Charged Alpha Stock Encyclopedia

Revolution Medicines, Inc. (RVMD) Q2 2026 — R&D $394.9M UP 76%. G&A $110.2M UP 172%. Net loss $644.4M. Loss per share $3.06 vs a $2.04 bar. Cash $3.94B. Product revenue: zero. RVMD lost $3.06 a share against a $2.04 bar - but $151.0M of that is a non-cash mark on EQRx warrants the 10-Q says rose 'as a result of an increase in our share price in 2026'. The loss got bigger because the stock...

Expedia Group, Inc. (EXPE) Q2 2026 — Gross bookings $33,928M UP 12%. Revenue $4,315M UP 14%. Adjusted EBITDA $1,119M UP 23% with 196bps of margin expansion. Adjusted EPS $5.76 vs the $5.22 bar - the sixth straight beat - and FY2026 guidance raised to $16.05-$16.22B. But B2B grew revenue 23% and added only $38M of profit. Expedia beat on every line and raised full-year guidance. But the story every...

McKesson Corporation (MCK) Q1 FY2027 — Revenue $105,380M UP 8%. Adjusted EPS $9.93 UP 20%, beating the $9.56 bar by $0.37 - the fourth straight beat - and FY2027 guidance was raised to $44.20-$45.00. But GAAP EPS was $5.15, DOWN 18%, and adjusted EARNINGS rose only 14%. McKesson reported two earnings numbers: GAAP EPS of $5.15, down 18%, and adjusted EPS of $9.93, up 20%. The $4.78 gap is six time...

MKS Inc. (MKSI) Q2 2026 — MKS reports AFTER the close - the 8-K was accepted at 4:31pm ET on Aug 5 - so the -2.39% close at $313.10 is a PRE-print price, not the reaction. The reaction so far is the after-hours tape: last trade $309.25, -1.23%. Revenue $1,248M (+28.3%) beat a ~$1,195M bar, non-GAAP EPS $3.30 beat $2.91, and Q3 is guided to $1,350M and $3.58. MKS beat on revenue, on GAAP earnings,...

CDW Corporation (CDW) Q2 2026 — Net sales $6,572.2M UP 10.0% beat a ~$6.21B bar and non-GAAP EPS $2.91 beat $2.80. Then the cascade: gross profit +6.3%, operating income +2.0%, gross margin 20.1% vs 20.8%. CDW opened at $115.45, traded to $113.00 (-26.6%), and closed down 9.03% at $140.10. CDW beat on revenue and on earnings - and the stock still closed down 9%. Here is why: revenue grew 10.0%, gr...

Western Digital Corporation (WDC) Q4 FY2026 — Revenue $3,747M UP 44% and non-GAAP EPS $3.56 beat a $3.29 bar. Non-GAAP gross margin 54.4%, up 1,310bp. Guidance came in ABOVE consensus. And the stock closed down 5.36% at $519.17 pre-print, then fell 11.12% after hours to $461.42. WD beat on both lines, guided ABOVE consensus and printed a 54.4% non-GAAP gross margin - and the shares still fell abou...

Coeur Mining, Inc. (CDE) Q2 2026 — Revenue $1,085.6M UP 126%, adjusted EBITDA $478.3M UP 124%, free cash flow $387.5M UP 165% - all company records. Adjusted EPS $0.12 against $0.16 a year ago: DOWN 25%. The share count rose 61% and a $140M non-cash charge took $0.10. Coeur posted record revenue, record adjusted EBITDA and record free cash flow - and adjusted earnings per share FELL 25%, from $0.1...

Axon Enterprise, Inc. (AXON) Q2 2026 — Net sales $904.4M UP 35.3% and guidance RAISED to 32-34%. Adjusted EBITDA $242.0M - but $144.3M of that is stock compensation added back. Non-GAAP EPS $1.88 beat a $1.83 bar and still fell 13.8%. Free cash flow: NEGATIVE $1.0M. Axon grew revenue 35.3%, raised guidance and beat both lines - and the stock fell 6% after hours. Free cash flow was NEGATIVE $1.0M,...

