April 23, 2010 at 19:04 PM EDT
Strong Q1 Earnings Trouncing Forecasts
Companies across sectors are beating top- and bottom-line expectations in the first quarter. Though the comparisons get tougher from here, bullish analysts are raising estimates going forward. With 172 of the S&P 500 companies reporting, 83% have beaten earnings expectations, a record pace, according to Thomson Reuters. Typically 61% of firms beat. Collectively, companies are beating views by 21%. Financials, with big numbers out from the likes of
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