By Tajinder Dhillon
18Q2 earnings season is underway, with the first batch of nine companies reporting last week. Exhibit 1 provides a summary of reporting results.
Exhibit 1: Earnings Season Results
Overall, most companies missed EPS projections when compared to consensus, as determined by the Earnings Per Share Surprise % column. The highlights included Aker BP ASA (DETNF), which experienced EPS and Revenue YoY growth of 111.1% and 64% respectively. Perhaps this may not be surprising, as the Energy sector is expected to be the main driving force behind this quarter's EPS growth rate, as