MercadoLibre, Inc. (MELI) Q2 2026 — Net revenues $10,169M UP 49.8% (up 43% FX-neutral), the fastest in four years. Income from operations $683M DOWN 17.2% - a 6.72% margin against 12.15%. EPS $9.19 beat a ~$8.69 bar but fell 10.9% from $10.31. Incremental operating margin on $3,379M of new revenue: NEGATIVE 4.2%. MercadoLibre grew revenue 49.8% - the fastest in four years - and beat the bar. Opera...

Everus Construction Group, Inc. (ECG) Q2 2026 — Revenue $1,231.5M UP 33.7% (organic UP 30.0%). EBITDA $128.6M UP 52.7%, a 10.4% margin. GAAP diluted EPS $1.64 vs $1.14 consensus - a 44% beat, no adjusted number. Record backlog $4.55B, UP 52.8%. FY26 EBITDA guide RAISED to $410-425M. Stock closed $140.75, up 3.4% - but $6.41 BELOW its own open. Everus beat by 44%, posted a record $4.55B backlog and...

Medline Inc. (MDLN) Q2 2026 — Net sales $7,685M UP 11.6% (organic UP 11.5%). Adjusted EBITDA $1,060M UP 13.4% - but $243M of it is an IEEPA tariff refund. Adjusted EPS $0.50 vs $0.33 consensus; GAAP EPS $0.07. FY26 EBITDA guide CUT to $3.3-3.4B. Stock closed $35.86, DOWN 14.7%. Medline beat by 52% and raised its sales guide - and closed down 14.7%. The $0.50 contains a $243M tariff refund excluded...

CVS Health Corporation (CVS) Q2 2026 — Revenue $106,096M, UP 7.3% YoY, about $5.0B ahead of the bar. Adjusted operating income $5,157M, UP 35.4%. Adjusted EPS $2.58 vs a $1.87 consensus - a 38% beat, adjusted against adjusted. GAAP EPS $2.31 vs $0.80. Aetna MBR 87.4% vs 89.9%. FY26 adjusted guide RAISED to $7.90-$8.10 from $7.30-$7.50. Stock opened DOWN 10.4% and closed the day near $99.90, off 4....

Paramount Skydance Corporation (PSKY) Q2 2026 — Revenue $6,913M, UP 1.0% YoY, ahead of a ~$6.88B bar. Adjusted EBITDA $1,099M, UP 27%, a 15.9% margin vs 12.6%. Adjusted EPS $0.18. But GAAP EPS was $0.04 vs $0.08 - net earnings fell 28% while the share count rose 65%. DTC +9%, Studios +16%, TV Media -9%. FY26 adj EBITDA guide RAISED to $3.8-3.9B. Stock +4.6% to $8.77. Paramount raised its full-year...

TeraWulf Inc. (WULF) Q2 2026 — Revenue $44.8M, DOWN 6.0% YoY, against a $46.0M FactSet bar. HPC lease revenue $31.9M - 71% of the top line, up from ZERO. Bitcoin mining revenue $12.8M, down 73%. GAAP diluted EPS -$1.94 vs a -$0.31 bar, but $755.7M of the $939.9M net loss is a non-cash warrant mark; ex-warrants it is -$0.36. Adjusted EBITDA -$18.3M, negative for the first time. Stock -1.8% to $18.5...

Shopify Inc. (SHOP) Q2 2026 — Revenue $3,583M, UP 33.7% YoY, against a ~$3.45B bar. GMV $115.6B, up 31.6%. Operating income $488M, up 67.7%, margin 10.9% to 13.6%. Free cash flow $654M, an 18% margin. GAAP diluted EPS $1.16 - but $1,063M of the $1,502M net income is equity investments marked to market. Stock +17.0% to $144.22. Shopify beat by about 4% on revenue ($3.583B vs ~$3.45B) and 2 cents on...

United Therapeutics Corporation (UTHR) Q2 2026 — Revenue $783.3M, DOWN 1.9% YoY (it beat a $765.9M bar). Operating income fell 9.2% to $330.8M, margin 45.6% to 42.2%. Net income still rose 7.6% and diluted EPS rose 13.4% to $7.27 - because tax expense fell from $98.9M to $39.7M and the share count fell 5.4%. Stock +1.0% to $524.05. United Therapeutics reported GAAP diluted EPS of $7.27 against a c...

