We are past the peak of earnings season, and about 87% of the S&P 500 companies have already released their quarterly numbers, FactSet reports.
About 75.6% of the S&P 500 companies have reported above-consensus earnings, according to Benzinga Pro data. The percentage of beat drops to about 63% when all companies are included.
A look back at the past week's earnings trend shows thatAdvanced Micro Devices, Inc.(NASDAQ:AMD) disappointed with its below-par third-quarter revenue guidance. Chinese e-commerce giantAlibaba Group Holding Limited(NYSE:BABA) reported flat revenue performance for the first time ever.
Here are the...
Login or create a forever free account to read this news
Sign up/Log in