In general the large caps are doing way better than expectations
Quote:
The blended year-over-year earnings-per-share (EPS) growth estimate for the S&P 500, which includes results already reported and the average estimates of analysts of coming results, is now positive 0.2%, with six of the 11 sectors showing positive growth, according to FactSet.
That compares with a growth estimate of negative 13.1% when the quarter started (as of Sept. 30), with 10 sectors showing declines, and an estimate of negative 6.9% growth as the earnings-reporting season kicked off in mid-January.
|
PayPal reported this afternoon and is up nearly 6% after hours