Monday kicks off the busiest week of earnings season with 20% of the S & P 500 set to report. Investors are watching quarterly financial results closely to see how companies have been managing high inflation and looking for insight on the likelihood and severity of a coming recession. To date, 143 companies, or 29% of the S & P 500 have reported earnings so far for the fourth quarter, according to Refinitiv. Of those firms, 68% have exceeded expectations and 4% have matched them.
Pro found a handful of names, using data from Bespoke Investment Group, that both beat per-share earnings estimates at least 70% of the time and also rise 1%, on average, on earnings day. Here are six of the names: Apple is one of the biggest names that turned up and has one of the highest beat rates in the group. Of 85 prior reports, the tech giant has beaten earnings per share forecasts 89% of the time and sales expectations 79% of the time, according to Bespoke. Its stock price gains 1.
No article - Advertisement to buy pro news subscription Twitter
CNBC your station for rallies and pivots where all news is good news tune in for the truth. 🤣
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: THR - 🏆 411. / 53 Прочитайте больше »