Despite some of the high profile misses, we still have the majority of companies beating estimates. |
Earnings so far have been fairly robust. And if you look at projections, the short-term looks pretty good too. |
Energy is certainly the driver of growth in the second quarter, with the sector expected to see year-over-year growth of 41 percent. |
If you look at technology, for instance, for the S.&P. 500, 14 out of 20 companies that have reported beat the number. But when you have some of the big names lower numbers, it sets the mood for everyone. |
It has been a pretty strong season for earnings. |
It looks like we're on course for an eleventh consecutive quarter of double digit growth. |
It sounds like a broken record, but companies are still recording solid earnings growth. It's a trend we have been seeing for quite a while. |
It's been a very positive quarter so far for tech pre-announcements. |
Many of the energy sector earnings have been revised up recently, and that includes forecasts for the second quarter and for the full year. |
Next week is not a big week in terms of the number of companies reporting, but it is a big week in terms of influential companies reporting. |
No surprise there, with the run up in energy prices. |
Overall, companies are topping estimates by about two percent, which is below the long term average of 3.2 percent and the average of the last 8 quarters, which is 5 percent. |
Overall, the preannouncement environment is still positive but if this round of warnings continues, that's a red flag, |
Should the growth rate finish above 10 percent, the fourth quarter of 2005 will mark the 10th consecutive quarter of double-digit earnings growth for the Standard & Poor's 500 index. |
The long-term average earnings growth is about 7 percent, ... so mid- to high teens this quarter is still good. |