Q1 Earnings Season So Far

The latest numbers are that 131 of the 500 companies in the S&P 500 have reported so far this earnings season. Of those, 73% have beaten estimates.

The S&P 500’s price/earnings ratio recently got to 16.22 which was its highest in nearly three years. Eighteen months ago, the market’s P/E dropped down to 11.61 which was a 20-year low.

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Posted by on April 23rd, 2013 at 10:59 am


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