Companies have generally managed to perform well against the consensus of earnings forecasts, with around 77% of S&P 500 firms reporting in Q1 considered earnings outperformers. That rate is higher than the normal rate of around 74% recorded in the first three months of a year, with earnings outperformers beating historical trends.
With about 80% of the major names having reported so far, some big companies that are still likely to move the market have yet to update investors on their Q1 financials. Even though the number of firms reporting earnings is declining as the season comes to an unofficial end, there are still some potential earnings outperformers left to deliver strong results despite an already solid market.
This post appeared first on InvestorPlace.