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 November 9, 2026 are NU Nu NBIS Nebius RKLB Rocket Lab CRWV CoreWeave TTWO Take-Two Interactive Software

Earnings Whisper Grade

Find the Reports That Change Everything

Every earnings report gets a grade, A+ to F, scoring the results against the market’s true expectations — not the consensus estimate. Across 123,286 reports from Dec 2002 – Sep 2026, the grades have kept their order: failing grades trail, C grades track the market, and A+ stocks averaged 37.2% annualized — more than 3 times the S&P 500.

37.2% A+ stocks 4,929 reports
11.2% S&P 500 same holding windows
+232.2% A+ over the market annualized
December 17, 2002 – September 9, 2026 Quarterly Returns by Earnings Whisper Grade 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% F: −0.3% average over 5,950 reports (47% finished higher) F D-: +0.8% average over 6,827 reports (50% finished higher) D- D: +1.5% average over 8,659 reports (52% finished higher) D D+: +1.6% average over 13,025 reports (54% finished higher) D+ C-: +2.0% average over 15,682 reports (56% finished higher) C- C: +2.1% average over 14,923 reports (55% finished higher) C C+: +2.6% average over 14,881 reports (57% finished higher) C+ B-: +3.0% average over 13,148 reports (57% finished higher) B- B: +3.9% average over 9,295 reports (58% finished higher) B B+: +4.6% average over 8,826 reports (58% finished higher) B+ A-: +5.5% average over 4,787 reports (59% finished higher) A- A: +7.6% average over 2,354 reports (59% finished higher) A A+: +8.2% average over 4,929 reports (62% finished higher) A+ The S&P 500 has averaged 2.7% per quarter A+ Earnings 37.2% Average Annualized Return 232.2% 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 Rollover

Monday, November 2, 2026
Estimate revisions, company guidance, management confidence, and even employment remain positive, but are all rolling over.
AMD QCOM EMR CAH PBH WU
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Earnings Preview

NU Nu is confirmed to report Thursday, November 12, after the close.

Nu Holdings Faces a Profitability Test as Shares Slide Toward Their Post-Earnings Lows

Nu Holdings heads into its third-quarter report with a split that will be hard to ignore. Wall Street still expects one of the fastest growth rates in global banking, yet the stock has lost about a quarter of its value since the last report. Shareholders want to know whether that selloff reflects something visible in the numbers or simply a market that has stopped paying up for growth. The answer will come after the close on November 12.

The consensus calls for earnings of $0.22 a share on revenue of about $5.70 billion. That would mean revenue up roughly 37% from the $4.17 billion reported a year ago and earnings up about 29% from $0.17. By any standard, that is strong growth. The more telling comparison is sequential. Revenue is expected to rise only modestly from the prior quarter's $5.51 billion, and earnings are projected to be flat at $0.22. In other words, analysts expect the top line to keep compounding while profit per share stalls for a quarter. The whisper number of $0.24 sits a couple of cents above consensus. That suggests the more engaged part of the market thinks Nu can turn more of that revenue growth into profit than the published estimates assume.

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Top Earnings News

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The recent, most closely watched, earnings results.

Hawaiian Electric Industries Reported Earnings
Friday, November 6, 2026 at 4:05 PM
Hawaiian Electric Industries (HE) reported earnings of $0.13 per share on revenue of $1.01 billion for the third quarter ended September 2026. . Revenue grew 27.59% on a year-over-year basis.

Hawaiian Electric Industries Inc, through its subsidiaries is engaged in electric utility and banking businesses operating in the State of Hawaii.

Oklo Beat Expectations
Friday, November 6, 2026 at 7:30 AM
Oklo (OKLO) reported a loss of $0.28 per share on revenue of $1.86 million for the third quarter ended September 2026. The consensus estimate was a loss of $0.29 per share on revenue of $2.17 million. The Earnings Whisper number was a loss of $0.33 per share. The company beat expectations by 15.15%.

Oklo Inc. is developing fast fission power plants to provide clean, reliable, and affordable energy at scale.

TeraWulf Beat Expectations
Friday, November 6, 2026 at 7:00 AM
TeraWulf (WULF) reported a loss of $0.01 per share on revenue of $76.23 million for the third quarter ended September 2026. The consensus estimate was a loss of $0.14 per share on revenue of $70.43 million. The Earnings Whisper number was a loss of $0.17 per share. The company beat expectations by 94.12% while revenue grew 50.72% on a year-over-year basis.

TeraWulf owns and operates vertically integrated, environmentally clean Bitcoin mining facilities in the United States.

The Drift

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Upcoming Earnings

Big Tech and the Power Grid Steal the Spotlight as Earnings Season Heats Up

November 7, 2026
NU NBIS RKLB CRWV TTWO ASTS
This is one of those weeks where the market's biggest obsessions all step up to the microphone at once. The old guard of technology is leading the charge, and the mood here is cautiously upbeat. Cisco, Applied Materials, and chip-tool maker Onto Innovation all head into their reports with the wind at their backs, riding business trends that have been quietly improving quarter after quarter. Keep an eye on the energy-and-power complex too, where Constellation Energy and NRG Energy have become the unlikely darlings of the artificial intelligence boom, since all those data centers need somewhere to plug in. On the flip side, a cluster of the market's flashiest storylines looks shakier than the headlines suggest. CoreWeave and Nebius, the darlings of the AI infrastructure gold rush, are walking in with investors feeling distinctly nervous, and the crowd of speculative names from quantum computing outfits to space and rocket companies carries a similar cloud of doubt. When expectations run this hot, even a solid report can leave traders disappointed.
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Recent Positive Earnings

U 7.1% since the report 5.5% above its post-earnings high




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