E231 - Record Profits: The Importance of Beating Earnings

Corporate America has just delivered its best earnings season in years — record beats, record margins, and growth numbers that look almost too good to be true. Which is convenient, because some of them are. Meanwhile, Europe is also delivering the goods. We discuss what's driving the blowout quarter on both sides of the Atlantic.

And in today’s Dumb Question of the Week: Why do companies report every three months?

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