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Earnings Signals You Might’ve Missed 📈📉

June 1, 2025

We covered a lot of ground last week.

From some of the world's most important companies to small-cap Aerospace & Defense names, earnings season continues to give us plenty to chew on. 

Some stocks are following through to the upside after strong earnings reactions, while others are struggling with overhead supply.

In this week’s recap, we'll highlight the most important moves and where the next opportunities may be.

What stood out to us last week 👇

  • Monday:
    • Intuit $INTU reported a double beat and closed at a fresh all-time high. The stock resolved a massive basing pattern, entering a brand-new primary uptrend.
    • Deckers Outdoor $DECK reported a double beat and was crushed for it. The stock resolved a textbook distribution pattern, entering a brand-new primary downtrend.
  • Tuesday:
    • No S&P 500 earnings reactions, but we broke down the bullish continuation pattern in Construction Partners $ROAD after its 5th consecutive positive earnings reaction.
    • The stock is consolidating at its all-time high from late last year. We think a fresh leg higher is on deck.
  • Wednesday:
    • Autozone $AZO reported mixed results and got punished for it.
    • The stock has been punished for 4 of its last 5 reports, as the company has recently been going through growing pains.
  • Thursday:
    • No S&P 500 earnings reactions, but we broke down the Heico $HEI, where the stock made a gap-n-go to new all-time highs in reaction to its latest earnings report.
    • It's one of the best technical and fundamental stocks in Aerospace & Defense $ITA, which has soared 37% since bottoming on April 7, 2025.
  • Friday:
    • Nvidia $NVDA reported a double beat and rallied. The stock closed May three dollars below its highest monthly close ever.
    • Salesforce $CRM reported a double beat and traded lower in reaction. The stock is stuck in a massive range as the market has consistently punished it for reporting earnings.

What we're looking forward to next week 👇

After Tuesday's closing bell, we'll hear from the Cybersecurity powerhouse CrowdStrike $CRWD. The stock has been punished for its last 2 earnings reports, but the new all-time highs in price suggest the market's anticipating better results this quarter.

The up-and-coming Cybersecurity company Rubrik $RBRK, is expected to report earnings Thursday after the closing bell. The stock rallied 27.79% and 20.44% after its last 2 earnings reports. We're expecting fireworks again.

We'll also hear from Guidewire $GWRE, Dollar Tree $DLTR, Docusign $DOCU, and many more.

There will be a lot to unpack here at The Beat Report.

We're most looking forward to the Broadcom $AVGO earnings report after Thursday's closing bell, and here's why:

Broadcom is one of the world's most important semiconductor and infrastructure software companies.

It’s riding the backbone of multiple secular trends.

This $1.14T giant designs and develops everything from networking chips and broadband solutions to enterprise software that powers the cloud, telecom, and AI industries. 

The company’s recent results have shown solid growth in key areas like networking and custom silicon, which are the foundational building blocks of the AI data center revolution. 

Meanwhile, its software segment (bolstered by acquisitions like VMware) continues to deliver high-margin recurring revenue.

They had their best earnings reaction ever in December after posting a blockbuster earnings report.

But there hasn't been upside follow-through...

The stock has been stuck in a range for months despite its fundamental strength.

That’s why Thursday’s earnings report is so important.

If AVGO can deliver another market beat and rally, then we think the stock will close next week at a fresh all-time high.

Thank you for reading.

- The Beat Report Team 


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