which productsWal-Mart (WMT) reported earnings yesterday, marking the unofficial end to the Q1 earnings season.  For the full season, 60% of the 2,500+ companies that reported beat consensus analyst earnings per share estimates.  For top-line revenues, just 50% of companies beat consensus analyst estimates.

Below is a chart that shows the earnings and revenue beat rates this season by sector.  As shown, the Technology sector had the highest earnings beat rate at 69%, followed by Consumer Staples at 66% and Consumer Discretionary at 62%.  Energy stocks beat earnings estimates at the lowest clip (just 50%).

Technology also had the strongest revenue beat rate this season at 59%.  Financials had the second best revenue beat rate at 57%, while Health Care and Consumer Discretionary both came in at 51%.  Utilities, Energy, Materials and Industrials had the lowest revenue beat rates.

Looking for the best and worst stocks and sectors this earnings season?  Sign up for a 5-day free trial to Bespoke Premium to see our full Q1 earnings season analysis in this week’s Bespoke Report newsletter due out Friday.  Act now and use “earnings” in the coupon code section of our Subscribe page to receive a 10% discount on your new membership!

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