FYI: So far this earnings season, 523 companies have reported their quarterly numbers. Of those 523 companies, 65.6% have reported EPS that were stronger than consensus analyst expectations. Below is a chart showing the historical earnings beat rate for U.S. stocks by earnings season going back to 1999. Historically, the average beat rate has been right around 60%, so this season is stronger than average thus far.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/q2-2015-earnings-beat-rate/
