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Earnings Scorecard: Q1 Results Moving at a Record Setting Pace

The Q1 earnings growth estimate is currently at 4.5-percent. TheStreet digs deeper into the numbers by checking the Thomson Reuters I/B/E/S scorecard. To date, 75-percent of the companies in the S&P 500 have reported quarterly results. 68.2-percent of companies have reported earnings above analyst expectations, while less than 10-percent of firms met Wall Street forecasts. 21.9-percent of the companies missed estimates. The revenue growth estimate is at around 2.6-percent. 51.3-percent of companies posted better than expected sales figures, while nearly 49-percent missed Street estimates.