S&P 500: Weekly Earnings Summary Feb 21

Results: Operating profit +19.0%, revenue +17.0% (Feb 18)

Reason: Garmin has strong momentum—the success of new sports watches drove a 42% revenue jump in the Fitness segment. Consumers are willing to pay for quality, and the success of aviation products added confidence. A strong future outlook and a share buyback program supported sentiment.

Reaction: The stock rallied +15.9% for the week.

Results: Operating profit +4.7%, revenue +13.9% (Feb 18)

Reason: The company is riding the data center wave. Although profit growth was moderate due to lower oil prices, investors are focused on the new strategy of using its land for digital infrastructure. Record oil production and a dividend increase added confidence.

Reaction: Future expectations lifted the stock by +15.6%.

Results: Operating profit recovered to $202 million (Feb 18)

Reason: Occidental made a strong comeback thanks to strict cost cuts and debt reduction, despite lower oil prices. Investors appreciated the company's financial discipline, and supportive analyst commentary also helped.

Reaction: The stock rose +12.5% for the week.

Results: Operating profit +37.0%, revenue +13.0% (Feb 18)

Reason: The ratings business had a record quarter, supported by AI solutions and strong demand for analytics. Strict cost control kept margins high. The results dispelled earlier fears about competition.

Reaction: The stock finished the week up +5.0%.

Results: Operating profit +63.1%, revenue +58.0% (Feb 18)

Reason: Growth was driven by an increase in used car sales volume and logistics efficiency. However, the good numbers were overshadowed by concerns about a decline in profitability (GPU) and a vague 2026 forecast, which created uncertainty.

Reaction: The stock ended the week down -1.8%.

Results: Operating profit +33.9%, revenue +31.2% (Feb 18)

Reason: Insulet continues its strong performance—the Omnipod 5 insulin pump is gaining market share, especially among type 2 diabetes patients. Although the results were excellent, an analyst's price target cut made investors cautious.

Reaction: The stock was flat for the week (-0.4%).

Results: Turned to a loss, revenue +4.1% (Feb 17)

Reason: A major disappointment. Restructuring costs and a write-down of the European business value pushed the company into a loss. Even more concerning was the weak 2026 forecast, suggesting a cooling of the core business and a loss of investor confidence.

Reaction: The stock plummeted -19.8% for the week.

Results: Operating profit -14.3%, revenue -0.5% (Feb 19)

Reason: The pool construction party is over. Consumers are cautious about large projects, while rising costs are pressuring margins. Management's pessimistic outlook for 2026 confirmed that a quick recovery is not expected.

Reaction: The stock fell -16.6%.

Results: Operating profit +9.3%, revenue +12.8% (Feb 19)

Reason: Profit growth couldn't save the stock. Investors were spooked by a much weaker-than-expected growth forecast, compounded by fears of AI's negative impact on the IT services sector and the loss of a major client.

Reaction: The stock plunged -16.5%.

Results: Operating profit -80.1%, revenue -12.1% (Feb 17)

Reason: High interest rates have hit the company hard. The housing market has cooled and lumber prices have fallen, but costs couldn't be cut fast enough. Negative operating leverage wiped out profits.

Reaction: The stock fell -3.6%.

Results: Operating profit -5.4%, revenue +3.2% (Feb 17)

Reason: Price increases were not enough to offset an unfavorable sales mix, where the share of more profitable products decreased. The construction materials market is uneven, which was reflected in the decline in margins.

Reaction: The disappointment led to a -6.8% drop in the stock.