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Feb.11
11:39 AM ET
Monday, 11 Feb 2008
S&P 500 Earnings Leaderboard: Biggest Surprises Season to Date
Posted By:Ariel Nelson
Topics:Earnings | Stock Market
Companies:XL Capital Ltd | Unisys Corp | Fifth Third Bancorp | Wachovia Corp | Consol Energy Inc | Suntrust Preferred Capital I | Marshall & Ilsley Corp | SLM Corporation | Tesoro Petroleum Corporation | Polo Ralph Lauren Corporation | CA Inc | Cincinnati Financial Corp | Raytheon Co | Tyson Foods Inc | JDS Uniphase Corp | LSI Industries Inc | Tellabs Inc | Lexmark International Inc | Valero Energy Corp | Bank of America Corp | Exxon Mobil Corp | Merrill Lynch & Co Inc
So far 364 of the S&P 500 companies (just under 75%) have reported earnings.
Here's how things stand:
- Companies Exceeding Estimates: 219 or 60%
- Companies Matching Estimates: 49 or 13%
- Companies Falling Below Estimates: 96 or 26%
So far, it is the tech sector that has the biggest surprises to the upside, with Lexmark reporting EPS that was 122% above expectations. In absolute dollars, Exxon still leads with its $982 million surprise. Disney surprised last week by $219 million.
Earnings Leaderboard - Best Performers (as of Feb. 8) |
| Company | Symbol | Sector | Date | EPS Est. | Actual | %Chg |
| Lexmark Holdings | LXK | Tech | 1/29 | 0.58 | 1.29 | 122% |
| Tellabs Inc | TLAB | Tech | 1/22 | 0.01 | 0.02 | 100% |
| LSI Corp | LSI | Tech | 1/23 | 0.07 | 0.13 | 86% |
| JDS Uniphase | JDSU | Tech | 2/5 | 0.12 | 0.22 | 83% |
| Tyson Foods Inc | TSN | CnStp | 1/28 | 0.04 | 0.07 | 75% |
| Valero Energy | VLO | Energy | 1/29 | 0.64 | 1.02 | 59% |
| Raytheon Co. | RTN | Indus | 1/31 | 0.92 | 1.45 | 58% |
| Cincinnati Financial | CINF | Fin Svcs | 2/6 | 0.74 | 1.07 | 45% |
| CA Inc. | CA | Tech | 1/31 | 0.25 | 0.36 | 44% |
| Polo Ralph Lauren | RL | CnDisc | 2/6 | 0.77 | 1.08 | 40% |
On the downside, the banks lead the losers with Sallie Mae reporting the biggest miss in that sector, off by 165%. The biggest surprise overall has been Tesoro which missed by 1,550%. In absolute dollars, Merrill Lynch is still the biggest loser with its $6.3 billion downside surprise.
Earnings Leaderboard - Biggest Losers (as of Feb. 8) |
| Company | Symbol | Sector | Rpt Date | EPS Est. | Actual | %Chg |
| Tesoro | TSO | Energy | 1/31 | 0.02 | -0.29 | -1550% |
| Sallie Mae | SLM | Fin Svcs | 1/23 | 0.55 | -0.36 | -165% |
| Marshall & Iisley | MI | Fin Svcs | 1/15 | 0.19 | -0.09 | -147% |
| SunTrust | STI | Fin Svcs | 1/23 | 0.31 | 0.01 | -97% |
| Consol Energy | CNX | Energy | 1/29 | 0.34 | 0.04 | -88% |
| Wachovia | WB | Fin Svcs | 1/22 | 0.33 | 0.08 | -76% |
| Fifth Third Bancorp | FITB | Fin Svcs | 1/22 | 0.27 | 0.07 | -74% |
| Bank of America | BAC | Fin Svcs | 1/22 | 0.18 | 0.05 | -72% |
| Unisys | UIS | Tech | 1/29 | 0.12 | 0.04 | -67% |
| XL Capital | XL | Fin Svcs | 2/5 | 1.76 | 0.66 | -63% |
Source:Thomson Financial
More By The Numbers |
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