Excerpt from CNBC quoting DataTrek’s Nick Colas:
…. “Q3 earnings season so far is not as strong as the headlines indicate,” said Nicholas Colas, co-founder of DataTrek Research, in a note. “Yes, Q3 earnings reports have been good thus far … But the amounts of these ‘beats’ on the bottom line are smaller than usual, even as revenues are actually better than expected”….
Read the full article here on CNBC!