All articles tagged with #company earnings
Target beat earnings expectations in Q2 as sales rose across all departments, traffic improved, and margins benefited from tariff refunds; the retailer raised full-year guidance and signaled ongoing price investments amid a broad merchandising reset, with CEO Michael Fiddelke saying the turnaround is gaining traction and aims for years of sustained top-line growth.
Plug Power reported Q2 revenue ~$178 million, beating estimates and narrowing losses as gross margins moved toward breakeven, leading the company to raise its full-year revenue guidance to about 15–16%. On Holding posted a revenue miss (CHF 850.3 million vs. CHF 881.4 million expected) but logged a profit of CHF 0.31 per share, with gross margin at 65.4% and EBITDA margin at 19.8%, driven by strong direct-to-consumer growth and Asia-Pacific momentum.
The Trade Desk posted Q2 CY2026 revenue of $715.1M (up 3% YoY) vs estimates of $752.1M, with adjusted EPS of $0.34 vs $0.40 and EBITDA of $241.3M vs $262M. Q3 revenue guidance of about $650M (midpoint) fell well short of consensus $804.8M and EBITDA guidance of $160M vs $339.6M. The stock dropped 21.8% to around $13.81 after the report, as investors weighed softer near-term outlook despite a 10.3-month CAC payback; long-term growth remains solid but the near-term trajectory looks weaker.
Disney beat fiscal Q3 estimates with adjusted EPS of $2.06 on $25.17 billion in revenue, led by a 10% rise in Experiences revenue as parks and cruises benefited from higher guest spending. The company also disclosed it will sell its 50% stake in A+E Global Media to Hearst for about $1.2 billion, earmarked to boost share buybacks to $9 billion this year. Toy Story 5 generated over $1 billion globally, ESPN delivered strong playoff viewership, and Disney reaffirmed guidance for 12% adjusted EPS growth in 2026 and double-digit growth in 2027.
McDonald's posted slower growth in Q2, with global same-store sales up 1.3% (US +0.8%), revenue of about $7.1B and adjusted EPS of $3.32, missing some estimates. Growth cooled as budget-conscious consumers remained under strain, with traffic pressures and the lapse of the Minecraft offering weighing on results. The company also named Skye Anderson president of McDonald's USA, as Joe Erlinger departs after more than two decades. Shares are down roughly 13% this year, and analysts view the September investor meeting as pivotal for long‑term growth through asset investments and menu innovation.
Coinbase Global posted a wider-than-expected Q2 net loss of $359 million as crypto trading momentum faded, with revenue down 17% to $1.15 billion and trading revenue down 22% to $600 million; nontrading revenue also declined, though Coinbase One memberships rose to a record, underscoring diversification efforts. Analysts cut price targets amid a sluggish crypto market and weaker earnings, as the company pursues new products and regulatory clarity.
Microsoft surged about 15% after a blowout Q4: EPS of $4.74 on revenue of $90 billion, with Azure growth accelerating to 43% (guidance 45%), Copilot seats topping 30 million, and Azure revenue over $100 billion. The Intelligent Cloud segment delivered $39.3B, Productivity & Business Processes $37.8B, and More Personal Computing $12.9B, while remaining performance obligations reached $678B and capital expenditures were $41B. The results reinforced confidence that Microsoft’s AI investments are paying off, helping drive the largest single-day market-value increase in history.
Meta Platforms reported Q2 EPS of $6.18 on $60.8B revenue (missed estimates of $7.14 EPS on $60.2B revenue) while advertising revenue rose to $59.3B, beating expectations. The company also raised the lower end of its 2026 capex guidance to $135-145B and signaled capex could exceed $145B, largely for data centers. Analysts were underwhelmed, calling the quarter barely passable as cash flow remained only modestly positive; the stock fell about 10% in premarket trading amid concerns about higher capital spending and cash generation.
Alphabet beat Q2 expectations with EPS of $9.11 on $119.8B revenue, led by Google Cloud’s 82% year‑over‑year growth to $24.77B (vs. $24.56B est.) and advertising of $81.63B. Remaining performance obligations rose to $514B. The company also raised full‑year capital expenditure guidance to $195B–$205B to fund AI/data-center infrastructure, and the stock fell a bit over 2% as investors weighed the AI spending against near‑term returns.
IBM is set to report Q2 results after the close, with investors watching whether delayed enterprise deals shift into Q3 and whether the company can maintain more than 5% constant-currency revenue growth and about $1 billion in annual free cash flow improvement. Analysts expect management to address the Q2 revenue miss (about $17.2B) and adjusted EPS near $2.93, caused by softer software growth, weaker infrastructure revenue, and flat consulting, while updates on AI initiatives (Red Hat and watsonx) and deal pipelines will be key on the call. Options traders imply roughly a 7% move after the earnings release.
GM beat Q2 expectations with revenue of $48.03B, adjusted EPS of $3.57 and adjusted EBIT of $3.94B, aided by cost cuts and tariff offsets, and raised full-year guidance to adjusted EBIT of $14.0–16.0B and adjusted EPS of $12.00–14.00 (auto free cash flow $9.5–11.5B). North America demand for pickups/SUVs remained solid (8.6% EBIT-adjusted margin in NA, up 2.5 points) while EV-related charges totaled about $4.5B in Q2 ($7.2B YTD). GM still sees EV losses improving by $1.0–$1.5B as credits and tariffs evolve, and while US vehicle volumes slipped about 4% to ~715k, the company held strong market positions in trucks and crossovers and maintained pricing discipline amid affordability headwinds.
Kroger announced plans to close approximately 60 stores over the next 18 months, citing financial benefits and ongoing economic uncertainties, with no specific store details provided, as part of its first quarter 2025 earnings report.