EARNINGS WRAP — Wednesday, August 05

48 companies reported. Health Care dominated the heavyweight action with $LLY, $CVS, and $MCK all dropping big numbers. Widest consensus spread belonged to $ALL — estimates ranged from $4.50 to $7.50 before they printed $8.99. $LLY (Eli Lilly) crushed it. Adj EPS of $8.38 vs $6.58 consensus — a 27% beat. Revenue exploded 48% YoY to $23B. The GLP-1 juggernaut isn’t slowing down. $CVS (CVS Health) posted Adj EPS of $2.58, smoking the $1.85 consensus by 39%. Revenue hit $106B. A much-needed win for the pharmacy giant after a brutal year. $UBER (Uber) delivered a 40% EPS beat — $1.17 vs $0.83. Revenue up 12% to $14.2B. Rides and delivery both firing. The platform is printing cash. $DIS (Disney) beat with Adj EPS of $2.06 vs $1.85. Revenue rose 7% to $25.2B. Streaming profitability is finally arriving, but parks revenue growth is decelerating. $APP (AppLovin) barely squeaked past consensus — $3.76 vs $3.75 — but revenue soared 53% to $1.9B. The AI ad engine is still humming, just not e

48 companies reported. Health Care dominated the heavyweight action with $LLY, $CVS, and $MCK all dropping big numbers. Widest consensus spread belonged to $ALL — estimates ranged from $4.50 to $7.50 before they printed $8.99.