NextEra Energy and Dominion Energy to Combine
June 14, 2026
Image Source: TradingView By Brian Nelson, CFA NextEra Energy (NEE) announced on April 23 mixed first quarter results that showed a beat on the bottom line, but a miss on the top line relative to expectations. The results would soon be overshadowed by its deal with Dominion Energy (D), announced a few weeks later. Still, on an adjusted basis, NextEra Energy’s first quarter earnings were solid, coming in at $2.275 billion, or $1.09 per share, compared to $2.038 billion or $0.99 per share in the first quarter of 2025. Management had the following to say about the first quarter results: NextEra Energy is off to a terrific start for the year, delivering strong first-quarter results, with adjusted earnings per share
Amazon’s AWS Puts Up Fastest Growth in 15 Quarters
June 14, 2026
Image Source: TradingView By Brian Nelson, CFA Amazon (AMZN) recently reported first quarter results that beat consensus estimates on both the top and bottom lines. Adjusted net sales advanced 15% in the first quarter compared to the first quarter of 2025. North America segment sales increased 12% year-over-year, while international sales increased 19% year-over-year (11% excluding foreign exchange rates). AWS segment sales increased 28% year-over-year, beating the consensus forecast. Amazon’s operating income increased to $23.9 billion in the first quarter compared to $18.4 billion in the first quarter of 2025 and consensus of $20.8 billion. North America segment operating income was $8.3 billion, compared to $5.8 billion in the first quarter of 2025. International segment operating income was $1.4 billion,
Chipotle’s Transaction Growth Returns to Positive in First Quarter
June 14, 2026
Image Source: TradingView By Brian Nelson, CFA Chipotle (CMG) recently reported first-quarter 2026 results that were mixed. The company beat expectations on the top line, but non-GAAP earnings per share came in in-line with expectations. Total revenue increased 7.4%, to $3.1 billion, thanks to new restaurant openings and, to a lesser extent, comparable restaurant sales growth of 0.5%, better than the consensus estimate calling for a decline of 0.9%. In the quarter, Chipotle benefited from higher transactions of 0.6%, which was offset in part by a 0.1% decline in average check. Margins faced pressure in the quarter due to inflation in beef and freight, higher produce usage, and increased labor costs. Adjusted net income for the first quarter of 2026
Cisco Raises Expectations on Strong AI Spending
June 12, 2026
Image Source: TradingView By Brian Nelson, CFA Cisco (CSCO) recently reported fiscal third-quarter 2026 results for the period ended April 25 that came in better than expected on both the top and bottom lines. The company achieved double-digit top and bottom-line growth, exceeding the high end of its guidance range for the period. It posted record revenue of $15.8 billion (consensus was at $15.6 billion), up 12% year-over-year, with non-GAAP earnings per share of $1.06, up 10% year-over-year and exceeding consensus by $0.02. Cisco experienced record high demand for its technology in the period, with total product orders up 35% year-over-year (19% excluding hyperscalers). The company raised its expectations for AI infrastructure orders from hyperscalers to $9 billion in fiscal
Nvidia Delivers Exceptional Fiscal First Quarter Results
June 12, 2026
Image Source: TradingView By Brian Nelson, CFA Nvidia (NVDA) recently reported first-quarter fiscal 2027 results for the period ending April 26 that beat expectations on both the top and bottom lines. The company showcased record revenue of $81.6 billion (consensus was $79.2 billion), up 85% from the year-ago period, while Data Center revenue also hit a record, up 92% from last year’s quarter. GAAP and non-GAAP gross margins were 74.9% and 75.0%, respectively, while GAAP and non-GAAP earnings per diluted share were $2.39 and $1.87, respectively, the latter increasing 140% and edging out consensus by $0.12 per share. Free cash flow increased to $48.6 billion in the fiscal first quarter, growing from $26.1 billion in last year’s period. Management had
Visa’s Results Show Consumer Spending Remains Resilient
May 14, 2026
Image Source: TradingView By Brian Nelson, CFA Visa (V) recently reported second-quarter fiscal 2026 results that came in better than expected on both the top and bottom lines. Net revenue increased 17% (16% on a constant currency basis), driving GAAP net income 32% higher. Non-GAAP net income advanced 17%, as non-GAAP diluted earnings per share increased 20%, to $3.31. Payments volume increased 9% in the quarter, while cross-border volume increased 12%. Processed transactions increased 9%. Management had the following to say about the results: Visa’s second quarter net revenue growth of 17% was the highest since 2022, driving GAAP EPS up 36% and non-GAAP EPS up 20%. Consumer spending remained resilient, and our strategy and innovations fueled strong performance in
Republic Services Continues to Price Effectively
May 13, 2026
Image Source: TradingView By Brian Nelson, CFA Trash taker Republic Services (RSG) recently reported first-quarter 2026 results that beat expectations on both the top and bottom lines. Quarterly revenue growth came in at 2.6%, which includes 2.8% organic growth from its recycling and waste business, a 1.3% organic decline from its environmental solutions business, and 1.1% growth from acquisitions. Net income on an adjusted basis came in at $526 million, or $1.70 per diluted share, which compares to $496 million, or $1.58 per diluted share, in last year’s quarter. Republic expanded its net income margin and adjusted EBITDA margin by 50 basis points in the period. Management had the following to say about the results: We are off to a
Apple Reports Record March Quarter
May 13, 2026
Image Source: TradingView By Brian Nelson, CFA Apple (AAPL) recently announced second-quarter fiscal 2026 results, with the company beating the consensus estimate on both the top and bottom lines. Apple posted March quarter records for total company revenue, iPhone revenue, and earnings per share. Its Services revenue also notched a new record high in the quarter. Quarterly revenue of $111.2 billion was up 17%, while diluted earnings per share of $2.01 was up 22% year over year. Management had the following to say about the results: Today Apple is proud to report our best March quarter ever, with revenue of $111.2 billion and double-digit growth across every geographic segment. iPhone achieved a March quarter revenue record, fueled by such extraordinary
Alphabet’s Cloud Growth Is Fantastic
May 13, 2026
Image Source: TradingView By Brian Nelson, CFA Alphabet (GOOG) (GOOGL) recently reported first-quarter 2026 results that beat expectations on both the top and bottom lines. Consolidated Alphabet revenues increased 22% (19% in constant currency), to $109.9 billion, marking the company’s 11th consecutive quarter of double-digit expansion. Google Services revenue increased 16%, but the real takeaway in the report was the firm’s Google Cloud business. Google Cloud revenues increased 63% thanks to an increase in Google Cloud Platform (GCP) across enterprise AI Solutions and enterprise AI infrastructure, as well as core GCP services. Management had the following to say about the quarter: 2026 is off to a terrific start. Our AI investments and full stack approach are lighting up every part
Microsoft Reports Strong Fiscal Third Quarter Results
April 30, 2026
Image Source: TradingView By Brian Nelson, CFA On April 29, Microsoft (MSFT) reported better than expected fiscal third-quarter results with revenue and GAAP earnings per share coming in higher than the consensus forecasts. Quarterly revenue came in at $82.9 billion, increasing 18% (15% in constant currency) year-over-year, and the software giant leveraged that growth into a 20% increase (16% in constant currency) in operating income for the period. Both net income and diluted earnings per share advanced 20% on a GAAP basis and 18% on a constant currency non-GAAP basis. Management had the following to say about the results: We are focused on delivering cloud and AI infrastructure and solutions that empower every business to eval-max their outcomes in the
