Number Of Companies Beating Revenue Estimates Hits Lowest Level In Two Years

Saturday, April 25, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
04/25/2015

“If 47% is the final percentage for the quarter, it will mark the lowest percentage of companies reporting sales above estimates since Q1 2013 (also 47%). Since Q3 2008, the percentage of companies reporting sales above estimates has finished below 50% only 6 times,” FactSet notes. In a world where buybacks are king and capex is now a four letter word in more ways than one, this is not surprising.

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