Best And Worst Performing Stocks On Earnings

Hickey and Walters (Bespoke) submit: What started out as a relatively positive earnings season has turned into a dreadful one. Early on, the earnings beat rate got up to 73%, but it has drifted lower every day now for the past two weeks and currently stands at just 60%, which is below the long-term quarterly average of 62%.

Hickey and Walters (Bespoke) submit: So far this earnings season, 855 companies have reported and 248 of them are S&P 500 names. Of the non-S&P 500 companies that have reported, just 55% have beaten earnings estimates. Of the 248 S&P 500 companies that have reported, 69% of companies have beaten earnings estimates.

Hickey and Walters (Bespoke) submit: Now that earnings season is officially over [it ended yesterday with Wal-Mart's (WMT)report], we can highlight the final list of the best and worst performing stocks on their report days this season.

Hickey and Walters (Bespoke) submit: Through last Friday, the average S&P 500 stock that reporting earnings this season gained 0.04% on its report day. (For companies that report in the morning, we use that day's change.

Hickey and Walters (Bespoke) submit: The average stock that has reported earnings this season (since Jan. 9) has averaged a gain of roughly 0.70% on its report day. (For companies that report after the close, we use the next day's change.) Below is a list of the 40 best and worst performing stocks on their earnings report days so far this season.

Hickey and Walters (Bespoke) submit: The third quarter earnings season is over now that Wal-Mart (WMT) has reported. The average one-day change of the 2,158 US stocks that reported this season was -0.20%, so stocks as a whole reacted negatively on their report days.

Hickey and Walters (Bespoke) submit: The average stock that has released earnings this reporting period has gained 0.84% on the first trading day following its report. (For companies reporting in the morning, we use that day's change, and for companies that report in the evening, we use the next day's change.)

Hickey and Walters (Bespoke) submit: Below is an updated list of the best and worst performing stocks on their earnings report days this season. For stocks that report after the close, we use the next day's change.