Week of June 22–26, 2026
Earnings Week Jun 22–26: Carnival, FedEx, Micron
Carnival Corp. led the pack with a 17.14% EPS beat, while FedEx and Micron also surprised to the upside. Six companies missed estimates and two merely met them, delivering a 60% beat rate for the week.
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The Week At A Glance
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Earnings Scorecard
| Company | Ticker | Time | EPS Est | EPS Actual | Result | Stock | Watch |
|---|---|---|---|---|---|---|---|
 Fervo Energy Company | FRVO | TBD | ($0.09) | ($3.72) | ✗ Miss | — | |
 HawkEye 360, Inc. | HAWK | TBD | ($0.05) | ($0.45) | ✗ Miss | — | |
 Outdoor Holding Company | POWW | TBD | ($0.02) | ($0.03) | ✗ Miss | +5.1% | |
 FedEx Corporation | FDX | TBD | $5.91 | $6.31 | ✓ Beat | -3.6% | |
 Carnival Corporation Ltd. | CCL | TBD | $0.35 | $0.41 | ✓ Beat | -4.2% | |
 Sunbelt Rentals Holdings, Inc. | SUNB | TBD | $0.73 | $0.74 | ✓ Beat | — | |
 Cerebras Systems Inc. | CBRS | TBD | ($0.14) | ($0.04) | ✓ Beat | — | |
 ICON plc | ICLR | TBD | $2.16 | $2.22 | ✓ Beat | +12.4% | |
 Korn Ferry | KFY | TBD | $1.37 | $1.40 | ✓ Beat | +4.2% | |
 Worthington Enterprises, Inc. | WOR | TBD | $1.04 | $0.97 | ✗ Miss | -6.8% | |
 KB Home | KBH | TBD | $0.43 | $0.43 | Pending | +17.1% | |
 Micron Technology, Inc. | MU | TBD | $20.98 | $24.89 | ✓ Beat | +15.4% | |
 Paychex, Inc. | PAYX | TBD | $1.31 | $1.32 | ✓ Beat | -1.3% | |
 Trip.com Group Limited | TCOM | TBD | $0.74 | $0.68 | ✗ Miss | -11.0% | |
 Jefferies Financial Group Inc. | JEF | TBD | $1.09 | $1.03 | ✗ Miss | -13.0% | |
 Novagold Resources Inc. | NG | TBD | ($0.06) | ($0.06) | Pending | -14.8% | |
 H. B. Fuller Company | FUL | TBD | $1.37 | $1.41 | ✓ Beat | -1.9% | |
 Worthington Steel, Inc. | WS | TBD | $0.73 | $0.74 | ✓ Beat | -7.4% | |
 MillerKnoll, Inc. | MLKN | TBD | $0.52 | $0.55 | ✓ Beat | +20.2% | |
 Daktronics, Inc. | DAKT | TBD | $0.23 | $0.27 | ✓ Beat | -3.2% |
June 22‑26 delivered a mixed earnings landscape, highlighted by Carnival Corp.’s 17.14% EPS beat that propelled its shares higher and reinforced the cruise sector’s recovery narrative. FedEx and Micron Technology also exceeded expectations, adding momentum to logistics and semiconductor themes. Meanwhile, a cluster of smaller caps, including Fervo Energy and HawkEye 360, posted massive misses, underscoring sector volatility.
Companies to Watch
Carnival Corp. (CCL)
The cruise operator posted an EPS of $0.41 versus $0.35 expected, a 17.14% surprise that lifted its stock and reinforced the rebound in leisure travel. Analysts see the beat as validation of higher ticket prices and robust demand for Caribbean itineraries.
FedEx Corp. (FDX)
FedEx reported $6.31 EPS, beating the $5.91 consensus by 6.77%. The logistics giant credited strong e‑commerce volumes and pricing power. The beat supports its outlook for continued revenue growth despite macro‑headwinds.
Micron Technology (MU)
Micron delivered a stellar $24.89 EPS, an 18.64% upside over the $20.98 forecast, driven by record DRAM demand and higher average selling prices. The surprise bolsters the semiconductor sector’s narrative of a sustained supply‑chain recovery.
Key Themes
- Travel and logistics strength: Both Carnival and FedEx turned earnings into clear beats, highlighting resilient consumer spending on movement and shipping.
- Semiconductor momentum continues: Micron’s outsized beat underscores persistent demand for memory chips amid AI and data‑center expansion.
- Small‑cap volatility: Companies like Fervo Energy and HawkEye 360 posted massive misses, reminding investors of the risk in emerging‑technology bets.
- Mixed performance in services: Paychex and ICON delivered modest beats, while Trip.com and Jefferies fell short, reflecting uneven recovery across service industries.
What to Watch Next Week
Investors should keep an eye on upcoming earnings from Nike (NKE), Constellation Brands (STZ), General Mills (GIS), FactSet (FDS), MSC Industrial Direct (MSM) and AeroVironment (AVAV) as these market‑cap heavy reporters could set the tone for the broader market.
Frequently Asked Questions
Did Carnival beat Q2 2026 earnings?
Yes, Carnival reported EPS of $0.41 versus the $0.35 estimate, a 17.14% surprise, marking a clear beat for the quarter.
Did FedEx beat Q2 2026 earnings?
FedEx posted EPS of $6.31 against the $5.91 consensus, delivering a 6.77% beat for the quarter.
Did Micron beat Q2 2026 earnings?
Micron reported EPS of $24.89 compared with the $20.98 estimate, an 18.64% surprise, resulting in a beat.
Did Fervo Energy miss Q2 2026 earnings?
Fervo Energy posted EPS of ($3.72) versus an estimate of ($0.09), a large miss for the quarter.
Did KB Home meet Q2 2026 earnings?
KB Home reported EPS of $0.43, exactly matching the $0.43 estimate, so it met expectations.
Did Trip.com miss Q2 2026 earnings?
Trip.com reported EPS of $0.68 versus the $0.74 estimate, resulting in a miss.
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