Earnings Today: Boeing, Coca-Cola, PayPal, Visa, Ford & Mondelez — July 28, 2026

Six major companies are scheduled to report second-quarter 2026 earnings on Tuesday, July 28, in one of the busiest single-day calendars of the season. Boeing, Coca-Cola, and PayPal will all release results before the opening bell, while Visa, Ford Motor, and Mondelez International are due after the market closes.

Together, these reports span industrial manufacturing, consumer beverages, digital payments, automotive, and global snack foods — offering a broad cross-section of the U.S. economy. Investors will scrutinize each report for clues about consumer spending resilience, corporate cost management, and whether companies are maintaining their full-year guidance in the face of ongoing tariff and macroeconomic uncertainty.

Companies Reporting Earnings Today

Here is a summary of the major companies reporting on July 28, 2026:

• Boeing (NYSE: BA) — Before Market Open
• Coca-Cola (NYSE: KO) — Before Market Open
• PayPal Holdings (NASDAQ: PYPL) — Before Market Open
• Visa Inc. (NYSE: V) — After Market Close
• Ford Motor Company (NYSE: F) — After Market Close
• Mondelez International (NASDAQ: MDLZ) — After Market Close

Key Details: What Analysts Expect

Boeing (BA) — Before Market Open

Boeing is the world's largest aerospace manufacturer, producing commercial jets, military aircraft, and space systems. The company has spent the past two years working to restore production rates and investor confidence after safety controversies, a machinists' strike in late 2024, and years of deep financial losses.

Wall Street expects Boeing to report a loss of approximately $0.24 to $0.27 per share on revenue of around $23.9 billion to $24.0 billion for Q2 2026, according to consensus data from Benzinga and Hudson Labs. That would represent a significant improvement from its loss of $1.24 per share on $22.75 billion in revenue in Q2 2025.

The central storyline for Boeing is its path to positive free cash flow. Management has guided for $1 billion to $3 billion in free cash flow for full-year 2026, the first positive reading in years. In Q1 2026, Boeing posted a cash burn of $1.5 billion, well below the $2.3 billion consensus expected, signaling improved execution. Boeing delivered 314 commercial aircraft in the first half of 2026, with the 737 MAX accounting for the bulk of handovers. Investors will watch Q2 deliveries, production rate progress on the 737 and 787, defense contract performance, and any cash flow guidance updates. Boeing holds a Strong Buy consensus from 29 analysts, with a mean price target of $269.07 per share, according to Barchart.

Coca-Cola (KO) — Before Market Open

Coca-Cola is the world's largest non-alcoholic beverage company, with a portfolio spanning its namesake cola, Sprite, Fanta, Dasani, and Fairlife across more than 200 countries.

Analysts expect Coca-Cola to report EPS of $0.93 on revenue of approximately $13.14 billion for Q2 2026, according to AlphaStreet, which surveyed 17 analysts. That would represent earnings growth of approximately 6.9% and revenue growth of roughly 4.8% compared to Q2 2025. Coca-Cola beat consensus EPS estimates in each of the past four quarters, with an average surprise of approximately 5%. In Q1 2026, the company posted EPS of $0.86, beating the $0.81 consensus. Investors will focus on organic volume growth versus pricing, performance in emerging markets, and foreign currency headwinds. Coca-Cola issued full-year EPS guidance of $3.24 to $3.27 in April 2026.

PayPal Holdings (PYPL) — Before Market Open

PayPal is one of the world's largest digital payments companies, operating the PayPal and Venmo platforms, as well as Braintree and Zettle, processing hundreds of billions of dollars in payment volume each quarter.

Analysts estimate PayPal will report EPS of approximately $1.28 on revenue of around $8.47 billion to $8.50 billion for Q2 2026, according to Yahoo Finance (35 analysts) and Perplexity Finance. Total payment volume (TPV) is expected to reach approximately $474.52 billion, up from $443.55 billion in Q2 2025, according to Zacks. Active accounts are projected at approximately 440 million. In Q1 2026, PayPal reported $1.34 adjusted EPS, beating the $1.27 consensus. The earnings call begins at 8:00 AM ET. Investors will watch transaction margin trends and any second-half 2026 guidance.

