A larger share of financial companies beat earnings forecasts than revenue estimates during the week, while the broader group of 177 reporters posted higher beat rates on both measures.
Among financial companies, 72.7% surpassed earnings-per-share (EPS) estimates and 54.5% beat revenue forecasts. The 177-company group recorded rates of 81.4% for EPS and 71.8% for revenue.
EconoTimes previously detailed PayPal’s 2026 non-GAAP EPS forecast increase alongside declines in third-quarter net income. PayPal’s quarter included an EPS beat and a revenue miss.
Visa, Mastercard and S&P Global each reported earnings and revenue above estimates and issued positive outlooks. Over the week, XLF, the financial-sector ETF, gained 1.32%, while the S&P 500 rose 0.77%.
