Earnings Scoreboard: 83% of reporting firms beat EPS estimates, 79% post Y/Y earnings growth

What happened: Earnings season reaches peak intensity this week, with 177 companies reporting quarterly results across mega-cap technology, pharmaceuticals, energy, aerospace, and consumer goods. Key numbers: 147 of 177 reporting companies exceeded EPS expectations, 26 fell short and 4 were in line. 83% beat EPS estimates and 79% posted year over year earnings growth. Why it matters: The high share of EPS beats and year over year growth points to broad strength in quarterly results as the season hits its busiest stretch. Coverage: 3 outlets in 24h

Earnings season reaches peak intensity this week, with 177 companies reporting quarterly results across mega-cap technology, pharmaceuticals, energy, aerospace, and consumer goods.

The high share of EPS beats and year over year growth points to broad strength in quarterly results as the season hits its busiest stretch.