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Surprise! It's a beat.
Today, Fool.com editor Austin Smith reviews a Factset earnings insight report and sheds some light on what two huge earnings beats show.
One is from fallen angel Netflix (NFLX 0.98%) which lost investor support after its Qwikster debacle, though the mess overshadowed a strong fundamental business.
The second is from PulteGroup (PHM -3.51%) which could indicate a housing market ready to take off.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Best Buy and Netflix. Motley Fool newsletter services recommend Best Buy and Netflix. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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