The FactSet Earnings Insight report of September 6, 2013 had various notable commentary with regard to projected earnings growth and profitability trends for the S&P500.
Here is one excerpt from page 3, which discusses the reduction in the S&P500’s estimated earnings growth since June 30:
The estimated earnings growth rate for Q3 2013 of 3.6% is below the estimate of 6.5% at the start of the quarter (June 30). Eight of the ten sectors have recorded a decline in expected earnings growth during this time frame, led by the Materials sector. Other sectors that have witnessed decreases in predicted earnings growth since June 30 include the Information Technology, Consumer Discretionary, Consumer Staples, and Energy sectors.
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