Earnings Surprises

Biggest EPS beats and misses, ranked by post-earnings price reaction. Free data, no paywall.

Q4 2026 Season
83% beat EPSAvg surprise: -12.1%Avg reaction: —6 reportedQ3 2026 · Jul–Sep
Biggest EPS Beats25

Ranked by EPS surprise % (highest first). Price reaction = day after report.

#SymbolCompanySectorDateEPS ActualEPS Est.SurprisePrice Reaction
1Clearway Energy, Inc.UtilitiesAug 5, 2026$1.00↓ Lowered$0.24+317%+3.5%
Craig Cornelius, President and Chief Executive Officer

While we are lowering our 2026 financial guidance due to factors outlined in our mid-July operational preview, our team is focused on maintaining our trademark operational excellence to uphold our historic track record of meeting our financial targets.

2AXIA Energia S.A.UtilitiesAug 5, 2026$0.20$0.06+229%-2.7%
3Enlight Renewable Energy LtdUtilitiesAug 4, 2026$0.20$0.07+186%-0.4%
4Ormat Technologies, Inc.UtilitiesAug 5, 2026$0.50$0.26+91.1%+7.3%
5Avista CorporationUtilitiesAug 3, 2026$0.43$0.23+87.5%-3.1%
6Companhia Energética de Minas GeraisUtilitiesAug 13, 2026$0.08$0.05+68.8%-1.5%
7New Jersey Resources CorporationUtilitiesAug 3, 2026$0.11$0.07+66.7%-0.9%
8Pampa Energía S.A.UtilitiesAug 4, 2026$3.21$2.30+39.6%-3.3%
9ReNew Energy Global PlcUtilitiesAug 18, 2026$0.17$0.12+39.0%-0.3%
10Companhia Energética de Minas GeraisUtilitiesAug 14, 2026$0.06$0.05+35.9%+1.8%
11Black Hills CorporationUtilitiesAug 5, 2026$0.54— Maintained$0.41+33.0%+0.7%
Linn Evans, president and CEO of Black Hills Corp.

I’m extremely proud of our team and all we’ve accomplished in the first half of the year, delivering strong financial results and meaningful progress on our strategic initiatives.

12Edison InternationalUtilitiesJul 30, 2026$1.54— Maintained$1.18+30.5%-6.7%
Pedro J. Pizarro, president and CEO

Edison International's strong start to the first half of 2026 reinforces our confidence in our full-year outlook. We remain focused on making communities safer and more resilient through wildfire mitigation and on supporting a reliable, affordable and clean energy future.

13ONE Gas, Inc.UtilitiesAug 4, 2026$0.82↑ Raised$0.63+29.3%+1.1%
Robert S. McAnnally, CEO

Our strong second quarter and first-half results reflect the continued execution of our growth strategy and the benefits of operating in constructive jurisdictions. This performance gives us the confidence to raise our adjusted earnings expectations for the full year.

14Southwest Gas Holdings, Inc.UtilitiesAug 5, 2026$0.58$0.45+28.6%+3.8%
15Select Water Solutions, Inc.UtilitiesAug 4, 2026$0.17$0.13+28.1%+21.1%
16American States Water CompanyUtilitiesAug 5, 2026$1.09— Maintained$0.92+19.1%+0.3%
17Northwestern Energy Group IncUtilitiesJul 29, 2026$0.50— Maintained$0.42+18.2%-3.5%
Brian Bird, President and CEO

We are pleased to report solid results for the quarter and exciting progress on the merger.

18TransAlta CorporationUtilitiesJul 31, 2026$0.13$0.11+18.2%-4.0%
19Xcel Energy Inc.UtilitiesJul 30, 2026$0.93$0.79+17.7%-0.7%
20California Water Service GroupUtilitiesJul 30, 2026$0.93— Maintained$0.80+16.3%-3.1%
Martin A. Kropelnicki, Chairman and Chief Executive Officer

Receiving the final decision in our 2024 CA GRC provides the regulatory framework needed to continue investing in the infrastructure our customers depend on, while supporting long-term earnings and cash flow visibility.

