Record share of companies are beating earnings estimates

Record share of companies are beating earnings estimates With the earnings season more than halfway over, most companies in the S&P 500 have surpassed analysts’ profit expectations. As of Friday, results from 87% of those that have reported were better than expected, according to Refinitiv. That is above the historical average of 65% and on pace for the highest share since Refinitiv began tracking the metric in 1994. https://ift.tt/3eQEMRB https://ift.tt/3aXR8q7 Markets May 3, 2021 at 10:15PM