EPS

Earnings per share (EPS) is calculated by dividing a company's net income by its number of outstanding shares. Analysts compare actual EPS to consensus estimates each earnings season; beating or missing that estimate often moves the stock more than the raw profit number itself.

Predictions & track record (5)

• Awaiting grading S&P 500 Profit Margins Hit a Record 15.7% as AI Earnings Season DeliversCheck at Q3 2026 earnings season whether the S&P 500 net margin holds above 15.7% or reverses.
• Awaiting grading Intel posts Q2 revenue up 25% and its best quarterly growth in over 15 years, as shares surge more than 11% on AI data center demandCheck Intel's next quarterly report, expected around late October 2026, to see whether revenue lands in the guided $15.8 billion to $16.8 billion range and whether the AI data center segment keeps growing at a similar pace.
• Awaiting grading Alphabet's Q2 beat blows past estimates, and Google raises 2026 capex guidance to $195-205BCheck in the following weeks whether optics and networking suppliers like $LITE rally on Google's raised capex guidance, and whether Microsoft and Meta echo the same capex increase when they report next week.
• Awaiting grading Semiconductor stocks are about to overtake Big Tech as the S&P 500's biggest earnings driverGrade in Q3 2026, once Q2 earnings season is complete, whether semiconductor companies' contribution to S&P 500 EPS growth actually reached the ~48% Kobeissi projected, and whether Amazon/Google/Meta/Microsoft's combined contribution fell to roughly 9%.
• Awaiting grading Analyst raises AMD price target to $640, says Anthropic deal could beat Meta and OpenAI'sTrack whether AMD officially confirms Anthropic as a gigawatt-scale customer and whether the stock approaches the $640 price target over the following months.

5 related posts

• Watch S&P 500 Profit Margins Hit a Record 15.7% as AI Earnings Season Delivers The Kobeissi Letter (@KobeissiLetter) · 2026-07-26
• Bull Intel posts Q2 revenue up 25% and its best quarterly growth in over 15 years, as shares surge more than 11% on AI data center demand The Kobeissi Letter (@KobeissiLetter) · 2026-07-23
• Bull Alphabet's Q2 beat blows past estimates, and Google raises 2026 capex guidance to $195-205B Serenity (@aleabitoreddit) · 2026-07-22
• Watch Semiconductor stocks are about to overtake Big Tech as the S&P 500's biggest earnings driver The Kobeissi Letter (@KobeissiLetter) · 2026-07-22
• Bull Analyst raises AMD price target to $640, says Anthropic deal could beat Meta and OpenAI's Jukan (@jukan05) · 2026-07-21