Total earnings for the 450 S&P 500 members that have reported results already are +0.6% on +5% higher revenues, with 77.1% beating EPS estimates and 59.3% beating revenue estimates. The proportion of these 450 companies beating both EPS and revenue estimates is 51.3%.
The comparison charts below put these results in a historical context
The reporting cycle shifts towards the Retail sector, with Macy’s (M - Free Report) and Wal-Mart (WMT - Free Report) coming out with quarterly results.
Looking at Q1 as a whole, earnings growth is expected to be effectively flat (down -0.1%) on +5.1% higher revenues
For more details about the Q1 earnings season and the overall earnings picture, please check our weekly Earnings Trends report >>>> Detailed Look at Q1 Earnings Season
Zacks' Top 10 Stocks for 2019
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