Daily Earnings

It was a mixed earnings day with some significant beats and misses, and varied guidance.

• CrowdStrike (CRWD): Beat Q4 earnings and revenue expectations; provided positive Q1 and FY27 guidance.
• Kontoor Brands (KTB): Guided 2026 non-GAAP earnings above estimates.
• GitLab (GTLB): Guided Q1 and FY27 non-GAAP earnings and revenue below estimates.
• Other Guidance Highlights:
  • Positive: B&G Foods (BGS) (earnings), Latham (SWIM) (revenue), Mayville Engineering (MEC) (revenue), Box (BOX).
  • Negative: Antalpha (ANTA) (revenue), Superior Group of Companies (SGC) (earnings), WEBTOON Entertainment (WBTN) (Q1 revenue), Target (TGT) (Q1 below estimates).
  • In-line: Orion Group (ORN), THOR Industries (THO), L.B. Foster (FSTR), Civeo (CVEO), 908 Devices (MASS).

Top Surprises:

• Positive Surprise:
  • WEBTOON Entertainment (WBTN): Reported breakeven results, significantly beating the consensus estimate of a loss.
• Negative Surprise:
  • Advantage Solutions (ADV): Reported a loss much larger than consensus estimates, missing by over 800%.

Upcoming Earnings:

• Broadcom (AVGO) is expected to beat estimates, reporting on Wednesday, March 4, 2026.