Van Dijk told CNBC's Bill Griffeth that analysts should have expected the quarterly outcomes: "It's the same situation over and over again," he declared.
The research director pointed out that in 2006, each quarter had "far more positive surprises than disappointments," beating views by 3% to 3.5%.
"Lo and behold, it's almost identical this time," Van Dijk said: Excluding tech firms, the median of all who reported came in at 2.9% over expectations. He believes that "companies have discovered it's better to under-promise and over-deliver."
Dropsey said that earnings "stats are accurate," especially for the first quarter. He explained the surprises as "a lack of positive guidance" -- due to "analyst and executives alike" who "didn't want to get caught up in a slowdown."
He believes that "analysts were playing into fear and keeping their numbers down" to avoid looking "foolish."