Hickey and Walters (Bespoke) submit:
After another 600+ US companies reported earnings this week, the earnings "beat rate" dropped slightly from 57% to 56%. Currently, 1,163 out of 2,076 companies that have reported since April 7th have announced better than expected earnings per share. As shown, the "beat rate" has fallen from the mid-60s over the last few quarters, but it's not yet at the low-50 levels seen during the last bear market.
click to enlarge
Complete Story »
