S&P 500 Earnings Leaderboard: Biggest Surprises Season to Date
As of this morning, 389 of the S&P 500 companies (just under 80%) have reported earnings.
Here's how things stand:
- Companies Exceeding Estimates: 247 or 63%
- Companies Matching Estimates: 42 or 11%
- Companies Falling Below Estimates: 100 or 26%
Joining Southwest at the top of the list of biggest surprises to date is Tyson Foods reporting EPS that was 500% above expectations. In absolute dollars, Ford leads with its $1.0 billion surprise followed by Morgan Stanley and Goldman Sachs with their $444 and $295 million respective surprises.
Earnings Leaderboard - Best Performers (as of 5/5)
|Tyson Foods||TSN||Cons. Staples||4/28/2008||0.01||0.06||500%|
|Starwood Hotels||HOT||Cons Disc||4/24/2008||0.25||0.44||76%|
On the downside, toy maker Mattel continues to lead the losers off by 1400%. In absolute dollars, Wachovia is still the biggest loser with its $1.0 billion downside surprise. Bank of America follows with its downside surprise of $800 million. New to the list is utility Pinnacle West, .
Earnings Leaderboard - Biggest Losers (as of 5/5)
|Company||Symbol||Sector||Rpt Date||EPS Est.||Actual||%Chg|