Analysis10k / Blog

#Earnings Calls

25 articles tagged "Earnings Calls".

PEP
The Story

PepsiCo's Last Three Years: Three Straight 'Second-Half Recovery' Promises

How PepsiCo went from boasting 55 straight quarters of beating consensus to cutting guidance two years running — once mid-year — while repeating 'it gets better in the second half' for a third straight year.

2026-09-06
MCD
The Story

McDonald's Last Two and a Half Years: Two Times Admitting 'It Wasn't Strategy, It Was Execution'

How McDonald's went from three years of near-double-digit growth to its first simultaneous slump across every segment in 2024 — recovering through 2025, then stumbling again in the U.S. in mid-2026.

2026-09-06
DE
The Story

Deere's Last Three Years: Calling the Downturn Before It Arrived

How Deere hit record results while warning demand would fall in the same breath, cut guidance three straight times as the ag downcycle deepened, then called the cycle bottom for the first time in early 2026.

2026-09-06
CRWD
The Story

CrowdStrike's Last Two Years: From 'This Will Never Leave My Mind' to 'The Agentic AI Era' — Except in the Fine Print

It took exactly one year for CrowdStrike to go from apologizing for an outage that grounded computers worldwide to talking with total confidence about the future — but its legal filings still haven't let go of that day.

2026-09-06
AXP
The Story

American Express's Three-Year Rebrand: From 'Enriching Lives' to 'AI-Powered Premium Lifestyle Brand'

How American Express quietly rewrote its own identity — and lost, then won back, the market's confidence along the way.

2026-09-06
PANW
The Story

'This Is a Strategic Choice, Not a Demand Problem' — How Palo Alto Networks Deliberately Slowed Its Own Growth, Then Sped It Back Up

In February 2024, Palo Alto Networks chose to slow its own near-term growth on purpose, and the market erased nearly 28% of its share price in a day in disbelief. Eighteen months later the bet had paid off — and the company is now running the same playbook at a much larger scale.

2026-09-06
GS
The Story

Goldman Sachs: The Retreat From Consumer Banking, and the U-Turn

Goldman Sachs spent three years quietly erasing its 2021 promise to 'be a bank for everyone' — and record profits filled the space it left behind.

2026-09-06
O
The Story

Realty Income's Last Three Years: Quietly Swapping Out How It Pays for Growth

How a 2024 slowdown driven by over-reliance on stock issuance pushed Realty Income to quietly rebuild its funding model over two years — and by 2026, the results were showing up in the numbers.

2026-09-06
JPM
The Story

JPMorgan's Last Three Years: From Basel Fears to a Record Quarter

How a bank that once braced for punishing new capital rules watched that fear fade, weathered a brief tariff scare, and came out the other side with record profits and tripled buybacks.

2026-09-06
UNH
The Story

UnitedHealth's Last Three Years: From 'Balanced Growth' to a Guidance Collapse — and Back

How a confidently growing insurer blew through its own 2025 guidance twice, replaced its CEO, and has spent the months since trying to rebuild trust on a much lower bar.

2026-09-06
AVGO
The Story

Broadcom's Last Two Years: From Digesting VMware to Becoming AI's Silent Partner

How Broadcom's public identity flipped in two years — from 'the company still absorbing its VMware acquisition' to an unnamed custom-chip partner behind a handful of the world's largest AI buildouts.

2026-09-06
TSLA
The Story

Tesla's Last Three Years: From Selling More Cars to Promising Robots and Robotaxis

How Tesla rewrote its own identity from 'sell more EVs' to 'change the world with robotaxis and robots' — hitting date-specific event promises reliably while missing bigger growth targets along the way.

2026-09-06
VST
The Story

Vistra's Last Three Years: A Two-Year Wait for the AI Power Deal It Finally Landed

How Vistra beat its own earnings guidance three years running while analysts spent 20-plus months asking the same question about a data-center power deal — and turned more defensive, not less, right after finally landing it.

2026-09-06
PLTR
The Story

Palantir's Last Three Years: From 'We Have a History of Losses' to Mocking Short Sellers

How Palantir's top-ranked corporate risk went from 'we might never turn a profit' to 'we might not collect all the money customers already promised us' — as the company's own tone shifted from defensive to openly combative.

2026-09-06
SNPS
The Story

Synopsys's Last Two Years: A Record Acquisition and a Self-Inflicted Wound, in the Same Quarter

How the largest deal in engineering-software history closed in the exact same quarter that China export controls, a major customer slowdown, and the company's own admitted mistakes forced a guidance cut and layoffs.

2026-09-06
RSG
The Story

Republic Services's Last Three Years: A Labor Strike Interrupted the Streak, Not the Story

How Republic Services never missed its own EPS guidance across three years — not even through a 2025 labor strike and economic slowdown severe enough to force a rare revenue-guidance cut.

2026-09-06
KO
The Story

Coca-Cola's Last Three Years: A CEO's Farewell Call, Wrapped Around a Reset in Ambition

How Coca-Cola went from raising guidance every quarter in 2024 to deliberately guiding much lower in 2025 and hitting that lower bar exactly — ending with a 17-year CEO's final earnings call, while diversity-related language quietly faded from its filings throughout.

2026-09-06
CVX
The Story

Chevron's Last 21 Months: How a $53 Billion Deal Got Stuck in Arbitration — and Came Out Better

How Chevron announced the Hess acquisition confidently, then paid a 13-month stock-price price for a legal fight it didn't control, before winning arbitration and closing a deal management says is now even better than announced.

2026-09-06
TSM
The Story

TSMC's Last Three Years: Quietly Dropping 'World's Largest,' Loudly Raising CapEx

In 2022, TSMC's top revenue source quietly flipped from smartphones to AI and servers — and the company has since dropped its confident "world's largest foundry" self-description, even while betting more aggressively than ever on capital spending.

2026-08-24
AMZN
The Story

Amazon's Last Three Years: From Cost-Cutting to History's Biggest Infrastructure Bet

How Amazon went from a company that had just finished squeezing out costs to one making its largest-ever infrastructure bet — wobbling twice along the way but beating its own guidance every quarter regardless.

2026-08-19
GOOGL
The Story

Alphabet's Last Three Years: From Ad Company to AI Infrastructure Bet

How Alphabet's quarterly capital spending went from $8 billion to $44.9 billion in three years — and how management's tone never once wavered, even through a first-ever negative free-cash-flow quarter.

2026-08-18
META
The Story

Meta's Last Three Years: From 'Year of Efficiency' to an Ever-Bigger AI Bet

How Meta moved from cost-cutting to raising its AI capex guidance every quarter — and to "superintelligence" language that briefly vanished, then came back.

2026-08-18
AAPL
The Story

Apple's Last Three Years: A Broken AI Promise, a Regulatory Reckoning, and a Comeback

How Apple got caught between a Siri promise it couldn't keep on time and a wave of regulatory losses in 2024–2025 — then clawed back both its numbers and its tone by mid-2026.

2026-08-17
MSFT
The Story

Microsoft's Last Three Years: Betting Bigger Even While Admitting It Can't Keep Up

Microsoft spent three straight years telling investors AI cloud demand was outrunning its capacity — and beat its own Azure growth targets in nine of eleven quarters anyway.

2026-08-17
NVDA
The Story

Nvidia's Last Three Years: From Graphics Cards to the Engine Room of AI

How a gaming-GPU maker rebuilt itself into AI infrastructure's most important supplier — and the one quarter, in the spring of 2025, when that story nearly cracked.

2026-08-17