Bloomberg News

Expected Earnings Growth for Industries in S&P 500

March 02, 2012

The following table details the expected quarterly and annual year-over-year share-weighted earnings growth for industry groups in the Standard and Poor’s 500 Index.

Percentages are calculated using Bloomberg earnings estimates for the current period compared with actual figures from a year ago. Companies are then grouped together by industry and summed for each period to calculate the percentage growth.


================================================================================
                                  Q4/11  Q1/12  Q2/12  Q3/12 FY11* FY12* FY13*
================================================================================
S&P 500 Index Growth               5.0%  -0.6%   1.2%   6.6% 14.7%  7.7% 12.8%
S&P 500 Ex-Financials              7.2%  -0.5%   0.3%   4.1% 17.0%  7.3% 12.4%

-------------------------------Consumer Discretionary---------------------------
Total Sector                       6.3%  -2.1%   1.9%   9.7% 12.7%  6.5% 17.2%
  Automobiles & Components       -16.1% -32.0% -21.7% -12.1% -7.7%  2.4% 16.3%
  Consumer Durables & Apparel      1.8%   1.3%  -1.2%   0.3%  8.7%  1.6% 11.7%
================================================================================
                                  Q4/11  Q1/12  Q2/12  Q3/12 FY11* FY12* FY13*
================================================================================
-------------------------------Consumer Discretionary---------------------------
  Consumer Services               25.7%   0.4%   7.9%  12.1% 25.6% 16.4% 19.2%
  Media                           18.0%  12.0%   8.2%  17.7% 19.3%  9.9% 16.3%
  Retailing                       -3.3%   0.3%   5.0%  13.0% 12.4%  3.2% 19.7%

---------------------------------Consumer Staples------------------------------
Total Sector                       2.3%  -0.1%   4.8%   7.2%  7.4%  3.4%  9.8%
  Food & Staples Retailing         4.0%   1.3%   5.3%   9.2%  3.3%  6.0%  9.5%
  Food Beverage & Tobacco          3.4%   0.4%   3.4%   6.2% 11.4%  2.9% 10.0%
  Household & Personal Products   -2.9%  -3.1%   8.6%   7.5%  3.2%  1.3%  9.5%

--------------------------------------Energy-----------------------------------
Total Sector                       8.9%  -2.8%  -8.3%  -6.9% 35.6%  0.4% 14.0%
  Energy Equipment & Services     27.2%  35.9%  24.1%  15.7% 28.6% 23.1% 20.4%
  Oil, Gas and Consumable Fuels    6.2%  -7.0% -11.9%  -9.8% 36.6% -2.5% 13.0%

-------------------------------------Financials---------------------------------
Total Sector                      -7.0%  -1.2%   6.5%  22.3%  3.9%  9.7% 14.7%
================================================================================
                                  Q4/11  Q1/12  Q2/12  Q3/12 FY11* FY12* FY13*
================================================================================
-------------------------------------Financials---------------------------------
  Banks                           19.2%  13.1%   3.2%  10.8% 37.1% 14.0% 13.6%
  Diversified Financials         -42.2%  -7.3%  -5.1%   2.2% -4.2% -1.2% 18.8%
  Insurance                       68.5%  -3.1%  44.9% 208.7% -4.5% 35.2%  9.2%
  Real Estate                     27.7%  13.7%  10.0%   1.9% 27.0%  9.4%  9.6%

-------------------------------------Health Care--------------------------------
Total Sector                       4.6%  -1.3%  -0.3%  -0.1%  5.3%  3.5%  6.9%
  Health Care Equipment & Srvs.    3.6%  -0.5%   4.7%   8.3%  4.9%  6.1% 10.5%
  Pharma., Biotech. & Life Sci.    5.1%  -1.6%  -2.7%  -3.9%  5.5%  2.2%  5.2%

-------------------------------------Industrials--------------------------------
Total Sector                      15.4%   8.3%   8.2%   9.4% 20.7%  8.7% 13.9%
  Capital Goods                   15.7%   6.9%   7.3%   8.8% 22.2%  7.7% 13.9%
  Commercial Services & Supplies   1.8%   1.3%  -1.2%   0.3%  8.7%  1.6% 11.7%
  Transportation                  18.3%  18.7%  15.5%  15.2% 17.6% 15.7% 14.3%


================================================================================
                                  Q4/11  Q1/12  Q2/12  Q3/12 FY11* FY12* FY13*
================================================================================
----------------------------------Information Technology------------------------
Total Sector                      13.3%   3.4%   3.3%  12.8% 18.5% 19.7% 12.7%
  Semiconductors                 -23.7% -27.1% -16.3%   4.6%  7.9% -6.9% 16.3%
  Software & Services              6.6%   6.5%   3.5%   8.3% 17.1% 16.9% 13.0%
  Technology Hardware & Equip.    36.6%  11.1%  10.0%  21.1% 25.1% 33.6% 11.3%

---------------------------------------Materials--------------------------------
Total Sector                     -11.5% -13.7%  -5.4%   5.2% 30.7%  5.6% 19.6%

--------------------------------Telecommunication Services----------------------
Total Sector                     -25.7%  -6.5%   1.9%  -2.8% 34.7%  5.8% 18.2%

--------------------------------------Utilities---------------------------------
Total Sector                      -0.8%  -9.9% -12.8% -11.9%  2.4% -3.1%  2.4%
================================================================================

* -- Fiscal year EPS from each company was used to calculate the growth, it might not add up from the quarterly EPS.

NM -- The calculations of percentage changes between profit and loss and vice versa are not meaningful, hence not calculated.

To contact the reporter on this story: Wendy Soong in New York at csoong@bloomberg.net

To contact the editor responsible for this story: Alex Tanzi at at atanzi@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus