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« Deanna Brooks Wins Playboy Stock-Picking Contest | Main | Footnote of the Year » December 31, 2006 S&P Expects Q4 Earnings Growth to SlowS&P released this on Friday: The fourth-quarter operating earnings for the S&P 500 is on track to post its lowest year-over-year gain in over four and a half years, announced Standard & Poor’s today. Estimated fourth-quarter 2006 earnings of $22.08, or $199 billion in aggregate, would represent a 9.4% gain over the $20.19 reported for the fourth quarter of 2005 – marking the first single-digit earnings gain for the index since the first quarter of 2002. However, Standard & Poor’s expects full-year 2006 to be the best year ever for operating earnings, with a projected 14.9% gain over 2005. Posted by edelfenbein at December 31, 2006 5:39 PM |
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