As earnings season is winding down, Economatica explores corporate earnings for the second quarter and confirms excellent improvement across the board.
We used the Economatica system to examine the 2nd quarter Earnings Per Share (EPS) numbers so far reported via the companies’ financial statements and compared them to the same quarter a year ago.
Out of the total number of reporting companies (3,286) sampled, 68% of the companies reported higher EPS for the quarter than a year ago. This is how the numbers break down per sector:
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