Visa Inc. (V) — After Market Close

Visa is the world's largest payment network by volume, facilitating trillions of dollars in card transactions annually across more than 200 countries. Visa reports fiscal Q3 2026 results today, as its fiscal year ends September 30.

Analysts forecast Visa will report EPS of approximately $3.22 to $3.23 on revenue of approximately $11.35 billion to $11.38 billion for fiscal Q3 2026, according to Benzinga and Zacks. Visa's most recent quarter (fiscal Q2, reported April 28) showed EPS of $3.31 on revenue of $11.23 billion, beating estimates by $0.21 per share, representing year-over-year revenue growth of 17.1%. Investors will watch payments volume growth, cross-border transaction trends as a proxy for international travel demand, and any updates on Visa's expansion into stablecoin infrastructure and fintech partnerships. The conference call is at 5:00 PM ET.

Ford Motor Company (F) — After Market Close

Ford is one of America's largest automakers, selling vehicles under the Ford and Lincoln brands. The company reports results across three segments: Ford Pro (commercial), Ford Blue (internal combustion), and Ford Model e (electric vehicles).

Wall Street expects Ford to post EPS of approximately $0.34 to $0.36 on revenue of approximately $45.14 billion to $46.2 billion for Q2 2026, according to AlphaStreet (16 analysts), Benzinga, and Zacks. That would represent a revenue decline of roughly 10% and an EPS decline of approximately 5% versus Q2 2025. Ford paused its full-year guidance earlier in 2026 due to tariff uncertainty. Analysts have revised EPS estimates downward by more than 12% over the past three months. In Q1 2026, Ford beat expectations sharply, reporting $0.66 versus a $0.19 consensus. Investors will focus on whether Ford reinstates guidance, tariff cost disclosures, EV loss trends, and Ford Pro performance. The conference call is at 5:00 PM ET.

Mondelez International (MDLZ) — After Market Close

Mondelez International is a global snack food company with brands including Oreo, Cadbury, Toblerone, and Chips Ahoy!, generating approximately 75% of its revenue outside the United States.

Analysts expect Mondelez to report EPS of approximately $0.67 to $0.68 on revenue of approximately $9.19 billion to $9.22 billion for Q2 2026, according to AlphaStreet (16 analysts) and Zacks. EPS would represent a decline of roughly 7% to 8% from $0.73 in Q2 2025, even as revenue is projected to grow about 2.3% to 2.6%. Cocoa price inflation remains a meaningful headwind. Mondelez has delivered a trailing four-quarter earnings surprise of approximately 5.4%. The conference call is at 5:00 PM ET.

Key Storylines Investors Are Watching

Three macro themes run through today's earnings calendar.

First, tariffs. Ford is the most exposed company on today's docket, but Boeing's defense supply chains are also touched by trade policy. Investors will look for updated cost estimates and any guidance reinstatements.

Second, consumer health. Coca-Cola, PayPal, Visa, and Mondelez collectively reflect consumer spending across beverages, digital transactions, card payments, and packaged snacks. Any softness in volume trends, particularly from lower-income households, will attract attention. Visa's cross-border volume serves as a real-time proxy for international travel demand.

Third, Boeing's industrial recovery. After years of safety issues, strikes, and losses, Boeing's Q2 report is the next confirmation of whether its production and cash-flow turnaround is on track. The Spirit AeroSystems fuselage supplier integration and 737 MAX production rate progress will be closely watched.

Market Impact

Boeing's results could move the broader industrial sector. The stock has underperformed the S&P 500 over the past year, and any upside surprise on free cash flow could trigger a meaningful rally. Aerospace suppliers and rivals may also react to Boeing's delivery commentary.

Visa's report sets the stage for Mastercard, which reports Thursday, July 30. A strong Visa showing could lift financial sector ETFs, including XLF, and signal confidence in the consumer. Conversely, any slowdown in cross-border spending could weigh on travel-related stocks.

Ford's results will set expectations for the auto sector ahead of General Motors and other automakers. Auto ETFs and suppliers could react to Ford's tariff cost disclosures and guidance outlook.

