The Market's True Earnings Expectations

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.



Most Anticipated Earnings Releases TM

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The most anticipated earnings releases for the week beginning September 8, 2026 are ORCL Oracle ADBE Adobe CASY Casey's General Stores CHWY Chewy AVAV AeroVironment

Earnings Whisper Grade

The Drift Didn’t Die. The Yardstick Did.

Every earnings report gets a grade, A+ to F, scoring the results against the market’s true expectations — not the consensus estimate. Across 121,745 reports from Dec 2002 – Jun 2026, the grades have kept their order: failing grades trail, C grades track the market, and A+ stocks averaged 37.6% annualized — more than 3 times the S&P 500.

37.6% A+ stocks 4,848 reports
11.3% S&P 500 same holding windows
+232.4% A+ over the market annualized
December 17, 2002 – June 26, 2026 Quarterly Returns by Earnings Whisper Grade 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% F: −0.4% average over 5,967 reports (47% finished higher) F D-: +0.9% average over 6,848 reports (50% finished higher) D- D: +1.5% average over 8,631 reports (52% finished higher) D D+: +1.6% average over 13,026 reports (54% finished higher) D+ C-: +2.2% average over 15,585 reports (56% finished higher) C- C: +2.2% average over 14,732 reports (56% finished higher) C C+: +2.8% average over 14,608 reports (57% finished higher) C+ B-: +3.2% average over 12,910 reports (57% finished higher) B- B: +4.1% average over 9,021 reports (59% finished higher) B B+: +4.7% average over 8,612 reports (59% finished higher) B+ A-: +5.5% average over 4,666 reports (59% finished higher) A- A: +7.5% average over 2,291 reports (59% finished higher) A A+: +8.3% average over 4,848 reports (62% finished higher) A+ The S&P 500 has averaged 2.7% per quarter A+ Earnings 37.6% Average Annualized Return 232.4% over the S&P 500 Buying at the open following an earnings release and holding until after its next earnings release.
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The Whisper Report®

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The Monetization Handoff

Monday, August 31, 2026
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.
SNOW PANW PATH GIII NVDA CRWD
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Earnings Preview

ORCL Oracle is confirmed to report Thursday, September 10, after the close.

Oracle's Stock Has Cratered Despite Booming Backlog. Which Story Wins Now?

Few large-cap names present as jarring a disconnect right now as Oracle. The company's last conference call described an AI-infrastructure business firing on every cylinder, yet the stock has fallen more than 21 percent since that report while the S&P 500 climbed nearly 5 percent. That 26-point gap between operating narrative and market reaction is the central puzzle heading into this release, and it raises a pointed question. Has the market simply repriced the cost of Oracle's ambitions, or is it starting to doubt the growth story itself.

Consensus calls for $1.75 in non-GAAP earnings per share on $19.14 billion in revenue, which would represent a slight sequential dip in EPS from last quarter's $1.79 but a massive 28 percent year-over-year jump in revenue against the $14.93 billion posted a year ago. The whisper number sits marginally above consensus at $1.80, suggesting sell-side estimates may be a touch conservative rather than stretched. Management's own guidance called for $1.72 to $1.76 per share on $18.96 billion to $19.26 billion in revenue, so consensus sits comfortably within that range rather than testing either edge, a sign expectations are calibrated rather than complacent.

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The Drift

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Upcoming Earnings

Grocery Aisles and Cloud Servers: A Week Where the Everyday Economy Meets Big Tech

September 5, 2026
ORCL ADBE FLWS CASY CHWY M
This week's earnings calendar is a fascinating split screen. On one side you have the tech heavyweights, led by Oracle and Adobe, two names investors are watching like hawks. Oracle in particular walks in with a spring in its step, riding the wave of enthusiasm around cloud and artificial intelligence, and the mood around it is about as sunny as it gets. Adobe carries plenty of good vibes too, though it has a habit of swinging hard when the numbers land, so buckle up if you own it. Keep an eye on some of the smaller software names as well, because a few of them, like Navan and Braze, are quietly building momentum that suggests they could surprise to the upside. Not everyone in tech is on solid footing, though. Crypto-linked Canaan and a handful of micro-cap names look shaky heading in, a reminder that the tech story this week is far from one size fits all.
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Recent Positive Earnings

HIPO 5.8% since the report 6.2% above its post-earnings high




Trusted Earnings Research Since 1998

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.

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