Go beyond the consensus and become a better stock picker with Earnings Whisper numbers, investor sentiment, and proprietary research and tools to help you capture the Post-Earnings Announcement Drift (PEAD) and outperform the overall stock market. Plus, get the most accurate earnings dates, earnings news, and insights into how stocks react before
and after earnings.
The most anticipated earnings releases for the week beginning October 19, 2026 are
NFLXNetflixTSLATeslaSPCXSpace Exploration TechnologiesCLFCleveland-CliffsBEBloom Energy
The market's true earnings expectation — and why beating the consensus estimate isn't enough.
Analysts update their models constantly, but they rarely publish every revision.
The Earnings Whisper® number captures what they actually expect — and
across two decades and more than 144,000 published numbers,
it has landed closer to actual reported earnings than the published consensus
69.7% of the time. Consequently, there is
no statistical benefit to beating the consensus estimate.
Average day-of move, since February 1999.
Companies that beat the Whisper closed higher by an average of 1.9%.
Those that cleared the published estimate but fell short of the Whisper closed
lower 55.0% of the time. There is no
statistical benefit to beating the consensus estimate — only the Whisper.
Macro data is positive, guidance and estimates are rising, early earnings results have been strong, and the yield curve is holding steady. The question is whether the banks confirm that borrowers are still healthy.
NFLXNetflixis confirmed to report Tuesday, October 20, after the close.
Netflix Must Prove Its Third-Quarter Slowdown Is a Calendar Quirk, Not a Trend
Netflix heads into its third-quarter report with a slower growth guide and a short list of things to prove. Last quarter, management told investors that FX-neutral revenue growth would ease from 12% to about 11%. It blamed the dip on last year's back-half-weighted comparisons, not on weaker demand. The October 20 release, due after the close, is the first real test of that explanation. Nudging the full-year outlook higher only works if the quarter that carries much of that weight delivers.
The Street has largely accepted management's script. Consensus calls for earnings of $0.82 per share on revenue of $12.87 billion, essentially matching the company's guidance of roughly $0.82 and $12.86 billion. That convergence is telling. Before the guide, analysts were modeling $13.02 billion in sales and $0.83 in EPS, so estimates were pulled down to meet the company rather than the other way around. Revenue growth of about 11.8% would be solid, if unspectacular, for a business this size. The headline forecast of an 86% drop in EPS against the year-ago $5.87 should not alarm anyone. With revenue still climbing by double digits and last quarter's EPS at $0.80, that comparison looks like a mismatch in per-share basis rather than an earnings collapse. The Earnings Whisper of $0.84 sits only modestly above consensus. That signals a slight expectation of upside, not a demand for a blowout.
Ladder Capital (LADR) reported earnings of $0.35 per share on revenue of $104.89 million for the third quarter ended September 2026. The consensus earnings estimate was $0.21 per share on revenue of $59.50 million. The company beat consensus estimates by 66.67% while revenue grew 3.42% on a year-over-year basis.
Ladder Capital Corp is an internally-managed real estate investment trust. The Company invests in loans,
securities and other interests in U.S. commercial real estate, with a focus on
senior secured assets.
The Travelers Companies (TRV) reported earnings of $9.18 per share on revenue of $12.41 billion for the third quarter ended September 2026. The consensus earnings estimate was $7.07 per share on revenue of $12.40 billion. The company beat consensus estimates by 29.84% while revenue fell 0.47% compared to the same quarter a year ago.
“We are pleased to report excellent third quarter results,” said Alan Schnitzer, Chairman and Chief Executive Officer. “It was another in a run of successful quarters, with very strong underwriting performance across all three segments and a record result from our investment portfolio. Core income for the quarter was $1.9 billion, or $9.18 per diluted share. Core return on equity for the quarter was 22.1%, bringing core return on equity over the last four quarters to 24.1%. Third quarter underwriting income of $1.4 billion pre-tax benefited from continued strong levels of underlying underwriting income and net favorable prior year development. Profitability was excellent on both a reported and underlying basis. The combined ratio improved to 86.8%, and the underlying combined ratio remained very strong at 84.1%.
Travelers Companies Inc through its subsidiaries provides commercial & personal property and casualty insurance products and
services to businesses, government units, associations and individuals.
Truist Financial (TFC) reported earnings of $1.16 per share on revenue of $6.11 billion for the third quarter ended September 2026. The consensus earnings estimate was $1.17 per share on revenue of $5.31 billion. The Earnings Whisper number was $1.16 per share. The company reported in-line with expectations while revenue fell 22.06% compared to the same quarter a year ago.
The company said in its earnings presentation it expects fourth quarter revenue of approximately $5.35 billion. The current consensus revenue estimate is $5.29 billion for the quarter ending December 31, 2026.
Truist Financial Corporation (NYSE: TFC) is a purpose-driven financial services company committed to inspire and build better lives and communities. Formed by the historic merger of equals of BB&T and SunTrust, Truist has leading market share in many high-growth markets in the country.
For more than 25 years, investors and financial professionals have used
Earnings Whispers to look beyond consensus estimates and better understand
the expectations driving stock prices around earnings.
