US first quarter earnings season is pretty much over so let’s take stock from an news analytics perspective. As pointed out by our partners, FactSet, the earnings surprise percentage so far this earnings season has been higher than average and potentially the highest since Q1 2011. Have we seen this in the news sentiment analytics?
Figure 1 shows the count of detections of these two event groups (the blue bars) for the US market as a whole. This measure of media attention for revenue and earnings has been the highest of the last year.