Earnings Unscripted: Stock Earnings Calls & Analysis

It’s a tale of two banks in Bank of America’s Q4 report. While the "boring" engine of traditional banking is finally revving up with a pivotal jump in Net Interest Income, the trading desk completely stalled out, dragging the stock down with it. In this episode, Susie and Miro unpack why the market punished a quarter that, on paper, looked like a soft landing success story. Was this just a...

Is Delta Air Lines actually just a credit card company that owns a really big repair shop? In this episode of Earnings Unscripted, Susie and Miro dive into Delta’s Q4 2025 numbers, where a record $16 billion in revenue is only half the story. While the airline posted a massive $4.6 billion in free cash flow, the real action is happening in the footnotes. We unpack the "Un-Airline" strategy...

Jamie Dimon usually walks into earnings season like he owns the place, but this quarter, the rent just went up. In this episode of Earnings Unscripted, Susie and Miro break down a messy Q4 for JPMorgan Chase where Net Income dropped 10% and the stock surrendered its recent gains. The headline? A massive "Trust Me Tax." Dimon is guiding for a staggering $105 billion in expenses for 2026—buc...

The blue-and-yellow can is getting more profitable, but shareholders aren't seeing the cash. In this episode, Susie and Miro dissect a perplexing Q1 2026 for WD-40 Company. Gross margins jumped to an impressive 56.2%—driven by the "premiumization" of the Smart Straw—yet Net Income actually dropped 8%. How does that math work? We break down the massive spike in the "Cost of Doing Bu...

Constellation Brands (STZ) just reported Q3 earnings, and the results are… messy. With beer shipments dropping 14% and the unstoppable Modelo growth engine actually stalling, how did the company manage to keep earnings flat? In this episode, Susie and Miro dig past the headlines to unpack the financial maneuvering keeping the ship afloat and why management’s refusal to cut guidance might be a high...

The Kroger merger is officially in the rearview, and Albertsons is waking up to a "New Day." But is the market buying it? In this episode, Susie and Miro unpack a chaotic quarter where reported revenue scared the algorithms, but the actual profits told a very different story. We explain why a confusing government regulation (the IRA) made the top line look worse than it is, causing a sell-...

In this episode of Earnings Unscripted, Susie and Miro unpack a quarter that proves Costco is far more than just $1.50 hot dogs and bulk toilet paper. While the headline numbers were solid (revenue up 8% and a nice EPS beat) the real story is happening behind the scenes. We discuss how a retailer famous for resisting technology suddenly posted a massive 20% surge in e-commerce and a 48% jump in ap...