posted at 18:50
Author Name: Joe Weisenthal
Heres Some Good News On Corporate Earnings
Dan Greenhaus of BTIG gives us an update on earnings season so far. Of course, we're right in the middle of earnings season and in that regard, the bounce appears somewhat justified. While there has been a poor reception to several high profile reports, earnings reports this week overall were just fine. Broad earnings expectations have actually ticked up. Large companies such as BLK, CSX, AXP and DAL all beat EPS estimates while several others were greeted quite warmly by investors. There's more to the stock market than earnings but better earnings can't hurt.

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