Earnings Surprises Are Producing Big Price Moves. That’s a Surprise. - Barron's
1. GE Aerospace rose 7% after a 16% revenue increase. 2. Orders for GE's LEAP engines jumped 46%, indicating strong demand. 3. Overall S&P 500 growth estimate approaches 13%, boosting market confidence. 4. Missed earnings now lead to greater share price penalties. 5. Many earnings surprises are yielding lower stock reactions than before.