21Dominion Energy, Inc.UtilitiesJul 31, 2026$0.79$0.68+16.0%-1.4%
22DTE Energy Company 2020 SeriesUtilitiesJul 28, 2026$1.32$1.14+15.8%-0.3%
23DTE Energy Company JR SUB DB 2017 EUtilitiesJul 28, 2026$1.32$1.14+15.8%+0.1%
24DTE Energy Company 2021 SeriesUtilitiesJul 28, 2026$1.32$1.14+15.8%+0.7%
25DTE Energy CompanyUtilitiesJul 28, 2026$1.32$1.14+15.8%-2.5%
CWEN logo1CWENClearway Energy, Inc.Aug 5, 2026
Mkt Cap$6.0B
EPS Act.$1.00
EPS Est.$0.24
Surprise+317%
Reaction+3.5%
SectorUtilities
Craig Cornelius, President and Chief Executive Officer

While we are lowering our 2026 financial guidance due to factors outlined in our mid-July operational preview, our team is focused on maintaining our trademark operational excellence to uphold our historic track record of meeting our financial targets.

AXIA logo2AXIAAXIA Energia S.A.Aug 5, 2026
Mkt Cap$21.7B
EPS Act.$0.20
EPS Est.$0.06
Surprise+229%
Reaction-2.7%
SectorUtilities
ENLT logo3ENLTEnlight Renewable Energy LtdAug 4, 2026
Mkt Cap$9.3B
EPS Act.$0.20
EPS Est.$0.07
Surprise+186%
Reaction-0.4%
SectorUtilities
ORA logo4ORAOrmat Technologies, Inc.Aug 5, 2026
Mkt Cap$5.7B
EPS Act.$0.50
EPS Est.$0.26
Surprise+91.1%
Reaction+7.3%
SectorUtilities
AVA logo5AVAAvista CorporationAug 3, 2026
Mkt Cap$2.9B
EPS Act.$0.43
EPS Est.$0.23
Surprise+87.5%
Reaction-3.1%
SectorUtilities
CIG logo6CIGCompanhia Energética de Minas GeraisAug 13, 2026
Mkt Cap$6.2B
EPS Act.$0.08
EPS Est.$0.05
Surprise+68.8%
Reaction-1.5%
SectorUtilities
NJR logo7NJRNew Jersey Resources CorporationAug 3, 2026
Mkt Cap$5.2B
EPS Act.$0.11
EPS Est.$0.07
Surprise+66.7%
Reaction-0.9%
SectorUtilities
PAM logo8PAMPampa Energía S.A.Aug 4, 2026
Mkt Cap$4.2B
EPS Act.$3.21
EPS Est.$2.30
Surprise+39.6%
Reaction-3.3%
SectorUtilities
RNW logo9RNWReNew Energy Global PlcAug 18, 2026
Mkt Cap$2.5B
EPS Act.$0.17
EPS Est.$0.12
Surprise+39.0%
Reaction-0.3%
SectorUtilities
CIG-C logo10CIG-CCompanhia Energética de Minas GeraisAug 14, 2026
Mkt Cap$9.2B
EPS Act.$0.06
EPS Est.$0.05
Surprise+35.9%
Reaction+1.8%
SectorUtilities
BKH logo11BKHBlack Hills CorporationAug 5, 2026
Mkt Cap$5.4B
EPS Act.$0.54
EPS Est.$0.41
Surprise+33.0%
Reaction+0.7%
SectorUtilities
Linn Evans, president and CEO of Black Hills Corp.

I’m extremely proud of our team and all we’ve accomplished in the first half of the year, delivering strong financial results and meaningful progress on our strategic initiatives.

