S&P 500 3Q19 Sales & Earnings Update
• 88 companies are reporting this week.
• Of the 355 companies that have reported so far (71% of the S&P 500), 74% are beating earnings estimates by a median of 5%.
• On the top line, 57% are beating by an average of 3%.
Tom Lee and his team continue to make highly accurate market directional calls in US equity. Please focus on earnings and the S&P 500 rally and plug into Fundstrat Global Advisors.