Best Earnings Season in Decades?
About 63% of S&P 500 companies beat earnings by over 1 standard deviation — the strongest showing in 4 years.
🟡 Long-term average: 48%
🟡 Aside from the post-pandemic surge, this is the best quarter in 25+ years
🟡 Just 10% missed by that margin — below the norm
Such strong earnings momentum is rare. Markets may not be cheap, but they’re far from faltering.