EIX logo12EIXEdison InternationalJul 30, 2026
Mkt Cap$20.7B
EPS Act.$1.54
EPS Est.$1.18
Surprise+30.5%
Reaction-6.7%
SectorUtilities
Pedro J. Pizarro, president and CEO

Edison International's strong start to the first half of 2026 reinforces our confidence in our full-year outlook. We remain focused on making communities safer and more resilient through wildfire mitigation and on supporting a reliable, affordable and clean energy future.

OGS logo13OGSONE Gas, Inc.Aug 4, 2026
Mkt Cap$4.6B
EPS Act.$0.82
EPS Est.$0.63
Surprise+29.3%
Reaction+1.1%
SectorUtilities
Robert S. McAnnally, CEO

Our strong second quarter and first-half results reflect the continued execution of our growth strategy and the benefits of operating in constructive jurisdictions. This performance gives us the confidence to raise our adjusted earnings expectations for the full year.

SWX logo14SWXSouthwest Gas Holdings, Inc.Aug 5, 2026
Mkt Cap$6.0B
EPS Act.$0.58
EPS Est.$0.45
Surprise+28.6%
Reaction+3.8%
SectorUtilities
WTTR logo15WTTRSelect Water Solutions, Inc.Aug 4, 2026
Mkt Cap$2.8B
EPS Act.$0.17
EPS Est.$0.13
Surprise+28.1%
Reaction+21.1%
SectorUtilities
AWR logo16AWRAmerican States Water CompanyAug 5, 2026
Mkt Cap$3.2B
EPS Act.$1.09
EPS Est.$0.92
Surprise+19.1%
Reaction+0.3%
SectorUtilities
NWE logo17NWENorthwestern Energy Group IncJul 29, 2026
Mkt Cap$4.3B
EPS Act.$0.50
EPS Est.$0.42
Surprise+18.2%
Reaction-3.5%
SectorUtilities
Brian Bird, President and CEO

We are pleased to report solid results for the quarter and exciting progress on the merger.

TAC logo18TACTransAlta CorporationJul 31, 2026
Mkt Cap$3.7B
EPS Act.$0.13
EPS Est.$0.11
Surprise+18.2%
Reaction-4.0%
SectorUtilities
XEL logo19XELXcel Energy Inc.Jul 30, 2026
Mkt Cap$44.6B
EPS Act.$0.93
EPS Est.$0.79
Surprise+17.7%
Reaction-0.7%
SectorUtilities
CWT logo20CWTCalifornia Water Service GroupJul 30, 2026
Mkt Cap$2.8B
EPS Act.$0.93
EPS Est.$0.80
Surprise+16.3%
Reaction-3.1%
SectorUtilities
Martin A. Kropelnicki, Chairman and Chief Executive Officer

Receiving the final decision in our 2024 CA GRC provides the regulatory framework needed to continue investing in the infrastructure our customers depend on, while supporting long-term earnings and cash flow visibility.

D logo21DDominion Energy, Inc.Jul 31, 2026
Mkt Cap$53.9B
EPS Act.$0.79
EPS Est.$0.68
Surprise+16.0%
Reaction-1.4%
SectorUtilities
DTB logo22DTBDTE Energy Company 2020 SeriesJul 28, 2026
Mkt Cap$3.1B
EPS Act.$1.32
EPS Est.$1.14
Surprise+15.8%
Reaction-0.3%
SectorUtilities
DTW logo23DTWDTE Energy Company JR SUB DB 2017 EJul 28, 2026
Mkt Cap$3.3B
EPS Act.$1.32
EPS Est.$1.14
Surprise+15.8%
Reaction+0.1%
SectorUtilities
DTG logo24DTGDTE Energy Company 2021 SeriesJul 28, 2026
Mkt Cap$3.2B
EPS Act.$1.32
EPS Est.$1.14
Surprise+15.8%
Reaction+0.7%
SectorUtilities
DTE logo25DTEDTE Energy CompanyJul 28, 2026
Mkt Cap$25.9B
EPS Act.$1.32
EPS Est.$1.14
Surprise+15.8%
Reaction-2.5%
SectorUtilities
Biggest EPS Misses17

Ranked by EPS miss % (worst first). Price reaction = day after report.

