Earnings Beat Rates and Key Reports

Slightly more than 200 US companies have reported earnings since Alcoa (AA) kicked things off on April 7th. As shown below, 57% of these companies have beaten analyst estimates. After a weak showing last quarter, the "beat" rate is currently even lower this quarter. But things still haven't gotten as bad as they did in late '98 and '01, and based on the performance of stocks since earnings season began, investors seem to like the 57% beat rate.

Below we highlight key companies reporting earnings for the rest of the week. For each stock, we include a portion of the data from our earnings calendar available to Bespoke Premium subscribers. Along with current EPS estimates and its change over the last month, we also include the EPS "beat" rate for each stock based on quarterly reports since 2001, along with the average 1-day price change in reaction to earnings reports.

Comments

[raman kandola:]

I am looking for AAPL to ho high in $190 with a superb guidance.

2008 Apr 21 06:43 PM

[locke:]

How many lowered estimates just prior to reporting?

2008 Apr 22 12:04 AM

[jayz:]

beating lowered estimates is something to be proud of???

2008 Apr 22 04:11 PM

[Ajoy:]

No. But it should, and has, gotten the stock back to the level
it was at before guidance was lowered.


On Apr 22 04:11 PM jayz wrote:

> beating lowered estimates is something to be proud of???

2008 Apr 25 05:05 PM