Earnings Week of July 27, 2026: Boeing, Coca-Cola, Microsoft, Meta, Apple, Amazon, and More in Focus

No major U.S. companies are scheduled to report earnings on Monday, July 27. But that calm gives investors a moment to prepare for one of the most consequential earnings weeks of the year. From Tuesday through Friday, more than a dozen S&P 500 heavyweights will release second-quarter results in rapid succession.

Boeing and Coca-Cola kick things off Tuesday morning, followed by Visa after the bell. Wednesday brings Microsoft and Meta Platforms after market close, along with Procter & Gamble before the open. Thursday delivers Apple and Amazon, while Friday wraps up the week with Exxon Mobil, Chevron, and AbbVie. Together, these reports represent trillions of dollars in market capitalization and touch nearly every major sector of the economy.

Earnings at a Glance: July 27-31, 2026

• Tuesday, July 28 (Before Open): Boeing (BA), Coca-Cola (KO), PayPal (PYPL), UPS, S&P Global (SPGI), Royal Caribbean (RCL), Hilton Worldwide (HLT)
• Tuesday, July 28 (After Close): Visa (V), Ford Motor (F), Mondelez International (MDLZ), KLA Corp (KLAC)
• Wednesday, July 29 (Before Open): Procter & Gamble (PG), Automatic Data Processing (ADP), General Dynamics (GD), Boston Scientific (BSX), Vertiv Holdings (VRT)
• Wednesday, July 29 (After Close): Microsoft (MSFT), Meta Platforms (META), Qualcomm (QCOM), Starbucks (SBUX), ARM Holdings (ARM), Lam Research (LRCX), Chipotle Mexican Grill (CMG)
• Thursday, July 30 (Before Open): Mastercard (MA), Bristol-Myers Squibb (BMY), Altria (MO)
• Thursday, July 30 (After Close): Apple (AAPL), Amazon (AMZN), Coinbase (COIN), Reddit (RDDT), First Solar (FSLR)
• Friday, July 31 (Before Open): Exxon Mobil (XOM), Chevron (CVX), AbbVie (ABBV), Medtronic (MDT), Eaton (ETN), Linde (LIN), Colgate-Palmolive (CL)

Key Details: What Analysts Expect

Boeing (BA) - Tuesday, July 28 (Before Market Open)

The Boeing Company is the world's largest aerospace and defense manufacturer, producing commercial jetliners, military aircraft, and space systems. Boeing has been working through a multi-year operational recovery following safety incidents and a prolonged strike that disrupted production in 2024.

Analysts expect Boeing to report a loss per share of approximately $0.27 to $0.31 for Q2 2026, a significant improvement from the $1.24 per share loss reported in Q2 2025. Revenue is forecast at roughly $23.9 to $24.3 billion, up approximately 6 to 7% year over year.

First-half 2026 deliveries reached their highest level since 2018, the new 737 MAX North Line in Everett opened, and the FAA restored airworthiness self-certification authority. Boeing enters the report with a $695 billion backlog and fresh order momentum from the Farnborough Airshow. Investors will focus on commercial delivery counts, 737 MAX and 787 Dreamliner production rate progress, cash flow trajectory, and guidance updates. A conference call is scheduled for 10:30 AM ET.

Coca-Cola (KO) - Tuesday, July 28 (Before Market Open)

The Coca-Cola Company is the world's largest non-alcoholic beverage manufacturer, with more than 200 brands sold in over 200 countries. The company recently raised its quarterly dividend for the 64th consecutive year and expanded its operating margin to 35%.

Analysts are forecasting Q2 2026 EPS of approximately $0.92 to $0.93, representing roughly 6 to 7% growth from the year-ago period. Revenue consensus stands around $13.1 billion, implying approximately 4% growth year over year.

Coca-Cola has guided for organic revenue growth of 4 to 5% for full-year 2026 and raised EPS guidance to 8 to 9% growth. A key watch item is how Coca-Cola compares to rival PepsiCo, which reported softer North America volume in its most recent quarter. Investors will also track pricing dynamics, volume trends, and international segment performance.

Visa (V) - Tuesday, July 28 (After Market Close)

Visa is the world's largest payment network by volume, processing trillions of dollars in transactions annually across more than 200 countries. The company earns revenue through service fees, data processing fees, and international transaction fees.

Wall Street expects Visa to report Q3 fiscal 2026 EPS of approximately $3.23, up about 8.4% year over year. Revenue consensus sits around $11.35 billion, implying roughly 11.6% growth. For full fiscal 2026, analysts project revenue of approximately $45.4 billion and EPS of $13.13.

