According to FactSet, while around 75% of S&P 500 companies typically beat EPS estimates, only around 60% top revenue expectations. This gap suggests that many earnings beats are driven by cost controls, share buybacks, and operational efficiencies rather than exceptional business growth. As a result, companies delivering very large EPS surprises remain a relatively small subset of all earnings reporters.
On July 31, 61 companies posted their second-quarter earnings. Nine notably stood out.
This post originally appeared at Insider Monkey.