« S&P 500 Higher or Lower From Here? | Main | Earnings Beat Rate Gets Better »

Companies Averaging Gains on Report Days

Earnings season got off to a bad start with big disappointments from tech giants like IBM, Intel and Google.  As earnings season has progressed, however, companies have been reacting more positively to their reports.  Below is a look at the average one-day percentage change for all US companies on their report days over each earnings season since 2002.  For companies that report in the morning before the open, we use that day's change.  For companies that report after the close, we use the next day's change.

As shown, the average stock that has reported this season has gained an average of 0.27% on its report day.  Not bad for what many were calling the worst earnings season ever just a couple weeks ago.

Bespoke 50

If you are an investor who is looking for new stock ideas?  Each week we publish "the Bespoke 50," a list of our favorite growth stocks in the Russell 3,000.  To make the list of 50, a stock must have strong earnings growth prospects along with an attractive price chart based on Bespoke's proprietary fundamental and technical analysis.

The "Bespoke 50" is released on a weekly basis, and in it you'll find the 50 stocks that made the cut, price charts for each of them, and an Excel file that you can download as well.

If you're interested in finding the 50 growth stocks that Bespoke finds most attractive, become a Bespoke Premium member today.  Please click here to subscribe.