« Sector Breakdown of Earnings Day Performance | Main | S&P 500 Tests 200-DMA »
Wednesday
May192010

Worst Earnings Season in at Least a Decade for Stocks

DateWednesday, May 19, 2010 at 01:28PM

We track the one-day performance of every stock that reports earnings throughout earnings season.  This earnings season, the average stock that reported went down 0.96% on its report day.  (For companies that report in the morning, we use that day's change.  For companies that report after the close, we use the next day's change.)  As shown below, not even during the '08 bear market did stocks do so poorly on their report days.

Want actionable advice from Bespoke?  Subscribe to Bespoke Premium today. 

CommentPost a Comment | | | Print ArticlePrint Article |
in

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
Alert
Comment Sent to Moderator
Due to the inordinate amount of spam comments posted on our site recently, we are now forced to approve comments before they are posted on the website. We apologize for any inconvenience this may cause.

Notify me of follow-up comments via email.