Starbucks stock pops, GE Vernova slips, ASML surges

Yahoo Finance’s Brooke DiPalma reports:

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Texas Instruments (TXN) stock popped more than 9% in extended trading as the semiconductor company’s guidance impressed investors and overshadowed a miss on earnings.

Earnings per share declined year over year to $1.27 on revenue of $4.42 billion. Wall Street analysts forecast earnings per share of $1.31 on revenue of $4.44 billion, according to S&P Global Market Intelligence.

Revenue decreased 7% from the third quarter but increased 10% from the fourth quarter a year ago.

However, the Street was encouraged by Texas Instruments’ first quarter financial outlook. The chipmaker said it expects revenue in the range of $4.32 billion to $4.68 billion and earnings per share between $1.22 and $1.48, well above the average Street estimate for $4.4 billion in revenue and $1.28 earnings per share in Q1.

Listen to the earnings call live here.

Swiss computer hardware maker Logitech (LOGI) reported better-than-expected third quarter earnings on Tuesday as strategic AI upgrades to its products helped drive sales growth. But the stock edged lower after hours.

In the company’s fiscal third quarter, profits rose 28% year over year to $1.69, beating Wall Street analyst estimates for $1.66 per share, according to S&P Global Market Intelligence. Sales increased 6% year over year to $1.42 billion, ahead of expectations for $1.4 billion in sales.

“Growth was broad-based across categories, regions and both consumer and business channels,” Logitech CEO Hanneke Faber said in the release. “With the exception of pandemic peaks, we drove record operating income despite tariff headwinds, underscoring the quality of our portfolio, the strength of our innovation and our unique global operational capabilities.”

For the fiscal fourth quarter, Logitech expects sales in the range of $1.07 billion to $1.09 billion, representing sales growth of 6% to 8%, which was in line with analysts’ estimates.

For the full year, Logitech expects sales in the range of $4.82 billion-$4.84 billion.

Listen to the earnings call here.

Customers aren’t visiting restaurants as much, according to food distributor Sysco (SYY), but the industry is optimistic that foot traffic could improve this year.

On the company’s earnings call, Sysco CEO Kevin Hourican alluded to higher tax refund checks and customers becoming more accustomed to tariffs as factors that could help lift restaurant traffic. On the restaurant side, he noted that businesses have started adjusting to consumers’ preference for value, which could also bring in more diners.

“I believe that restaurant operators, particularly independent restaurant operators, have leaned into the consumer need for value,” he said. “They’ve been more nimble. They’ve adjusted menu prices. They’ve looked at things like portion sizes. They’ve looked at alternative proteins that can save the customer money, and independents in the industry are doing better than national chains.”

Sysco, which provides food, kitchen, and dining supplies to restaurants, reported higher sales in the second quarter and saw gains in US local foodservice volumes, though national chain restaurants were still suppressed.

“The declining foot traffic to restaurants, per Black Box, has negatively impacted our national chain restaurant customers as can be seen in our results as volume with these customers was down year-over-year,” Hourican said, noting that the company expects to offset that weakness with strength in its non-restaurant business.

For the second quarter, sales increased 3% year over year to $20.8 billion, while diluted earnings per share of $0.81 were 1.2% lower than the second quarter of 2025.

Sysco also raised its full-year adjusted earnings per share to be at the high end of its guidance range of $4.50-$4.60.

The stock jumped 9% on Tuesday afternoon.

Boeing (BA) continued to rebuild plane production in the fourth quarter, leading to the highest revenue in eight years.

The aircraft maker said its 2025 revenue of $89.5 billion and deliveries of 600 commercial jets reflected the company’s highest sales since 2018.

For the fourth quarter, Boeing reported earnings per share of $10.23 on revenue of $23.9 billion, compared to a loss per share of $5.46 and revenue of $15.2 billion a year ago.

