EPS/Revenue beats are always better than misses. But I've seen too many stocks sell-off and close down on better-than-expected-news even earnings news to expect a bullish reaction.
But earnings worse than a year ago.... so how can that really be good?
Its better than expected, is more accurate
This will propel the stock as the earnings beat was far better than expected. revenues were fine considering no political ads this qtr. They are coming again next year and nid terms carry higher rates than presidential.good result.
At times bad earnings end up driving the stock up so who can figure. Hopefully guidance was good.