FYI: The third quarter earnings season closed its doors yesterday with Wal-Mart's (WMT) report. For the full season, 62.1% of the 2,400+ companies that reported earnings beat consensus analyst EPS estimates.
Below is a breakdown of the earnings beat rate by sector this season. As shown, Technology sector stocks beat earnings estimates at the highest rate. 71.3% of Tech stocks beat estimates. The next closest sector was Health Care at 66%.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/11/14/technology-finished-on-top.html?printerFriendly=true