Earnings Surprises: Q2 2026
The season's beats and misses, frozen for the record
Updated August 30, 2026 · final
This is the closed book on the Q2 2026 reporting season — every S&P 500 earnings report filed between April 1, 2026 and June 30, 2026 (for most companies, the prior fiscal quarter’s results). Of 496 reports, 433 beat the analyst consensus and 57 missed, putting the beat rate at 87% — 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 +3.0% a month later, while the median big miss managed −0.1% on the day — the post-earnings drift pattern in action.
Biggest beats
| # | Stock | EPS surprise | Day-1 move | 1-month drift |
|---|---|---|---|---|
| 1 | PNWPinnacle West CapitalMay 4 | +1000% | −1.7% | −4.6% |
| Utilities — beat estimates by +1000% on May 4; the stock moved −1.7% the first session and was −4.6% a month on. | ||||
| 2 | GEVGE VernovaApr 22 | +794% | +13.7% | +3.4% |
| Industrials — beat estimates by +794% on Apr 22; the stock moved +13.7% the first session and was +3.4% a month on. | ||||
| 3 | NKENike, Inc.Jun 30 | +555% | −1.0% | +4.2% |
| Consumer Discretionary — beat estimates by +555% on Jun 30; the stock moved −1.0% the first session and was +4.2% a month on. | ||||
| 4 | DOCHealthpeak PropertiesMay 5 | +431% | +1.4% | +17.1% |
| Real Estate — beat estimates by +431% on May 5; the stock moved +1.4% the first session and was +17.1% a month on. | ||||
| 5 | UDRUDR, Inc.Apr 29 | +377% | −0.1% | +4.6% |
| Real Estate — beat estimates by +377% on Apr 29; the stock moved −0.1% the first session and was +4.6% a month on. | ||||
| 6 | FITBFifth Third BancorpApr 17 | +245% | +1.7% | −4.4% |
| Financials — beat estimates by +245% on Apr 17; the stock moved +1.7% the first session and was −4.4% a month on. | ||||
| 7 | DDDuPontMay 5 | +238% | +8.4% | +5.6% |
| Materials — beat estimates by +238% on May 5; the stock moved +8.4% the first session and was +5.6% a month on. | ||||
| 8 | FFord Motor CompanyApr 29 | +230% | −1.3% | +34.3% |
| Consumer Discretionary — beat estimates by +230% on Apr 29; the stock moved −1.3% the first session and was +34.3% a month on. | ||||
| 9 | PSXPhillips 66Apr 29 | +190% | +5.1% | +7.0% |
| Energy — beat estimates by +190% on Apr 29; the stock moved +5.1% the first session and was +7.0% a month on. | ||||
| 10 | FRTFederal Realty Investment TrustMay 1 | +162% | +4.0% | +7.1% |
| Real Estate — beat estimates by +162% on May 1; the stock moved +4.0% the first session and was +7.1% a month on. | ||||
| 11 | ALBAlbemarle CorporationMay 6 | +148% | −1.1% | −15.0% |
| Materials — beat estimates by +148% on May 6; the stock moved −1.1% the first session and was −15.0% a month on. | ||||
| 12 | MPCMarathon PetroleumMay 5 | +123% | +3.2% | +5.8% |
| Energy — beat estimates by +123% on May 5; the stock moved +3.2% the first session and was +5.8% a month on. | ||||
| 13 | VSTVistra Corp.May 7 | +117% | −2.7% | −6.0% |
| Utilities — beat estimates by +117% on May 7; the stock moved −2.7% the first session and was −6.0% a month on. | ||||
| 14 | BGBunge GlobalApr 29 | +107% | −0.0% | −2.1% |
| Consumer Staples — beat estimates by +107% on Apr 29; the stock moved −0.0% the first session and was −2.1% a month on. | ||||
| 15 | GOOGLAlphabet Inc. (Class A)Apr 29 | +94% | +0.0% | +11.5% |
| Communication Services — beat estimates by +94% on Apr 29; the stock moved +0.0% the first session and was +11.5% a month on. | ||||
Biggest misses
| # | Stock | EPS surprise | Day-1 move | 1-month drift |
|---|---|---|---|---|
| 1 | WBDWarner Bros. DiscoveryMay 6 | −975% | −0.1% | −0.8% |
| Communication Services — missed estimates by −975% on May 6; the stock moved −0.1% the first session and was −0.8% a month on. | ||||
| 2 | LYVLive Nation EntertainmentMay 5 | −427% | −0.2% | +4.2% |
| Communication Services — missed estimates by −427% on May 5; the stock moved −0.2% the first session and was +4.2% a month on. | ||||
| 3 | COINCoinbaseMay 7 | −167% | −2.5% | −23.0% |
| Financials — missed estimates by −167% on May 7; the stock moved −2.5% the first session and was −23.0% a month on. | ||||
| 4 | MOSMosaic Company (The)May 11 | −80% | −1.8% | −4.1% |
| Materials — missed estimates by −80% on May 11; the stock moved −1.8% the first session and was −4.1% a month on. | ||||
| 5 | EAElectronic ArtsMay 5 | −37% | −0.1% | +0.4% |
| Communication Services — missed estimates by −37% on May 5; the stock moved −0.1% the first session and was +0.4% a month on. | ||||
| 6 | BLDRBuilders FirstSourceApr 30 | −31% | −5.1% | −8.5% |
| Industrials — missed estimates by −31% on Apr 30; the stock moved −5.1% the first session and was −8.5% a month on. | ||||
| 7 | CRHCRH plcApr 30 | −23% | +4.4% | −4.1% |
| Materials — missed estimates by −23% on Apr 30; the stock moved +4.4% the first session and was −4.1% a month on. | ||||
| 8 | NRGNRG EnergyMay 6 | −16% | −4.3% | −15.3% |
| Utilities — missed estimates by −16% on May 6; the stock moved −4.3% the first session and was −15.3% a month on. | ||||
| 9 | SWSmurfit WestrockApr 30 | −16% | −3.3% | +3.7% |
| Materials — missed estimates by −16% on Apr 30; the stock moved −3.3% the first session and was +3.7% a month on. | ||||
| 10 | EQREquity ResidentialApr 28 | −15% | +4.5% | +6.9% |
| Real Estate — missed estimates by −15% on Apr 28; the stock moved +4.5% the first session and was +6.9% a month on. | ||||
| 11 | ABNBAirbnbMay 7 | −15% | +0.4% | −4.5% |
| Consumer Discretionary — missed estimates by −15% on May 7; the stock moved +0.4% the first session and was −4.5% a month on. | ||||
| 12 | SYKStryker CorporationApr 30 | −13% | +0.0% | −3.2% |
| Health Care — missed estimates by −13% on Apr 30; the stock moved +0.0% the first session and was −3.2% a month on. | ||||
| 13 | NVRNVR, Inc.Apr 22 | −12% | −4.7% | −13.6% |
| Consumer Discretionary — missed estimates by −12% on Apr 22; the stock moved −4.7% the first session and was −13.6% a month on. | ||||
| 14 | TRGPTarga ResourcesMay 7 | −11% | +1.2% | +5.8% |
| Energy — missed estimates by −11% on May 7; the stock moved +1.2% the first session and was +5.8% a month on. | ||||
| 15 | VTRVentasApr 27 | −10% | +1.3% | +5.7% |
| Real Estate — missed estimates by −10% on Apr 27; the stock moved +1.3% the first session and was +5.7% a month on. | ||||