2min chapter

The Compound and Friends cover image

Six Reasons to Stay Worried

The Compound and Friends

CHAPTER

Stocks That Beat Estimates on Earnings

If you take energy out, earnings are up 1.4% is that good? Yeah, it's pretty damn good considering what's going on. 316 stocks have reported earnings this week. 73% beat earnings per share, 64% beat sales and more raised guidance than lowered. But the average one day change on earnings has been a big drop of 1.6%. Even stocks that have beaten estimates on the earnings side have dropped 0.11%.

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