FYI: As shown, the earnings beat rate for all stocks that have reported over the last ten years has been 62%. So just over six stocks in ten beat their quarterly EPS estimates. Technology sector stocks beat earnings at a much higher rate — 69%. That’s six percentage points above the next closest sectors — Consumer Discretionary, Health Care, and Industrials, which all have beat rates of 63%.
The Telecom sector has the lowest beat rate and the only beat rate that is less than 50%. Utilities, Materials, Energy and Financials all have beat rates below 60%.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/earnings-season-sector-beat-rates-and-volatility/
