Q2 Sector EPS Growth

ln our prior post we highlighted the performance of stocks in reaction to earnings reports this season.  Below we highlight the year over year earnings growth numbers seen from sectors this quarter versus Q2 '07. 

Currently, the Financial sector is the only one seeing negative growth.  But it's a big negative at -94.8%, which is enough to bring the entire S&P 500 earnings growth down 24.3%.  Energy, Technology and Consumer Discretionary are all seeing 20%+ growth this quarter, while Healthcare and Consumer Staples are also seeing double-digit growth.  Ex-Financials, S&P 500 earnings growth is at 12.1%.

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Comments

[deaverb]

10 up; 2 down. That's bad? Financials have certainly taken a hit, but look at the rest of the economy. Main Street is fine, as is Tech Street.

2008 Jul 29 09:21 AM