Bloomberg News

First Quarter of ’12 S&P 500 Earnings Snapshot as of April 24

April 24, 2012

The following tables summarize the latest quarterly earnings for companies in the Standard & Poor’s (SPX) 500 Index.

Profit figures are based on income from continuing operations excluding some gains and losses. The share-weighted percentage changes are year-over-year comparisons. earnings surprises are based on estimates provided by Bloomberg (IBM:US).

S&P 500 Universe:
==========================================================================
                               Number of  Share-Weighted
                               Companies  % Change

Total reported Q1/12:            153@        6.9%
Higher EPS                       105        14.4%
Lower EPS                         46       -20.3%
Unchanged                          2         0.0%

S&P 500 Universe:
==========================================================================
                               Number of  Share-Weighted
                               Companies  % Change

Total reported Ex-Financial:     119         5.6%

Comparable Q1/11:                153        17.7%
End of Q1/11:                    498        19.9%
End of Q4/11:                    500         4.9%

S&P 500 Index EPS with 153/500 companies reported:     $24.95
                    *Net income (as reported) EPS:     $22.92

Earnings Surprises*:
==========================================================================
                                    Q1/12              Q1/11
Positive Surprises:            120/153 =  78.4%     337/497 =67.8%
0% Surprises:                   16/153 =  10.5%      51/497 =10.3%
Negative Surprises:             17/153 =  11.1%     109/497 =21.9%

Sector Summary:
==========================================================================
                                          Share-
                                Reported Weighted Earnings Surprises Sector
                                 /Total   %Change (+)  same  (-)      EPS

Consumer Discretionary:          24 /80    2.8%    20    2     2     $2.05
Consumer Staples:                12 /42    6.0%    10    0     2     $2.13
Energy:                           7 /43    11.0%   6     0     1     $3.42
Financials:                      34 /81    10.3%   25    4     5     $4.75
Health Care:                     12 /52    2.3%    10    1     1     $3.20
Industrials:                     24 /61    12.7%   22    1     1     $2.44
Information Tech:                26 /71    5.8%    16    7     3     $4.78
Materials:                       11 /30    -8.5%   8     1     2     $0.91
Telecom Svcs:                     2 /8     8.5%    2     0     0     $0.51
Utilities:                        1 /32    -1.9%   1     0     0     $0.77

Total Reported:                 153 /500   6.9%   119    16    17   $24.95

Total Reported
   Ex-Financial:                119 /419   5.6%    94    12    12
Industry Summary:
==========================================================================
                                          Share-
                                Reported Weighted  Earnings Surprises
                                 /Total   %Change    (+)  same   (-)
CONSUMER DISCRETIONARY:
  Automobiles & Components        1 /5     -5.5%      0     1     0
  Consumer Durables & Apparel     6 /13    8.6%       4     0     2
  Consumer Services               7 /14    -1.2%      6     1     0
  Media                           3 /16    1.5%       3     0     0
  Retailing                       7 /32    7.3%       7     0     0

CONSUMER STAPLES:
  Food & Staples Retailing        3 /9     -2.4%      3     0     0
  Food Beverage & Tobacco         8 /27    7.5%       6     0     2
  Household & Personal Products   1 /6     11.3%      1     0     0

FINANCIALS:
  Banks                          14 /15    22.1%     11     2     1
  Diversified Financials         17 /27    7.3%      12     2     3
  Insurance                       3 /22    -3.2%      2     0     1
Industry Summary:
==========================================================================
                                          Share-
                                Reported Weighted  Earnings Surprises
                                 /Total   %Change    (+)  same   (-)
FINANCIALS:
  Real Estate                     0 /17     na        0     0     0

HEALTH CARE:
  Health Care Equipment & Srvs.   8 /31    1.5%       7     1     0
  Pharma., Biotech. & Life Sci.   4 /21    2.7%       3     0     1

INDUSTRIALS:
  Capital Goods                  18 /41    9.2%      16     1     1
  Commercial & Professional Ser   1 /11    26.5%      1     0     0
  Transportation                  5 /9     36.3%      5     0     0

INFORMATION TECH:
  Semiconductors                  7 /17   -24.3%      3     2     2
  Software & Services            11 /31    13.1%      8     3     0
  Technology Hardware & Equip.    8 /23    10.0%      5     2     1
Industry Summary:
==========================================================================
                                          Share-
                                Reported  Weighted  Earnings Surprises
                                 /Total   %Change    (+)  same   (-)

ENERGY:                           7 /43    11.0%      6     0     1

MATERIALS:                       11 /30    -8.5%      7     1     2

TELECOM SVCS:                     2 /8     8.5%       2     0     0

UTILITIES:                        1 /32    -1.9%      1     0     0

TOTAL REPORTED
   UNIVERSE:                    153 /500   6.9%     119    16    17

S&P 500 Year-Over-Year Estimates
==========================================================================
Q1/12 Earnings Estimated Growth: 3.5%;  Ex-Financial: 2.2%
Q2/12 Earnings Estimated Growth: 1.7%;  Ex-Financial: 0.4%
S&P 500 Year-Over-Year Estimates
==========================================================================
Q3/12 Earnings Estimated Growth:  6.8%;  Ex-Financial:  4.4%
Q4/12 Earnings Estimated Growth: 17.5%;  Ex-Financial: 14.6%

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


Steve Ballmer, Power Forward
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • IBM
    (International Business Machines Corp)
    • $168.91 USD
    • -13.14
    • -7.78%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus