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Graded Success

Quite simply, over the past 20 years, stocks with the best grade have gone up nearly two-thirds of the time while those with the worst have gone down.

Measuring the quality of earnings relative to investor expectations creates a superior measure of the Post-earnings Announcement Drift (PEAD) and, quite simply, those companies with favorable earnings and low expectations consistently outperform the market. ... and those with high expectations and weaker results don't.

The Whisper Report ®
All About Guidance
Monday, July 21, 2025
GOOGL
Earnings guidance is the primary story to start earnings season, and is potentially telling us more about the cycle than just upcoming earnings.
Earnings
Top Earnings News
Verizon Communications Beat Expectations
Monday, July 21, 2025, 6:55 AM ET
VZ
Verizon Communications (VZ) reported earnings of $1.22 per share on revenue of $34.50 billion for the second quarter ended June 2025. The consensus earnings estimate was $1.18 per share on revenue of $33.54 billion. The Earnings Whisper number was $1.20 per share. The company beat expectations by 1.67%.
Earnings Sentiment
Sentiment of the earnings releases with the most interest among investors.
Size = interest, Color = sentiment
Recent Positive Earnings
e.l.f. Beauty Beat Expectations
Wednesday, May 28, 2025, 4:05 PM ET
ELF
e.l.f. Beauty (ELF) reported earnings of $0.76 per share on revenue of $332.65 million for the fiscal fourth quarter ended March 2025. The consensus earnings estimate was $0.72 per share on revenue of $326.37 million. The Earnings Whisper number was $0.75 per share. The company beat expectations by 1.33% while revenue grew 3.58% on a year-over-year basis.
Expected Positive Earnings
Microsoft is Expected to Beat Estimates
Wednesday, July 30, 2025, 0:00 AM ET
MSFT
Microsoft (MSFT) is confirmed to report earnings on Wednesday, July 30, 2025 at approximately 4:05 PM ET. The consensus earnings estimate is $3.35 per share on revenue of $73.71 billion, respresenting 13.9% year-over-year revenue growth, and the Earnings Whisper ® number is $3.51 per share. Investors are 8.0% bullish going into the company's earnings release. Option traders are pricing in a 4.6% move on earnings and the stock has averaged a 4.2% move in recent quarters.
Earnings Discussions
The Most Anticipated Earnings Releases for the Week of July 21, 2025
Monday, July 21, 2025
TSLA
The most anticipated earnings releases for the week of July 21, 2025 are Tesla #TSLA, Alphabet #GOOGL, Verizon Communications #VZ, Intel #INTC, Intuitive Surgical #ISRG, SAP #SAP, ServiceNow #NOW, NXP Semiconductors #NXPI, Enphase Energy #ENPH, and IBM #IBM.