Investors can't blame the stock market's bumpy ride so far this year on S&P 500 earnings, which could end the reporting period with the best quarterly growth in more than two years. At the same time, fourth-quarter earnings growth has clocked in at 9.5 percent above year-ago results, better than the 7.6 percent expected when the period began. On average, those that beat on both metrics are up 2.1 percent in the five days that followed their results, according to Bank of America Merrill Lynch research, while those that missed on both are down 5.6 percent in that time. In all, 68 percent of S&P 500 companies' results are beating analysts' expectations on earnings, above the 63 percent long-term average, while 66 percent are exceeding forecasts on revenue, which would be the best "beat rate" since the second quarter of 2011, Thomson Reuters data showed.
via Business News - Yahoo Finance http://ift.tt/1bmSc4k
0 commentaires:
Enregistrer un commentaire