Replies to post #102440 on Zeev's Turnips Patch-No Politics (ZEEV)

[baletwine]

Exactly Kanuti. I read the article, too.

Again, full article: http://money.cnn.com/2003/04/28/technology/earnings/index.htm

Here's another quote that could (alone) be taken out of context:

"But is there any reason to think that these second-half estimates are reasonable, and that estimates won't come down substantially, just as they have for the past two years?"

And the chart that goes with it:



My gut says the estimates keep coming down........ and the companies keep meeting them!!

-- Bale

[Culmus]

Standard & Poor's Sector Earnings Estimates Year-over-Year:

 
 Quarterly Breakdown			                    2002	2002	2002	2002	2003	2003	2003	2003 
 			                                     Q1A	Q2A	Q3A	Q4A	Q1E	Q2E	Q3E	Q4E 
 S&P 500                                                 YoY	1,1%	29,0%	26,7%	20,1%	10,6%	13,0%	19,4%	22,5% 
 S&P 500  - Consumer Discretionary  (Sector )		YoY	37,2%	60,4%	90,5%	60,3%	4,2%	-3,1%	4,8%	11,7% 
 S&P 500  - Consumer Staples ( Sector )	        	YoY	14,9%	18,0%	16,8%	3,4%	-1,3%	4,4%	4,6%	9,7% 
 S&P 500  - Energy  (Sector )		                YoY	-56,9%	-44,2%	-13,6%	48,0%	95,0%	37,1%	25,5%	15,3% 
 S&P 500  - Financials  (Sector )		        YoY	5,8%	9,9%	16,2%	-3,9%	1,9%	15,2%	25,0%	33,2% 
 S&P 500  - Health Care  (Sector )		        YoY	2,6%	2,7%	4,0%	14,4%	9,0%	10,4%	13,0%	12,8% 
 S&P 500  - Industrials  (Sector )		        YoY	-1,5%	5,3%	10,9%	7,3%	-10,3%	-10,1%	16,7%	29,5% 
 S&P 500  - Information Technology  (Sector )		YoY	-327,3%	-122,4%	-153,6%	107,0%	195,5%	192,3%	209,9%	74,8% 
 S&P 500  - Materials  (Sector )		                YoY	-17,2%	9,3%	32,1%	83,0%	-5,0%	15,7%	23,1%	70,4% 
 S&P 500  - Telecommunication Services  (Sector          YoY	26,7%	108,9%	34,8%	78,3%	18,2%	23,6%	-20,8%	-24,4% 
 S&P 500  - Utilities  (Sector )		                YoY	-9,9%	-15,3%	-27,2%	-33,1%	-31,2%	-20,5%	5,0%	18,4% 
 

[Culmus]

Standard & Poor's Sector Earnings Estimates Year-over-Year:

 
 Quarterly Breakdown			                    2002	2002	2002	2002	2003	2003	2003	2003 
 			                                Q1A	Q2A	Q3A	Q4A	Q1E	Q2E	Q3E	Q4E 
 S&P 500                                         YoY	1,1%	29,0%	26,7%	20,1%	10,6%	13,0%	19,4%	22,5% 
 S&P 500  - Consumer Discretionary  (Sector )    YoY	37,2%	60,4%	90,5%	60,3%	4,2%	-3,1%	4,8%	11,7% 
 S&P 500  - Consumer Staples ( Sector )	        YoY	14,9%	18,0%	16,8%	3,4%	-1,3%	4,4%	4,6%	9,7% 
 S&P 500  - Energy  (Sector )		        YoY	-56,9%	-44,2%	-13,6%	48,0%	95,0%	37,1%	25,5%	15,3% 
 S&P 500  - Financials  (Sector )		YoY	5,8%	9,9%	16,2%	-3,9%	1,9%	15,2%	25,0%	33,2% 
 S&P 500  - Health Care  (Sector )		YoY	2,6%	2,7%	4,0%	14,4%	9,0%	10,4%	13,0%	12,8% 
 S&P 500  - Industrials  (Sector )		YoY	-1,5%	5,3%	10,9%	7,3%	-10,3%	-10,1%	16,7%	29,5% 
 S&P 500  - Information Technology  (Sector )	YoY-327,3%-122,4%-153,6%	107,0%	195,5%	192,3%	209,9%	74,8% 
 S&P 500  - Materials  (Sector )		        YoY	-17,2%	9,3%	32,1%	83,0%	-5,0%	15,7%	23,1%	70,4% 
 S&P 500  - Telecommunication Services  (Sector  YoY	26,7%	108,9%	34,8%	78,3%	18,2%	23,6%	-20,8%	-24,4% 
 S&P 500  - Utilities  (Sector )		        YoY	-9,9%	-15,3%	-27,2%	-33,1%	-31,2%	-20,5%	5,0%	18,4% 
 

http://www2.standardandpoors.com/NASApp/cs/ContentServer?pagename=sp/Page/IndicesIndexPg&l=ENG&a...