Overall Recap Of the companies that reported last week, 54% beat EPS expectations and 44% missed EPS expectations. In addition, 50% beat Revenue expectations and 50% missed Revenue expectations. The company who beat EPS expectations by thelargest amount was Galapagos NV (GLPG.AS) with a positive 145.3%surprise. The company who missed EPS expectations by the largest
Third quarter earnings are expected to increase 2.4% from Q3 2016. Excluding the Energy sector, earnings are expected to decrease 1.4%. Third quarter revenue is expected to increase 3.6% from Q3 2016. Excluding the Energy sector, earnings are expected to increase 1.6%. 193 companies in the STOXX 600 have reported earnings to date for Q3
The SPX’s low from yesterday was not taken today in a volatile day. The VIX printed a new high this week. On the other hand, other international indexes appear stronger. The House of Representatives on Thursday delayed a vote on legislation to begin dismantling Obamacare as President Donald Trump and leaders in Congress labored to
After Yellen and Fischer speeches, many respected analyst are now assigning 100% odds to a rate increase in March. I am are assigning 87% probability we need to know the jobs report that will be released this Friday. If the report is strong, the odds in our analysis will also go up. China set the growth