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To: Defrocked who wrote (4037)8/19/1998 12:14:00 PM
From: Joseph G.  Respond to of 86076
 
What happened to the New Era growth of 15%/year forever?

<<NEW YORK, Aug 19 (Reuters) - First Call second quarter 1998 U.S.
corporate earnings scorecard through the morning of August 19.

Earnings versus expectations
Number Percentage
Number of S&P 500 cos. reported 485 97
Positive surprises 122 25
Positive reports 167 35
On target 117 24
Negative reports 42 9
Negative surprises 36 8
Average positive bias (1) 1.9

Earnings versus a year ago
Number Percentage
Number of S&P500 cos. reported 485 97
Above year ago 325 67
Matched year ago 12 2
Below year ago 148 31
Pct EPS above year ago 3.2

First Call forecast year-on-year Q2 growth(2) 3.3

First Call note (1) This is the average earnings per share, actual
over estimated. (2) The First Call forecast is based on actual numbers
for those who have reported and estimates for those who have not
reported.>>