP EPS of $0.71
The chipmaker cleared the top of its own revenue range by $8.9 million and guided the October quarter to $410.0 million. The rarer detail is the direction of the GAAP-to-non-GAAP gap: reported GAAP earnings per share came in more than twice the adjusted figure, the opposite of the usual arrangement.
Nvidia Reports Fiscal Q2 After Wednesday's Close Against Its Own $91.0 Billion Guide, With Compiled Consensus Running $91.7 Billion to $92.2 Billion
The company's May outlook assumes no data center compute revenue from China at all. Also worth watching: Nvidia's GAAP earnings per share came in above its non-GAAP figure last quarter, and the widely quoted $2.08 consensus does not say which basis it is on.
DICK'S Reported $3.50 GAAP and $3.53 Non-GAAP. Three Cents Apart Is the Strange Part.
DICK'S Sporting Goods' second quarter carried $29.3 million of Foot Locker acquisition costs and a $38.1 million tariff refund that very nearly cancel each other out in the reconciliation. Run the same exercise over six months and the two measures swap places.
Intuit Closes Its Fiscal Year After Tonight's Bell. Its Own Fourth-Quarter Guide Spans $0.73 and $3.62.
Intuit will report fiscal fourth-quarter and full-year results after Tuesday's close. The consensus numbers circulating this week sit neatly inside the non-GAAP half of a guide whose two halves are nearly $3 a share apart — and none of them say which half they belong to.
Nvidia's 'Second Quarter' Ended July 26. DICK'S Ended Aug. 1. Intuit's Report Tonight Closes a Fiscal Year.
The last heavy week of the season is stacked with companies whose quarters do not line up with the calendar, with each other, or with the blended growth rate everyone is quoting.
PDD Holdings' Q2 operating profit rose 8% while net income fell 12%: the whole gap sits below the operating line
PDD Holdings reported second-quarter revenue of RMB112.4 billion on Aug. 24, up 8% year over year, and operating profit of RMB27.8 billion, also up 8%. Net income attributable to ordinary shareholders nonetheless fell 12% to RMB27.2 billion, and non-GAAP net income fell 13% to RMB28.5 billion. Revenue undershot the LSEG-compiled consensus of RMB116.35 billion cited by Reuters, yet the shares rose 4.6% in New York premarket trading.
XPeng's total gross margin rose to 20.7% while vehicle margin fell to 12.1%, and its Q3 delivery guide brackets zero growth
XPeng reported second-quarter revenue of RMB19.74 billion on Aug. 24, up 8.0% year over year and 51.5% sequentially, with total gross margin of 20.7% and vehicle margin of 12.1%. The GAAP net loss widened to RMB1.34 billion from RMB0.48 billion a year earlier; the non-GAAP net loss was RMB1.24 billion. Third-quarter guidance of 115,000 to 121,000 deliveries implies a year-over-year change of roughly minus 0.87% to plus 4.30%.
Week ahead, Aug. 24-28: Nvidia will report against its own $91 billion guide, and Salesforce's GAAP guide is $1.51 below its adjusted one
Nvidia is scheduled to report fiscal second-quarter results after the close on Wednesday, Aug. 26, against company guidance issued in May of $91.0 billion in revenue plus or minus 2%. Kiplinger's calendar for the week, which credits its estimate data to Refinitiv, an LSEG business, via Yahoo Finance and to S&P Global Market Intelligence via Briefing.com, listed $92.07 billion in revenue and $2.09 in adjusted EPS as of Aug. 24; a Barchart piece carried on Yahoo Finance on Aug. 22 put the same quarter at $92.01 billion and $2.01. Salesforce reports the same afternoon, having guided to GAAP diluted EPS of $1.74 to $1.76 and non-GAAP diluted EPS of $3.25 to $3.27 for the quarter.
Walmart's GAAP earnings per share fell 9% in fiscal Q2 while its adjusted number rose 19%. Almost the entire divergence sits in last year's comparison base, not in this year's quarter.
Walmart reported GAAP diluted EPS of $0.80 for the quarter ended July 31, 2026, down from $0.88, and adjusted EPS of $0.81, up from $0.68. The current quarter carried a net $0.01 of adjustments; the year-ago quarter carried a net $0.20. Walmart U.S. comparable sales excluding fuel rose 2.6% against an LSEG consensus of 3.8%, and the shares closed Thursday at $103.84.
