AfternsAfterns
Earnings brief

US stock earnings,
the key summary

Earnings results, key call takeaways, the stock reaction, and what it means.

This week
9/wk31
9/wk216
9/wk130
8/wk440
8/wk321
8/wk269
8/wk1452
7/wk5390
7/wk4170
7/wk337
7/wk24
7/wk16
6/wk412
Summary

12 companies reported in 6/22–6/26, and 11 beat consensus.

Thu 6/25 · 5

Darden Restaurants Inc.
DRI · Pre-market
day-after+0.5%
beat avg +0.2%
EPS
$3.66+0.6%
vs est $3.64
Revenue
$3.7B+14%
vs LY $3.3B
Call summary pending
Summarizing the earnings call. Arrives soon.
SN
TD SYNNEX Corporation
SNX · Pre-market
day-after-4.1%
beat avg +1.8%
EPS
$4.85+17.1%
vs est $4.14
Revenue
$19.6B+31%
vs LY $14.9B
Call summary pending
Summarizing the earnings call. Arrives soon.
McCormick & Company Incorporated
MKC · Pre-market
day-after+5.6%
beat avg -0.3%
EPS
$0.80+14.8%
vs est $0.70
Revenue
$1.9B+17%
vs LY $1.7B
Call summary pending
Summarizing the earnings call. Arrives soon.
AY
Acuity Inc.
AYI · Pre-market
day-after+0.9%
beat avg -0.9%
EPS
$5.31+2.4%
vs est $5.19
Revenue
$1.2B+2%
vs LY $1.2B
Call summary pending
Summarizing the earnings call. Arrives soon.
CM
Commercial Metals Company
CMC · Pre-market
day-after-6.6%
beat avg -0.6%
EPS
$1.73+1.3%
vs est $1.71
Revenue
$2.5B+23%
vs LY $2.0B
Call summary pending
Summarizing the earnings call. Arrives soon.

Wed 6/24 · 3

Paychex Inc.
PAYX · Pre-market
day-after+0.4%
beat avg +0.3%
EPS
$1.32+0.9%
vs est $1.31
Revenue
$1.6B+12%
vs LY $1.4B
Call summary pending
Summarizing the earnings call. Arrives soon.
Micron Technology Inc.
MU · After close
day-after+15.7%
beat avg +1.7%
EPS
$25.11+21.4%
vs est $20.69
Revenue
$41.5B+346%
vs LY $9.3B
Record-breaking results driven by AI memory demand and strategic customer agreements
Positives
  • ▲Record Revenue and Operating Income Growth
  • ▲Expansion of Strategic Customer Agreements (SCA)
  • ▲Strong Performance in HBM and Data Center
Concerns
  • ▼Cost Pressure from Greenfield Fab Operations
  • ▼Supply Constraints Limiting Demand Fulfillment
  • ▼Increased Capital Expenditures (CapEx)
“Micron's record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.”
· Sanjay Mehrotra, CEO
JE
Jefferies Financial Group Inc.
JEF · After close
day-after-9.2%
miss avg -3.3%
EPS
$1.02-18.1%
vs est $1.24
Revenue
$1.7B+37%
vs LY $1.2B
Call summary pending
Summarizing the earnings call. Arrives soon.

Tue 6/23 · 4

Carnival Corporation Ltd. Common Shares
CCL · Pre-market
day-after+0.7%
beat avg -0.6%
EPS
$0.41+21.1%
vs est $0.34
Revenue
$6.7B+5%
vs LY $6.3B
Call summary pending
Summarizing the earnings call. Arrives soon.
KF
Korn Ferry
KFY · Pre-market
day-after+5.8%
beat avg +2.4%
EPS
$1.40+1.4%
vs est $1.38
Revenue
$768M+7%
vs LY $720M
Call summary pending
Summarizing the earnings call. Arrives soon.
FedEx Corporation
FDX · After close
day-after-0.1%
beat avg +3.1%
EPS
$6.31+6.5%
vs est $5.92
Revenue
$25.0B+13%
vs LY $22.2B
Profitability-focused restructuring and network efficiency driving earnings growth
Positives
  • ▲Revenue growth in premium segments
  • ▲Network efficiency and cost savings
  • ▲Strong free cash flow generation
Concerns
  • ▼Volume decline and growth deceleration
  • ▼Operating expense pressure and one-time charges
  • ▼Stranded costs post-spin-off
“We grew both revenue and adjusted operating income by 8%, with significant adjusted operating income growth at Federal Express Corporation or FEC.”
· Raj Subramaniam, CEO
CB
Cerebras Systems Inc. Class A
CBRS · After close
day-after-19.6%
beat avg -15.7%
EPS
-$0.04+74.0%
vs est -$0.15
Revenue
$193M+94%
vs LY $100M
Call summary pending
Summarizing the earnings call. Arrives soon.

Figures from press releases (SEC 8-K); call highlights summarized from earnings-call transcripts. Next-day reactions fill in after the following close.