Comments on: S&P500 Earnings http://www.ritholtz.com/blog/2009/03/sp500-earnings/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 20 Mar 2010 21:13:30 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: gloppie http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155591 gloppie Sat, 21 Mar 2009 10:21:36 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155591 all I see is a system trying to oscillate. all I see is a system trying to oscillate.

]]> By: ironman http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155444 ironman Fri, 20 Mar 2009 19:41:00 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155444 Bruce in TN: No - that's within a penny of where S&P is projecting the figure as of today (now showing 99% complete for 2008-Q4). Here's the quarter-by-quarter breakdown for the 2009-Q3 trailing year earnings figure: 2008-Q4...........$-23.04 2009-Q1...........$+ 8.75 2009-Q2...........$+ 8.75 2009-Q3...........$+ 8.81 ------------------------------- 2009-Q3 (TTM).$+ 3.27 The source data is <a href="http://www2.standardandpoors.com/portal/site/sp/en/us/page.topic/indices_500/2,3,2,2,0,0,0,0,0,0,9,0,0,0,0,0.html" rel="nofollow">available here</a>, via the "S&P 500 Earnings & Estimates" Excel spreadsheet. (Links at S&P can be touchy - if it doesn't work, a Google search for the spreadsheet title should turn it up.) Bruce in TN:

No – that’s within a penny of where S&P is projecting the figure as of today (now showing 99% complete for 2008-Q4). Here’s the quarter-by-quarter breakdown for the 2009-Q3 trailing year earnings figure:

2008-Q4………..$-23.04
2009-Q1………..$+ 8.75
2009-Q2………..$+ 8.75
2009-Q3………..$+ 8.81
——————————-
2009-Q3 (TTM).$+ 3.27

The source data is available here, via the “S&P 500 Earnings & Estimates” Excel spreadsheet. (Links at S&P can be touchy – if it doesn’t work, a Google search for the spreadsheet title should turn it up.)

]]> By: Bruce in Tn http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155435 Bruce in Tn Fri, 20 Mar 2009 19:18:11 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155435 @cjcpa: I vote Bernanke on the Tonight Show and Jay could do a skit where Leno is the sleazy car salesman, and Bernanke is....well, Bernanke! When he says the recession ends this year, should be good for a laugh or two...! @cjcpa:

I vote Bernanke on the Tonight Show and Jay could do a skit where Leno is the sleazy car salesman, and Bernanke is….well, Bernanke! When he says the recession ends this year, should be good for a laugh or two…!

]]> By: Bruce in Tn http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155428 Bruce in Tn Fri, 20 Mar 2009 19:07:26 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155428 Ironman: Er...it would seem the earnings for Q3 2009 have yet to be adjusted....unless you got those from Fed predictions.... Ironman:

Er…it would seem the earnings for Q3 2009 have yet to be adjusted….unless you got those from Fed predictions….

]]> By: SWMOD52 http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155425 SWMOD52 Fri, 20 Mar 2009 19:02:00 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155425 Anyone have earnings excluding financials? Anyone have earnings excluding financials?

]]> By: ironman http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155363 ironman Fri, 20 Mar 2009 16:24:24 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155363 The latest projections have trailing year quarterly earnings for the S&P 500 as follows, beginning with 2008-Q3, which is the last quarter for which data is complete (2008-Q4 is 98% complete at this writing): 2008-Q3....$45.95 2008-Q4....$8.31 2009-Q1....$4.20 2009-Q2....$3.28 2009-Q3....$34.74 2009-Q4....$37.29 The reason the trailing year earnings for 2008-Q4 through 2009-Q2 are so low is due to the effect of the very negative 2008-Q4, in which many CEOs <a href="http://politicalcalculations.blogspot.com/2009/02/deeper-earnings-bucket.html" rel="nofollow">took advantage</a> of the negative economic climate to write-off the bulk of their companies' high-loss activities. Historic rate of return data for the S&P 500, with the latest data through February 2009, is <a href="http://politicalcalculations.blogspot.com/2006/12/sp-500-at-your-fingertips.html" rel="nofollow">available here</a>. The latest projections have trailing year quarterly earnings for the S&P 500 as follows, beginning with 2008-Q3, which is the last quarter for which data is complete (2008-Q4 is 98% complete at this writing):

2008-Q3….$45.95
2008-Q4….$8.31
2009-Q1….$4.20
2009-Q2….$3.28
2009-Q3….$34.74
2009-Q4….$37.29

The reason the trailing year earnings for 2008-Q4 through 2009-Q2 are so low is due to the effect of the very negative 2008-Q4, in which many CEOs took advantage of the negative economic climate to write-off the bulk of their companies’ high-loss activities.

Historic rate of return data for the S&P 500, with the latest data through February 2009, is available here.

]]> By: leftback http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155358 leftback Fri, 20 Mar 2009 16:16:40 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155358 April. Look out below. Just sayin'... April. Look out below. Just sayin’…

]]> By: Chuck Ponzi http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155347 Chuck Ponzi Fri, 20 Mar 2009 15:52:29 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155347 Can you say snap-back? Huzzah! Can you say snap-back?

Huzzah!

]]> By: cjcpa http://www.ritholtz.com/blog/2009/03/sp500-earnings/comment-page-1/#comment-155335 cjcpa Fri, 20 Mar 2009 15:21:25 +0000 http://www.ritholtz.com/blog/?p=22196#comment-155335 But Bernanke said the recession could end this year!! But Bernanke said the recession could end this year!!

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