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While only a small sample so far, it is quite telling that despite the manic depression of earnings expectations heading into Q3 results, only 52% have topped revenue estimates (on aggregate missing expectations by 40bps). On the earnings side, the number of companies beating expectations plunged to its lowest since Q1 2009 … sounds like another good reason to BTFATH… Source: Barclays…Companies Beating Earnings Tumbles To Lowest Since Q1 2009
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