Earnings Season Much Better Than Expected, But Beats Not Rewarded, And Misses Are Hammered

Now that Q1 earnings season is more than three-quarters of the way through, below we share some of the most notable talking points across sellside research.

Overall:

• So far 1Q earnings season far better than feared with 1Q growth tracking +12%, double the +6% expected, and a solid improvement to the 7% EPS growth logged a year ago.