Overview
- Q2 fiscal 2026 adjusted EPS was $1.10 versus the $1.02 consensus, with revenue of $4.86 billion topping the $4.78 billion estimate.
- Management raised full‑year fiscal 2026 earnings guidance following the stronger‑than‑expected quarter.
- Shares moved higher after the results as investors reacted to the beat and the outlook increase.
- Net income for the quarter was $413 million, according to the reported figures.
- Before the release, TD Cowen’s Robert Moskow kept a Hold rating and cut his price target to $45 after the stock closed at $47.06 in the prior session.