FYI: More than 2,300 companies have reported earnings this season, and below we break down the percentage of stocks by sector that have beaten consensus analyst earnings and revenue estimates. For all stocks that have reported this season, 61% have beaten bottom line EPS estimates, while 53% have beaten top line revenue estimates. Four sectors have stronger earnings beat rates than 61% — Technology (69%), Consumer Discretionary (65%), Health Care (65%), and Telecom (64%). The Materials sector has by far the weakest beat rate at just 46%, while Utilities, Energy, Financials and Industrials are all under 60%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/top-and-bottom-line-beat-rates-by-sector/
Comments
Is there a way to find out what companies are growing market share globally...especially in Emerging Markets?
One way I form an unscientific list of potential companies growing market share is to watch soccer from Latin America and pay attention to the ads on the uniforms and around the stadium.