Monday, November 14, 2011

S&P Earnings - Q3 record!

Here is an excerpt on S&P earnings.  Earnings and fundamentals are looking up...

Recession fears or not, based on Corporate America’s latest financial results, happy days are here again.
With nearly 90% of S&P 500 companies having reported, the third-quarter earnings season is on pace for a record, according to Bespoke Investment Group.
S&P 500 SPX companies are on pace for overall earnings of $25.42. The four quarter trailing earnings total $94.77, topping the old record of $91.47, which was set in the second quarter of 2007.

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