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Wednesday, April 28, 2010

Corporate Earnings: Mixed, but Broadly Upgraded...

In this week's edition of EconomPic Q&A, a new reader asked:

I'm looking for a report on sector earnings. I want to see what percentage of companies have beat/missed earnings in each sector. Any ideas??
Standard & Poor's has a ton of information on their site, including detailed breakout of all sector components of the S&P 500's earnings estimates. Below is not exactly the answer to the question (percent beat / missed, which is broadly ~75-80% "beats"), but rather how much estimates have changed since earnings season began a few weeks back.

Source: S&P