More than 2,000 companies have reported earnings since the Q2 reporting period began on July 11th.  Of these 2,000+ reports, 65% posted EPS numbers that were stronger than consensus analyst expectations.  That’s a strong reading relative to past earnings seasons over the last five years.

Below is a look at earnings beat rates by sector this season.  As shown, the strong overall beat rate of 65% has been driven by Technology, Industrials and Health Care.  A whopping 74% of Tech stocks have beaten consensus analyst EPS estimates.  Now you know why the sector is on fire lately!  The Industrials sector beat rate is at 67%, while it’s 66% for Health Care.

The Utilities sector has the lowest beat rate at 51%.  If there’s a sector you want to see in last place for this reading, it’s Utilities!  Start a 14-day free research trial to see additional earnings-season analysis.



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