When it comes to earnings seasons, investors generally expect earnings to come in better than expected.
Earlier this season, it looked like beat rates were on track for their best levels in a while.
However, those beat rates are have been on the decline.
Check out this chart from the Bespoke Investment Group. We’re not really sure what to make of the trend. We really don’t think it makes sense to assume beat rates will continue to fall.
Photo: Bespoke Investment Group