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3 Things You Need to Know About the 2nd Best Earnings Season in History

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26.08.2021

Last year we saw earnings crashes that had to be seen to be believed.

And this year, we're seeing the opposite, which is why the S&P 500 just smashed the record for the fastest doubling from bear market lows.

But of course, the easiest profits have already been made. This is why it's important to know three things about the 2nd best earnings season in history.

Both to keep enjoying strong long-term profits in late 2021 and 2022, but also to avoid painful and costly mistakes in the coming months and years.

Q2 2021 represents the 2nd best earnings season in recorded history, at least as far as FactSet is concerned.

With 91% of companies reporting, 87% have beaten sales expectations, the highest ever recorded.

And those beats were despite incredibly high expectations.

The revenue surprise percentage for Q2 2021 of 4.9%........

© Entrepreneur


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