STAT OF THE DAY: COULD THE ANALYSTS BE MORE WRONG?
I thought this was going to be a very strong earnings season, but it is even surpassing my lofty expectations. From Thomson Reuters:
Roughly 15% of the S&P 500 has reported earnings thus far. Of those companies 84% have outperformed expectations. The percentage of companies that have missed estimates thus far? 9%.
Truly amazing. Could the analysts be more wrong?
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.