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http://useconomicoutlook2013.com/ This website strives to keep the readers stay updated with all the recent updates within the financial arena. Many of the investors have benefitted themselves by being in regular contact with our frequent newsletters and article releases.
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  • The S&P 500 Companies To Watch This Earnings Season 0 comments
    Apr 5, 2013 11:44 PM

    Read More : http://www.investmentcontrarians.com/stock-market/the-sp-500-companies-to-watch-this-earnings-season/1781/

    It's almost that time again, corporate earnings season. Starting next week, American firms begin reporting their corporate earnings for the first quarter of 2013. Considering how high the S&P 500 is, many analysts and investors will be closely watching the results.

    According to estimates from Bloomberg, earnings for the S&P 500 firms are expected to drop by 1.9% for the first quarter. This represents the first decrease in corporate earnings since 2009. (Source: Rupp, L. and Gammeltoft, N., "U.S. Stocks Fall as Energy, Financials Tumble on Economy," Bloomberg, April 3, 2013.)

    We've seen a decrease in estimates for earnings just over the last couple of months. In January, according to Bloomberg, the average corporate earnings estimate by analysts for S&P 500 companies was a growth of 1.2% for the first quarter. This follows the fourth quarter of 2012, in which corporate earnings for these companies grew by eight percent.

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