Coca-Cola and Mondelez results inform the consumer staples outlook, with implications for sector ETF XLP. PayPal's results will influence fintech sentiment, relevant to peers Block, Affirm, and the ARK Fintech Innovation ETF.

What Investors Should Watch Next

Today's conference calls for Boeing, Coca-Cola, and PayPal begin around 8:00 to 10:00 AM ET, while Visa, Ford, and Mondelez start at approximately 5:00 PM ET. Forward guidance for the second half of 2026 will be closely parsed.

Later this week, earnings season accelerates significantly. Wednesday, July 29 brings Procter & Gamble (PG) and Automatic Data Processing (ADP) before the open, and Meta Platforms (META), Microsoft (MSFT), and Lam Research (LRCX) after the close. Thursday, July 30 features Mastercard (MA) before the open and Amazon (AMZN) and Apple (AAPL) after the close, making it the biggest earnings day of the season. The Federal Reserve's policy meeting is also scheduled July 29–30, a key macro catalyst for markets.

Conclusion

Tuesday, July 28, 2026 presents investors with a diverse earnings slate spanning aviation, consumer goods, digital payments, automotive, and financial services. Boeing's cash flow progress, Visa's consumer spending data, and Ford's tariff disclosures are the three most closely watched narratives heading into the day. Together, the six reporting companies offer a real-time read on U.S. and global economic health as earnings season approaches its most consequential days later this week.

Sources

• Interactive Investor (ii.co.uk) — US Earnings Season Q2 2026 Calendar — https://www.ii.co.uk/investing-with-ii/international-investing/us-earnings-season — July 27, 2026
• AlphaStreet — Boeing (BA) Q2 2026 Preview — https://news.alphastreet.com/ — July 2026
• Benzinga — Boeing (BA), Visa (V), Ford (F) Earnings Estimates — https://www.benzinga.com/quote/BA/earnings — July 2026
• Barchart — Boeing Q2 2026 Earnings Preview — https://www.barchart.com/story/news/3265805/boeings-q2-2026-earnings-what-to-expect — July 2026
• Hudson Labs — Boeing BA Q2 2026 Preview (consensus revenue $24B) — https://www.hudson-labs.com/research/see-boeing-ba-q2-2026-earnings-preview-consensus-revenue-24b-fcf-inflection-737787-production-and-margin-trends — July 2026
• AlphaStreet — Coca-Cola (KO) Q2 2026 Preview (EPS Est. $0.93) — https://news.alphastreet.com/coca-cola-ko-q2-2026-preview-eps-est-0-93-reports-july-28 — July 2026
• Yahoo Finance — PayPal (PYPL) Q2 2026 Analyst Estimates — https://finance.yahoo.com/quote/PYPL/analysis — July 2026
• Zacks — PayPal Q2 2026 Key Metrics Preview — https://www.zacks.com/stock/news/2959008/ — July 23, 2026
• Yahoo Finance (Zacks) — Visa Q3 FY2026 Earnings Could Be a Catalyst — https://finance.yahoo.com/markets/stocks/articles/visas-q3-earnings-could-catalyst-162700784.html — July 2026
• AlphaStreet — Ford Motor (F) Q2 2026 Preview (EPS Est. $0.35) — https://news.alphastreet.com/ford-motor-f-q2-2026-preview-eps-est-0-35-reports-july-28 — July 2026
• Yahoo Finance (Zacks) — Ford Gears Up to Report Q2 Earnings — https://finance.yahoo.com/markets/stocks/articles/ford-gears-report-q2-earnings-150500492.html — July 2026
• AlphaStreet — Mondelez (MDLZ) Q2 2026 Preview (EPS Est. $0.68) — https://news.alphastreet.com/mondelez-international-mdlz-q2-2026-preview-eps-est-0-68-reports-july-28 — July 2026
• Yahoo Finance (Zacks) — Mondelez Q2 Earnings Preview — https://finance.yahoo.com/markets/stocks/articles/mondelez-q2-earnings-coming-heres-150700794.html — July 2026
• Forecast International FlightPlan — Airbus and Boeing June 2026 Deliveries — https://flightplan.forecastinternational.com/2026/07/14/airbus-and-boeing-report-june-2026-commercial-aircraft-orders-and-deliveries — July 14, 2026