AfternsAfterns
Earnings brief

US stock earnings,
the key summary

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

This week
10/wk5364
10/wk4169
10/wk336
10/wk26
10/wk113
9/wk48
9/wk31
9/wk216
9/wk130
8/wk440
8/wk321
8/wk269
8/wk110
Summary

40 companies reported in 8/24–8/28, and 36 of 40 with an estimate beat consensus.

Reports
40
last wk 21 · 4-wk 938
Beat estimates
90%
36 of 40
last wk 81% · 4-wk 79%
Beat but fell
47%
17 of 36 priced
last wk 41% · 4-wk 45%
Rose on the day
48%
19 of 40
last wk 52% · 4-wk 52%
Revenue growth
+10.6%
median of 31
last wk +6.2% · 4-wk +10.6%

Biggest moves

Earnings-day move · 40 priced reports

Up
ANAbercrombie & Fitch Companyvs est +76.0%+35.67%Okta Inc. Class Avs est +8.9%+28.63%Salesforce Inc.vs est +80.4%+22.58%CrowdStrike Holdings Inc. Class Avs est +6.4%+20.50%Veeva Systems Inc. Class Avs est +5.8%+15.20%
Down
DKDick's Sporting Goods Incvs est -9.0%-30.68%RBRubrik Inc. Class Avs est +400.0%†-13.05%IRENvs est +44.1%-12.53%DYDycom Industries Inc.vs est +14.5%-11.62%HQHealthEquity Inc.vs est +3.9%-10.56%

Thu 8/27 · 16

Dollar General Corporation
DG · Pre-market
day-after+2.53%
beat avg +1.0%
EPS
$2.48+24.6%
vs est $1.99
Revenue
$11.3B+5%
vs LY $10.7B
Dollar Tree Inc.
DLTR · Pre-market
day-after-3.92%
beat avg +1.5%
EPS
$2.70+162.1%
vs est $1.03
Revenue
$4.9B+7%
vs LY $4.6B
Marvell Technology Inc.
MRVL · After close
day-after-10.28%
beat avg +2.3%
EPS
$0.94+1.0%
vs est $0.93
Revenue
$2.7B+37%
vs LY $2.0B
Surging data center AI demand drives record revenue and raised guidance
Positives
  • ▲Accelerating Data Center Growth
  • ▲Significant Revenue Guidance Hike
  • ▲Operating Leverage and Margin Expansion
Concerns
  • ▼Decline in Communications and Other Segments
  • ▼Temporary Dip in Operating Cash Flow
  • ▼Sequential Decline in Non-GAAP Gross Margin
“We now expect overall Marvell revenue in fiscal 2027 to grow approximately 45% year-over-year to roughly $12 billion, up from our prior outlook of approximately $11.5 billion just one quarter ago.”
· Matt Murphy (CEO)
IREN
IREN · After close
day-after-12.53%
beat avg -4.2%
EPS
-$0.25+44.1%
vs est -$0.45
Revenue
$137M-27%
vs LY $187M
Accelerated AI cloud transition and revenue growth driven by large-scale contracts
Positives
  • ▲Explosive Growth in AI Cloud
  • ▲Capital-Efficient GPU Financing
  • ▲Infrastructure Expansion and New Wins
Concerns
  • ▼Declining EBITDA and Net Losses
  • ▼Revenue Decline from Mining Phase-out
  • ▼Rising Operating Costs and Investment Needs
“$4 billion of ARR is now contracted for our 2026 capacity, and $1 billion of that is operating today.”
· Daniel Roberts, Co-CEO
Autodesk Inc.
ADSK · After close
day-after-3.67%
beat avg -0.8%
EPS
$3.30+5.6%
vs est $3.12
Revenue
$2.0B
Workday Inc. Class A
WDAY · After close
day-after+5.76%
beat avg -0.5%
EPS
$2.75+5.3%
vs est $2.61
Revenue
$2.6B
AF
Affirm Holdings Inc. Class A
AFRM · After close
day-after+0.35%
beat avg +9.0%
EPS
$4.97+484.7%
vs est $0.85
Revenue
$1.2B+33%
vs LY $876M
Ulta Beauty Inc.
ULTA · After close
day-after-4.18%
beat avg +3.9%
EPS
$6.55+4.8%
vs est $6.25
Revenue
$3.0B
RB
Rubrik Inc. Class A
RBRK · After close
day-after-13.05%
beat avg +2.3%
EPS
$0.20+400.0%
vs est $0.04
Revenue
$427M
CompanyTimingEPS vs estRevenue YoYEarnings-day
Burlington Stores Inc. BURLPre-open+49.5%+11%-7.64%
Best Buy Co. Inc. BBYPre-open+7.3%+4%-4.44%
Hormel Foods Corporation HRLPre-open+4.6%-2%-10.25%
HealthEquity Inc. HQYPre-open+3.9%+8%-10.56%
Bilibili BILIPre-open+3.0%—+3.81%
Gap Inc. (The) GAPAfter close+180.9%†-2%+12.94%
SentinelOne Inc. Class A SAfter close-16.5%—-5.15%

