Financials Scorecard Shows 87% of Companies Beat EPS Estimates

Financial companies included in a third-quarter earnings scorecard beat analyst estimates for earnings per share at an 87% rate, while year-over-year earnings growth was mixed across the group.

An earnings-per-share (EPS) beat means reported EPS came in above analyst estimates. The 87% rate applies to the companies counted in the scorecard. Year-over-year growth compares earnings with the same period a year earlier.