SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Paint The Table

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lost1 who wrote (17549)3/5/2002 12:49:16 PM
From: John Pitera  Read Replies (1) of 23786
 
The Market is looking at what Q3 earnings are going to be

are they going to be up over 100% year over year?

This time around, the earnings recovery may help the market less than it has in the past. Enron's bankruptcy, tougher enforcement by the Securities and Exchange Commission and crackdowns by accounting firms could depress investor enthusiasm in years to come. "All these behavioral changes mean 2002 earnings will be somewhat less than they would have been," Hill adds.

Key numbers to watch are those in the technology sector. Since mid-January, analysts have been substantially boosting already aggressive estimates for S&P 500 tech earnings, to a 23% year-on-year decline in the first quarter, from a 33% drop previously forecast; to a 42% gain in the second quarter from 33% gain; and to a 140% gain in the third quarter, from 125%.


online.wsj.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext