3Q Earnings Picture: Hits and Misses

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We are now well into third quarter earnings season and, as of the middle of the week, 376 companies have released their results with the vast majority logging bottom- and top-line figures that met or beat expectations, according to a report provided by Goldman Sachs Global ECS Research. While companies often meet or surpass estimates, each earnings season brings along its own fair share of earnings surprises that will push a stock up or weigh it down. Sometimes, the surprise is a difference of a few cents, but other times, it can truly be a market mover. This past quarter, Information Technology and Utilities scored biggest by surpassing analyst forecasts, while Telecom Services took the hardest hit. Here's a look at the winners, and the losers, across ten sectors.
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Added: 1 year ago

Rank: 312 of 2613 in Economy

Tags: stock, S&P500, market, business, economy

Source: http://www.ibtimes.com/articles/243798/20111104/s-p-500-3q-earnings-season-graphic.htm

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