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2016 Expected Energy Sector Earnings Growth Just 3%

2015-10-26 01:02:23| Energy - Topix.net

Per Thomson Reuters data this week, with 172 companies having reported Q3 '15 earnings, the EPS beat rate is strong at 70%, while the revenue beat rate remains tepid at 41%. The stat that jumped out this week, despite all the positive earnings news from large-cap Technology and Consumer Discretionary, was the continued deceleration in Energy sector estimates for 2016.

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