Earnings season is winding down, but this week features the reports of several companies that usually report better earnings than Wall Street expects.
More than 60% of companies in the S&P 500 have reported results, and more than 70% have beaten expectations as of Thursday, according to FactSet.
Five large companies reporting this week have consistently topped estimates during the past four years, or more, according to Bespoke. That doesn’t make them sure-fire buys, however, as two have seen their shares decline on average, despite the beats.
SOURCE: https://www.cnbc.com/2020/02/07/shopify-among-companies-to-report-earnings-in-the-week-ahead.html