Ross Stores lifted its full-year outlook to $8.61-$8.77 a share, and told you in the same sentence that roughly $0.60 of it is a tariff refund. Back that out and the raise over the May guide is closer to half a dollar than a full one.
Ross reported diluted EPS of $2.66 for the quarter ended August 1, 2026, on sales of $6.265 billion and a 10% comparable store sales gain. Approximately $253 million of IEEPA tariff refunds sat inside that number, worth about $0.60 a share and 405 of the 610 basis points of operating margin expansion. The shares traded at $249.68 in premarket trading Friday, up 9.1%, per a Benzinga note timestamped 4:53 a.m. Eastern; Friday's regular session had not closed at the time of writing.
BJ's headline comparable club sales rose 11.9%. Excluding gasoline, the figure the company actually guides on, they rose 3.1%.
BJ's Wholesale Club reported GAAP diluted EPS of $1.36 for the 13 weeks ended August 1, 2026, with adjusted EPS identical at $1.36 because the quarter's reconciliation carries no adjustments. Merchandise gross margin rate fell 20 basis points. The company raised its full-year adjusted EPS range to $4.60-$4.80 from $4.40-$4.60 while leaving its ex-gasoline comp guidance unchanged. Benzinga put the shares up 3.59% at $94.58 in Friday intraday trade, in a report timestamped 10:25 a.m. Eastern; Friday's session had not closed at the time of writing.
Target's Q2 EPS Doubles to $4.11, but $994 Million of Tariff Refunds Supplied $1.65 of It
Target recognized $994 million of IEEPA tariff refunds as a reduction of cost of sales in the quarter ended August 1, 2026, and says those gains added $1.65 per share to the $4.11 GAAP diluted result. Excluding the refunds, the company says GAAP and adjusted EPS still grew 20 percent.
Lowe's Trims Full-Year 2026 Outlook to the Bottom of Every Prior Range as Comps Rise 0.2%
Lowe's now guides to $92.0 billion of full-year sales, flat comparable sales and adjusted diluted EPS of about $12.25 — in each case the low end of the range it carried into the quarter. Second quarter GAAP diluted EPS was $4.27, unchanged from a year ago.
Analog Devices Posts Fiscal Q3 Revenue of $4.02 Billion, GAAP EPS of $2.74 Against Adjusted $3.45
Revenue rose 40 percent from the year-ago quarter, with communications up 84 percent and industrial up 53 percent. The GAAP and adjusted per-share figures sit 71 cents apart; separately, the company reported $397.0 million of pre-tax adjustments to operating income, most of it acquisition-related.
Fabrinet Guided Revenue Up 6% and GAAP EPS Down 10%. One Tax Line in the Reconciliation Is $0.40 of It.
The optical manufacturer's August 17 release pairs a record quarter with a first-quarter outlook in which the non-GAAP and GAAP earnings lines move in opposite directions. The company's own reconciliation table names the reason.
Lowe's Reports Wednesday. The Guide It Affirmed in May Implies the Last Three Quarters Grow Slower Than the First Did.
Subtract the reported first quarter from the fiscal 2026 outlook Lowe's affirmed on May 20 and what is left is 5.5% to 8.5% sales growth against 10.3% delivered, and an adjusted earnings range whose low end sits below a year ago.
Baidu Revenue Falls 4% in Q2 as Legacy Ad Business Shrinks and AI Cloud Jumps 50%
The Chinese search-and-AI company reported RMB 31.3 billion in second-quarter revenue on Tuesday, missing Wall Street estimates as a slide in online marketing overwhelmed rapid growth in its AI cloud infrastructure unit.
Home Depot's Adjusted EPS Was $4.92 and Its GAAP EPS $4.79. Yahoo Finance Compared the $4.73 Consensus With $4.79 and Called It Adjusted.
Home Depot reported second-quarter fiscal 2026 sales of $47.9 billion and comparable sales up 1.7% before Tuesday's open, and left every line of its fiscal 2026 guidance exactly as it has stood since February. Comparable transactions fell for a second consecutive quarter, by 1.0%, with the entire comp gain coming from a 2.8% rise in average ticket.
Home Depot Due to Report Q2 Fiscal 2026 Tuesday: The Guidance Baseline, the Year-Ago Bar, and an Absent CEO
Home Depot is due to publish second-quarter fiscal 2026 results Tuesday morning and hold a 9 a.m. ET call — its first quarterly report since the company disclosed on Aug. 12 that Ted Decker was taking a temporary medical leave. Nothing below is a result: it is the company's own reaffirmed guidance, its last reported figures, and published consensus, none of which establishes what the quarter actually delivered.
