Some companies that present their earnings have seen significant price movements in the past. Will history repeat itself next week?
More than 150 companies from the S&P 500 present loudly FactSet their earnings reports next week. How CNBC reports, nearly four out of five companies that have presented their earnings have so far exceeded Wall Street’s expectations. So it’s a strong earnings season so far.
Bespoke Investment Group has been looking for companies whose shares could rise on strong results ahead of upcoming earnings. To do this, Bespoke looked for companies that have a history of exceeding earnings per share expectations at least 75 percent of the time and whose shares have risen at least two percent in a typical session following the release of results.
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