“We made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead,” CEO Kelly Ortberg said. “We completed the acquisition of Spirit AeroSystems and the sale of portions of the Digital Aviation Solutions business and remain focused on promoting stable operations, completing our development programs, rebuilding trust with our stakeholders, and fully restoring Boeing to the iconic company we all know it can be.”

Revenues in Boeing’s Commercial Airplanes segment rose 139% from Q4 2024 to Q4 2025. Sales in the Defense, Space, and Security unit climbed 37%, while Global Services revenues rose 2%.

Boeing stock dipped about 1% ahead of the opening bell.

Reuters reports:

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American Airlines (AAL) earnings were below expectations for the fourth quarter as the government shutdown affected flights, but the airline shared an upbeat outlook for the beginning of the year.

The airline reported earnings per share of $0.15, compared to estimates of $0.30, according to S&P Global Market Intelligence. Record revenue of $14 billion was in line with estimates.

American said that the government shutdown impacted revenue by approximately $325 million in Q4.

While bookings slowed toward the end of the year, the airline said they picked up to start 2026.

“Following softer-than-expected bookings late in the fourth quarter, bookings strengthened meaningfully in January,” the company said. “Based on these bookings, the company expects solidly positive first-quarter unit revenue for the domestic entity and the system, with total revenue growing 7.0%-10.0%.”

For the full year, American expects adjusted earnings per diluted share in a range of $1.70-$2.70, with a midpoint above the estimated $1.85.

The stock rose 4% in premarket trading.

Yahoo Finance’s Pras Subramanian reports:

General Motors (GM) continued its strong run of quarterly performance with fourth quarter earnings that topped estimates, as it upped its dividend and instituted a new $6 billion stock buyback plan.

For the quarter, GM reported revenue of $45.29 billion compared with the $45.37 billion estimated, a drop of 5.1% compared with last year. The automaker posted Q4 adjusted earnings per share (EPS) of $2.51 vs $2.28 expected, on adjusted earnings before interest and taxes (EBIT) of $2.843 billion vs. $2.77 billion estimated.

For 2026, GM projects the following:

Read more here.

Nucor’s (NUE) fourth quarter results missed Wall Street expectations due to lower volumes and compressed margins from higher steel prices.

The Charlotte, N.C.-based steel manufacturer reported earnings per share of $1.64, compared to estimates of $1.77, according to S&P Global Market Intelligence. Revenue of $7.69 billion also missed expectations for $7.9 billion in sales, led by quarter-over-quarter sales declines in the steel mills and steel products segments.

Nucor stock declined 3% in after-hours trading. The stock was down 2% during Monday’s session following Steel Dynamics’ (STLD) Q4 results.

Like Steel Dynamics, Nucor offered some optimism for the quarter ahead, saying that it’s seeing “robust demand” in several end markets as well as “strong backlogs.” The company also said it was encouraged by federal policies in place, such as import tariffs on steel and steel products.

The company said it expects earnings to rise in Q1 across all segments but did not offer specific guidance yet. Nucor’s earnings call will take place on Tuesday at 10 a.m. ET. You can listen to it on Yahoo Finance.

Houston-based oil field services company Baker Hughes (BKR) reported fourth quarter earnings on Sunday that beat analyst expectations as the company’s focus on liquefied natural gas and industrial energy infrastructure paid off.

Baker Hughes reported earnings per share of $0.88, which was better than the $0.67 per share Wall Street was expecting, according to S&P Global Market Intelligence. Revenue of $7.3 billion also came in higher than the Street estimate of $7 billion.

The stock rose more than 2% in premarket trading.

The Industrial & Energy Technology segment saw continued strength and secured a record backlog of $32.4 billion, the company said.

“Looking ahead, we expect IET orders to remain at robust levels, supported by continued momentum in LNG, a stronger year of FPSO [floating production storage and offloading] and gas infrastructure awards, and sustained strength for power systems,” Baker Hughes CEO Lorenzo Simonelli said in the earnings release. “Against this favorable backdrop, we project similar levels of organic IET orders in 2026.”

Listen to the company’s earnings call at 9:30 a.m. ET.