BitFuFu's Adjusted EBITDA Was Negative $18.4 Million. Its Digital-Asset Fair-Value Loss, Which the Measure Does Not Exclude, Was $18.8 Million.
Revenue fell 62.9% year over year to $42.8 million in the quarter, and managed hashrate at June 30 was 57.7% below the year-earlier date. The company's published definition of Adjusted EBITDA adds back tax, interest and depreciation — it never claimed to exclude bitcoin marks, in either direction.
Prairie Operating Posts $109.0 Million Net Income; a Series F Remeasurement Lifts the Common-Stockholder Subtotal to $193.8 Million
Prairie Operating Co. reported second-quarter revenue of $98.9 million and net income of $109.0 million on Monday. Three Series F preferred-stock lines, including an $87.2 million remeasurement, carry the subtotal attributable to common stockholders to $193.8 million — a presentation that ran the same way a year earlier and the opposite way in last year's first half. Adjusted EBITDA, a non-GAAP measure, fell about 12 percent on a 45 percent revenue increase.
InspireMD's U.S. Revenue Line Reads $(351,000). The Parentheses Are Doing Real Work.
A $734,000 block of recall-related customer credits pushed the Nasdaq-quoted stent maker's domestic revenue below zero for the June quarter, and a share count two-thirds larger than a year ago turned a bigger net loss into a smaller loss per share.
AMC Robotics' Gross Margin Went From 19% to 80% as a Related-Party Line Grew to 83% of Sales
Revenue fell 33% in the June quarter. The Kami Vision revenue-sharing line rose 54% and now supplies more than four-fifths of what the Nasdaq-listed robotics company sells, while its product lines took in less than the quarter's total cost of revenues. The metric the release labels EBITDA adds back no depreciation and equals the pretax loss.
Teamshares' First Nasdaq Quarter Shows $9.5 Million of Net Income. One Non-Cash Line Inside It Is $24.9 Million.
The small-business acquirer, listed since June 23, reported the only positive net income figure among the four periods in its Aug. 14 release. Remove the fair-value change on a liability its own balance sheet shows at nil in December, and the quarter was a pretax loss, by our calculation.
Wolfspeed Closes Fiscal 2026 Wednesday. Its Own Filings Say the Year Cannot Be Shown in One Column.
A Chapter 11 petition on day one of the fiscal year and a September 29 emergence split Wolfspeed's 2026 into predecessor and successor books that fresh-start accounting requires be kept apart.
dLocal Grew Operating Profit 15% In The First Half. The Guide It Did Not Raise Requires 38% To 48% In The Second.
dLocal raised its full-year TPV and gross profit growth targets on Thursday and left operating profit growth at the 27.5%-32.5% range it set in March. Operating profit grew 15% in each of the first two quarters. Pairing the company's own guided ranges, the second half has to deliver operating profit growth of roughly 38% to 48% — and the costs sitting between gross profit and operating profit, which rose 57% year over year in the first half, have to come in below their first-half dollar level under every combination of the two ranges.
Arcos Dorados Posted A 42.9% Comp In South America. Its CFO Put The Region's Inflation At 46-47%.
The McDonald's Latin America franchisee's headline metric, systemwide comparable sales, rose 15.3% in the second quarter on the strength of a 42.9% print in its South Latin America division. On the same morning's call, CFO Mariano Tannenbaum put weighted average inflation in that division at 46% to 47% and said sales were "slightly below" it - adding, in the same breath, "I would say in line with inflation." The company's own definition of the metric makes clear it is a nominal, constant-currency figure, not an inflation-adjusted one.
TJX Reports Wednesday, and Its Margin Guide Points Almost Exactly at the Margin Its Own 10-Q Implies for Last August
TJX is planning a second-quarter pretax profit margin of 11.4% to 11.5%. Its own filed 10-Q for the year-ago quarter shows $1.647 billion of pretax income on $14.401 billion of sales, which divides out to 11.44% — our arithmetic, not a margin TJX published. And the fiscal 2026 base the full-year guidance is measured against contains a credit card settlement that appears as $470 million, $419 million or $221 million depending on which document you open.
