At the opening of today's markets, 240 companies in the S&P 500 had reported quarterly earnings.
Thus far, it's been a productive earnings season. The performance of equities for current retirees is perhaps more important than ever, as many advisors are using stocks and dividend paying stocks to supplant fixed-income and money-market funds, which lag due to low interest rates.
At Monday's opening bell, 68 percent of companies to have reported beat estimates, 11 percent met estimates, and 21 percent missed estimates.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
