OpenStocks

$CROX Q3 EARNINGS Adj EPS: $3.69 vs $3.30 est ✅ Sales: $1.042B vs $1.003B est ✅ 🟩 +11.12% in pre-market

Funny split on the tape. Alphabet $GOOGL writes the cheques and cops a hiding. Quanta Services $PWR, who builds the grid those cheques pay for, just posted revenue up 57%. Free cash flow is the new scoreboard, and it sits with whoever's getting paid, not whoever's paying.

GE VERNOVA $GEV Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $12.6B (Est. $11.99B) 🟢; +27% YoY 🔹 Organic Revenue Growth: +18% YoY 🔹 EPS: $4.81 🔹 Orders: $29.3B; +96% organically 🔹 Backlog: $197B Raises FY26 Guide: 🔹 Revenue: $46.5B-$47.5B (Est. $46.24B) 🟢; from $45.5B-$46.5B 🔹 Adj. EBITDA Margin: 13.5%-14.5%; from 12%-14% 🔹 Free Cash Flow: $16B-$17B; from $11.5B-$12.5B Segment Revenue: 🔹 Power: $6.1B; +25% YoY 🔹 Electrification: $3.9B; +51% YoY 🔹 Wind: $2.7B; +4% YoY Announcements: 🔹 Trench Group Acquisition: $9.0B; close expected late 2027 🔹 Buyback Authorization: $20B; from $10B Other Q3 Metrics: 🔹 Adj. EBITDA: $1.9B; 15.4% margin 🔹 Free Cash Flow: $5.4B 🔹 Gas Backlog & Reservations: 122 GW; at least 130 GW expected by year-end 2026 Capital Return: 🔹 Buybacks: 1.7M shares for $1.6B 🔹 Dividend: $0.50/share Comments: 🔸 “We now expect our backlog to exceed $200 billion in the fourth quarter, with improved margins, and to exit 2026 with at least 130 GW of gas equipment under contract.” 🔸 “Based on our strong financial performance, we are raising our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow.”