Bloomberg News

First Quarter of ’12 S&P 500 Earnings Snapshot as of May 3

May 03, 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:            402@        6.2%
Higher EPS                       257        19.1%
Lower EPS                        131       -20.2%
Unchanged                         14         0.0%

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

Total reported Ex-Financial:     330         5.1%

Comparable Q1/11:                395        20.9%
End of Q1/11:                    498        19.9%
End of Q4/11:                    500         4.9%

S&P 500 Index EPS with 402/500 companies reported:     $25.46
                  *Net income (as reported) EPS:       $22.65

Earnings Surprises*:
==========================================================================
                                    Q1/12              Q1/11
Positive Surprises:            269/402 =  66.9%     337/497 =67.8%
0% Surprises:                   40/402 =  10.0%      51/497 =10.3%
Negative Surprises:             93/402 =  23.1%     109/497 =21.9%

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

Consumer Discretionary:          52 /80    4.6%    44    4     4     $2.11
Consumer Staples:                29 /42    1.2%    20    3     6     $2.14
Energy:                          40 /43    -4.2%   19    1     20    $3.34
Financials:                      72 /81    11.2%   47    8     17    $4.80
Health Care:                     44 /52    0.2%    27    7     10    $3.25
Industrials:                     54 /61    13.3%   42    3     9     $2.52
Information Tech:                54 /71    21.6%   37    11    6     $5.07
Materials:                       27 /30   -10.3%   21    2     4     $0.92
Telecom Svcs:                     5 /8     -0.6%   3     0     2     $0.55
Utilities:                       25 /32    -8.9%   9     1     15    $0.78

Total Reported:                 402 /500   6.2%   266    40    92   $25.46

Total Reported
   Ex-Financial:                330 /419   5.1%   219    32    75
Industry Summary:
==========================================================================
                                          Share-
                                Reported  Weighted  Earnings Surprises
                                 /Total   %Change    (+)  same   (-)
CONSUMER DISCRETIONARY:
  Automobiles & Components        5 /5    -14.6%      3     1     1
  Consumer Durables & Apparel    12 /13    18.0%      8     1     3
  Consumer Services              12 /14    3.3%      11     1     0
  Media                          11 /16    17.4%     10     1     0
  Retailing                      12 /32    4.5%      12     0     0

CONSUMER STAPLES:
  Food & Staples Retailing        6 /9     2.1%       5     1     0
  Food Beverage & Tobacco        18 /27    2.8%      12     1     5
  Household & Personal Products   5 /6     -2.6%      3     1     1

FINANCIALS:
  Banks                          15 /15    21.5%     11     3     1
  Diversified Financials         26 /27    6.5%      17     4     5
  Insurance                      18 /22    10.8%     11     0     7
Industry Summary:
==========================================================================
                                          Share-
                                Reported  Weighted  Earnings Surprises
                                 /Total   %Change    (+)  same   (-)
FINANCIALS:
  Real Estate                    13 /17    27.0%      7     1     4

HEALTH CARE:
  Health Care Equipment & Srvs.  25 /31    1.4%      15     6     4
  Pharma., Biotech. & Life Sci.  19 /21    -0.2%     12     1     6

INDUSTRIALS:
  Capital Goods                  36 /41    12.4%     28     2     5
  Commercial & Professional Ser   9 /11    4.0%       7     0     2
  Transportation                  9 /9     21.1%      6     1     2

INFORMATION TECH:
  Semiconductors                 13 /17   -20.3%      9     2     2
  Software & Services            22 /31    13.5%     16     5     1
  Technology Hardware & Equip.   19 /23    54.5%     12     4     2
Industry Summary:
==========================================================================
                                          Share-
                                Reported  Weighted  Earnings Surprises
                                 /Total   %Change    (+)  same   (-)

ENERGY:                          40 /43    -4.2%     19     1    20

MATERIALS:                       27 /30   -10.3%     20     2     4

TELECOM SVCS:                     5 /8     -0.6%      3     0     2

UTILITIES:                        5 /32    -8.9%      9     1    15

TOTAL REPORTED
   UNIVERSE:                    402 /500   6.2%     266    40    92

S&P 500 Year-Over-Year Estimates
==========================================================================
Q1/12 Earnings Estimated Growth: 5.4%;  Ex-Financial: 4.1%
Q2/12 Earnings Estimated Growth: 0.9%;  Ex-Financial:-0.7%
S&P 500 Year-Over-Year Estimates
==========================================================================
Q3/12 Earnings Estimated Growth: 6.2%;  Ex-Financial: 3.6%
Q4/12 Earnings Estimated Growth:17.3%;  Ex-Financial:14.2%

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


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Companies Mentioned

  • IBM
    (International Business Machines Corp)
    • $190.41 USD
    • -0.82
    • -0.43%
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