EarningsTime

📊 #EarningsWeek 📅 Oct 26–30 One of the biggest weeks of Q3 earnings. Microsoft, Alphabet, Amazon, Intel, Eli Lilly, Visa and Caterpillar headline a packed calendar across AI, tech, finance, healthcare and energy. 📈 AI spending, margins and guidance face a major test. $MSFT $GOOGL $AMZN $INTC $LLY $V $MA $CAT $HOOD $COIN $XOM $CVX

📊 OCT 28 | AFTER-CLOSE EARNINGS RECAP 24 companies. 4 slides. A night of mixed signals. $MSFT beats on both revenue and EPS. $NOW misses EPS, while $F and $FDX deliver double beats. $SFM and $MGM disappoint. Full earnings scorecard below. 👇

VICI Properties, $VICI, Q3-26. GAAP profits plunge, but AFFO keeps growing. 🟢 Revenue: $1.07B | +5.8% YoY, beat ⚪ AFFO/sh: $0.62 | +4.3% YoY, in line 🔴 GAAP EPS: $0.31 | -56.4% YoY, CECL hit 📈 FY26 AFFO guidance raised 💰 $2B buyback authorized

Carvana, $CVNA, Q3-26. Record sales outweigh an EPS miss. Shares rise after hours. 🟢 Revenue: $8.04B | +42% YoY 🔴 GAAP EPS: $0.39 | $0.44 est. 🚗 Retail units: 217,385 | +39% YoY 📉 Adj. EBITDA margin: 10.0% | -1.3 pp YoY

Ford, $F, Q3-26. A double beat and raised guidance, but its profit engine is weakening. 🟢 Revenue: $49.5B | vs. $49.1B est. 🟢 Adj. EPS: $0.49 | vs. $0.41 est. 📈 2026 EBIT outlook: $10.5B–$11B, raised 📉 Ford Pro EBIT: $1.7B | -16% YoY

KLA, $KLAC, Q1-27. AI demand is accelerating, and guidance is the real surprise. 🟢 Revenue: $4.14B | +28.9% YoY 🟢 Adj. EPS: $1.22 | vs. $1.18 est. 🚀 Q2 revenue guide: $4.70B | vs. $4.49B est. 🔬 Process control: $3.75B | +29.5% YoY

T-Mobile, $TMUS, Q3-26. Earnings surge, but customer growth slows. 🟢 Revenue: $23.58B vs. $23.15B est. 🟢 GAAP EPS: $3.22 vs. $2.89 est. 📉 Postpaid account adds: 274K vs. 396K YoY 📈 FY26 adj. FCF midpoint raised to $18.75B

Fortinet, $FTNT, Q3-26. Shares plunge over 20% after hours despite beating estimates. Services guidance is the weak spot. 🟢 Revenue: $2.08B vs. $2.06B est. 🟢 Adj. EPS: $0.91 vs. $0.86 est. 🔴 FY26 services outlook cut to $5.15–5.17B.

Chipotle, $CMG , Q3-26. Traffic is recovering, but profits remain under pressure. 🟢 Revenue: $3.29B | +9.6% YoY 🔴 Adj. EPS: $0.27 | vs. $0.29 est. 🌯 Same-store sales: +2.1% YoY 📉 Restaurant margin: 23.3% | -120 bps YoY

FedEx, $FDX, Q3-26. Shares fall 3.5% AH despite a double beat and raised guidance. 🟢 Revenue: $22.9B vs. $22.81B est. 🟢 Adj. EPS: $3.74 vs. $3.31 est. 📈 2026 EPS outlook: Raised to $18.00–$18.60 📉 GAAP operating margin: 4.7% vs. 4.8% YoY

ServiceNow, $NOW, Q3-26. AI momentum drives higher guidance, but EPS misses. 🟢 Revenue: $4.106B | +20.5% YoY 🔴 Adj. EPS: $1.00 | vs. $1.02 est. 🤖 AI ACV target: $1.7B | +70% YTD 📈 FY26 subscription guidance raised to $15.78–15.79B

Alphabet, $GOOGL, Q3-26. Cloud doubled. The AI bill is getting harder to ignore. 🔴 Revenue: $127.58B | vs. $127.86B est. 🔴 GAAP EPS: $2.12 | -26% YoY ☁️ Google Cloud: $30.71B | +103% YoY 💸 Free cash flow: -$9.07B

Microsoft, $MSFT, Q1-27. Azure accelerates. AI infrastructure spending doubles. 🟢 Revenue: $92.3B | +19% YoY | Beat 🟢 Adj. EPS: $4.89 | +18% YoY | Beat ☁️ Azure: +48% YoY 🏗️ Cash CapEx: $39.4B | +103% YoY

🚨 FED HOLDS RATES AT 3.75%–4.00% The Fed leaves rates unchanged in a 10–2 vote. Two officials wanted a 25 bps HIKE. Economic growth remains strong, but inflation is still elevated. The hawkish split is the real story.

🌙 OCT 28 | AFTER THE BELL Big Tech takes center stage. $MSFT $GOOGL $NOW $KLAC $TMUS $FTNT $CVNA and $CMG headline a massive earnings night. Azure, Google Cloud and AI spending face a major test as Wall Street digests the Fed decision. 📊 Street estimates below. 👇

🚨 $GOOGL | OpenAI reportedly plans to buy Google's AI chips. The potential deal would turn an AI rival into a TPU customer and strengthen Google's challenge to $NVDA in AI infrastructure. Terms remain undisclosed. Alphabet reports after the close.

Amphenol, $APH, Q3-26. AI infrastructure demand shows no signs of slowing. 🟢 Revenue: $10.2B vs. $9.49B est. (+65% YoY) 🟢 Adj. EPS: $0.80 vs. $0.73 est. Organic growth: +37% Orders hit $12.2B, outpacing sales (1.19x book-to-bill).