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RVRS - Q2 2019 'Upside Surprise' Data - Some Surprises
Reverse Cap Weighted US Large Cap ETF
Originally published July 25, 2019
This table was published Wednesday morning, July 24, in an update sent out by Tajinder Dhillon of IBES by Refinitiv.
What's interesting is that for the S&P 500 as a whole, the "average" EPS upside surprise is 5.1%.
Looking at the sectors that have had a number of releases like Financials, the upside surprise is 4% - not bad.
Health Care has a 100% beat rate but just 25% of the sector had reported as of Wednesday morning or Tuesday night. (I noticed Bristol Meyer Squibb (BMY) beat on both