Earnings to Watch: Week of February 16 to February 20, 2026
AI infrastructure, consumer resilience, and a metals reset collide in one pivotal reporting week
This is not a quiet earnings week. It is a cross-sector stress test.
We have global miners like BHP 0.00%↑ , RIO 0.00%↑ , AU 0.00%↑ , GFI 0.00%↑ , PAAS 0.00%↑ , and TECK 0.00%↑ reporting into a volatile commodity backdrop. We have AI infrastructure leaders like PANW 0.00%↑ , CDNS 0.00%↑ , and ADI 0.00%↑ testing enterprise spending durability. We have consumer bellwethers such as WMT 0.00%↑ , DE 0.00%↑ , BKNG 0.00%↑ , and DASH 0.00%↑ giving us a read on demand strength and pricing power.
Overlay that with energy names like OXY 0.00%↑ , EQT 0.00%↑ , TRGP 0.00%↑ , and CVE 0.00%↑ , plus utilities and regulated assets across the week, and what we get is something bigger than individual prints. We get a read on inflation sensitivity, capex discipline, margin durability, and global growth expectations.
This week matters because it ties together three macro narratives: AI investment, commodity cycles, and consumer stamina.
Here’s the full week’s schedule and how to think about each day:
Monday February 16
The week opens with metals. BHP 0.00%↑ sets the tone for global industrial demand, China exposure, and capex discipline in mining. Watch commentary on iron ore pricing, copper supply constraints, and cost inflation.
Capital allocation is key. Buybacks versus growth investment will signal confidence in the cycle. If guidance leans conservative, expect sympathy moves across RIO 0.00%↑ , TECK 0.00%↑ , and broader materials. If they sound constructive on China stabilization, metals could catch a bid early in the week.
BHP 0.00%↑ (BHP Group Limited)
Earnings release: Before earnings call
Earnings call: 4:00 PM ET
Tuesday February 17
This is a heavy infrastructure and enterprise day.
MDT 0.00%↑ gives a read on medical device procedure volumes and hospital spending trends. Stability here supports defensive growth.
PANW 0.00%↑ and CDNS 0.00%↑ are critical for AI and cybersecurity spending. Investors will focus on billings, backlog growth, and forward revenue guidance. The question is simple: is enterprise AI demand accelerating or normalizing?
RSG 0.00%↑ and ET 0.00%↑ add a cash flow angle. Waste services and midstream energy tend to be steady operators. Watch for margin commentary and distribution stability.
EQT 0.00%↑ , VMC 0.00%↑ , and DTE 0.00%↑ bring exposure to natural gas, construction materials, and regulated utilities. Together they offer a read on domestic industrial demand.
If AI names guide strongly and energy remains disciplined, Tuesday could set a constructive tone for cyclicals.
MDT 0.00%↑ (Medtronic plc)
Earnings release: 6:45 AM ET
Earnings call: 8:00 AM ET
PANW 0.00%↑ (Palo Alto Networks, Inc.)
Earnings release: After market close
Earnings call: 4:30 PM ET
CDNS 0.00%↑ (Cadence Design Systems, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM ET
RSG 0.00%↑ (Republic Services, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM ET
ET 0.00%↑ (Energy Transfer LP)
Earnings release: Before market open
Earnings call: 9:00 AM ET
CCEP 0.00%↑ (Coca-Cola Europacific Partners PLC)
Earnings release: Before earnings call
Earnings call: 2:00 AM ET
VMC 0.00%↑ (Vulcan Materials Company)
Earnings release: Before market open
Earnings call: 10:00 AM ET
EQT 0.00%↑ (EQT Corporation)
Earnings release: After market close
Earnings call: 10:00 AM ET on Wednesday Feb 18
KVUE 0.00%↑ (Kenvue Inc.)
Earnings release: After market close
Earnings call: No Earnings Call
AMRZ 0.00%↑ (Amrize AG)
Earnings release: After market close
Earnings call: 8:30 AM ET on Wednesday Feb 18
DTE 0.00%↑ (DTE Energy Company)
Earnings release: Before market open
Earnings call: 9:00 AM ET
Wednesday February 18
This is a broad macro pulse check.
