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The most anticipated earnings releases for the week beginning September 2, 2026 are
AVGOBroadcomSNOWSnowflakeCIENCienaHPEHewlett Packard EnterprisePATHUiPath
Friday's jobs report tests a market that's fundamentally supported but technically fragile. Beneath that, last week's earnings calls showed the AI buildout is still supply-constrained even as spending finally starts climbing into software.
CIENCienais confirmed to report Thursday, September 3, before the open.
Ciena's AI Backlog Faces a Reality Check as Stock Lags Despite Raised Guidance
Ciena heads into its fiscal third-quarter report carrying one of the more unusual setups in tech right now: a business that has strung together three consecutive guidance raises, yet a stock that has been cut by nearly 30% since its last earnings release even as the S&P 500 climbed almost 2%. That divergence is the central tension investors need to resolve. Either the market is bracing for a stumble that hasn't shown up in the numbers yet, or expectations have simply run ahead of what even a rapidly improving optical-networking supplier can deliver.
Wall Street is looking for non-GAAP earnings of $1.73 per share on revenue of roughly $1.64 billion, which sits comfortably within, and near the upper half of, management's own guided range of $1.575 billion to $1.675 billion for the quarter. The earnings whisper of $1.85 sits meaningfully above consensus, suggesting some traders think Ciena can clear the bar with room to spare, much as it has done for several quarters running. On a year-over-year basis, revenue growth of roughly 34.5% would mark another step up from the acceleration path management has described since last fall, when growth started in the high teens and has since climbed toward the 30% range.
Dell Technologies (DELL) reported earnings of $7.04 per share on revenue of $46.97 billion for the fiscal second quarter ended July 2026. The consensus earnings estimate was $4.98 per share on revenue of $45.34 billion. The Earnings Whisper number was $5.05 per share. The company beat expectations by 39.41% while revenue grew 57.75% on a year-over-year basis.
The company said it expects third quarter non-GAAP earnings of approximately $6.50 per share on revenue of approximately $49.0 billion. The current consensus earnings estimate is $4.57 per share on revenue of $44.21 billion for the quarter ending October 31, 2026. The company said it expects fiscal 2027 non-GAAP earnings of approximately $25.50 per share on revenue of approximately $192.0 billion. The company's previous guidance was earnings of approximately $17.90 per share on revenue of $165.0 billion to $169.0 billion, and the current consensus earnings estimate is $19.29 per share on revenue of $176.21 billion for the year ending January 31, 2027.
“IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly – creating opportunity across our portfolio,” said Jeff Clarke, vice chairman and chief operating officer, Dell Technologies. “That’s clearest in our AI server business where we booked a record $60.9 billion in orders, recognized a record $16.4 billion in revenue and exited the quarter with a record $95 billion backlog. We’re seeing broader revenue growth as well, with traditional servers and networking up 122%, storage up 26% and our client solutions up 20% year over year. Our second quarter results underscore the compounding benefits of our competitive advantages, the breadth of our portfolio and the strength of our operating model.”
Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play.
Credo Technology Group Holding (CRDO) reported earnings of $1.20 per share on revenue of $479.00 million for the fiscal first quarter ended July 2026. The consensus earnings estimate was $1.09 per share on revenue of $470.73 million. The Earnings Whisper number was $1.20 per share. The company reported in-line with expectations while revenue grew 114.73% on a year-over-year basis.
The company said it expects second quarter revenue of $525.0 million to $535.0 million. The current consensus revenue estimate is $502.69 million for the quarter ending October 31, 2026.
Bill Brennan, Credo’s President and Chief Executive Officer, stated, “During the first quarter of fiscal 2027, Credo delivered revenue of $479.0 million and non-GAAP net income of $236.3 million, representing 115% and 140% year-over-year growth respectively. Our portfolio now spans connectivity from millimeters to kilometers, with solutions across optics and copper. As AI infrastructure scales, we will continue to provide an innovative suite of reliable and energy-efficient connectivity solutions for the data center.”
Credo is a leading provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence, and high-performance computing markets.
Palo Alto Networks (PANW) reported earnings of $1.02 per share on revenue of $3.41 billion for the fiscal fourth quarter ended July 2026. The consensus earnings estimate was $0.98 per share on revenue of $3.35 billion. The Earnings Whisper number was $1.02 per share. The company reported in-line with expectations while revenue grew 34.45% on a year-over-year basis.
The company said it expects first-quarter non-GAAP earnings of $0.96 to $0.98 per share on revenue of $3.30 billion to $3.31 billion. The current consensus earnings estimate is $0.93 per share on revenue of $3.19 billion for the quarter ending October 31, 2026. The company also said it expects fiscal 2027 non-GAAP earnings of $4.16 to $4.19 per share on revenue of $14.10 billion to $14.20 billion. The current consensus earnings estimate is $4.11 per share on revenue of $13.76 billion for the year ending July 31, 2027.
"We delivered a strong Q4 to close out the year, adding nearly $1 billion of Net New NGS ARR in a single quarter," said Nikesh Arora, chairman and chief executive officer of Palo Alto Networks. "The latest advancements in AI are elevating cybersecurity to the top of the CIO priority list, and will serve as durable tailwinds as we progress towards our $20 billion FY30 NGS ARR target."
Palo Alto Networks is the global cybersecurity leader, committed to making each day safer than the one before with industry-leading, AI-powered solutions in network security, cloud security and security operations.
HIPO
3.8% since the report
4.2% above its post-earnings high
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