Ticker Times

Daily stock-market updates without the noise

Ticker Times

Stock updates built for the market day.

A morning digest before the open, then concise updates on key earnings, filings, and ticker moves as the day develops.

Morning Digest

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The first automated digest will publish here.

The scheduled publisher is set up to create a weekday morning digest from sourced market movers and earnings-calendar data.

Latest updates

Earnings, filings, and market-moving ticker notes.

Analysis Neutral

Commercial Metals (CMC) Q2 FY2026: EBITDA More Than Doubles as Precast Platform Arrives

Commercial Metals beat revenue estimates with $2.13B in Q2 FY2026 but missed EPS as weather and acquisition charges weighed. The headline number: core EBITDA surged 114% year-over-year to $297.5M, with the Construction Solutions Group nearly doubling revenue. The West Virginia micromill is on track for June 2026 — the moment the full earnings power of CMC's transformation becomes visible.

  • Commercial Metals beat revenue estimates with $2.13B in Q2 FY2026 but missed EPS as weather and acquisition charges weighed. The headline number: core EBITDA surged 114% year-over-year to $297.5M, with the Construction Solutions Group nearly doubling revenue. The West Virginia micromill is on track for June 2026 — the moment the full earnings power of CMC's transformation becomes visible.
Analysis Neutral

Jefferies (JEF) Q1 2026 Earnings: Record Investment Banking Quarter Undermined by One-Time Charges

Jefferies posted $2.02B in Q1 2026 revenue, up 26.6% YoY, with a record IB quarter of $1.02B (+45%). But a $36M goodwill write-down and legacy asset losses dragged GAAP EPS to $0.70 — well below the $0.91 estimate. The stock, already down 45% from its highs, now trades at just 13x forward earnings.

  • Jefferies posted $2.02B in Q1 2026 revenue, up 26.6% YoY, with a record IB quarter of $1.02B (+45%). But a $36M goodwill write-down and legacy asset losses dragged GAAP EPS to $0.70 — well below the $0.91 estimate. The stock, already down 45% from its highs, now trades at just 13x forward earnings.
Analysis Neutral

MillerKnoll (MLKN) Q3 FY2026 Earnings: Orders Surge 9% But Stock Crashes 22% on Guidance Shortfall

MillerKnoll missed Q3 FY2026 estimates — revenue of $926.6M vs. $942M expected, adj EPS $0.43 vs. $0.45. But the 22% stock crash is really about the Q4 guidance: adj EPS of $0.49–$0.55 vs. the $0.61 consensus. The Middle East conflict is hurting the International segment, new store investments are temporary costs, and North America Contract orders were up 13%. At 7x forward earnings with a 5% dividend yield, the question is whether the selloff is an overreaction.

  • MillerKnoll missed Q3 FY2026 estimates — revenue of $926.6M vs. $942M expected, adj EPS $0.43 vs. $0.45. But the 22% stock crash is really about the Q4 guidance: adj EPS of $0.49–$0.55 vs. the $0.61 consensus. The Middle East conflict is hurting the International segment, new store investments are temporary costs, and North America Contract orders were up 13%. At 7x forward earnings with a 5% dividend yield, the question is whether the selloff is an overreaction.
Analysis Neutral

Chewy (CHWY) Q4 & FY2025 Earnings: Record $562M Free Cash Flow Drives 13% Stock Rally

Chewy delivered record FY2025 free cash flow of $562M, 21.3M active customers, and expanding EBITDA margins. The stock surged 13% on strong Q1 FY2026 guidance and record autoship penetration of 84%.

  • Chewy delivered record FY2025 free cash flow of $562M, 21.3M active customers, and expanding EBITDA margins. The stock surged 13% on strong Q1 FY2026 guidance and record autoship penetration of 84%.
Analysis Neutral

Paychex (PAYX) Q3 FY2026: Paycor Integration Fuels 20% Revenue Surge, Margin Hits Record 47.7%

Paychex delivered Q3 FY2026 revenue of $1.81B (+20% YoY) and adjusted EPS of $1.71 (+15%), powered by the Paycor acquisition and AI-driven efficiencies. Adjusted operating margin hit a record 47.7% as integration synergies exceed targets.

