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Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. 

Earnings season continues, the halftime report

Last year’s Q4 financial reporting seems to be the most “normal” earnings season we’ve had in the past two years, with companies beating earnings expectations by amounts similar to long-run averages. Corporate profitability remains strong. Here is the latest report card for Q4 results-to-date, courtesy of DataTrek:

76% of reporting S&P 500 companies beat Wall Street earnings estimates.…