S&P 500 Earnings Are Tracking at $22.71

Wendy Soong at Bloomberg has a nice summary of earnings season so far — and things are looking good.

Of the 500 companies in the S&P 500, 193 have reported so far. Earnings are on track to come in at $22.71. Some context: On March 31st, Wall Street was expecting earnings of $22.13 so we’re ahead of expectations. For Q1 in 2010, the S&P 500 earned $19.38.

For all of 2011, I’d say $100 is too high, but we might come very close. I think $97 or $98 is within reach.

Well…unless something unexpected happens.

Posted by on April 26th, 2011 at 10:28 pm


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