Flutter Entertainment plc (FLUT) Q2 2026 — Revenue $4,326M, up 3.3% and a small beat. But group adjusted EBITDA fell 45% to $508M, the US segment fell 70% to $119M, and GAAP was a $296M NET LOSS - $1.57 a share. The $0.49 the wires ran is adjusted, struck after $2.06/share of add-backs, and it still missed. Stock -9.8% to $94.71. Flutter, FanDuel's parent, reported adjusted EPS of $0.49 against a...

Eli Lilly and Company (LLY) Q2 2026 — Revenue $22,974M vs ~$20,490M expected, up 48% YoY - a $2.5B beat. Non-GAAP EPS $8.38 vs a REAL consensus near $8.81, not the $6.01 on the wires. But $8.38 is struck AFTER $3.03/share of acquired IPR&D. Like-for-like: $11.41 vs $8.81, a 30% beat. Eli Lilly grew revenue 48% to $23.0 billion and the wires called it a 39% beat against a $6.01 estimate. That e...

The Kraft Heinz Company (KHC) Q2 2026 — Adjusted EPS $0.56 beat the $0.53 estimate - and fell 18.8% from $0.69. GAAP EPS was -$4.60 on a $5.46B net loss driven by $7.35B of impairments. Net sales $6,262M, -1.4%. The print landed PRE-MARKET; $26.64 is the prior session's close, not a reaction. Organic sales fell 1.3%: price +1.3 points, volume/mix -2.6. Kraft Heinz raised prices and gave back two p...

GLOBALFOUNDRIES Inc. (GFS) Q2 2026 — Non-IFRS EPS $0.46 vs a consensus near $0.43, on revenue of $1,786M, +6%. Both revenue and gross margin beat the high end of guidance. But reported IFRS EPS was $0.30, DOWN 27%, and adjusted free cash flow was -$3M vs +$277M. The last close was $52.02, +4.0% - the session BEFORE the print. A foundry grows two ways: more wafers, or a higher price per wafer. GF s...

Uber Technologies, Inc. (UBER) Q2 2026 — Gross bookings $58.0B, +24% (+22% cc). Revenue $14.19B, +12% - but Uber's own release says business model changes cost 8 points of that growth. Adjusted EBITDA $2,819M, +33%, 4.9% of bookings vs 4.5%. GAAP EPS $1.17 includes a $1.6B equity revaluation; non-GAAP EPS $0.81. Last close $71.99. Every headline read Uber's 24% bookings growth against 12% revenue...

Arrowhead Pharmaceuticals (ARWR) Q3 FY2026 — Revenue $75,253K vs ~$44,170K expected - a 70% beat, +171% YoY. But the diluted loss was $1.36 vs $1.28 expected, an 8c MISS, on a $194,280K net loss. Of that $75.3M, $72.9M was collaboration revenue; REDEMPLO product sales were $2.4M. Arrowhead beat revenue by 70% and missed on earnings in the same release. Of $75.3M of revenue, $72.9M came from four p...

Expeditors International of Washington, Inc. (EXPD) Q2 2026 — Diluted EPS $2.03 vs a $1.68 consensus that had been RAISED 5.7% in 60 days. Revenue $3,502M, +32% - but net revenue, what Expeditors keeps after paying the carriers, was $1,085M, +20.8%. The stock closed +6.4% at $181.48. A freight forwarder books the whole freight bill as revenue, then books what it pays the airlines and shipping line...

Emerson Electric Co. (EMR) Q3 FY2026 — Adjusted EPS $1.71 vs Emerson's own $1.65-$1.70 guide and the Street's $1.68. Net sales $4,873M, +7%. Free cash flow $1,323M, +36%. Orders +7%. GAAP EPS $1.28 - but $0.11 of that is a tariff refund. Emerson beat and raised - and both moves are smaller than the headlines suggest. The $1.71 cleared the top of Emerson's OWN $1.65-$1.70 guide, issued 91 days earl...

Marathon Petroleum Corporation (MPC) Q2 2026 — Net income attributable to MPC $5,138M, or $17.73 diluted, vs $14.27 consensus - a 24% beat, and GAAP equals adjusted with ZERO add-backs. Revenue $52,337M, +53.5%. Adjusted EBITDA $8,460M vs $3,286M. Refining margin $36.33/bbl vs $17.58. But throughput FELL 3.8% to 2,944 mbpd and utilisation dropped to 94% from 97%. MPC closed $312.61, up just 1.8%....