The key metrics investors track are payment volume growth, cross-border volume, and new account growth. Visa has a consistent history of beating estimates, with data processing revenues forecast to grow approximately 13 to 15% year over year.

Procter & Gamble (PG) - Wednesday, July 29 (Before Market Open)

Procter & Gamble is a global consumer goods company whose brands include Tide, Pampers, Gillette, Crest, Dawn, and Bounty. It reports Q4 fiscal 2026 results, as the fiscal year ends June 30.

Analysts expect Q4 EPS of approximately $1.41 to $1.45 on revenue of around $21.4 to $22.0 billion, representing approximately 2% revenue growth. Full-year 2026 EPS guidance ranges from $6.83 to $7.09. The company maintained organic sales growth guidance of flat to up 4% for fiscal 2026.

Investors will focus on volume growth versus price mix, any updates to fiscal 2027 guidance, and management commentary on consumer demand trends. P&G's results serve as a broad indicator of global consumer staples spending power.

Microsoft (MSFT) - Wednesday, July 29 (After Market Close)

Microsoft is a global technology company whose core businesses include Azure cloud computing, Microsoft 365, Teams, Xbox gaming, and AI-powered productivity tools. Microsoft reports fiscal Q4 2026 results with its fiscal year ending June 30.

Analysts expect Q4 EPS of approximately $4.21 and revenue of roughly $80.3 billion, implying approximately 15% year-over-year revenue growth. In Q3, Microsoft beat estimates with $77.67 billion in revenue, up 18.4% year over year, and EPS of $4.27.

The central question for this report is Azure cloud growth. Microsoft has beaten revenue estimates every quarter for two straight years, averaging a 1.9% beat. Investors will also watch Microsoft Copilot AI feature adoption, capital expenditure guidance, and data center capacity plans. A conference call is scheduled for 5:30 PM ET.

Meta Platforms (META) - Wednesday, July 29 (After Market Close)

Meta Platforms operates Facebook, Instagram, WhatsApp, and Messenger, and is investing heavily in artificial intelligence and augmented and virtual reality. The company derives the vast majority of its revenue from digital advertising.

Wall Street consensus calls for Q2 2026 EPS of approximately $7.23 on revenue of roughly $60.3 billion, representing 26.8% year-over-year revenue growth from the $47.5 billion reported in Q2 2025. Despite that strong top-line growth, EPS growth is expected to be more muted due to rising capital expenditures for AI infrastructure.

Meta guided Q2 revenue of $58 to $61 billion. The company has beaten EPS estimates for six consecutive quarters and carries 57 buy ratings among tracked analysts with zero sell ratings. Key investor questions include AI advertising efficiency, Reality Labs spending, and updates on the Llama AI model family. A conference call is scheduled for 4:30 PM ET.

Apple (AAPL) - Thursday, July 30 (After Market Close)

Apple is the world's leading consumer electronics company, known for iPhone, Mac, iPad, Apple Watch, and a growing Services segment including the App Store, Apple TV+, and Apple Pay. Apple reports Q3 fiscal 2026 results with its fiscal year ending September.

Analysts expect Q3 EPS of approximately $1.88 to $1.89, up from $1.57 in the year-ago quarter. Revenue consensus is approximately $108.9 billion, implying roughly 15.8% year-over-year growth. Reports indicate strong iPhone sales in China during May and June.

Services revenue remains the high-margin growth engine, and investors will closely watch Apple Intelligence AI feature adoption and any commentary on the iPhone 17 product cycle. Apple's average analyst price target is approximately $310 to $327. A conference call is scheduled for 5:00 PM ET.

Amazon (AMZN) - Thursday, July 30 (After Market Close)

Amazon.com is a diversified technology and retail company with three primary engines: its e-commerce marketplace, Amazon Web Services cloud computing, and a rapidly growing advertising business. AWS is the world's largest cloud provider and the company's most profitable segment.

The consensus estimate calls for Q2 2026 EPS of approximately $1.82, up from $1.68 a year ago, on total revenue of approximately $196.7 billion. AWS operating margins are a central focus, with analysts modeling an AWS margin of approximately 33.8% for Q2.

Amazon carries a Strong Buy consensus from Wall Street analysts. The primary debate centers on AWS margin sustainability amid soaring AI infrastructure capital expenditures. Investors will also watch for Q3 revenue guidance and commentary on tariff impacts on e-commerce. A conference call is scheduled for 5:00 PM ET.

