We’re about halfway through earnings season, and so far so good. About 75% of reporting companies have topped earnings estimates, while 84% have beat last year’s operating earnings figures.

The most earnings ‘beat’ successes have come - ironically - from the utilities sector, which was supposed to be a poor performer for Q3. The consumer discretionary sector and industrials sector have easily topped estimates as well.

On the weak end of the earnings scale so far has been energy stocks; less than half have beat earnings estimates, while ‘only’ 72% have topped year-over-year results for the third quarter (which is actually on the low side of the scale). Take a look at the scoreboard as of the 26th of October, with about 40% of companies reporting.
Earnings ‘Beats’ by Sector

Here are the major earnings unveilings slated for this week.

Earnings Calendar

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