Top-Line Beats Are the Lowest in Over 5 Years

Q1 earnings season is off to a lackluster start

Q1 earnings season is off to a lackluster start in terms of both revenues and earnings. Below, below, below & below. 

1. 71% of reporting companies beat the consensus of Wall Street analysts’ earnings per share expectations. That is BELOW the 1-, 5-, and 10-year averages of 77, 77, and 75%, respectively.