From Ticker Sense
Wal-Mart’s (WMT) report on Tuesday marked the end of fourth quarter earnings season. For the quarter, 67% of S&P 500 companies beat estimates while 19% missed. The 67% beat rate is the lowest in three quarters and the 19% miss rate matches the highest in four quarters. Although we won’t know the final year over year quarterly earnings growth number for a couple months, it currently stands at 9.8% according to Bloomberg, which would break the 17 consecutive quarter streak of 10%+ earnings growth.
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