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Friday
Nov062009

Another Dip in the Earnings Beat Rate

DateFriday, November 6, 2009 at 12:29PM

More than 1,800 US companies have now reported third quarter numbers, and as shown below, the percentage of them that beat earnings estimates has dropped below 70% to 69%.  Based on the first half of earnings season, it looked like this quarter might register the highest "beat" rate in at least a decade, but if the trend continues, this quarter might not even beat the 68% reading seen in Q2 '09.  Earnings season ends next Thursday when Wal-Mart reports.


Beatrate1106


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