Q2 Earnings Season Mixed Results Driven by AI Data Center Demand and Consumer Recovery

실적/어닝스 | Wed Jul 29 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 10 sources

Seagate, Bloom Energy, Coca-Cola, and Ford delivered earnings beats while Corning and Boeing disappointed in Q2 results.

Analysis

[Seagate Technology] beat fiscal Q4 earnings on AI storage demand ^[1]

Revenue of $3.6 billion
up 48% year-over-year
Adjusted EPS of $5.71 vs consensus of $5.10
Shares rebounded in after-hours trading

[Bloom Energy] surpassed $1 billion in quarterly revenue and raised annual guidance ^[2]^[3]

Shares surged over 10% in after-hours trading
Positioned as the standard for AI on-site power
Second guidance raise for 2026

[Coca-Cola] hit all-time high on FIFA World Cup marketing boost ^[4]^[5]^[9]

Adjusted EPS of $0.97 and revenue of $13.38 billion beat consensus
Coca-Cola volume grew 5%
the largest quarterly growth in 17 years
2026 organic revenue growth guidance raised to 5%

[Ford Motor] beat Q2 earnings and raised 2026 annual guidance ^[7]

Adjusted EPS of $0.42 vs $0.35 expected
Annual adjusted EBIT guidance raised to $10-11 billion
Shares up approximately 7% in after-hours trading

[Corning] plunged 12% on disappointing guidance despite earnings beat ^[6]

EPS of 78 cents and revenue of $4.74 billion beat estimates
Next-quarter revenue outlook of $4.9-5.0 billion below consensus
Optical component stocks Marvell
Lumentum
AXT
and Coherent also declined

[Boeing] posted unexpectedly large loss on Air Force One cost burden ^[8]

Adjusted loss of 76 cents per share
far worse than expected 30 cent loss
Booked $280 million loss on Air Force One program
Revenue of $24.56 billion
up 8% year-over-year

[UPS] beat Q2 earnings but forecast flat Q3 domestic revenue ^[10]

Adjusted EPS of $1.76 vs $1.66 expected
Annual guidance raised to $91.2 billion revenue and approximately $7.22 EPS
Shares closed down approximately 6%

Sources