Earnings for Q1.
Source: http://stockweb.blogspot.com/2008/05/earnings-for-q1.htmlPosted on Sunday, May 18th, 2008 | In Current Market News, Europe, Exchange Traded Funds, Stocks to Watch
Contributed by: Vlada Kynsky (http://stockweb.blogspot.com/) -
Only 6% remains of S&P500 companies to post Q1 earnings. Actually earnings fell by -17,5% against estimated growth +5,7% (data provided by Thomson on 1st Jan 08). Huge “contribution” had financials sector. Compared to Q1 2007 financials posted $142 bln less and finished quarter in loss of $28 bln.
Q1 started badly by General Electric (GE) which didn’t provide bright outlook for other earnings. Nevertheless it wasn’t so bad quarter. If two sectors (the best – energy; the worst – financials) are taken out earnings actually grew by 2,9%. That’s not so far from optimistic January estimates.
Estimation for Q2 2008 are currently set negative -5,4%.
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Amp, Atom, Best Energy, Bln, Bright Outlook, Current Market News, estimates, Estimation, Europe, Exchange Traded Funds, General Electric, P500, Q1 Earnings, sectors, Stocks to Watch, thomson
Amp, Atom, Best Energy, Bln, Bright Outlook, Current Market News, estimates, Estimation, Europe, Exchange Traded Funds, General Electric, P500, Q1 Earnings, sectors, Stocks to Watch, thomson
 About Vlada Kynsky (http://stockweb.blogspot.com/)
Vlada Kynsky studied economics and gained work experience as SAP analyst in information technology. His origin is in Czech Republic but due to different work assignments lived in many European countries. He explores mainly emerging markets. In his research he focuses on ETF and international stocks. Another area of interest are technology stocks. |
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