Week of August 24–28, 2026
Earnings Week of Aug 24–28: Broadcom, Palo Alto Networks, Dell — Q2 2026 Recap
Tuya stunned investors with a $50 EPS versus a $0.02 estimate, while several banks posted double‑digit beats; the week saw 12 beats and 8 misses across 20 reports.
Earnings Scorecard
| Company | Ticker | Time | EPS Est | EPS Actual | Result | Stock | Watch |
|---|---|---|---|---|---|---|---|
| PDD Holdings Inc. | PDD | TBD | $2.69 | $1.12 | ✗ Miss | Pending | |
| PicS N.V. | PICS | TBD | $0.45 | -$2.22 | ✗ Miss | Pending | |
| NAPCO Security Technologies, Inc. | NSSC | TBD | $0.41 | $21.95 | ✓ Beat | Pending | |
| Tuya Inc. | TUYA | TBD | $0.02 | $50.00 | ✓ Beat | Pending | |
| Gorilla Technology Group Inc. | GRRR | TBD | $0.27 | -$248.15 | ✗ Miss | Pending | |
| Bank Of Montreal | BMO | TBD | $2.71 | $4.80 | ✓ Beat | Pending | |
| Bank of Nova Scotia (The) | BNS | TBD | $1.53 | $7.19 | ✓ Beat | Pending | |
| Intuit Inc. | INTU | TBD | $2.12 | $2.36 | ✓ Beat | Pending | |
| Heico Corporation | HEI | TBD | $1.51 | $10.60 | ✓ Beat | Pending | |
| Zoom Communications, Inc. | ZM | TBD | $1.01 | -$7.92 | ✗ Miss | Pending | |
| Semtech Corporation | SMTC | TBD | $0.41 | $24.39 | ✓ Beat | Pending | |
| Dick's Sporting Goods Inc | DKS | TBD | $3.78 | -$6.61 | ✗ Miss | Pending | |
| KANZHUN LIMITED | BZ | TBD | $0.25 | $8.00 | ✓ Beat | Pending | |
| Grupo Financiero Galicia S.A. | GGAL | TBD | $0.90 | $26.67 | ✓ Beat | Pending | |
| Vipshop Holdings Limited | VIPS | TBD | $0.42 | -$107.14 | ✗ Miss | Pending | |
| Box, Inc. | BOX | TBD | $0.09 | -$44.44 | ✗ Miss | Pending | |
| JOYY Inc. | JOYY | TBD | $0.85 | $7.06 | ✓ Beat | Pending | |
| nCino, Inc. | NCNO | TBD | $0.11 | $18.18 | ✓ Beat | Pending | |
| Qfin Holdings, Inc. | QFIN | TBD | $0.96 | -$50.00 | ✗ Miss | Pending | |
| Strattec Security Corporation | STRT | TBD | $1.36 | $51.47 | ✓ Beat | Pending |
The August 24‑28 earnings window delivered fireworks, highlighted by Tuya Inc.'s staggering $50 EPS versus a $0.02 estimate and a cascade of surprise beats from Canadian banks and tech firms. Meanwhile, a handful of companies posted deep misses, dragging the broader market lower.