Keysight Reports Tuesday, and the Quarter It Is Being Compared To Was Cut $40 Million and Credited $97 Million
Keysight's April quarter carried a $100 million IEEPA tariff-refund receivable and a $40 million refund owed back to customers. The company's own results deck puts the clean quarter at $1.758 billion of revenue and $2.58 a share — not the reported $1.717 billion and $2.87.
Estée Lauder Reports on a Closed Fiscal Year Wednesday, But the Number That Matters Is Fiscal 2027
The Estée Lauder Companies reports fiscal fourth-quarter and full-year 2026 results before Wednesday's open, a date and time the company set in an August 5 notice. Its own May guidance leaves an implied fourth quarter of roughly 23 to 33 cents on an adjusted basis and a loss-to-breakeven quarter on a GAAP basis -- and a preliminary fiscal 2027 view that has yet to be converted into formal guidance.
Fabrinet's Own Guidance Sets a Flat Floor for Monday's Fiscal Fourth Quarter
Fabrinet reports fiscal fourth-quarter and full-year 2026 results after Monday's close, a date the company confirmed in a July 27 investor notice. Its own May guidance puts the low end of non-GAAP earnings at $3.72 a share -- precisely what it earned last quarter -- while guiding revenue up 3 to 6 percent sequentially. On a twelve-point gross margin, that gap is the whole story.
Bally's Reported $792.2 Million in Q2 Revenue Friday Night. It Did Not Report a Bottom Line.
Bally's Corporation (NYSE: BALY) disclosed second-quarter 2026 revenue of $792.2 million, up 20.5% from $657.5 million a year earlier, with no GAAP net income or loss figure and no consolidated income statement. The company filed a Rule 12b-25 late-filing notification on August 10 for the June 30 quarter, its third consecutive periodic report to arrive behind schedule. The single largest driver of the growth is the consolidation of Intralot, which closed in October 2025, though the prior-year figures on the two Intralot segment lines are a recast of Bally's former International Interactive business rather than acquired revenue.
Walmart's Q2 Lands Thursday. Check the Fiscal Year, and Check Whose Consensus You're Quoting
Walmart reports what its own investor-relations calendar labels FY2027 Q2 before the open on Thursday, August 20, six days after Census said July retail sales fell 0.6% to $763.6bn against a Reuters poll looking for +0.1%. The published "consensus" is not one number: Zacks carries $0.73 on $186.3bn, while Kiplinger's calendar, which credits Refinitiv and S&P Global Market Intelligence for its estimate data, lists 74 cents — the exact top of Walmart's own guided $0.72 to $0.74 range. And whatever prints, a quarter that ended July 31 cannot settle what happened to the American consumer in July.
Quanterix's 34% Revenue Growth Is Measured Against A Quarter That Did Not Contain Akoya
The same August 10 release that reported 34% growth wrote off all remaining goodwill from the Akoya acquisition and cut full-year revenue guidance by $26.5 million at the midpoint. On the company's own pro forma basis, revenue fell 23%.
Accelerant's Q2 Ran Backwards: GAAP Beat Adjusted, and Two Reference Prices Explain the $20.25 Deal
The specialty-insurance marketplace reported GAAP net income above its non-GAAP figure — a reversal traceable to a disclosed definition change — on the same morning it agreed to a Thoma Bravo take-private priced 49% over one date's close and 3.6% under its IPO price.
The S&P 500's 50.4% Earnings Growth Is Mostly Two Companies. FactSet's Own Note Says So.
FactSet's August 7 Earnings Insight puts blended Q2 2026 earnings growth at 50.4% — and, in its revisions section, at 32.0% excluding Alphabet and Amazon.com. The index statistic being quoted everywhere describes two balance sheets more than it describes 500 companies.
Outlook Therapeutics put an approval in the headline and $11.2 million of cash in the table
The FDA cleared LYTENAVA on Friday, July 24. Outlook Therapeutics reported its June quarter three weeks later, on Friday, August 14, under a headline that led with the approval — the same morning a $55.0 million share-and-warrant offering priced at $0.99 was due to close. The quarter itself showed $9,000 of net revenue, a $20.3 million GAAP net loss, $11.2 million of cash at June 30 and a $10.4 million stockholders' deficit.
The Other Half of Earnings Week: Deere, Analog Devices, Two China ADRs, Klarna and Toll Brothers
Retail will dominate the week of August 17-21, but six non-retail reporters give separate readings on farms, factories, China, consumer credit and housing. Every date and call time here was checked against the company's own release - and two of them involve sequencing that a single calendar line will not capture.
