CNBC Daily Open: Earning’s better than revenue this season

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More than 88% of reporting companies have surpassed earnings estimates. However, only 62% have beaten revenue expectations.

Visitors wearing emblematic Mickey and Minnie Mouse ears look on, in front of the Sleeping Beauty-inspired castle at Disneyland Paris, in Marne-la-Vallee, east of Paris, on October 16, 2023. characters.This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribein extended trading after the company reported quarterly earnings.

But for investors hoping to time markets and reap quick gains on those events, CNBC's Bob Pisani has a warning. "The idea that you can predict the future direction of stock prices, and act accordingly — is not a successful investing strategy,"Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are.

 

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