As Second Quarter Earnings Beat Approaches Guidance Keeps Looking Worse – ValueWalk Premium

As Second Quarter Earnings Beat Approaches Guidance Keeps Looking Worse

The majority of S&P 500 (.INX)  index companies reported first-quarter earnings results beating estimates, while less than half beat their revenue estimates. Greg Harrison of Thomson Reuters in the earnings round up report notes that since the beginning of the second quarter, a majority of the S&P 500 index companies reported first-quarter earnings results beating estimates. However, on the revenue . . .

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