Earnings Surprises: Q1 2026

The season's beats and misses, frozen for the record

Updated August 30, 2026 · final

This is the closed book on the Q1 2026 reporting season — every S&P 500 earnings report filed between January 1, 2026 and March 31, 2026 (for most companies, the prior fiscal quarter’s results). Of 500 reports, 373 beat the analyst consensus and 112 missed, putting the beat rate at 75% — the usual tell that estimates are managed down into the print.

Because this page is final, the price columns use fixed windows rather than a running “since report”: the day-1 move (what the market said first) and the 21-session drift (whether it kept saying it). This season, the median big beat (+10% or more) moved +1.1% on day one and sat +0.2% a month later, while the median big miss managed −1.2% on the day — the post-earnings drift pattern in action.

Biggest beats

#StockEPS surpriseDay-1 move1-month drift
1BABoeingJan 27+2362%−1.6%−7.3%
Industrials — beat estimates by +2362% on Jan 27; the stock moved −1.6% the first session and was −7.3% a month on.
2SPGSimon Property GroupFeb 2+392%−0.0%+5.6%
Real Estate — beat estimates by +392% on Feb 2; the stock moved −0.0% the first session and was +5.6% a month on.
3GEVGE VernovaJan 28+357%+2.7%+26.5%
Industrials — beat estimates by +357% on Jan 28; the stock moved +2.7% the first session and was +26.5% a month on.
4UDRUDR, Inc.Feb 9+325%+0.5%−2.1%
Real Estate — beat estimates by +325% on Feb 9; the stock moved +0.5% the first session and was −2.1% a month on.
5CPTCamden Property TrustFeb 5+322%−2.0%−2.0%
Real Estate — beat estimates by +322% on Feb 5; the stock moved −2.0% the first session and was −2.0% a month on.
6CVNACarvanaFeb 18+265%+3.0%−17.0%
Consumer Discretionary — beat estimates by +265% on Feb 18; the stock moved +3.0% the first session and was −17.0% a month on.
7BXPBXP, Inc.Jan 27+179%+0.7%−6.9%
Real Estate — beat estimates by +179% on Jan 27; the stock moved +0.7% the first session and was −6.9% a month on.
8PNWPinnacle West CapitalFeb 25+160%−0.3%−2.3%
Utilities — beat estimates by +160% on Feb 25; the stock moved −0.3% the first session and was −2.3% a month on.
9MGMMGM ResortsFeb 5+150%−1.8%−3.7%
Consumer Discretionary — beat estimates by +150% on Feb 5; the stock moved −1.8% the first session and was −3.7% a month on.
10FRTFederal Realty Investment TrustFeb 12+105%−2.1%−2.3%
Real Estate — beat estimates by +105% on Feb 12; the stock moved −2.1% the first session and was −2.3% a month on.
11PLDPrologisJan 21+102%+0.3%+6.3%
Real Estate — beat estimates by +102% on Jan 21; the stock moved +0.3% the first session and was +6.3% a month on.
12REGRegency CentersFeb 5+101%+1.7%+5.9%
Real Estate — beat estimates by +101% on Feb 5; the stock moved +1.7% the first session and was +5.9% a month on.
13OXYOccidental PetroleumFeb 18+88%+2.5%+27.1%
Energy — beat estimates by +88% on Feb 18; the stock moved +2.5% the first session and was +27.1% a month on.
14INTCIntelJan 22+84%+0.1%−18.7%
Information Technology — beat estimates by +84% on Jan 22; the stock moved +0.1% the first session and was −18.7% a month on.
15FOXAFox Corporation (Class A)Feb 4+74%−3.6%−16.5%
Communication Services — beat estimates by +74% on Feb 4; the stock moved −3.6% the first session and was −16.5% a month on.

Biggest misses

#StockEPS surpriseDay-1 move1-month drift
1AREAlexandria Real Estate EquitiesJan 26−2360%−4.2%−10.0%
Real Estate — missed estimates by −2360% on Jan 26; the stock moved −4.2% the first session and was −10.0% a month on.
2PSKYParamount Skydance CorporationFeb 25−500%−2.2%−11.2%
Communication Services — missed estimates by −500% on Feb 25; the stock moved −2.2% the first session and was −11.2% a month on.
3SATSEchoStarMar 2−356%+2.7%−2.9%
Communication Services — missed estimates by −356% on Mar 2; the stock moved +2.7% the first session and was −2.9% a month on.
4COINCoinbaseFeb 12−351%−7.9%+27.6%
Financials — missed estimates by −351% on Feb 12; the stock moved −7.9% the first session and was +27.6% a month on.
5LYBLyondellBasellJan 30−334%−1.9%+15.9%
Materials — missed estimates by −334% on Jan 30; the stock moved −1.9% the first session and was +15.9% a month on.
6WBDWarner Bros. DiscoveryFeb 26−210%−0.3%−6.3%
Communication Services — missed estimates by −210% on Feb 26; the stock moved −0.3% the first session and was −6.3% a month on.
7TKOTKO Group HoldingsFeb 25−134%−1.0%−7.4%
Communication Services — missed estimates by −134% on Feb 25; the stock moved −1.0% the first session and was −7.4% a month on.
8IPInternational PaperJan 29−129%−6.0%+5.0%
Materials — missed estimates by −129% on Jan 29; the stock moved −6.0% the first session and was +5.0% a month on.
9ERIEErie IndemnityFeb 23−121%−3.4%−9.9%
Financials — missed estimates by −121% on Feb 23; the stock moved −3.4% the first session and was −9.9% a month on.
10UBERUberFeb 4−82%−5.1%−3.2%
Industrials — missed estimates by −82% on Feb 4; the stock moved −5.1% the first session and was −3.2% a month on.
11VSTVistra Corp.Feb 26−76%+0.8%−13.2%
Utilities — missed estimates by −76% on Feb 26; the stock moved +0.8% the first session and was −13.2% a month on.
12WELLWelltowerFeb 10−76%+1.8%+4.1%
Real Estate — missed estimates by −76% on Feb 10; the stock moved +1.8% the first session and was +4.1% a month on.
13DOCHealthpeak PropertiesFeb 2−64%−1.9%+1.5%
Real Estate — missed estimates by −64% on Feb 2; the stock moved −1.9% the first session and was +1.5% a month on.
14MOSMosaic Company (The)Feb 24−54%−0.8%−12.3%
Materials — missed estimates by −54% on Feb 24; the stock moved −0.8% the first session and was −12.3% a month on.
15MAAMid-America Apartment CommunitiesFeb 4−48%+2.2%+1.7%
Real Estate — missed estimates by −48% on Feb 4; the stock moved +2.2% the first session and was +1.7% a month on.

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