Tech, Health Care Lead Q2 Earnings Beats

By | August 11, 2014

Scalper1 News

Health care and technology stocks have turned in the most Q2 earnings and revenue beats, while the telecom sector has lagged, Merrill Lynch says in a report. Nearly 50 health care companies have reported so far, Merrill Lynch said, and nearly 70% beat consensus earnings estimates and 86% topped revenue expectations. It said 65% beat on both profit and sales. For tech companies, 61% beat earnings estimates, 68% topped revenue expectations and 48% Scalper1 News

Scalper1 News