Earnings Edge

Unmitigated Board Disaster: Recapping lululemon Actuals vs. Consensus

Consensus Media — Thu, 04 Jun 2026 20:16:24 GMT

This one is so, so ugly - and lululemon looked ‘cheap’ into the print. Spoiler: not cheap when you’re writing down forward EPS by 34%… Full breakdown below:

Wanting More: Recapping Broadcom's Actuals vs. Consensus

Consensus Media — Wed, 03 Jun 2026 20:19:29 GMT

Solid numbers from Broadcom, but without much upside and with a miss on the software side (something avid followers of VMware pointed to as a potential issue):

In Need of (a lot) More Upside: Recapping CrowdStrike's Actuals vs. Consensus

Consensus Media — Wed, 03 Jun 2026 20:13:16 GMT

Print is fine, CrowdStrike’s stock is too expensive, though, and the lack of any real upside below is concerning:

An AI Infra Name That's Too Hot? Previewing Ciena's Consensus Expectations

Consensus Media — Wed, 03 Jun 2026 19:48:29 GMT

Last quarter, investors sold Ciena’s stock hard on a solid print before ripping it straight higher to new all time highs. CIEN is +8100bps vs. the index since then, and trading at 86x forward earnings despite historical ranges between 12-30x. Take a look at just how hot CIEN is into the print:

In a few notable places, strength into the print for AI infra names hasn’t mattered whatsoever. Will that also be true here? The table below outlines Consensus expectations for benchmarking - given the growth rates you see, I’m not sure we need a blowout beat for the stock to work but rather evidence these earnings are sustainable:

30x Forward Sales: Previewing CrowdStrike's Consensus Expectations

Consensus Media — Wed, 03 Jun 2026 13:07:51 GMT

CrowdStrike results after the bell today - preview below with recap coming for you this afternoon.

What is Hock Cooking? Previewing Broadcom's Consensus Expectations

Consensus Media — Wed, 03 Jun 2026 12:42:40 GMT

Broadcom results after the bell today - preview below with recap coming for you this afternoon.

Buyer Beware at These Levels: Recapping Palo Alto's Actuals vs. Consensus

Consensus Media — Tue, 02 Jun 2026 20:49:19 GMT

Excellent print - don’t get me wrong. Just commenting on the run into numbers and valuation in the context of ~1% upside to full year top-line expectations:

I Don't Think This Is Enough? Recapping GitLab's Actuals vs. Consensus

Consensus Media — Tue, 02 Jun 2026 20:23:19 GMT

GitLab (GTLB) shares are +14% in post-market trading, but I am skeptical they can hold these levels. Is this better than feared? Maybe if they printed this a few weeks ago, but the lack of any upside whatsoever is a bit concerning:

Both Running Far Too Hot? Previewing Consensus for GitLab and Palo Alto Networks

Consensus Media — Tue, 02 Jun 2026 14:35:48 GMT

Both GitLab and Palo Alto Networks have been straight up of late (but in far different contexts). Results from both this afternoon - preview below with rapid response recaps on the way this afternoon following the releases.

Earnings Edge Reader Agreement and Disclaimer

Consensus Media — Tue, 02 Jun 2026 13:04:43 GMT

By accessing, browsing, or using this website, you acknowledge that you have read, understood, and agree to be bound by the terms of this Disclaimer. If you do not agree with any part of this Disclaimer, you should discontinue use of this website.

The information provided on this website is for informational and educational purposes only and does not constitute investment advice, financial advice, legal advice, tax advice, accounting advice, or any other professional advice. Nothing contained on this website should be construed as a recommendation, solicitation, endorsement, or offer to buy, sell, or hold any security, investment, or financial instrument.

All articles, opinions, commentary, forecasts, estimates, rankings, ratings, and other content published on this website reflect the views of the authors as of the date of publication and are subject to change without notice. While reasonable efforts are made to ensure the accuracy of information presented, no representation or warranty is made regarding its accuracy, completeness, timeliness, or reliability.

Investing involves substantial risk, including the possible loss of principal. Past performance does not guarantee future results. Any projections, forecasts, estimates, targets, or forward-looking statements are inherently uncertain and may differ materially from actual outcomes.

Readers are solely responsible for conducting their own due diligence and evaluating the merits and risks associated with any investment. Before making any investment decision, readers should consult qualified financial, legal, tax, and other professional advisors as appropriate.

The owners, operators, contributors, affiliates, licensors, and employees of this website may hold positions, whether long, short, or otherwise, in securities or investments discussed on the site and may buy, sell, or otherwise transact in such securities without notice.

