2026년 2월 10일 · Unknown · financial · 출처 Yahoo Finance
The fourth quarter earnings season is more than halfway over, and the S&P 500 is on track for solid earnings growth.
As of Feb. 6, 59% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate a 13% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the index and the fifth consecutive quarter of double-digit growth.S&P 500 earnings growth estimates. (Chart: FactSet)
Heading into the reporting period, analysts were expecting an 8.3% jump in earnings per share, down from the third quarter's 13.6% earnings growth rate. Wall Street has raised its earnings expectations in recent months, especially for tech companies, which have driven earnings growth in recent quarters.
Massive Big Tech capital expenditures set the tone for the AI trade. Plus, the themes that drove the markets in 2025 — artificial intelligence, the Trump administration's tariff and economic policies, and a K-shaped consumer economy — continue to provide plenty for investors to parse.
This week, investors will digest results from Coca-Cola (KO), Spotify (SPOT), Robinhood (HOOD), Lyft (LYFT), Ford (F), Rivian (RIVN), Moderna (MRNA), Airbnb (ABNB), and Coinbase (COIN).LIVE142 updates
4 mins ago
Grace O'Donnell
Chegg earnings beat estimates, but the stock falls as competition from AI grows
Chegg's (CHGG) fourth quarter results were better than expected, but earnings and revenue declined from a year ago as the student platform navigates disruption from artificial intelligence.
Chegg reported an adjusted loss of $0.01, which was narrower than the $0.10 loss Wall Street was expecting, according to S&P Global Market Intelligence. The company reported earnings of $0.17 per share in the same quarter a year ago.
Chegg's $72.66 million in sales also beat the Street's estimate of $71 million. The first quarter revenue outlook, however, fell short. Chegg said it expects revenue between $60 million and $62 million, whereas the Street was looking for $64 million in revenue.
Last October, Chegg announced mass layoffs and an aggressive pivot to reskilling as the company looks to withstand greater competition from OpenAI's (OPAI.PVT) Alphabet (GOOG, GOOGL). The two companies have rolled out new study tools for their AI chatbots, ChatGPT and Gemini, and Chegg has also sued Google over its AI-generated search summaries, which have hurt traffic.
“We are reinventing Chegg around the $40 billion skilling market, which we believe can drive double-digit growth with strong margins and cash flow in the years to come,” Chegg CEO Dan Rosensweig said in the Q4 earnings release. “We’ve organized the company into two focused businesses: Chegg Skilling as our growth engine and our legacy Academic Services, which generates free cash flow that strengthens our balance sheet and positions us to end 2026 debt-free with a substantial cash balance.”
Chegg stock fell 5% in extended trading. Listen to the earnings call live here. 18 mins ago
Grace O'Donnell
On Semiconductor stock slides after Q4 earnings miss
On Semiconductor (ON) stock skidded in after-hours trading on Monday, falling by 7%, after the company recorded lower profits in the fourth quarter than a year ago but said it's seeing "signs of stabilization" in its key markets.
The chipmaker reported earnings per share of $0.45 on revenue of $1.53 billion, missing earnings estimates of $0.59 per share and falling below earnings per share of $0.88 in the same period a year ago, according to S&P Global Market Intelligence. The company's fourth quarter revenue was in line with estimates.
The company saw annual sales declines across all of its business groups: Power Solutions, Analog & Mixed Signal, and Intelligent Sensing. Intelligent Sensing was the only segment that saw sales grow quarter over quarter, while Power Solutions and Analog & Mixed Signal sales fell 2% and 5%, respectively.
For the first quarter, On Semiconductor expects revenue in the range of $1.43 billion to $1.53 billion, which has a midpoint below the consensus estimate of $1.5 billion. Adjusted diluted earnings per share are expected to be between $0.56 and $0.66; Wall Street expects $0.61. Today at 1:27 PM UTC
Grace O'Donnell
Kyndryl delays quarterly filing, flags financial reporting concerns
Kyndryl stock plummeted 42% in premarket trading after the IT infrastructure services provider said it would delay filing its 10-Q report with the Securities and Exchange Commission and announced a change in leadership in the CFO position.
Reuters reports:
Read more here. Today at 1:00 PM UTC
Grace O'Donnell
Monday.com stock dives over 14% as guidance disappoints
Monday.com shares tanked 14% after the software maker beat earnings estimates but posted guidance that disappointed Wall Street.
In the fourth quarter, Monday.com reported adjusted earnings per share of $1.04, beating estimates of $0.92. Revenue grew 25% year over year to $333.9 million, also beating expectations of $329.6 million, according to S&P Global Market Intelligence consensus estimates.
However, the company's first quarter revenue guidance of $338 million to $340 million came in below expectations of $342 million. Operating income is expected in a range of $37 million to $39 million, compared to the $45 million the Street was expecting.
The stock faced significant losses recently as part of a sell-off in software stocks, as investors questioned whether the disruption from artificial intelligence could take a bigger bite out of these companies' profits than previously expected. Year to date, Monday.com stock is down 33%. Today at 12:49 PM UTC
Grace O'Donnell
Cleveland-Cliffs stock drops after revenue misses estimates
Cleveland-Cliffs (CLF) stock fell more than 3% after fourth quarter revenue missed expectations.
The steel producer recorded a net loss per share of $0.44, which was narrowe…