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Surprising Earnings Estimates

Markets

By Jeffrey Viksjo

Recent volatility in the stock market has masked another record earnings season, with more S&P 500 companies beating earnings estimates this quarter (nearly 80%) than ever before.

Despite the strong run up in their share prices last year, and into this year, several large technology companies still managed to beat the market’s expectations (including Amazon and Netflix) sending their shares to new highs.


Source : Bloomberg via Daily Shot


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