Monday, April 25, 2011

How Do Top Line Numbers Look?

by Bespoke Investment Group

Last week we did a post on how earnings were coming in versus expectations this earnings season, and below we highlight how revenues are doing. While bottom line numbers got off to a slow start, top line sales numbers have been strong so far. As shown below, the revenue "beat rate" currently stands at 73% this earnings season, which would be higher than any other earnings season during the current bull market if the reporting period were to end today. 



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