Only 24 companies reported earnings last week, and below is a snapshot of how they fared. While three of the four big companies (in yellow) that reported struggled following their reports, the majority actually did well. The average one-day change of the stocks that reported was +2.54%, and 75% of companies beat earnings estimates.
Mattress Firm (MFRM) did the best with a gain of 17.
Earnings season is winding down this week, with just a dozen major firms reporting quarterly results. The retail sector remains closely in focus, as giants like Tiffany & Co. and PVH announce earnings. Below is this week's earnings ... Read Post
So far, 91 companies have reported 1Q results (28% of total S&P 500 market capitalization). 37% of companies reporting have beaten earnings estimates (below the historical average of 47%) and 13% have missed estimates (vs. average o... Read Post
Next week will be extremely busy on the earnings front with no less than 550 companies set to report their first quarter numbers. Below is a list of some of the largest and most widely followed companies set to report. For each stoc... Read Post