So far this earnings season, 67% of the companies that have reported have beaten consensus bottom-line earnings estimates.  For top-line revenues, 52% of companies have beaten estimates.  Below is a look at the earnings and revenue beat rates that we’ve seen this season by sector.  As shown, Consumer Staples, Utilities and Health Care have seen the strongest earnings beat rates, while Telecom, Financials and Technology have seen the weakest.  In terms of revenues, Consumer Staples, Health Care, Financials and Consumer Discretionary have seen the strongest beat rates, while Industrials, Energy, Utilities and Materials have seen the weakest.

If you’d like to see how the beat rates this season stack up to prior earnings seasons during this bull market, sign up for a 5-day free trial to Bespoke Premium or Bespoke Institutional.  We’ve just published an Earnings Season Update that covers everything that has gone on, including how stock prices are reacting to stronger or weaker than expected reports.  Remember, you only have until May 3rd to sign up with our grandfathered subscription pricing, so head on over to our Subscribe page to lock in prices now!

Subscribe Now at Grandfathered Rates

Print Friendly, PDF & Email