Fewer S&P companies than normal are exceeding expectations
Fewer S&P companies than normal are exceeding expectations
Only 47.1 percent of companies in the Standard & Poor’s 500 Index that posted quarterly results between Dec. 1 and yesterday exceeded the average projection, Bloomberg reported. So-called positive surprises have surpassed 50 percent in every other quarterly reporting period for the past four years. The previous low was 51.5 percent in the third quarter of 2008.
Only 47.1 percent of companies in the Standard & Poor’s 500 Index that posted quarterly results between Dec. 1 and yesterday exceeded the average projection, Bloomberg reported.
So-called positive surprises have surpassed 50 percent in every other quarterly reporting period for the past four years. The previous low was 51.5 percent in the third quarter of 2008.
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