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Wednesday, July 28, 2010

Earnings Season has Been Strong

Bespoke Investment Group (hat tip Abnormal Returns):

S&P 500 stocks have been beating earnings estimates at a much higher rate. Through yesterday, 78.8% of S&P 500 companies had beaten expectations. Interestingly, the high beat rate for the S&P 500 hasn't translated into better stock performance.


Source: S&P