EARNINGS WRAP: Wed Nov 11. 3 names, 2 reported, 1 pending. Industrials and consumer discretionary in the books, tech still to come. $CRWV is the wildcard with a -$1.55 consensus print on deck.

$TDG TransDigm beat: Adj EPS $12.44 vs $12.21 consensus (+1.9%), GAAP EPS $10.60. Revenue $3.0B, up 22.6% yoy. Solid aerospace demand, GAAP gap is the usual amortization drag. $ONON On Holding crushed it: EPS $0.54 vs $0.40 consensus, a 34.3% beat. No revenue in the release, but that bottom line blowout is the story for the running shoe name. $CRWV CoreWeave still pending, consensus EPS -$1.55. No results yet, so no beat or miss to call. Watch the print for the AI infrastructure read. THE WRAP: $ONON's 34% EPS beat is the surprise that moves the consumer discretionary narrative. $TDG's 22.6% revenue growth confirms industrials are holding up. $CRWV is the one that could reset the tech tape when it lands.

$TDG TransDigm beat: Adj EPS $12.44 vs $12.21 consensus (+1.9%), GAAP EPS $10.60. Revenue $3.0B, up 22.6% yoy. Solid aerospace demand, GAAP gap is the usual amortization drag.