Key Market Storylines

• Magnificent Seven sweep: Four of the seven largest technology companies by market cap - Microsoft, Meta, Apple, and Amazon - all report this week. Their collective results will set the tone for the broader market through the fall.
• AI spending vs. returns: Investors are focused on whether massive AI capital expenditure is translating into measurable revenue growth. Microsoft Azure, Meta's advertising AI tools, and Amazon Web Services will all be scrutinized.
• Consumer resilience: Coca-Cola and Procter & Gamble are barometers for global consumer spending. Their guidance updates will signal conditions heading into the back half of 2026.
• Boeing's recovery trajectory: Each quarter's delivery count and cash flow figure carries significant weight as a closely followed industrial turnaround story.
• Payment network health: Visa's cross-border volume numbers will reveal the strength of global travel and international consumer spending.
• S&P 500 earnings growth: FactSet projects S&P 500 earnings grew 24.7% in Q2 2026, which would mark the second consecutive quarter of earnings growth above 20%.

Market Impact

The four Magnificent Seven reporters collectively represent a significant portion of the S&P 500's market capitalization. Strong or weak results from this group can move the entire index, particularly the QQQ (Invesco Nasdaq-100 ETF) and SPY (SPDR S&P 500 ETF).

Technology ETFs including XLK (Technology Select Sector SPDR), VGT (Vanguard Information Technology ETF), and IGV (iShares Expanded Tech-Software Sector ETF) are likely to see elevated volatility this week. Semiconductor-adjacent stocks may react to results from Qualcomm and Lam Research, which also report Wednesday after the close.

Boeing's results may influence aerospace and defense peers including RTX Corporation and Lockheed Martin. Energy giants Exxon Mobil and Chevron, reporting Friday, will be watched for commentary on oil demand, capital allocation, and tariff-related supply chain impacts.

Consumer staples ETFs such as XLP could see movement based on Coca-Cola and Procter & Gamble results. The payments sector will be sensitive to Visa's cross-border volume and guidance updates.

What Investors Should Watch Next

• Wednesday conference calls (Meta 4:30 PM ET, Microsoft 5:30 PM ET): AI investment guidance and advertising growth commentary will be the most-watched disclosures of the week.
• Thursday conference calls (Apple and Amazon, both 5:00 PM ET): Services revenue trajectory and AWS margin guidance are the key data points.
• Friday oil majors: Exxon Mobil and Chevron results will reflect Q2 crude oil price dynamics and set the tone for energy sector sentiment.
• Week of August 4: Caterpillar, McDonald's, Pfizer, Advanced Micro Devices, Amgen, Arista Networks, and Booking Holdings are all scheduled to report.
• Economic data: The PCE inflation index and the July jobs report are also due this week and may influence how markets interpret earnings guidance.

Conclusion

The week of July 27 is one of the most information-dense periods of the Q2 2026 earnings season. With Boeing attempting to demonstrate a genuine operational turnaround, Coca-Cola and Procter & Gamble signaling the health of global consumer spending, and four Magnificent Seven companies testing investor confidence in AI-era technology valuations, the results will shape market direction for weeks to come. Investors should prepare for potentially elevated volatility across all major indices and sectors through Friday, July 31.

Sources

• Alphastreet - Boeing Q2 2026 Earnings Preview - news.alphastreet.com - July 2026
• Alphastreet - Coca-Cola (KO) Q2 2026 Preview: EPS Est. $0.93, Reports July 28 - news.alphastreet.com - July 2026
• Alphastreet - Meta Platforms (META) Q2 2026 Preview: EPS Est. $7.23, Reports July 29 - news.alphastreet.com - July 2026
• Zacks - Insights Into Microsoft (MSFT) Q4: Wall Street Projections - zacks.com - July 2026
• Yahoo Finance - Apple Inc. (AAPL) Analysis / Earnings Estimates - finance.yahoo.com - July 27, 2026
• TheStreet - Amazon AWS Q2 2026 Earnings Preview - thestreet.com - July 2026
• TipRanks - Amazon Stock Price Forecast: What Financial Analysts Expect - tipranks.com - July 2026
• Yahoo Finance / Zacks - Visa Q3 Earnings Preview - finance.yahoo.com - July 2026
• ChartMill - P&G Forecast, Price Target & Analyst Ratings - chartmill.com - July 27, 2026
• ii.co.uk - US Earnings Season Q2 2026 Calendar - ii.co.uk - July 27, 2026
• earningshub.com - Earnings Calendar This Week Jul 27-31 - earningshub.com - July 27, 2026
• Benzinga - Boeing Co Earnings Estimates - benzinga.com - July 27, 2026
• Benzinga - Procter & Gamble Earnings & Forecasts - benzinga.com - July 2026
• FactSet Research Systems (via ii.co.uk) - S&P 500 Q2 2026 earnings growth projected at 24.7% - July 27, 2026