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 29 | AFTER THE BELL A massive earnings night ahead. $AMZN $INTC $COIN $RDDT $SBUX $RIVN lead, joined by $MPWR $MSTR $FSLR $DLR $GILD and more. AI spending, crypto, infrastructure and consumer demand face a major test. 📊 Street estimates below. 👇

🚨 MARKET MOVER | $GOOGL -12% Alphabet is on track for its worst day in over 20 years. Q3 capex topped $51B, free cash flow fell to -$9.1B, and investors are questioning the returns on massive AI spending. The AI trade is facing a reality check.

🚨 ECB | LAGARDE TO STEP DOWN Christine Lagarde will leave the ECB presidency on February 7, 2027, months before her term expires. The ECB holds rates at 2.50% as inflation remains elevated. Europe now faces a leadership transition amid monetary uncertainty.

🇺🇸 US ECONOMY | OCT 29 Growth is accelerating. So is inflation. 🟢 Q3 GDP: +3.4% (prior +2.2%) 🔴 PCE inflation: 3.6% YoY (prior 3.4%) 🔴 Core PCE: 3.1% YoY (prior 3.0%) Strong growth, sticky prices. The Fed's dilemma isn't going away.

📊 OCT 29 | PREMARKET EARNINGS RECAP 24 companies. 4 slides. A busy morning on Wall Street. $LLY delivers a major revenue and EPS beat. $MA also beats both estimates, while $CAT misses revenue but tops EPS. $VMC falls short on both. Full scorecard below. 👇

Mastercard, $MA, Q3-26. Services are driving faster profit growth. 🟢 Revenue: $9.81B (+14% YoY; est. $9.63B) 🟢 Adj. EPS: $5.31 (+21% YoY; est. $5.14) 📈 Value-added services: +19% YoY 💰 Adj. operating margin: 60.5% (+70 bps)

Merck, $MRK, Q3-26. A big earnings beat, but $550M of sales benefited from purchase timing. 🟢 Revenue: $18.09B vs. $17.35B est. 🟢 Adj. EPS: $2.49 vs. $2.09 est. 📈 FY26 sales guide raised to $66.8B–$67.3B 💊 WINREVAIR: $694M, +93% YoY

Crocs, $CROX, Q3-26. HEYDUDE is growing again as guidance rises for a third time. 🟢 Revenue: $1.043B vs. $1.00B est. 🟢 Adj. EPS: $3.69 vs. $3.31 est. 👟 HEYDUDE: +6.1% YoY 📈 FY26 EPS guide: $14.45–$14.65 (was $13.70–$14.00)

Eli Lilly, $LLY, Q3-26. A big beat lifts the sales outlook, but acquisition charges cut EPS guidance. 🟢 Revenue: $24.40B vs $22.61B est. 🟢 Adj. EPS: $7.48 vs $6.25 est. 📈 FY sales guide: $91–92B, up from $85–87B 📉 FY EPS guide: $35–36, down from $35.50–36.50

Caterpillar, $CAT, Q3-26. Profit surged as power-generation sales accelerated. 🟢 Revenue: $20.68B vs $20.58B est. 🟢 Adj. EPS: $7.20 vs $7.12 est. ⚡ Power Generation: +30% YoY 📈 Operating profit: +38% YoY

Enterprise Products Partners, $EPD, Q3-26. Record volumes are translating into stronger cash flow. 🟢 Revenue: $17.95B | +49% YoY 🟢 EPS (GAAP): $0.75 | +23% YoY 💵 Operational DCF: $2.31B | +27% YoY ⛽ Permian gas processing: Record 4.6 Bcf/d | +12% YoY

Carrier, $CARR, Q3-26. Data center demand surges, but a $3.1B write-down drives a GAAP loss. 🟢 Revenue: $6.26B vs. $6.09B est. 🟢 Adj. EPS: $0.87 vs. $0.76 est. 🏢 Data center orders: +~300% 📦 Backlog: >$8.5B, +60% YoY