Published: Wednesday, January 28, 2026 · 2:14 PM | Updated: Wednesday, January 28, 2026 · 2:14 PM
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We’re busy working away on the four earnings reports from portfolio companies Wednesday morning. Here’s a quick earnings flash on all four, starting with GE Vernova . GE Vernova reported a strong fourth quarter , with revenue of $10.95 billion, beating the consensus estimate of $10.2 billion. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) missed the Street consensus estimate by $135 million. But this was entirely driven by weakness in the troubled Wind segment, which frankly is an afterthought to our bullish thesis. More importantly, the Power and Wind segments were better than expected. GEV 1Y mountain GE Vernova 1 year Our biggest takeaway from the quarter is that GE Vernova’s quarter and outlook are even better than what the company offered last month at its Investor Day. It’s Gas Power equipment backlog and slot reservation agreements increased to 83 gigwatts (GW) from the 80 GW they anticipated at the Investor Day. Even more impressive was that management raised both its 2026 and 2028 outlooks from the guidance they gave just six weeks ago at Investor Day. The stock was up about $40 at one point in pre-market trading, but then were settling lower. Due to the improved multiyear outlook, we think this weakness is a buying opportunity, and we are upgrading the stock back to our buy-equivalent 1 rating . SBUX 1Y mountain Starbucks 1 year We thought there was a high bar coming into Starbucks quarterly earnings report, and the company blew past it. CEO Brian Niccol said the company’s “Back to Starbucks” strategy is ahead of schedule, and it’s hard to argue with him when looking at the results. The Starbucks comeback in comparable sales growth was extraordinary. U.S. comps increased 4%, driven by a 3% rise in transactions, indicating a return of customers to stores. International and China comps beat the Street estimates, too. Starbucks adjusted earnings per share (EPS) was a small miss, and 2026 guidance was below the Street estimate at the consensus. But we’re willing to look past the margin pressure because CEO Brian Niccol has been focusing on improving the top line first. Margins will follow, and we expect to hear more about that at the company’s Investor Day tomorrow. GLW 1Y mountain Corning 1 year Corning reported a strong fourth quarter , but it’s going to be hard for the stock to live up to yesterday’s 15%-plus rally in reaction to an agreement worth up to $6 billion to supply Meta Platforms with optical fiber, cable, and connectivity solutions in support of the social media giant’s U.S. data center buildout. Core sales and adjusted EPS at Corning were both better than expected. Optical Communications revenue was a small miss, and we need to dig into that to find out if the miss was from legacy carrier networks or the AI hyperscale-driven enterprise networks. Guidance for the first quarter of 2026 was a little better than expected, with the company expecting revenue growth to accelerate to 15% year over year to $4.2 billion to $4.3 billion. Core EPS is expected to increase from 66 cents to 70 cents, above estimates of $0.67. Management also upgraded its Springboard strategic revenue-increasing plan. Again, the results here were great — but again, it’s hard for a stock to live up to Tuesday’s move. DHR 1Y mountain Danaher 1 year Finally, there is Danaher — the quarter was a beat across the board. Management said at the JPMorgan Healthcare Conference earlier this month it was going to be good, and the quarter was above that outlook. But Danaher stock won’t get any credit for the beat. Instead, the focus is on the company’s 2026 outlook. What we will try to figure out from the earnings call is if the company’s continued call for 3% to 6% organic sales growth this year is more likely to land at the high end of the range or the low end, although a slower start in the first quarter has the market assuming the low end is more likely the case. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
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