Wed 8/26 · 16

Williams-Sonoma Inc. Common Stock (DE)
WSM · Pre-market
day-after+1.15%
beat avg +2.1%
EPS
$2.84+37.9%
vs est $2.06
Revenue
$2.0B+7%
vs LY $1.8B
The J.M. Smucker Company
SJM · Pre-market
day-after+4.34%
beat avg +1.5%
EPS
$3.24+46.2%
vs est $2.22
Revenue
$2.2B+5%
vs LY $2.1B
NVIDIA Corporation
NVDA · After close
day-after+8.74%
beat avg +0.8%
EPS
$2.22+6.2%
vs est $2.09
Revenue
$96.2B+106%
vs LY $46.7B
Surging data center revenue and accelerating AI infrastructure demand
Positives
  • ▲Explosive Data Center Growth
  • ▲Strong AI Demand and Outlook
  • ▲Enhanced Shareholder Returns
Concerns
  • ▼Margin Pressure from Memory Costs
  • ▼Rising OpEx and Receivables
  • ▼Significant Inventory Buildup
“This time last year, one lab alone was driving the buildout today, we have a golden age of new AI labs and startups, multiple frontier labs scaling in parallel.”
· Jensen Huang, CEO
CrowdStrike Holdings Inc. Class A
CRWD · After close
day-after+20.50%
beat avg +4.1%
EPS
$0.31+6.4%
vs est $0.29
Revenue
$1.5B+26%
vs LY $1.2B
Record-breaking results and raised guidance driven by surging AI security demand
Positives
  • ▲Record performance and accelerated growth
  • ▲Success of platform consolidation strategy
  • ▲Strong cash flow generation
“We're raising our full year fiscal 2027 net new ARR growth outlook by 630 basis points. We now expect year-over-year growth of 34% at the midpoint.”
· George Kurtz (CEO)
Salesforce Inc.
CRM · After close
day-after+22.58%
beat avg +0.8%
EPS
$5.90+80.4%
vs est $3.27
Revenue
$11.3B+11%
vs LY $10.2B
Strong performance driven by AI product growth and raised revenue guidance
Positives
  • ▲Explosive Growth in AI Products
  • ▲Strong Cash Flow and Shareholder Returns
  • ▲Raised Guidance and Backlog Growth
Concerns
  • ▼Operating Margin Stagnation and Costs
“Agentforce ARR hit $1.5 billion. Our ARR for AI and data is about to cross $4 billion.”
· Marc Benioff, CEO
Synopsys Inc.
SNPS · After close
day-after+13.39%
beat avg -1.2%
EPS
$3.91+6.4%
vs est $3.67
Revenue
$2.5B+42%
vs LY $1.7B
Agilent Technologies Inc.
A · After close
day-after+1.68%
beat avg +2.0%
EPS
$1.62+9.0%
vs est $1.49
Revenue
$1.9B+8%
vs LY $1.7B
Veeva Systems Inc. Class A
VEEV · After close
day-after+15.20%
beat avg +2.6%
EPS
$2.35+5.8%
vs est $2.22
Revenue
$928M+18%
vs LY $789M
Okta Inc. Class A
OKTA · After close
day-after+28.63%
beat avg +6.9%
EPS
$1.05+8.9%
vs est $0.96
Revenue
$805M+11%
vs LY $728M
CompanyTimingEPS vs estRevenue YoYEarnings-day
Li Auto LIPre-open-302.4%†—-1.06%
Dycom Industries Inc. DYPre-open+14.5%+46%-11.62%
Donaldson Company Inc. DCIPre-open+2.1%+8%+2.12%
Abercrombie & Fitch Company ANFPre-open+76.0%+5%+35.67%
HP Inc. HPQAfter close+20.0%+13%-2.92%
Nutanix Inc. Class A NTNXAfter close+23.6%+16%+6.81%
Urban Outfitters Inc. URBNAfter close+63.2%+10%-5.02%

Tue 8/25 · 6

DK
Dick's Sporting Goods Inc
DKS · Pre-market
day-after-30.68%
miss avg -18.3%
EPS
$3.53-9.0%
vs est $3.88
Revenue
$5.6B+53%
vs LY $3.6B
Intuit Inc.
INTU · After close
day-after-3.24%
beat avg -1.5%
EPS
$4.03+12.3%
vs est $3.59
Revenue
$4.4B+14%
vs LY $3.8B
HE
Heico Corporation
HEI · After close
day-after-1.40%
beat avg +2.2%
EPS
$1.67+10.6%
vs est $1.51
Revenue
$1.4B+23%
vs LY $1.1B
ZM
Zoom Communications Inc. Class A
ZM · After close
day-after-7.03%
beat avg +2.7%
EPS
$1.55+5.0%
vs est $1.48
Revenue
$1.3B+5%
vs LY $1.2B
CompanyTimingEPS vs estRevenue YoYEarnings-day
Semtech Corporation SMTCAfter close+15.6%+33%+10.41%
Box Inc. Class A BOXAfter close+0.5%+9%+1.18%

Mon 8/24 · 2

PDD Holdings
PDD · Pre-market
day-after-1.48%
beat avg -1.2%
EPS
RMB 19.33+5.3%
vs est RMB 18.35
Revenue
$16.6B
XP
XPeng
XPEV · Pre-market
day-after-8.53%
miss avg -5.5%
EPS
-RMB 1.29-68.6%
vs est -RMB 0.76
Revenue
$2.9B

By sector

Sectors with 3+ reports this week

SectorReportsBeatRoseAvg move
IT1716/179/17+3.5%
Consumer Discretionary129/123/12-2.0%
Consumer Staples44/42/4-1.8%
Industrials33/31/3-3.6%

Sources: reported EPS and revenue from SEC filings (EDGAR) and Yahoo Finance and StockAnalysis aggregates; consensus estimates from Yahoo Finance; earnings-day moves are close-to-close changes computed by AFTERNS; call summaries are machine-generated from earnings-call transcripts and translated. Earnings-day moves fill in after the reaction day closes.