tag:blogger.com,1999:blog-11027528911364475.post471939604825595811..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Earnings Season has Been StrongJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-11027528911364475.post-27995339903414327332010-07-28T17:35:38.956-07:002010-07-28T17:35:38.956-07:00agree with all comments. the important thing (to m...agree with all comments. the important thing (to me) is currently not the growth. earnings are already 'relatively' high in terms of level as compared to the price of the equity market (i have past posts showing the current earnings yield of the s&p 500). the important things is if this level is sustainable.<br /><br />so far the economy has proven to be far more resilient than i would have guessed in large part by stimulus (which is fading) and consumer spending (which is not sustainable). <br /><br />we need one of those (or both) to continues for these earnings to stay outside of some outlier (technology???) event.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-67759642034723799422010-07-28T16:11:13.806-07:002010-07-28T16:11:13.806-07:00What makes it important is if the estimates are cr...What makes it important is if the estimates are credible; I think we all saw the big walk down in number estimates last quarter so that beating could continue.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-71631113554298432902010-07-28T15:45:55.399-07:002010-07-28T15:45:55.399-07:00The rate at which companies beat earnings estimate...The rate at which companies beat earnings estimates has moved up over time. A beat rate between 70% and 80% is no longer a huge surprise. See the graph produced by Bill Hester at Hussman funds:<br /><br />http://hussmanfunds.com/rsi/beatrate.htmJim Ficketthttp://www.clearonmoney.comnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-3734174514350830682010-07-28T15:12:48.181-07:002010-07-28T15:12:48.181-07:00Well if I estimate I will make $0 and then get my ...Well if I estimate I will make $0 and then get my usual salary I am beating expectations as well by a mile!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-31362071496589121992010-07-28T13:44:24.794-07:002010-07-28T13:44:24.794-07:00yr-over-yr comparables were too easy. Beware! 2011...yr-over-yr comparables were too easy. Beware! 2011 will be far harder for the reporting season.chrispycrunchhttps://www.blogger.com/profile/06508448472827541229noreply@blogger.com