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When a Company Beats Earnings Estimates, Investors Just Don't Care

What's next for earnings season?

The market reaction to a company reporting better-than-expected earnings isn't as robust as it used to be. In fact, it can even be a negative reaction.

The negative trend was seen in this current second quarter reporting season, according to Andres Garcia, CEO of Zoe Financial - the first time since the second quarter of 2011. 

Recent examples include Walmart (WMT) - Get Walmart Inc. Report and Home Depot (HD) - Get Home Depot, Inc. (HD) Report but the technology sector has been bucking the trend, he said.

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