Earnings Update: As Expected, Companies Beat Expectations

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Earnings

Will the stock market rally continue? That’s a big question right now, and the answer will depend on two things: Whether the fundamentals (i.e., corporate earnings) continue to improve Whether investor confidence continues to rise, driving valuations higher The signs on the latter look good. So today, we’ll take a last look at earnings for the fourth quarter of 2016, to see what the results can tell us about the future. How did we do? About six weeks ago, I wrote about how I expected the earnings season to evolve. At the time, only 6 percent of companies had reported,…

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