Earnings Beat

As we are in the heart of the earnings season, 56% of companies in the S&P 500 have reported second quarter earnings, according to FactSet. Companies are so far reporting earnings that are 3.1%  above estimates, which is below the five-year average of 8.8% above estimates. Among S&P...

Ann Larson of Bernstein commented in a note that through November 11, 88 percent of S&P 50 companies reported their third-quarter earnings – of which, 79 percent beat or met analysts' earnings estimates. From a historical perspective, only 75 percent of companies managed to beat or meet...