  • Paychex delivered Q3 FY2026 revenue of $1.81B (+20% YoY) and adjusted EPS of $1.71 (+15%), powered by the Paycor acquisition and AI-driven efficiencies. Adjusted operating margin hit a record 47.7% as integration synergies exceed targets.
Analysis Neutral

Braze (BRZE) Q4 FY2026 Earnings: Revenue Beat, Stock Jumps 11.5% — AI Momentum Is Real

Braze delivered Q4 FY2026 revenue of $205.2M (+28% YoY), beating estimates by 3.5%. The stock surged 11.5% on strong Q1 FY2027 guidance and improving margins. With NRR rising to 109% and large customers up 29% YoY, the customer engagement platform is hitting its stride.

  • Braze delivered Q4 FY2026 revenue of $205.2M (+28% YoY), beating estimates by 3.5%. The stock surged 11.5% on strong Q1 FY2027 guidance and improving margins. With NRR rising to 109% and large customers up 29% YoY, the customer engagement platform is hitting its stride.

Earnings watch

Analysis Neutral

Commercial Metals (CMC) Q2 FY2026: EBITDA More Than Doubles as Precast Platform Arrives

Commercial Metals beat revenue estimates with $2.13B in Q2 FY2026 but missed EPS as weather and acquisition charges weighed. The headline number: core EBITDA surged 114% year-over-year to $297.5M, with the Construction Solutions Group nearly doubling revenue. The West Virginia micromill is on track for June 2026 — the moment the full earnings power of CMC's transformation becomes visible.

  • Commercial Metals beat revenue estimates with $2.13B in Q2 FY2026 but missed EPS as weather and acquisition charges weighed. The headline number: core EBITDA surged 114% year-over-year to $297.5M, with the Construction Solutions Group nearly doubling revenue. The West Virginia micromill is on track for June 2026 — the moment the full earnings power of CMC's transformation becomes visible.
Analysis Neutral

Jefferies (JEF) Q1 2026 Earnings: Record Investment Banking Quarter Undermined by One-Time Charges

Jefferies posted $2.02B in Q1 2026 revenue, up 26.6% YoY, with a record IB quarter of $1.02B (+45%). But a $36M goodwill write-down and legacy asset losses dragged GAAP EPS to $0.70 — well below the $0.91 estimate. The stock, already down 45% from its highs, now trades at just 13x forward earnings.

  • Jefferies posted $2.02B in Q1 2026 revenue, up 26.6% YoY, with a record IB quarter of $1.02B (+45%). But a $36M goodwill write-down and legacy asset losses dragged GAAP EPS to $0.70 — well below the $0.91 estimate. The stock, already down 45% from its highs, now trades at just 13x forward earnings.
Analysis Neutral

MillerKnoll (MLKN) Q3 FY2026 Earnings: Orders Surge 9% But Stock Crashes 22% on Guidance Shortfall

MillerKnoll missed Q3 FY2026 estimates — revenue of $926.6M vs. $942M expected, adj EPS $0.43 vs. $0.45. But the 22% stock crash is really about the Q4 guidance: adj EPS of $0.49–$0.55 vs. the $0.61 consensus. The Middle East conflict is hurting the International segment, new store investments are temporary costs, and North America Contract orders were up 13%. At 7x forward earnings with a 5% dividend yield, the question is whether the selloff is an overreaction.

  • MillerKnoll missed Q3 FY2026 estimates — revenue of $926.6M vs. $942M expected, adj EPS $0.43 vs. $0.45. But the 22% stock crash is really about the Q4 guidance: adj EPS of $0.49–$0.55 vs. the $0.61 consensus. The Middle East conflict is hurting the International segment, new store investments are temporary costs, and North America Contract orders were up 13%. At 7x forward earnings with a 5% dividend yield, the question is whether the selloff is an overreaction.
Analysis Neutral

Chewy (CHWY) Q4 & FY2025 Earnings: Record $562M Free Cash Flow Drives 13% Stock Rally

Chewy delivered record FY2025 free cash flow of $562M, 21.3M active customers, and expanding EBITDA margins. The stock surged 13% on strong Q1 FY2026 guidance and record autoship penetration of 84%.

  • Chewy delivered record FY2025 free cash flow of $562M, 21.3M active customers, and expanding EBITDA margins. The stock surged 13% on strong Q1 FY2026 guidance and record autoship penetration of 84%.

Market movers

Intraday market-mover articles will appear here.