Pepsico, Applovin among market cap stock movers on Wednesday

Earnings season continues, with several major players stepping up to the plate on Thursday. Below we highlight companies expected to report earnings the next trading day so you can position yourself ahead of potential market moves. Leading the action are tech heavyweight Avago Technologies with its massive $1.92 trillion market cap, retail giant Costco Wholesale with a $388.91 billion valuation, premium athleisure brand Lululemon Athletica, networking specialist Ciena, and high-end furniture retailer RH (formerly Restoration Hardware).

Earnings Before the Open:

• Ciena (CIEN) - EPS estimate: $0.77, Revenue estimate: $1.29B

• The - EPS estimate: -$0.18, Revenue estimate: $155.78M

• Vera Bradley (VRA) - EPS estimate: -$0.12, Revenue estimate: $63.96M

• Destination XL (DXLG) - EPS estimate: -$0.05, Revenue estimate: $104.6M

• LiveDeal (LIVE) - EPS estimate: Not available, Revenue estimate: Not available

Earnings After the Close:

• Avago Technologies (AVGO) - EPS estimate: $1.87, Revenue estimate: $17.45B

• Costco Wholesale (COST) - EPS estimate: $4.28, Revenue estimate: $67.08B

• Lululemon Athletica (LULU) - EPS estimate: $2.21, Revenue estimate: $2.48B

• RH ( - EPS estimate: $2.16, Revenue estimate: $883.26M

• Quanex Building Products Corp (NX) - EPS estimate: $0.48, Revenue estimate: $481.02M

• Mitek Systems (MITK) - EPS estimate: $0.17, Revenue estimate: $42.5M

• Kestra Medical Technologies (KMTS) - EPS estimate: Not available, Revenue estimate: Not available

• Frequency Electro (FEIM) - EPS estimate: $0.34, Revenue estimate: $18.5M

• Comtech Tele (CMTL) - EPS estimate: -$0.63, Revenue estimate: $116.46M

Check back daily for updates and insights into the earnings season and real-time results at Investing.com’s Earnings Calendar and latest headlines. Do you want to trade the earnings of the biggest companies like a pro? Then get InvestingPro now and access over 1000 metrics that will give you a significant advantage in the shark tank that is Wall Street. Click here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- RBC Capital Market calls Dutch Bros, Inc. and Wingstop, Inc. as its top picks for 2026 in the restaurant sector, given strong growth potential and attractive business models.

Both companies offer compelling investment opportunities with significant runway for unit expansion and same-store sales growth. Their differentiated concepts and strategic initiatives position them well in the competitive restaurant landscape.

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Dutch Bros, Inc - Dutch Bros stands out as a category creator in drive-thru only custom energy and coffee restaurants, with particular appeal to Gen Z consumers. The company’s long-term growth story is supported by multiple factors, including its substantial runway for unit growth with attractive economics. Despite operating over 1,000 locations in the US, Dutch Bros still has significant expansion and brand awareness opportunities.

The company’s food offerings and mobile order capabilities are expected to drive same-store sales growth by capturing more morning transactions, where Dutch Bros currently captures only about one-third of business compared to competitors’ approximately 50%. Food additions should also provide a check average boost.

While competition remains a concern for some investors, RBC believes the specialty beverage category is expanding and can support multiple scaled players, limiting potential headwinds to Dutch Bros’ growth through 2026.

Dutch Bros recently reported third-quarter 2025 earnings that surpassed analyst estimates, with revenue reaching $424 million. The company also raised its full-year 2025 revenue guidance, citing strong same-store sales momentum.

Wingstop, Inc - Wingstop presents a compelling growth story with potential upside to consensus unit growth estimates of 16.0% in 2026. This optimism is driven by best-in-class franchisee returns on capital at 70% and a relatively low $500,000 upfront capital investment requirement.

The company’s same-store sales growth, currently projected at 2.6% by analysts, could see upside from several initiatives. These include marketing campaigns targeting a more diverse and higher-income customer base, an inaugural loyalty program launching at the end of Q2, and kitchen display systems that improve service speed, allowing for a delivery radius approximately four times larger than before.

Wingstop shares many positive attributes with Dutch Bros, including runway for unit growth with attractive economics, multiple same-store sales drivers, and opportunities to expand EBITDA margins.

In other developments, Wingstop announced the opening of its 3,000th global restaurant, a significant milestone in its expansion. The company’s third-quarter 2025 results included record adjusted EBITDA growth, though it also experienced a slowdown in customer traffic and a decline in same-store sales.

Both restaurant chains face key debates about their future performance, including questions about competition, long-term margin potential, appropriate trading multiples, and their ability to successfully execute growth strategies. However, RBC Capital Markets’ analysis suggests these top picks offer strong potential in the restaurant sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Jefferies outlined a 2026 roadmap for multi industrial stocks built around growth in power and data centers, margin expansion through internal productivity efforts, and a turn in the capital spending cycle after two years of weak volumes.

The brokerage upgraded Pentair, John Bean Technologies and Middleby to Buy, while cutting Emerson Electric and Veralto to Hold.

Jefferies said power and data centers remain the fastest growing parts of the sector and should continue to drive orders into next year.

Vertiv is its preferred way to play the data center build out, with sales seen rising to about $20 billion by 2029.

TE Connectivity expects AI and cloud revenue to double to more than $3 billion within two years, while Flowserve continues to see strong power related demand with bookings up 23% in the third quarter. Jefferies said it expects margin gains across the group from operating leverage, 80 20 programs and factory consolidation.

Jefferies sees John Bean Technologies growing earnings at about 20% a year through 2027 as it delivers cost synergies and operating leverage that lift adjusted EBITDA margins to 19% percent.

Pentair has expanded return on sales by about 600 basis points since 2022 despite two years of mid single digit organic declines, and Jefferies expects volumes to turn positive in 2026, adding another leg to its margin story. It also sees further gains at Wabtec as integration savings increase.

Jefferies said spending was deferred this year amid uncertainty but should improve as tariff pressures ease and the impact of US industrial legislation builds.

Lincoln Electric and ESAB will return to mid single digit organic growth in 2026, with margins supported by internal efficiency programs.

Rockwell Automation will benefit from a rebound in capital spending, while Graco is positioned for organic growth next year with easier comparisons and stabilizing orders.

Jefferies cut Emerson after its transformation plan and updated guidance reduced near term upside.

It downgraded Regal Rexnord as its turnaround takes longer and Veralto on valuation and limited catalysts. Middleby’s upgrade reflects buybacks, portfolio moves and capital deployment, while Jefferies said Pentair remains its top pick entering 2026.