Q4 earnings season is in full swing, and results are strong. With 59% of the S&P 500 having reported, both the EPS and sales beat rates are well ahead of historical averages. Moreover, forward 12-month EPS estimates surged 3.5% in a single week.
As well, estimates are surging across all market cap bands.
But it's not all good news for earnings and the stock market.
The full post can be found here.
A good news-bad news earnings season
February 08, 2021 at 16:21 PM EST