#SymbolCompanySectorDateEPS ActualEPS Est.SurprisePrice Reaction
1Brookfield Infrastructure CorporationUtilitiesJul 30, 2026-$0.56$0.38-247%-2.1%
2Talen Energy CorporationUtilitiesAug 5, 2026-$2.00$3.21-162%-0.5%
3Brookfield Infrastructure Partners L.P.UtilitiesJul 30, 2026-$0.07$0.16-143%-2.0%
4Korea Electric Power CorporationUtilitiesAug 13, 2026$0.15$0.45-67.4%-0.9%
5Korea Electric Power CorporationUtilitiesAug 12, 2026$0.15$0.45-66.0%-6.4%
6Korea Electric Power CorporationUtilitiesSep 15, 2026$0.14$0.33-57.6%-2.9%
7Vistra Corp.UtilitiesAug 7, 2026$0.76— Maintained$1.61-52.8%+1.1%
Jim Burke, President and CEO

The Vistra team delivered another strong quarter, building on our momentum from the start of the year and continuing to execute at a high level.

8Hawaiian Electric Industries, Inc.UtilitiesAug 7, 2026$0.13$0.21-38.1%-6.5%
9Companhia de Saneamento Básico do Estado de São Paulo - SABESPUtilitiesAug 12, 2026$0.07$0.09-22.1%-7.0%
10GE Vernova Inc.UtilitiesJul 22, 2026$2.47$3.17-22.1%-4.4%
11Algonquin Power & Utilities Corp.UtilitiesAug 7, 2026$0.04$0.05-20.0%-1.6%
12NRG Energy, Inc.UtilitiesAug 4, 2026$1.49— Maintained$1.69-11.8%-12.8%
Robert Gaudette, President & CEO

Today we provided a progress update on our Bring Your Own Power data center strategy. This is the model for how large load growth should work. The customer supports the investment, with reliability and affordability protected for all. We also delivered a solid second quarter and are reaffirming our 2026 guidance. I am confident in the discipline and execution that continue to drive NRG forward.

13American Electric Power Company, Inc.UtilitiesJul 30, 2026$1.36$1.48-8.1%-1.2%
14PPL CorporationUtilitiesAug 7, 2026$0.33— Maintained$0.34-3.1%+1.1%
Vincent Sorgi, President and CEO

Our solid second-quarter results demonstrate continued execution across our regulated utility portfolio and keep us on track to deliver our 2026 commitments.

15The AES CorporationUtilitiesAug 4, 2026$0.44$0.45-2.2%-0.1%
16Emera IncorporatedUtilitiesAug 7, 2026$0.49$0.50-2.2%-1.7%
17Pinnacle West Capital CorporationUtilitiesAug 4, 2026$1.43— Maintained$1.46-2.0%+0.7%
Ted Geisler, Chairman, President and Chief Executive Officer

Summer arrived early this year, with temperatures reaching 105° F back in March. As a result, our customers turned on their air conditioners sooner than usual and continued using them heavily even after temperatures returned to levels similar to last year.

BIPC logo1BIPCBrookfield Infrastructure CorporationJul 30, 2026
Mkt Cap$4.5B
EPS Act.-$0.56
EPS Est.$0.38
Surprise-247%
Reaction-2.1%
SectorUtilities
TLN logo2TLNTalen Energy CorporationAug 5, 2026
Mkt Cap$14.6B
EPS Act.-$2.00
EPS Est.$3.21
Surprise-162%
Reaction-0.5%
SectorUtilities
BIP logo3BIPBrookfield Infrastructure Partners L.P.Jul 30, 2026
Mkt Cap$16.8B
EPS Act.-$0.07
EPS Est.$0.16
Surprise-143%
Reaction-2.0%
SectorUtilities
KEP logo4KEPKorea Electric Power CorporationAug 13, 2026
Mkt Cap$14.2B
EPS Act.$0.15
EPS Est.$0.45
Surprise-67.4%
Reaction-0.9%
SectorUtilities
KEP logo5KEPKorea Electric Power CorporationAug 12, 2026
Mkt Cap$14.2B
EPS Act.$0.15
EPS Est.$0.45
Surprise-66.0%
Reaction-6.4%
SectorUtilities
KEP logo6KEPKorea Electric Power CorporationSep 15, 2026
Mkt Cap$14.2B
EPS Act.$0.14
EPS Est.$0.33
Surprise-57.6%
Reaction-2.9%
SectorUtilities
VST logo7VSTVistra Corp.Aug 7, 2026
Mkt Cap$47.2B
EPS Act.$0.76
EPS Est.$1.61
Surprise-52.8%
Reaction+1.1%
SectorUtilities
Jim Burke, President and CEO

