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MRKT Call: Follow the Flows

RiskReversal Pod

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The S&P 500 Earnings Integration Blog

This was one of the weaker earnings seasons we've seen in quite some time in terms of the performance versus estimates so overall we saw 68% of companies beat now again that sounds like a good headline number but in fact it's actually below the five-year average below the 10-year average. In aggregate the companies only beat the essence by 1%. Less than half the companies in communication services sector beat estimates and overall in aggregate companies in that sector missed estimates by 5%. Financials down some 14 and a half percent I think would surprise some people as well JBYeah and we had some high-profile misses in the financial sector as well but overall you know the top performers again no surprise like

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