Earnings Whispers: The Market's True Earnings Expectation

This Week's Confirmed Earnings

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The Earnings Whisper® Number

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 144,000 published numbers, it has landed closer to actual reported earnings than the published consensus 69.8% 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 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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Earnings vs Jobs

Monday, August 10, 2026

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Top Earnings News

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The recent, most closely watched, earnings results.

Flexible Solutions International Missed Consensus Estimates

Friday, August 14, 2026 at 5:00 PM

Flexible Solutions International (FSI) reported a loss of $0.15 per share on revenue of $7.61 million for the second quarter ended June 2026. The consensus earnings estimate was $0.01 per share on revenue of $11.72 million. The company missed consensus estimates by 1,600.00% while revenue fell 33.05% compared to the same quarter a year ago.

Flexible Solutions International Inc together with its subsidiaries develops, manufactures and markets specialty chemicals which slow the evaporation of water.

New Era Energy & Digital Missed Consensus Estimates

Friday, August 14, 2026 at 4:31 PM

New Era Energy & Digital (NUAI) reported a loss of $0.18 per share on revenue of $0.04 million for the second quarter ended June 2026. The consensus estimate was a loss of $0.09 per share on revenue of $0.25 million. The company missed consensus estimates by 100.00% while revenue fell 82.78% compared to the same quarter a year ago.

New Era Energy & Digital Inc. is a next-generation energy exploration and production platform principally in the Permian Basin. New Era Energy & Digital Inc., formerly known as New Era Helium Inc., is based in MIDLAND, Texas.

Bally's Missed Consensus Estimates

Friday, August 14, 2026 at 4:15 PM

Bally's (BALY) reported a loss of $2.41 per share on revenue of $792.23 million for the second quarter ended June 2026. The consensus estimate was a loss of $2.10 per share on revenue of $778.50 million. The company missed consensus estimates by 14.76% while revenue grew 20.49% on a year-over-year basis.

Bally's Corporation currently owns and manages 11 casinos across seven states, a horse racetrack and 13 authorized OTB licenses in Colorado. With more than 5,900 employees, the Company's operations include 13,260 slot machines, 459 game tables and 2,941 hotel rooms. Following the completion of pending acquisitions, which include Tropicana Evansville (Evansville, IN), Jumer's Casino & Hotel (Rock Island, IL), and MontBleu Resort Casino & Spa (Lake Tahoe, NV), as well as the construction of a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 15 casinos across 11 states.