The Vistra team delivered another strong quarter, building on our momentum from the start of the year and continuing to execute at a high level.

HE logo8HEHawaiian Electric Industries, Inc.Aug 7, 2026
Mkt Cap$1.5B
EPS Act.$0.13
EPS Est.$0.21
Surprise-38.1%
Reaction-6.5%
SectorUtilities
SBS logo9SBSCompanhia de Saneamento Básico do Estado de São Paulo - SABESPAug 12, 2026
Mkt Cap$18.4B
EPS Act.$0.07
EPS Est.$0.09
Surprise-22.1%
Reaction-7.0%
SectorUtilities
GEV logo10GEVGE Vernova Inc.Jul 22, 2026
Mkt Cap$263B
EPS Act.$2.47
EPS Est.$3.17
Surprise-22.1%
Reaction-4.4%
SectorUtilities
AQN logo11AQNAlgonquin Power & Utilities Corp.Aug 7, 2026
Mkt Cap$3.9B
EPS Act.$0.04
EPS Est.$0.05
Surprise-20.0%
Reaction-1.6%
SectorUtilities
NRG logo12NRGNRG Energy, Inc.Aug 4, 2026
Mkt Cap$20.1B
EPS Act.$1.49
EPS Est.$1.69
Surprise-11.8%
Reaction-12.8%
SectorUtilities
Robert Gaudette, President & CEO

Today we provided a progress update on our Bring Your Own Power data center strategy. This is the model for how large load growth should work. The customer supports the investment, with reliability and affordability protected for all. We also delivered a solid second quarter and are reaffirming our 2026 guidance. I am confident in the discipline and execution that continue to drive NRG forward.

AEP logo13AEPAmerican Electric Power Company, Inc.Jul 30, 2026
Mkt Cap$65.1B
EPS Act.$1.36
EPS Est.$1.48
Surprise-8.1%
Reaction-1.2%
SectorUtilities
PPL logo14PPLPPL CorporationAug 7, 2026
Mkt Cap$24.7B
EPS Act.$0.33
EPS Est.$0.34
Surprise-3.1%
Reaction+1.1%
SectorUtilities
Vincent Sorgi, President and CEO

Our solid second-quarter results demonstrate continued execution across our regulated utility portfolio and keep us on track to deliver our 2026 commitments.

AES logo15AESThe AES CorporationAug 4, 2026
Mkt Cap$10.6B
EPS Act.$0.44
EPS Est.$0.45
Surprise-2.2%
Reaction-0.1%
SectorUtilities
EMA logo16EMAEmera IncorporatedAug 7, 2026
Mkt Cap$14.7B
EPS Act.$0.49
EPS Est.$0.50
Surprise-2.2%
Reaction-1.7%
SectorUtilities
PNW logo17PNWPinnacle West Capital CorporationAug 4, 2026
Mkt Cap$11.6B
EPS Act.$1.43
EPS Est.$1.46
Surprise-2.0%
Reaction+0.7%
SectorUtilities
Ted Geisler, Chairman, President and Chief Executive Officer

Summer arrived early this year, with temperatures reaching 105° F back in March. As a result, our customers turned on their air conditioners sooner than usual and continued using them heavily even after temperatures returned to levels similar to last year.