To the fullest extent permitted by applicable law, this website and its owners, operators, contributors, affiliates, licensors, and employees disclaim any liability for any direct, indirect, incidental, consequential, special, or punitive damages arising from or related to the use of, reliance upon, or inability to use any information contained on this website.

By continuing to access or use this website, you expressly acknowledge and agree that any reliance on information provided herein is at your sole risk and that you are responsible for your own investment decisions and outcomes.

Your continued use of this website constitutes your acceptance of this Disclaimer and any future modifications thereto.

Priced for More: Recapping Credo's Actuals vs. Consensus

Consensus Media — Mon, 01 Jun 2026 20:26:02 GMT

A clean, green sheet here for Credo (CRDO), but the lack of real upside in the quarter and in the full year guide when taken alongside the likes of many other AI buildout names with explosive beats, this just doesn’t seem to be enough:

A Layup Like No Other: Recapping HP Enterprise's Actuals vs. Consensus

Consensus Media — Mon, 01 Jun 2026 20:15:41 GMT

How is it this easy? We saw Dell’s numbers, and we saw that analysts did not react to that, and also that HP Enterprise trades at an enormous discount to Dell. Well HPE also blew the quarter out of the water with huge upside for full-year:

How Are HPE's Estimates This Low? Previewing Consensus Expectations for Today's Print

Consensus Media — Mon, 01 Jun 2026 16:41:55 GMT

I don’t really understand how, given Dell’s results last week, we still have analyst Consensus forecasts for HP Enterprise right down the middle of the guidance ranges provided at the beginning of March. Look at this set of expectations for the quarter and forward guidance:

Previewing Credo's Consensus Estimates

Consensus Media — Mon, 01 Jun 2026 00:33:57 GMT

We get results from one of the big winners of late, Credo, tomorrow afternoon. The tables below overviews historical valuation context, followed by Consensus expectations for the quarter and forward guidance, ending with an overview of Bull and Bear investment theses for the stock:

Earnings Post-Mortem: Nvidia, Intuit, elf, Zscaler, AutoZone, Dick's, Workday, Take-Two, Williams Sonoma, and Many More

Consensus Media — Sun, 31 May 2026 18:36:31 GMT

The table below and file attached give data on stock reactions relative to underlying fundamentals in the form of earnings revisions. I use a three-day look back period to capture revisions, so we dip into the prior week for some names and we await moves from Thurs/Friday of this past week. Here’s the table in picture and Excel form for the following reporters AAP, APPS, AZO, BOX, CVCO, DE, DECK, DKS, ELF, HLNE, INTU, JOYY, LSPD, MOD, NIO, NTES, NVDA, OOMA, PONY, RL, ROST, SKY, TTWO, URBN, WDAY, WMT, WSM, ZM, and ZS:

Earnings Edge for the Week Ahead: Setups for Broadcom, Palo Alto Networks, CrowdStrike, Ciena, HP Enterprise, Credo, lululemon, Trip.com, Veeva Systems, Ulta Beauty, and Many More

Consensus Media — Sat, 30 May 2026 13:49:34 GMT

Relative winners and losers over the last quarter, followed by names of note, concluding with a spreadsheet containing setup tables for all of the week’s reporters.

Relative Winners and Losers

Names of Note

Broadcom (AVGO)

Why Did They Sell This Initially? MongoDB Actuals vs. Consensus

Consensus Media — Thu, 28 May 2026 20:36:09 GMT

Why did they sell MongoDB lower, to the tune of -20% initially, on this set of results:

YUUUGE: Dell Actuals vs. Consensus

Consensus Media — Thu, 28 May 2026 20:23:59 GMT

On the back of the Dell contract award news yesterday, it suddenly became abundantly clear to me that DELL would be a big Trump Admin winner a la Intel (SpaceX is next!).

Take a look at just how monster the upside is here:

She's a Beauty: Snowflake Actuals vs. Consensus

Consensus Media — Wed, 27 May 2026 20:23:48 GMT

Big top-line upside, with additional profit margin unlocked and an Amazon deal to boot. Shares +30%. Here’s the detail:

Is This Enough? Marvell Actuals vs. Consensus

Consensus Media — Wed, 27 May 2026 20:16:22 GMT

It doesn’t look like enough, IMO, given the run we had into the print, but investors here are very far forward looking, no? Maybe that’s why we’re +2% on an in-line quarter but with modest forward upside: