More than 2,400 companies have reported earnings since this quarter’s reporting period began back on July 11th.  As shown below, 64% of the 2,400 companies have beaten consensus analyst earnings estimates.  Earnings season comes to an end next Thursday when Wal-Mart (WMT) reports, but if the 64% reading holds, it will be the highest beat rate since the Q4 2010 reporting period.

While the bottom-line earnings beat rate currently sits at 64% this season, the top-line revenue beat rate stands at 56%.  While relatively low compared to revenue beat rates going back to 1999, if 56% holds through next Thursday, it will be the highest top-line beat rate seen since Q4 2014.

beats and revenues

 

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