Daily ideas

Enbridge's Q2 2026 adjusted EBITDA rose to C$4.78 billion while adjusted EPS slipped to C$0.63; Q3 earnings test whether tolls and rate cases outrun interest and share dilution.

Vulcan Materials' Q2 2026 aggregates cash gross profit rose just 1% to $12.02 a ton as diesel lifted unit costs 7%; Q3 tests whether June price hikes outrun fuel.

Raymond James posted record fiscal Q3 net revenues of $3.93 billion as fee-based assets hit $1.15 trillion; fiscal Q4 earnings test whether ~11% fee growth reaches PCG profit.

Extra Space Storage grew Q2 2026 same-store revenue 2.4% and Core FFO to $2.15 a share; Q3 tests whether rate increases offset flat move-in rents.

Monster Beverage grew Q2 2026 net sales 20.2% to $2.54 billion as operating margin slipped to 29.2%; Q3 tests whether growth holds against a tough base without eroding margins.

Hershey's Q2 adjusted gross margin recovered to 41.6% on about 14 points of candy pricing, but volume fell 10 points; Q3 tests whether volume steadies as price hikes lap.

Resmed grew FY2026 revenue 10% to $5.65 billion, with devices up 9% and masks up 13%; Q1 FY2027 tests whether sleep growth and gross margin hold while Astral sales stay paused.

WEC Energy's Q2 2026 EPS rose to $0.91 from $0.76 as Microsoft's data center lifted large-customer sales 9.6%; Q3 tests whether that load growth lasts.

AppLovin's Q2 2026 revenue rose 53% to $1.92 billion but missed the guidance midpoint; Q3 tests whether its new Axon model lifts sales above $2.07 billion.

GE HealthCare grew Q2 organic orders 11.1% to a record $23.9 billion backlog while organic revenue rose 3.5%; Q3 tests whether imaging orders turn into profitable revenue.

Duke Energy's Q2 2026 adjusted EPS rose to $1.43 from $1.25 on rate recovery; Q3 earnings test whether rates and riders still outrun depreciation and interest.

Ferrari's Q2 2026 EBIT rose 9.5% to €605 million at a 31.2% margin on 128 fewer cars; Q3 earnings test whether U.S. shipments recover while mix holds margins.

CenterPoint posted $0.96 non-GAAP EPS in 1H 2026 with FFO to debt at 13.4%; Q3 tests whether Houston rate recovery outruns interest to hold its guidance midpoint.

Airbnb grew Q2 2026 revenue 17% to $3.608 billion at a 35% adjusted EBITDA margin; Q3 earnings test whether Reserve Now, Pay Later cash returns as guests check in.

Cincinnati Financial posted a 100.8% second-quarter combined ratio and $1.43 operating EPS; Q3 2026 earnings will show whether commercial pricing still covers loss costs.

Emerson grew Q3 FY2026 sales 7% to $4.87B at a 28.5% adjusted margin; Q4 earnings test whether software renewals lift Software & Systems growth to 10%.

Roblox Q2 2026 bookings rose just 8% to $1.557B as spend per hour fell; Q3 earnings test whether bookings hold the guided 14%-18% decline as users return.

KB Financial Group earned KRW 1.99 trillion in Q2 2026, up 14.6%, as fees offset a 1.74% bank margin; Q3 earnings test whether the margin turns and fees hold.

Twilio grew Q2 2026 revenue 22% to $1.50B with 17% organic growth; Q3 earnings test whether AI voice keeps organic growth above its 11%-12% guidance.