FYI: Just over 300 companies (around 15% of all companies) have reported earnings so far this season, giving us enough data to go ahead and take a look at the earnings and revenue beat rates for the quarter. So far this season, 64.9% of companies have beaten bottom-line consensus analyst earnings estimates, while just 49.3% of companies have beaten top-line revenue estimates. As shown in the charts below, the earnings beat rate looks strong compared to past quarters during this bull market, while the revenue beat rate looks very weak.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/10/22/eps-strong-revenues-weak.html?printerFriendly=true
