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Earnings Roundup: Which Big Companies Beat or Missed This Week

Earnings Roundup: Which Big Companies Beat or Missed This Week

ATN BREAKING NEWS |

Earnings Roundup: Which Big Companies Beat or Missed This Week

October 19, 2026 | ATN Trade & Finance

The week of October 13–19 brought a dense wave of Q3 results, led by the major US banks. The headline takeaway: Wall Street's trading desks delivered, but consumer-facing businesses are showing cracks.

Goldman Sachs: The Standout Beat

Goldman Sachs reported on October 14 with EPS of $17.01 against a $13.09 estimate — a roughly 30% beat. Revenue came in at $18.68 billion versus $16.86 billion expected, driven by strength in equities and fixed income trading. Shares rose 4.65% in premarket trading to $935.50.

JPMorgan: First Revenue Miss in Eight Quarters

JPMorgan's October 14 results told a different story. EPS of $5.75 missed the $5.93 estimate, and revenue of $50.17 billion fell short of the $51.23 billion consensus — its first revenue miss in eight consecutive quarters. Shares barely moved, gaining just 0.18% premarket.

Bank of America: Dragged by a $1.2 Billion Regulatory Fine

Bank of America missed on both lines. EPS came in at $0.91 versus $1.10 expected (or $1.08 excluding a $1.2 billion regulatory fine); revenue was $30 billion against a $30.6 billion estimate. Shares fell more than 3% premarket.

Other Banks: Citi Beat, Wells Mixed, Morgan Stanley and BlackRock Strong

Citigroup posted EPS of $2.85 versus $2.65 expected and beat on revenue at $23.85 billion. Wells Fargo beat on EPS ($1.87 vs. $1.84) but missed on revenue ($21.87 billion vs. $22.31 billion), with shares off 1.39%. Morgan Stanley reported trading revenue of $7.81 billion against a $7.31 billion estimate, with net income of $4.97 billion. BlackRock beat with EPS of $15.93 versus $14.15 expected and revenue up 19% to $7.75 billion; shares gained 4% premarket.

UnitedHealth: Beat and Guidance Raise

UnitedHealth reported on October 13: EPS of $4.69 beat the $4.14 estimate. The company raised its full-year 2026 guidance to $20.50+ per share, up from the prior range of $19.50–$20.00 — a constructive signal for managed care.

TSMC: Sixth Straight Record Quarter, Stock Fell Anyway

Taiwan Semiconductor (TSMC) reported on October 15: revenue of $46.72 billion beat the $45.41 billion estimate, EPS of $4.60 beat $4.42, and profit surged 68.7% year-over-year — its sixth consecutive record quarter. Q4 guidance of $52.3–$54.3 billion was above consensus. CEO C.C. Wei said demand is "extremely robust" with no signs of slowdown, and that AI demand growth "probably will be higher" than mid-to-high-50s percent CAGR. Despite all of that, shares fell 3.4% — investors focused on gross margin dilution concerns as TSMC scales new fabs.

Domino's: Comps Disappointed

Domino's beat on EPS ($4.60 vs. $4.36) and revenue ($1.19 billion vs. $1.17 billion), but US same-store sales growth of +0.3% missed the +0.7% estimate, raising concerns about consumer spending on discretionary items. Shares fell 3.5% at the open.

Netflix reports October 20 — results not yet available at time of writing.

What this means: The bank earnings split neatly: trading-heavy firms (Goldman, Morgan Stanley, BlackRock) delivered; consumer-exposed or fee-driven franchises (JPMorgan revenue, BofA) disappointed. TSMC's results confirm that AI semiconductor demand is accelerating — but markets are already pricing in the upside and are now focused on margin pressure from expansion costs. Domino's comp miss is a small but real signal that the US consumer is pulling back on spending at the margin.

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