From TokenPost · · 40s
S&P 500 Reporters Beat Earnings Estimates
84% of S&P 500 companies beat Q3 earnings estimates early in the season.
In brief
84% of S&P 500 companies beat Q3 earnings estimates early in the season. Eighty-four percent of S&P 500 companies that reported third-quarter results exceeded earnings estimates by Oct. 21. Originally reported by TokenPost.
Early S&P 500 Results
Eighty-four percent of S&P 500 companies that had reported third-quarter results beat estimates by the morning of Oct. 21.
Reporting Coverage
At 9 a.m. ET (13:00 UTC), roughly 9% of companies in the index had released results.
Earlier Update
An earlier update on early S&P 500 earnings results put the share of early reporters beating estimates at 83% while covering 24 major companies reporting that week.
The bottom line
Eighty-four percent of S&P 500 companies that reported third-quarter results exceeded earnings estimates by Oct. 21.
