Newsquawk Daily US Earnings Estimates - 11th August: LITE, SMCI, CRWV

Cardinal Health Inc. (CAH) EPS (exp. 2.42), Revenue (exp. 65.15bln), Next Qtr. EPS (exp. 2.88), Next Qtr. Rev. (exp. 68.59bln), Current FY EPS (exp. 10.78), Current FY Rev. (exp. 255.87bln), Next FY EPS (exp. 12.08), Next FY Rev. (exp. 275.63bln) 11:45BST/06:45EDT

Lumentum Holdings Inc. (LITE) EPS (exp. 2.97), Revenue (exp. 988mln), Next Qtr. EPS (exp. 3.61), Next Qtr. Rev. (exp. 1.16bln), Current FY EPS (exp. 8.23), Current FY Rev. (exp. 3.00bln), Next FY EPS (exp. 18.58), Next FY Rev. (exp. 5.67bln) 21:00BST/16:00EDT

Super Micro Computer Inc. (SMCI) EPS (exp. 0.92), Revenue (exp. 11.60bln), Next Qtr. EPS (exp. 0.72), Next Qtr. Rev. (exp. 11.82bln), Current FY EPS (exp. 2.80), Current FY Rev. (exp. 39.54bln), Next FY EPS (exp. 3.24), Next FY Rev. (exp. 52.99bln) 21:05BST/16:05EDT

Lumentum Holdings Inc. (LITE) EPS (exp. 2.97), Revenue (exp. 988mln), Next Qtr. EPS (exp. 3.61), Next Qtr. Rev. (exp. 1.16bln), Current FY EPS (exp. 8.23), Current FY Rev. (exp. 3.00bln), Next FY EPS (exp. 18.58), Next FY Rev. (exp. 5.67bln) 21:00BST/16:00EDT

CoreWeave Inc. (CRWV) EPS (exp. -1.21), Revenue (exp. 2.55bln), Next Qtr. EPS (exp. -1.07), Next Qtr. Rev. (exp. 3.42bln), Current FY EPS (exp. -3.96), Current FY Rev. (exp. 12.63bln), Next FY EPS (exp. -1.35), Next FY Rev. (exp. 25.02bln) 21:05BST/16:05EDT

On Holding AG (ONON) EPS (exp. 0.42), Revenue (exp. 1.09bln), Next Qtr. EPS (exp. 0.49), Next Qtr. Rev. (exp. 1.17bln), Current FY EPS (exp. 1.74), Current FY Rev. (exp. 4.40bln), Next FY EPS (exp. 2.14), Next FY Rev. (exp. 5.29bln) 10:00BST/05:00EDT

This is the daily estimates calendar rather than a print, so its function is positioning, not reaction. The session splits into cases that have historically traded differently. The AI infrastructure cohort, Lumentum, Super Micro and CoreWeave, has in recent reporting seasons been the highest-beta cluster: optical and networking names have tended to be read through the lens of hyperscaler capex, server makers through margins and order visibility, and neocloud operators through the pace of revenue conversion against heavy depreciation and financing costs, which is why a loss-making consensus at CoreWeave alongside rapid revenue growth is the standard profile for that model. For names like these, guidance and backlog commentary have mattered more than the quarter itself, with the next-year estimates embedded in this calendar the real reference point. Cardinal Health sits in the opposite bucket: drug distributors have typically been low-drama compounders where generic pricing, GLP-1 distribution volumes and segment mix drive the print. On Holding pre-market falls into the consumer discretionary pattern where wholesale versus direct mix and brand momentum set the tone. The usual sequence is watch the calls, not the headlines, and note whether the AI complex moves in sympathy or starts to differentiate.