The third quarter earnings season wraps up with Wal-Mart's report next Tuesday. Since Alcoa (AA) kicked off the reporting period on October 11th, 2,197 US companies have released their Q3 numbers. Of those 2,197 companies, 61.9% (1,361) have reported earnings that were better than the consensus analyst estimate. As shown below, 61.9% is better than the beat rate seen in the prior two reporting periods, but it's definitely not one of the best readings seen since the bull market began in March 2009.
http://www.bespokeinvest.com/thinkbig/2011/11/11/earnings-season-just-about-over.html
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