This Week's Confirmed Earnings

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The Earnings Whisper® Number

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The market's true earnings expectation — and why beating the consensus estimate isn't enough.

Meme: the market reacts to the whisper number, not the published estimate.

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 143,000 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.

Beat the Whisper and the estimate +1.9% Beat the Estimate but missed the Whisper −0.7%
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 54.9% of the time. There is no statistical benefit to beating the consensus estimate — only the Whisper.

The Whisper Report®

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Not Greenspan Yet

Monday, July 20, 2026
Despite the hawkish tone, new Fed Chairman Warsh is doing the opposite of what Greenspan did in his first couple of months.
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Top Earnings News

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The recent, most closely watched, earnings results.

Bank of Marin Bancorp Beat Consensus Estimates

Monday, July 27, 2026 at 8:30 AM
Bank of Marin Bancorp (BMRC) reported earnings of $0.58 per share on revenue of $45.51 million for the second quarter ended June 2026. The consensus earnings estimate was $0.52 per share on revenue of $34.05 million. The company beat consensus estimates by 11.54% while revenue grew 15.50% on a year-over-year basis.

Bank of Marin Bancorp is a bank holding company for Bank of Marin which offers commercial and retail deposit and lending programs, personal and business checking and savings accounts and wealth management and trust services.

Hope Bancorp Beat Consensus Estimates

Monday, July 27, 2026 at 8:00 AM
Hope Bancorp (HOPE) reported earnings of $0.27 per share on revenue of $255.03 million for the second quarter ended June 2026. The consensus earnings estimate was $0.26 per share on revenue of $146.80 million. The company beat consensus estimates by 3.85% while revenue fell 0.02% compared to the same quarter a year ago.

Hope Bancorp, Inc. is the holding company of Bank of Hope, the first and only super regional Korean-American bank in the United States. Headquartered in Los Angeles and serving a multi-ethnic population of customers across the nation, Bank of Hope operates 53 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia and Alabama.

Southern Calif Bancorp Beat Consensus Estimates

Monday, July 27, 2026 at 8:00 AM
Southern Calif Bancorp (BCAL) reported earnings of $0.44 per share on revenue of $56.48 million for the second quarter ended June 2026. The consensus earnings estimate was $0.41 per share. The company beat consensus estimates by 7.32% while revenue fell 3.68% compared to the same quarter a year ago.

The Drift

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Upcoming Earnings

The Most Anticipated Earnings Releases for the Week of July 27, 2026

July 25, 2026
MSFT AAPL AMZN META SOFI BE
Buckle up, because this week hands investors a firehose of results, and the biggest names in tech are front and center. Microsoft, Apple, Amazon, and Meta all step into the spotlight, and they are the stocks traders can least afford to ignore. Yet the mood heading in is surprisingly cautious for some of these giants. Microsoft and Amazon in particular are drawing a wary eye, with expectations running hot and little room left for anything short of a knockout. Apple looks steadier, riding a bit more goodwill into its report, while Meta carries a touch of optimism but has a history of swinging hard in either direction once the numbers hit.
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Recent Positive Earnings

XMTR 13.6% since the report 9.9% above its post-earnings high