Revenue Beat Rates

Includes: RWJ, RWK, RWL
by: Bespoke Investment Group

The percentage of companies that have beaten earnings per share estimates so far this earnings season currently stands at a healthy 74%. But how do top-line numbers compare to the bottom line? As shown below, 61% of companies have beaten revenue estimates this season. If earnings season were to end today, it would mark the third consecutive quarter-over-quarter decline in revenue beat rates. While EPS numbers have been strong, top-line numbers have struggled a bit this quarter.

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