$ADI is one of the most important semiconductor signals outside of hyperscalers. Inventory normalization versus demand reacceleration will drive the stock and influence the broader chip complex.
BKNG 0.00%↑ , DASH 0.00%↑ , and CVNA 0.00%↑ provide insight into consumer willingness to spend on travel, convenience, and big ticket purchases. Look at gross margins and forward booking trends.
OXY 0.00%↑ and KGC 0.00%↑ bring energy and gold exposure. OXY 0.00%↑ ’s production discipline and capital returns matter for oil equities. KGC 0.00%↑ , alongside PAAS 0.00%↑ later in the week, reflects how investors are positioning around safe haven flows.
Utilities like EIX 0.00%↑ and water exposure via AWK 0.00%↑ help frame rate sensitivity and defensive appetite.
Wednesday feels like the pivot day. If semis and consumer travel hold up, risk appetite strengthens.
ADI 0.00%↑ (Analog Devices, Inc.)
Earnings release: 7:00 AM ET
Earnings call: 10:00 AM ET
BKNG 0.00%↑ (Booking Holdings Inc.)
Earnings release: After market close
Earnings call: 4:30 PM ET
CRH 0.00%↑ (CRH plc)
Earnings release: After market close
Earnings call: 8:00 AM ET on Thursday Feb 19
MCO 0.00%↑ (Moody’s Corporation)
Earnings release: Before market open
Earnings call: 9:00 AM ET
CVNA 0.00%↑ (Carvana Co.)
Earnings release: After market close
Earnings call: 5:30 PM ET
DASH 0.00%↑ (DoorDash, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM ET
OXY 0.00%↑ (Occidental Petroleum Corporation)
Earnings release: After market close
Earnings call: 1:00 PM ET on Thursday Feb 19
KGC 0.00%↑ (Kinross Gold Corporation)
Earnings release: After market close
Earnings call: 8:00 AM ET on Thursday Feb 19
GRMN 0.00%↑ (Garmin Ltd.)
Earnings release: Before market open
Earnings call: 10:30 AM ET
EBAY 0.00%↑ (eBay Inc.)
Earnings release: After market close
Earnings call: 5:00 PM ET
NTR 0.00%↑ (Nutrien Ltd.)
Earnings release: After market close
Earnings call: 10:00 AM ET on Thursday Feb 19
TPL 0.00%↑ (Texas Pacific Land Corporation)
Earnings release: After market close
Earnings call: 10:30 AM ET on Thursday Feb 19
EIX 0.00%↑ (Edison International)
Earnings release: After market close
Earnings call: 4:30 PM ET
AWK 0.00%↑ (American Water Works Company, Inc.)
Earnings release: After market close
Earnings call: 9:00 AM ET on Thursday Feb 19
VRSK 0.00%↑ (Verisk Analytics, Inc.)
Earnings release: Before earnings call
Earnings call: 8:30 AM ET
TS 0.00%↑ (Tenaris S.A.)
Earnings release: After market close
Earnings call: 7:30 AM ET on Thursday Feb 19
PAAS 0.00%↑ (Pan American Silver Corp.)
Earnings release: After market close
Earnings call: 11:00 AM ET on Thursday Feb 19
Thursday February 19
This is arguably the most consequential day.
WMT 0.00%↑ is the consumer temperature gauge. Traffic, mix shift toward private label, and guidance revisions will shape sentiment around inflation and purchasing power.
DE 0.00%↑ offers a window into agricultural and construction demand. Watch equipment orders and global farm income commentary.
Metals and miners continue with RIO 0.00%↑ , NEM 0.00%↑ , GFI 0.00%↑ , and TECK 0.00%↑. Gold miners will be sensitive to any shift in real rate expectations and cost discipline.
Energy names TRGP 0.00%↑ and CVE 0.00%↑ speak to pipeline volumes and upstream profitability. Meanwhile, LYV 0.00%↑ gives us discretionary entertainment demand.
The theme here is balance. If metals remain firm, consumer remains steady, and energy cash flows hold, the broader market narrative stays intact.
WMT 0.00%↑ (Walmart Inc.)
