With 99% of companies now reported, Q1 S&P 500 EPS growth is tracking a tremendous 52.4% year-over-year increase and more than double the expectation when earnings season began. Keep in mind the average upside surprise going back to 2010 is a mere 6%. Just as impressive, revenue is on track to grow 10.8%, four percentage points above the March 31 estimate and the most upside FactSet has ever recorded.
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Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update