Earnings Season So Far: Only 7% of Companies Guiding Higher
January 29, 2007
| about: SPY
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With over 33% of S&P 500 companies reporting this earnings season, the percentage of companies beating estimates now stands at 69% compared to the 60% we saw early last week. The percentage of companies guiding higher remains at low levels however, registering at 7%, which is as low as we've seen since July 2003.
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