Earnings beats and gross margin quality

Do earnings surprises come with improving gross margins?

Earnings and expectations ERN-016 Scatter Sample

Sample data. Every number, symbol and holding on these pages is generated sample data dated 2026-10-16, used only to illustrate layout and method for educational and informational purposes. It is not market data, backtest output or a forecast, and the analytics described in the specifications are not running.

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0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD

Highest item: Margin up, beat
6.69 %
Lowest item: Margin down, miss
1.04 %
Average
4.3 %
Number of items
4 items

Main chart: year-on-year change in gross margin (percentage points), ordered by EPS surprise (%)

Year-on-year change in gross margin (percentage points) (Scatter)

Supporting chart: EPS surprise and revenue growth

EPS surprise (%) (Bar)

Detail: data rows, observation dates and missing-value status for earnings beats and gross margin quality

Year-on-year change in gross margin (percentage points) and EPS surprise (%) (Table)

Sample data rows

EPS surprise (%)Year-on-year change in gross margin (percentage points)EPS surprise (%)Data date (sample)
Margin up, beat 6.69 -1.81 2026-10-16
Margin up, miss 6.01 0.02 2026-10-16
Margin down, beat 3.44 0.12 2026-10-16
Margin down, miss 1.04 -6.98 2026-10-16