The fourth quarter earnings season came to an end yesterday with Wal-Mart's (WMT) report.
Below we highlight the final earnings and revenue beat rate for all US companies that reported this earnings season. For the third quarter in a row, 68% of companies beat earnings estimates.
The revenue beat rate was really strong this quarter at 70% -- the highest reading since Q4 '04. Does this put the "strong bottom line, but weak top line" bearish argument to rest? (Click to enlarge)
