For reference purposes, below is a chart seen in the Zack’s Earnings Trends (pdf) report dated January 16, 2015. This chart, seen as Table 6 on page 12, shows actual and estimated Quarterly Net Margins for the Zack’s sectors, as well as for the total S&P500, over the period spanning 4Q 2013 – 3Q 2015:
(click on chart to enlarge image)
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