Earnings release: 7:00 AM ET
Earnings call: 8:00 AM ET
RIO 0.00%↑ (Rio Tinto Group)
Earnings release: 12:30 AM ET
Earnings call: 3:30 AM ET
DE 0.00%↑ (Deere & Company)
Earnings release: Before market open
Earnings call: 10:00 AM ET
NEM 0.00%↑ (Newmont Corporation)
Earnings release: After market close
Earnings call: 5:30 PM ET
SO 0.00%↑ (The Southern Company)
Earnings release: Before market open
Earnings call: 1:00 PM ET
PWR 0.00%↑ (Quanta Services, Inc.)
Earnings release: Before market open
Earnings call: 9:00 AM ET
GFI 0.00%↑ (Gold Fields Limited)
Earnings release: Before earnings call
Earnings call: 5:00 AM ET
TRGP 0.00%↑ (Targa Resources Corp.)
Earnings release: Before market open
Earnings call: 11:00 AM ET
FIX 0.00%↑ (Comfort Systems USA, Inc.)
Earnings release: After market close
Earnings call: 11:00 AM ET on Friday Feb 20
CVE 0.00%↑ (Cenovus Energy Inc.)
Earnings release: Before market open
Earnings call: 11:00 AM ET
ED 0.00%↑ (Consolidated Edison, Inc.)
Earnings release: After market close
Earnings call: TBD
LYV 0.00%↑ (Live Nation Entertainment, Inc.)
Earnings release: After market close
Earnings call: 5:00 PM ET
CPRT 0.00%↑ (Copart, Inc.)
Earnings release: 4:00 PM ET
Earnings call: 5:30 PM ET
EXR 0.00%↑ (Extra Space Storage Inc.)
Earnings release: After market close
Earnings call: 1:00 PM ET on Friday Feb 20
INSM 0.00%↑ (Insmed Incorporated)
Earnings release: Before earnings call
Earnings call: 8:00 AM ET
TECK 0.00%↑ (Teck Resources Limited)
Earnings release: Before market open
Earnings call: 11:00 AM ET
CNP 0.00%↑ (CenterPoint Energy, Inc.)
Earnings release: Before earnings call
Earnings call: 8:00 AM ET
FTI 0.00%↑ (TechnipFMC plc)
Earnings release: 6:45 AM ET
Earnings call: 8:30 AM ET
Friday February 20
Friday is metals heavy again.
AU 0.00%↑ , SBSW 0.00%↑ , and HBM 0.00%↑ continue the gold and base metals story. Watch all in sustaining costs, production guidance, and geopolitical exposure.
PPL 0.00%↑ and LAMR 0.00%↑ provide smaller but relevant reads on regulated income and advertising demand.
This day will likely confirm or challenge the tone set earlier in the week for the materials complex.
AU 0.00%↑ (AngloGold Ashanti plc)
Earnings release: Before earnings call
Earnings call: 5:00 AM ET
PPL 0.00%↑ (PPL Corporation)
Earnings release: Before market open
Earnings call: 11:00 AM ET
LAMR 0.00%↑ (Lamar Advertising Company)
Earnings release: Before market open
Earnings call: 9:00 AM ET
SBSW 0.00%↑ (Sibanye Stillwater Limited)
Earnings release: BMO
Earnings call: 4:00 AM ET
HBM 0.00%↑ (Hudbay Minerals Inc.)
Earnings release: BMO
Earnings call: 11:00 AM ET
This is a layered week.
AI infrastructure from PANW 0.00%↑ , CDNS 0.00%↑ , and ADI 0.00%↑ tests the durability of enterprise capex. Consumer leaders like WMT 0.00%↑ , BKNG 0.00%↑ and DE 0.00%↑ measure real economic resilience. Energy and utilities show cash flow stability in a higher rate world. And metals from BHP 0.00%↑ to TECK 0.00%↑ and AU 0.00%↑ tell us how investors are positioning around growth versus defensiveness.
If AI demand remains firm and miners guide constructively, cyclicals gain momentum. If consumer margins compress and commodity guidance softens, risk appetite cools.
By Friday, we should have clarity on whether markets want to lean into growth, hide in defensives, or rotate into hard assets.
This is not just earnings season. It is macro confirmation week.
This is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security.
All investments involve risk, including the potential loss of capital. Market conditions can change rapidly, and past performance does not guarantee future results.