Report published August 17, 2026
Raymond James Earnings Blast: 2Q26 S&P 500 Results & Retail Outlook
Source and citation context
- Issuer
- Raymond James
- Report date
- August 17, 2026
- Analysis as of
- August 14, 2026
Authors / editors: Larry Adam (Chief Investment Officer)
Finvaulta summarizes Raymond James's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
The 2Q26 earnings season nears completion with 85% of S&P 500 companies beating EPS estimates and index-level EPS expanding 49.4% (30% organically). Investor focus turns to major retail earnings this week to assess consumer health.
Key Takeaways
- 1.With 84% of S&P 500 market cap reported, 85% of companies beat 2Q26 EPS estimates by 29% in aggregate, driving 49.4% overall index EPS growth (30% ex one-time items).
- 2.Focus shifts to retail and consumer spending patterns in the upcoming week with reports from Walmart, Target, Home Depot, Lowe's, TJX, and Ross Stores.
- 3.Management commentary highlights strong visibility into 2027 for AI infrastructure demand and evolving tariff dynamics affecting second-half profitability.
Table of Contents
- The Week Prior
- The Week Ahead
- % of Market Cap Reporting by Sector (8/17-8/21)
- Second Consecutive Quarter of 20%+ EPS Growth
- Forward Estimates March Higher
- Weekly Reporting Calendar
- A Closer Look
- Sector Roundup
- Transcript Spotlight
- Disclosures
Report data
Sector Roundup — as of August 14, 2026.
| Metric | Estimate | Context |
|---|---|---|
| S&P 500 2Q26 EPS Growth | 49.4% | Year-over-year EPS growth for the S&P 500 in 2Q26. |
| S&P 500 2Q26 EPS Beat Rate | 84.7% | Percentage of S&P 500 companies beating 2Q26 EPS estimates. |
| S&P 500 2Q26 Sales Growth | 15.4% | Year-over-year revenue growth across S&P 500 companies. |
| S&P 500 Organic EPS Growth (ex one-time items) | 30.0% | EPS growth excluding supportive one-time items. |
| Energy Sector EPS Growth | 145.4% | Highest EPS growth sector in the S&P 500. |
Reports in this series
Earnings Blast is shown in chronological order through this edition, published on August 17, 2026.
Part of the Earnings Blast series — view all 4 editions
- May 11Earnings-Blast
- May 19Earnings-Blast
- Jul 13Earnings-Blast
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Authors / Editors
Reported Data Context
- S&P 500 2Q26 EPS Growth: 49.4 % (2Q26) · Source: FactSet
- S&P 500 2Q26 EPS Beat Rate: 84.7 % (2Q26) · Source: FactSet
- S&P 500 2Q26 Sales Growth: 15.4 % (2Q26) · Source: FactSet
- S&P 500 Organic EPS Growth (ex one-time items): 30.0 % (2Q26) · Source: FactSet
- Energy Sector EPS Growth: 145.4 % (2Q26) · Source: FactSet