S&P 500 Earnings Leaderboard: Biggest Surprises Season to Date
By: Ariel Nelson | Director of Market Data & Content Services, CBNC
So far 291 (just under 60%) of the S&P 500 companies have reported earnings.
Here's how things stand:
Companies Exceeding Estimates: 174 or 60%
Companies Matching Estimates: 40 or 14%
Companies Falling Below Estimates: 77 or 26%
So far it is the Energy and Tech Sectors that have the biggest surprises to the upside, with Exxon Mobil delivering $982 million more than analysts expected. Valero Energy surprised with EPS that was 59% above expectations.
Earnings Leaderboard - Best Performers (as of 2/1)
| Company | Symbol | Sector | Rpt Date | Est. EPS | Actual EPS | %Chg | $M Diff |
|---|---|---|---|---|---|---|---|
| Exxon Mobil | XOM | Energy | 2/1 | 1.95 | 2.13 | 9% | 982 |
| Microsoft | MSFT | Tech | 1/24 | 0.46 | 0.5 | 9% | 380 |
| Pfizer | PFE | Health | 1/23 | 0.47 | 0.52 | 11% | 340 |
| Valero Energy | VLO | Energy | 1/29 | 0.64 | 1.02 | 59% | 211 |
| Oracle | ORCL | Tech | 12/19 | 0.27 | 0.31 | 15% | 209 |
| Goldman Sachs | GS | Fin Svcs | 12/18 | 6.61 | 7.01 | 6% | 181 |
| IBM | IBM | Tech | 1/17 | 2.68 | 2.8 | 4% | 170 |
| ConocoPhillips | COP | Energy | 1/23 | 2.38 | 2.48 | 4% | 161 |
| Merck | MRK | Health | 1/30 | 0.74 | 0.8 | 8% | 131 |
| Apple | AAPL | Tech | 1/22 | 1.62 | 1.76 | 9% | 126 |
Thomson Financial
On the downside the banks and homebuilders lead the losers with Merril Lynch missing by $6.3 billion more than analysts expected.
Earnings Leaderboard - Worst Performers (as of 2/1)
| Company | Symbol | Sector | Rpt Date | Est. EPS | Actual EPS | $M Diff |
|---|---|---|---|---|---|---|
| Merrill Lynch | MER | Fin Svcs | 1/17 | -4.93 | -12.57 | -6303 |
| Citigroup | C | Fin Svcs | 1/15 | -1.03 | -1.99 | -4735 |
| Morgan Stanley | MS | Fin Svcs | 12/19 | -0.39 | -3.61 | -3219 |
| Lennar | LEN | Consumer Disc | 1/24 | -1.65 | -7.92 | -991 |
| Centex | CTX | Consumer Disc | 1/29 | -0.78 | -7.94 | -879 |
| Pulte Homes | PHM | Consumer Disc | 1/30 | -0.5 | -3.54 | -768 |
| Washington Mutual | WM | Fin Svcs | 1/17 | -1.36 | -2.19 | -710 |
| KB Home | KBH | Consumer Disc | 1/8 | -1.08 | -9.99 | -689 |
| Bear Stearns | BSC | Fin Svcs | 12/20 | -1.79 | -6.9 | -650 |
| Bank of America | BAC | Fin Svcs | 1/22 | 0.18 | 0.05 | -581 |
Thomson Financial
Source:Thomson Financial
To date 291 (just under 60%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
