$SPY | This week, one of the busiest for Q1 earnings, saw over HALF of the S&P 500 companies BEAT on both EPS and revenue.
Of the 156 companies (31% of the $SPX) that reported:
In terms of EPS:
‣ BEAT: 125
‣ MISS: 28
‣ in-line: 3
In terms of Revenue:
‣ BEAT: 89 companies exceeded forecasts.
‣ MISS: 64 missed.
‣ in-line: 3 matched precisely.
So far this quarter, of the 209 companies that have reported:
81% have Beaten EPS estimates.
55.5% have Beaten revenue expectations.
Of the 156 companies (31% of the $SPX) that reported:
In terms of EPS:
‣ BEAT: 125
‣ MISS: 28
‣ in-line: 3
In terms of Revenue:
‣ BEAT: 89 companies exceeded forecasts.
‣ MISS: 64 missed.
‣ in-line: 3 matched precisely.
So far this quarter, of the 209 companies that have reported:
81% have Beaten EPS estimates.
55.5% have Beaten revenue expectations.