Most Positive S&P 500 Reactions to Earnings

So far this earnings season, 66% of S&P 500 companies have beaten analyst earnings expectations. But stock price response is the ultimate tell of whether a company had a positive or negative report. Below are all of the S&P 500 stocks that have gone up more than 10% on the first trading day following their earnings reports. As shown, Bed Bath and Beyond (BBBY), which reported on the first day of earnings season, still has the lead with a 1-day change of 24.26%. Pactiv (PTV), US Bancorp (USB), Eastman Chemical (EMN), and American Express (AXP) are the only other S&P companies that have gone up more than 20%. Consumer Discretionary names dominate the list of winners, as investors seem to have underestimated the consumer.