Markets: Let’s have a look at companies’ results so far

Before the opening of Wall Street on Wednesday February 20, more than 80 % of the companies in the S&P 500 have released their figures. It’s time to have a first assessment.

The financial research company FactSet publishes a weekly review of quarterly reports (which is also freely available on its website). In its latest issue, we learn that 70% of the companies that have already posted their results have reported actual EPS above the mean EPS estimate, which is slightly below the five-year average of 71%. In aggregate, earnings have exceeded expectations by 3.5%, which is below the five-year average of 4.8%.

Source:FactSet

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