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🎈🔺Positive Q1 Earnings Surprises Beat Previous Quarters: Cable FX Macro

  • About 85% of the S&P 500 has reported earnings for the first quarter of 2023

  • Expected growth and EPS have slowed from Q4, the latter is at $53.1 vs the prior $54.3, the latest S&P 500 EPS is the lowest since Q2 2021

  • When comparing to expectations, 79% of reported companies have topped estimates, this is the highest share of positive surprises since Q3 2021


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