EL7.AI
StocksUpdated×2•Originally published 22 July 2026•Updated 22 July 2026•
1 min read

NESR and Nasdaq Projected to Beat Estimates as Earnings Optimism Grows

Key Facts

1GlobalFoundries (GFS) is projected to potentially beat earnings estimates in its upcoming quarterly report.
2Nasdaq (NDAQ) shows positive indicators for a potential earnings beat based on its historical surprise record.
3Analyses predict strong performance for transportation firms Norfolk Southern (NSC) and Old Dominion (ODFL) in their next financial results.

As the quarterly earnings season approaches, positive indicators are emerging for several major US corporations, reflecting analyst optimism for potential beats. According to reports, National Energy Services Reunited (NESR) has emerged as a top candidate for an earnings surprise with a 'Strong Buy' rank, joining Nasdaq (NDAQ) which continues to show strength based on its historical surprise record. These bullish projections also extend to GlobalFoundries and transportation firms like Norfolk Southern following favorable analyst revisions.

In terms of financial context, NESR currently holds a positive Earnings ESP of +7.80% and a historical average surprise of 23.44% over the last two quarters. Regarding market performance, NDAQ closed at $90.24, while GFS stood at $59.39 per market data as of July 21, 2026. In the transportation sector, NSC closed at $331.3 and ODFL at $234.79 on the same date, reflecting the market's positioning ahead of official disclosures.

Traders should monitor current price levels, with NDAQ at $90.24 and GFS at $59.39 (close July 21, 2026). In the absence of immediate upcoming macroeconomic catalysts in the economic calendar for these specific firms, the actual earnings releases for NESR and its peers remain the primary focus for price action on Wall Street.