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Blockbuster first-quarter earnings were 'as good as it gets' Michele Eve Sandberg / Invision / AP Want evidence that first-quarter earnings season was a resounding and undeniable success? There are a bunch of choices. First and foremost, US stock indices surged to record highs as corporate results streamed in. After all, profit expansion has historically been the biggest contributor toshare price appreciation. You also had 66% of companies beating estimates on an earnings-per-share (EPS) basis, and also 60% of companies exceeding sales forecasts, accordin...
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