S&P 500 earnings spread widens as restaurant sector shows polarization
AAPL Apple Inc
$350.69 +2.43%
View chart & analysis → - 163% of companies reporting third-quarter results exceeded previous EPS, surpassing the historical benchmark of 54%.
- 2Apple's third-quarter revenue of $114.48 billion and third-quarter EPS of $2.10 exceeded expectations.
- 3McDonald's US comparable store sales fell 0.2%, with total revenue falling below expectations.
So what's the key point?
Many companies earned more money than experts expected. Apple had strong results, but McDonald's saw a decrease in sales, showing a difference between companies.
Source Wall Street Horizon · View original ↗
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