Nu Holdings Cleared $1 Billion. Almost Every Growth Rate in the Release Is FX-Neutral
Nubank's first billion-dollar quarter is a reported IFRS number, not an adjusted one. But the 49% and 39% growth rates attached to it are currency-adjusted, and the reported-dollar arithmetic against last year's release is larger. The stock closed up 9.33%, not the double-digit figures quoted while the session was still running.
Retail Week, Aug 17-21: Four Different Numbers Are Being Called Target's Consensus
Home Depot Tuesday, Target and Lowe's Wednesday, Walmart Thursday - and July, the month retail sales fell 0.6%, sits inside all four quarters. Before the prints land, it is worth knowing that the Street's Target EPS estimate is quoted at $2.21, $2.25, $2.32 and $2.40 depending on who you ask.
Eton's Quarter Produced Three Different EPS Numbers. Wall Street Compared the Biggest One.
Eton Pharmaceuticals nearly doubled revenue and raised full-year guidance again, but the $0.43 everyone quoted is one of three earnings-per-share figures in the release.
JD.com's Revenue Fell 2.9%. We Checked the "First Since 2014" Claim Before Repeating It.
JD returned to an operating profit and beat on the bottom line, and the ADSs fell 7.31% on Thursday anyway. The claim doing the rounds is that revenue has never fallen since the 2014 listing.
The July Retail Sales Table, Mapped Line by Line to Next Week's Four Reporters
Total retail and food services sales fell 0.6% in July, but the two Census categories that actually contain Home Depot and Lowe's rose, general merchandise rose, and the steepest decline of the month landed in a category Amazon emptied out by moving Prime Day into June.
Sandisk's Three-Year Model Guides Gross Margin Below Where It Already Is. The Stock Closed Up 13.67% Anyway
At its Aug. 13 investor day Sandisk laid out an FY2028-FY2030 framework built on approximately 80% non-GAAP gross margin. Its last reported quarter came in at 84.6% non-GAAP and its current-quarter non-GAAP guide is 83.0% to 85.0%. What the market bought was not the margin line but the contract book underneath it.
Friday's Retail Sales Print Is Not a Preview of Next Week's Retailer Comps
The Census Bureau releases July advance retail sales at 8:30 a.m. Friday, three trading days before Home Depot opens the biggest retail earnings week of the quarter. The macro print is nominal, industry-wide and, in the control group traders key off, excludes building materials altogether, while last quarter the four retailers' own comparable sales ran roughly five percentage points apart.
Tapestry Passed the Quarter and Flunked the Outlook: FY27 Guide Bakes In Another Kate Spade Decline
Coach carried a beat, the dividend went up 16%, and the stock still lost roughly 16% on Thursday. The fiscal 2027 revenue and EPS ranges landed at or below where the Street already was — and management's own plan calls for Kate Spade to shrink again.
Cisco Guided Fiscal 2027 Above the Street and Lost 8.4% Anyway. The Argument Was About Margin.
Cisco's fiscal 2027 revenue and EPS ranges came in well ahead of consensus and hyperscaler AI infrastructure orders hit $9.3 billion for the year. Adjusted gross margin still fell 210 basis points, and that is the line the market traded on Thursday.
Thursday Night's Big Print: Applied Materials Guided to $10.25 Billion and Shares Still Fell After the Bell
Applied Materials reported record fiscal third-quarter results at 4:01 p.m. ET Thursday and guided the current quarter roughly $700 million above consensus. The stock fell about 5% in extended trading, with the flat gross margin outlook the sticking point.
EnerSys Beat Came With Four Different EPS Numbers. Only One Of Them Is Clean.
EnerSys reported fiscal first-quarter results after Wednesday's close and shares jumped double digits in extended trading, though Thursday's session has so far given back most of that. The complication is that the battery and power-systems maker published its bottom line on four separate bases, and the gap between the biggest and the smallest is more than $1.80 a share.
The Q2 Scorecard Says 50% Earnings Growth. Take Out Two Companies And It Says 32%.
With 88% of the S&P 500 reported, FactSet's blended second-quarter earnings growth rate stands at 50.4%, a number with almost no precedent in the data series. Strip out two companies whose GAAP results were inflated by unrealized investment gains and the figure drops by more than 18 percentage points.
