EBITDA Explained: What It Measures and Where It Lies
EBITDA strips out interest, taxes, depreciation, and amortization. What it captures, where Adjusted EBITDA misleads, and how to read it.
Earnings
Analysis of company earnings, guidance, margins, cash flow, and the market’s reaction. We separate reported results from estimates and explain the operating metrics behind headline numbers.
Intuit -9%: FY27 Guide Slows, Mailchimp Split Out
Intuit beat Q4 with revenue up 14% to $4.4B, but FY27 guidance of 9-10% growth, a 2-3% TurboTax outlook, and a Mailchimp segment carve-out sank INTU.
DKS -31%: DICK’S Comps +4.9%, Foot Locker -3.6%
Dick’s Sporting Goods stock plunged 30.7% after Q2 FY26 as Foot Locker proforma comps fell 3.6% and management cut the full-year operating income outlook.
Quantum Stocks Rip: RGTI +11%, IONQ +8%, QBTS +8%, QUBT +10%
Quantum computing names surged Friday as IonQ, Rigetti, D-Wave and Quantum Computing Inc. all posted 8-11% gains on Q2 results and fresh analyst calls.
Nvidia Q2 FY27 Preview: $91B Guide, 3 Numbers That Matter
Nvidia reports Q2 FY27 after the close on Wed. Aug 26. The guide is $91B revenue at 74.9% GAAP margin. Here are the three prints traders will trade.
Advance Auto -24%: EPS Beat, Guide Raised, DIY Cracked
Advance Auto Parts crashed 24.55% on August 20 even after beating on EPS and raising 2026 guidance. Here’s what actually broke — and what it means for the consumer trade.
Walmart Beats and Raises but WMT Falls 9.7% to 52-Week Low
Walmart topped estimates and raised FY27 guidance, yet WMT fell 9.74% to $103.17. Soft US comps, a tariff-refund-funded raise, flat Q3 EPS, and higher capex explain why.
Target Q2: EPS $4.11, Comps +3.8%, Turnaround Traction
Target Q2 2026 earnings: EPS $4.11 (up 20% ex-tariff refund), comps +3.8%, digital +8.7%, guidance lifted. Stock +4.3% as turnaround gains traction.
HeartFlow Surges 36% on Q2 Blowout: Rev +48%, Guide Raised
HeartFlow’s Q2 2026 revenue rose 48% to $64.1M, non-GAAP gross margin hit 83.3%, and the AI cardiology company raised its FY26 guide to $246-$250M.
Applied Materials Record Q3: $9.1B, Guide Up, China Slips
Applied Materials posted record Q3 FY26 revenue of $9.12B and guided Q4 to $10.25B, but China’s revenue share fell from 35% to 28%. Stock -5% pre-market.