Thanks to Justin and Paul at the Notorious B.I.G. we get the following look at where this current earnings season (results from calendar Q4 2012) ranks among the last few years’ worth of reporting periods. Turns out, this is the best earnings beat rate in a while:
Barring a significant drop in beats next week, this earnings season will be the strongest we’ve seen for EPS versus estimates since Q4 2010. It will also be the strongest revenue beat rate registered since Q2 2011.