Tapestry's First FY2027 Guide, Not Its Fourth Quarter, Is Thursday's Real Test
Tapestry reports fiscal fourth-quarter and full-year results before Thursday's open, and its own May guidance already brackets the quarter. The open question is what a company that has raised its outlook three quarters running says about the year ahead.
Cerebras cloud revenue nearly quadruples, but shrinking hardware sales knock the stock after hours
The wafer-scale chipmaker's inference cloud grew 281% year over year and management raised full-year guidance. Shares still fell double digits in extended trading after hardware revenue went backwards and the headline revenue line came in short.
Optical suppliers are guiding far above the models, and the tape is still fading the prints
Coherent guided fiscal first-quarter revenue about 8% above consensus and earnings about 10% above, hours after Lumentum's own outlook drove a rally across the group. Coherent shares fell in extended trading anyway.
Retail takes over the calendar next week, and Home Depot arrives with an interim leadership team
Home Depot, Target, Lowe's, TJX and Walmart all report within three sessions starting Aug. 18. Home Depot heads into its print days after disclosing that chief executive Ted Decker is taking a medical leave.
Cisco closes fiscal 2026 with $17.3 billion quarter and guides fiscal 2027 revenue far above Wall Street
Fourth-quarter revenue rose 18% and non-GAAP earnings came in at $1.22 a share, both above consensus. The bigger number was the fiscal 2027 revenue range of $72.2 billion to $73.4 billion, well ahead of the $68.69 billion analysts had modelled.
Applied Materials headlines a top-heavy Thursday as the August earnings calendar thins out
Applied Materials reports after Thursday's close with consensus at $3.39 a share on about $9 billion of revenue. JD.com, Tapestry and YETI go before the open, and Friday is close to empty.
Nebius quintuples AI cloud revenue and says it could sell out 2027 capacity today
Revenue of $582.3 million rose 454% and annualized run-rate hit $3 billion, but the line that moved the stock was management's claim that next year's capacity is effectively spoken for.
Cava's comp beat was mostly traffic, and that is why the stock ran
Same-restaurant sales grew 9% with more than half of it from guests through the door, and the market paid up for that mix even though full-year EBITDA guidance sits below consensus.
Performance Food Group guides to $73 billion in sales and gets sold on a one-cent miss
The distributor set a fiscal 2027 outlook implying another year of mid-to-high single digit sales growth, but shares fell more than 4% after fourth-quarter profit landed a penny light.
Q2 Scorecard: S&P 500 Beat Rates Hit Unusual Highs as Earnings Surprise Sets a Record
With 88% of the S&P 500 reporting, companies are topping profit estimates at the highest rate in years, and the aggregate earnings surprise is the largest FactSet has ever recorded.
Week Ahead: CoreWeave, Cisco and Applied Materials Headline the Earnings Calendar
The AI trade faces a three-part test this week as CoreWeave reports Tuesday night, followed by Cisco on Wednesday and Applied Materials on Thursday.
Beats Get No Mercy: AMD and SpaceX Slide Even as Indexes Set Records
Last week's session on August 5 showed how unforgiving this earnings season has become, with AMD and SpaceX falling on solid results while Wynn and Charles River were rewarded.
Insulet's Modest Guidance Trim Triggers an Outsized Selloff
The Omnipod maker beat on every headline number, but a small cut to its full-year revenue outlook was enough to send shares sharply lower in a season with little tolerance for caution.
On Holding Craters 22% as Tuesday's Tape Splits Earnings Winners From Losers
The Swiss running-shoe maker fell to a two-year low after trimming its sales outlook, while Sea Limited, Cardinal Health and Plug Power rallied on their own reports in an otherwise flat pre-CPI session.
Cardinal Health Caps Fiscal 2026 With a 20% Earnings Beat and a $5 Billion Buyback
The drug distributor earned $2.91 per share against a $2.42 consensus and guided fiscal 2027 profit above expectations, sending shares up about 7% even as revenue fell short.
Monday.com Grows 22% and Doubles AI Revenue, but Guidance Keeps the Stock Under Pressure
The work-management software maker posted $365 million in second-quarter revenue and rapid enterprise gains, yet a forecast for slowing growth sent shares down nearly 8% to $85.84.
Simon Property Raises Full-Year FFO Guidance as Mall Metrics Stay Hot
The mall REIT lifted its 2026 funds-from-operations outlook to $13.20 to $13.30 per share on the strength of 13.9% retailer sales growth, and the market's calm response shows what a raise buys this season.