Week of July 20–24, 2026

Earnings Week of July 20–24: STLD, RYAAY, NVS — Q2 2026 Recap

RYAAY's EPS plummeted to -4.8, shocking investors and sparking concerns about the airline industry

35 reporters 22 beats 13 misses 63% beat rate

Earnings Scorecard

CompanyTickerTimeEPS EstEPS ActualResultStockWatch
Steel Dynamics, Inc.STLDTBD$3.67$3.54✗ MissPending
Ryanair Holdings plcRYAAYTBD$1.25-$4.8✗ MissPending
Novartis AGNVSTBD$2.20$9.55✓ BeatPending
W.R. Berkley CorporationWRBTBD$1.09$16.51✓ BeatPending
Calix, IncCALXTBD$0.16$31.25✓ BeatPending

This week's earnings reports brought a mix of surprises and disappointments, with RYAAY's massive miss grabbing headlines. NVS and STLD reported mixed results, while other companies like WRB and CALX saw significant EPS growth.

Earnings Scorecard

CompanyTickerDateEPS EstEPS ActualBeat/Miss
Steel Dynamics, Inc.STLD2026-07-20$3.67$3.54Miss
Ryanair Holdings plcRYAAY2026-07-20$1.25-$4.8Miss
Novartis AGNVS2026-07-21$2.20$9.55Beat
W.R. Berkley CorporationWRB2026-07-20$1.09$16.51Beat
Calix, IncCALX2026-07-20$0.16$31.25Beat

Companies to Watch

Visa Inc.

Visa boasts a strong social score and 'bullish' social dominant sentiment, coupled with 'buy' technical and 'strong buy' analyst ratings.

Its 1-week performance of 1.63% also supports a positive outlook, but a potential miss on EPS estimate could lead to a significant price drop.

Procter & Gamble Company (The)

PG has a perfect social score and 'bullish' sentiment, but its 'buy' technical and analyst ratings are tempered by a lack of earnings beat streak and a 1-week performance of only 1.13%.

Failure to meet the EPS estimate could negate bullish social sentiment.

Microsoft Corporation

Microsoft's 4-earnings beat streak and 11.4% average surprise are notable, but without clear technical, analyst, or recent performance signals, a cautious approach is advised.

Social sentiment is mildly bullish but not overwhelmingly so.

Key Themes

  • Airline industry concerns sparked by RYAAY's massive miss
  • Strong EPS growth from companies like WRB and CALX
  • Mixed results from major companies like NVS and STLD
  • Importance of social sentiment and analyst ratings in predicting stock performance

What to Watch Next Week

Investors will be keeping a close eye on Visa, Procter & Gamble, and Microsoft as they report their earnings next week.

Frequently Asked Questions

Did Ryanair Holdings plc beat Q2 2026 earnings?

No, RYAAY missed Q2 earnings by a wide margin, reporting an EPS of -$4.8 compared to an estimate of $1.25.

What was the EPS growth for W.R. Berkley Corporation in Q2 2026?

WRB reported an EPS of $16.51, significantly beating the estimate of $1.09 and representing a substantial growth.

What is the current social sentiment for Visa Inc. ahead of its earnings report?

Visa boasts a strong social score and 'bullish' social dominant sentiment, coupled with 'buy' technical and 'strong buy' analyst ratings.

Did Novartis AG meet its Q2 2026 earnings estimate?

Yes, NVS reported an EPS of $9.55, beating the estimate of $2.20.

What are the key themes emerging from this week's earnings reports?

The key themes include airline industry concerns sparked by RYAAY's massive miss, strong EPS growth from companies like WRB and CALX, and the importance of social sentiment and analyst ratings in predicting stock performance.

Which companies are expected to report their earnings next week?

Investors will be watching Visa, Procter & Gamble, and Microsoft as they report their earnings next week.

📅 Next Week's Key Earnings

Visa Inc.Procter & Gamble Company (The)Microsoft CorporationMeta Platforms, Inc.Arm Holdings plc