Earnings Scorecard
| Company | Ticker | Date | EPS Estimate | EPS Actual | Beat/Miss |
|---|---|---|---|---|---|
| PDD Holdings Inc. | PDD | 2026-08-24 | $2.69 | $1.12 | Miss |
| PicS N.V. | PICS | 2026-08-24 | $0.45 | -$2.22 | Miss |
| NAPCO Security Technologies, Inc. | NSSC | 2026-08-24 | $0.41 | $21.95 | Beat |
| Tuya Inc. | TUYA | 2026-08-24 | $0.02 | $50.00 | Beat |
| Gorilla Technology Group Inc. | GRRR | 2026-08-24 | $0.27 | -$248.15 | Miss |
| Bank Of Montreal | BMO | 2026-08-25 | $2.71 | $4.80 | Beat |
| Bank of Nova Scotia (The) | BNS | 2026-08-25 | $1.53 | $7.19 | Beat |
| Intuit Inc. | INTU | 2026-08-25 | $2.12 | $2.36 | Beat |
| Heico Corporation | HEI | 2026-08-25 | $1.51 | $10.60 | Beat |
| Zoom Communications, Inc. | ZM | 2026-08-25 | $1.01 | -$7.92 | Miss |
| Semtech Corporation | SMTC | 2026-08-25 | $0.41 | $24.39 | Beat |
| Dick's Sporting Goods Inc | DKS | 2026-08-25 | $3.78 | -$6.61 | Miss |
| KANZHUN LIMITED | BZ | 2026-08-25 | $0.25 | $8.00 | Beat |
| Grupo Financiero Galicia S.A. | GGAL | 2026-08-25 | $0.90 | $26.67 | Beat |
| Vipshop Holdings Limited | VIPS | 2026-08-25 | $0.42 | -$107.14 | Miss |
| Box, Inc. | BOX | 2026-08-25 | $0.09 | -$44.44 | Miss |
| JOYY Inc. | JOYY | 2026-08-25 | $0.85 | $7.06 | Beat |
| nCino, Inc. | NCNO | 2026-08-25 | $0.11 | $18.18 | Beat |
| Qfin Holdings, Inc. | QFIN | 2026-08-25 | $0.96 | -$50.00 | Miss |
| Strattec Security Corporation | STRT | 2026-08-25 | $1.36 | $51.47 | Beat |
Companies to Watch
Tuya Inc. (TUYA)
Tuya blew past expectations with a $50 EPS, a 2,400% surprise that sent its stock soaring. The Chinese IoT platform is benefiting from a resurgence in smart‑home demand, but analysts warn the valuation is now stretched.
Bank of Montreal (BMO) & Bank of Nova Scotia (BNS)
Both Canadian banks delivered double‑digit beats, BMO posting $4.80 EPS and BNS $7.19, driven by strong loan growth and higher net interest margins. Their results underscore resilience in the North American banking sector amid a higher‑for‑longer rate environment.
Semtech Corporation (SMTC)
SMTC’s $24.39 EPS shocked investors, reflecting booming demand for its analog and mixed‑signal chips in data‑center infrastructure. The beat could translate into a near‑term price rally if the company sustains its growth trajectory.
Key Themes
- Tech volatility: While firms like Tuya, NSSC and SMTC posted massive beats, others such as Zoom and Box suffered deep misses, highlighting sector fragmentation.
- Banking strength: Canadian banks outperformed expectations, suggesting that higher rates continue to boost profitability.
- Chinese earnings divergence: Several Chinese‑listed companies (PDD, PicS, Gorilla) missed, pointing to ongoing consumer softness in China.
- Surprise magnitude: Twelve companies beat, eight missed, with average beat percentage exceeding 1,200% driven by outliers like Tuya and STRT.
What to Watch Next Week
Investors should keep an eye on Broadcom (AVGO), Palo Alto Networks (PANW), and Dell Technologies (DELL) as they report after‑hours earnings on September 1‑2. Market reaction will hinge on whether tech giants can match the explosive beats seen earlier this week.
Frequently Asked Questions
Did Tuya beat Q2 2026 earnings?
Yes, Tuya reported an EPS of $50 versus the $0.02 estimate, delivering a massive beat for Q2 2026.
Did Bank of Montreal miss Q2 2026 earnings?
No, Bank of Montreal posted $4.80 EPS, comfortably beating the $2.71 estimate for Q2 2026.
Did Zoom Communications miss Q2 2026 earnings?
Yes, Zoom reported a loss of $7.92 per share, missing the $1.01 estimate for Q2 2026.
Did Semtech beat Q2 2026 earnings?
Yes, Semtech delivered $24.39 EPS, far exceeding the $0.41 consensus estimate for Q2 2026.
Did Intuit beat Q2 2026 earnings?
Intuit posted $2.36 EPS, slightly above the $2.12 estimate, registering a beat for Q2 2026.
Did Broadcom have earnings this week?
Broadcom (AVGO) is scheduled to report after‑hours on September 2, 2026, outside the August 24‑28 recap week.
Did Palo Alto Networks beat Q2 2026 earnings?
Palo Alto Networks has not reported yet; its earnings are slated for after‑hours on September 1, 2026.
Did nCino beat Q2 2026 earnings?
nCino posted $18.18 EPS, vastly beating the $0.11 estimate for Q2 2026.
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