Earnings season is the heartbeat of the market, and every day brings fresh signals about where money is flowing.
With each report, we learn not just how companies are performing, but how investors are reacting.
In the Daily Beat, we spotlight the most important S&P 500 earnings moves from the prior session: the winners, the losers, and the reactions that reveal what really matters to the market right now.
Whether it’s a bellwether with broad economic implications or a niche name making waves, we cut through the noise to focus on the setups that matter most.
Here are the latest earnings stats from the S&P 500 👇
*Click the image to enlarge it
At the top of Friday's Beat Sheet was the $443B discount store stock, Costco $COST. Following a better-than-expected earnings report, shareholders were rewarded with a +2.29 reaction score.
COST reported $69.60B in revenue, beating the expected $69.29B, and earnings per share of $4.58, beating the expected $4.55.
At the bottom of Friday's list was the $15B medical instruments and supplies stock, Cooper Companies $COO. After beating the headline expectations, shareholders suffered a -1.05 reaction score.
COO's revenues came in at $1.02B, in line with the market's expectations, and earnings per share of $1.10, beating the expected $1.03.
Let's talk about what else happened 👇
New all-time highs are loading for COST🔥
Costco Wholesale had a +1.6% post-earnings reaction, and here's what happened:
Revenues grew 9.1% year-over-year, with EPS growing even faster at 14% over the same timeframe.
The e-commerce segment is booming, with comparable sales up 22.6% year-over-year.
In addition to the strong quarter, the management team expects continued growth in the e-commerce segment. This is also why the company continues to invest in its future.
We highlighted this report in the latest Weekly Beat column, noting that after failing to resolve a massive top last year, there was a quick move in the opposite direction.
This was the moment of truth...
Would the buyers follow through, or would the sellers step back in?
As it turned out, the company delivered a strong quarter, and the market rewarded the stock.
Now, we're looking for COST to make a run for new all-time highs.
COO has been punished for 5 of its last 6 earnings reports🩸
Cooper Companies had a -4.6% post-earnings reaction, and here's what happened:
The CooperVision segment's organic year-over-year growth came in at 3.3%, missing the 4.3% expectation.
Tariffs have hit this company hard, leading to a 60-basis-point year-over-year decline in gross margin.
Despite raising EPS and free cash flow guidance, the management team didn't raise the revenue guidance.
This company continues to disappoint investors. The consistent negative earnings reactions and massive potential distribution pattern make this clear.
Until we see a significant shift in the technicals or earnings sentiment, the path of least resistance is lower for COO.
Have a good Monday,
-The Beat Team
P.S. Do you want a simple system for finding explosive short-term trading opportunities that can deliver 3x, 5x, even 10x returns… every single week!?!
Wave Trader is designed to do exactly that.
And right now, we're offering a 75% discount so you can access these trades.
Take advantage of this opportunity before it's too late.
