S&P 500 Earnings Leaderboard: Biggest Surprises Season to Date

As of yesterday, over 80% of the S&P 500 companies have reported earnings.

Here's how things stand:

• Companies Exceeding Estimates: 65%
• Companies Matching Estimates: 8%
• Companies Falling Below Estimates: 27%

Compared to just over a week ago when only 40% had reported, the breakdown has shifted with an increase in companies beating vs. meeting estimates. Textron has had the biggest percent surprise to the upside followed by Caterpillar , and Bank of America. In absolute dollars, financials take 4 of the 5 top spots on the leaderboard. After BAC's surprise of nearly $2.5 billion, Ford follows with its $1.4 billion surprise. Citigroup's $876 million surprise is next.

Earnings Leaderboard - Best Performers (as of 5/6)

Company	Symbol	Sector	Date	EPS Est.	Actual	%Chg
Textron	TXT	Industrials	4/28/2009	0.01	0.18	1700%
Caterpillar	CAT	Industrials	4/21/2009	0.04	0.39	875%
Bank of America	BAC	Financials	4/20/2009	0.05	0.44	780%
Starwood Hotels	HOT	Cons Disc	4/30/2009	0.03	0.14	367%
Coca Cola Enterprises	CCE	Cons Stps	4/28/2009	0.05	0.20	300%

Thomson Reuters

Wynn Resorts has taken the lead in downside surprises followed by three financials: CB Richard Ellis , Sallie Mae , and Janus Capital . In absolute dollars, financials get a 5 for five sweep led by Huntington Bancshares' miss over $2.4 billion followed by Suntrust Banks' $656 million negative surprise.

Earnings Leaderboard - Biggest Losers (as of 5/6)

Company	Symbol	Sector	Rpt Date	EPS Est.	Actual	%Chg
Wynn Resorts	WYNN	Cons Disc	5/5/2009	0.02	-0.27	-1450%
CB Richard Ellis	CBG	Financials	4/29/2009	0.02	-0.03	-250%
Sallie Mae	SLM	Financials	4/22/2009	0.12	-0.03	-125%
Janus Capital	JNS	Financials	4/23/2009	0.06	0.02	-67%
Tesoro	TSO	Energy	5/6/2009	0.37	0.18	-51%

Thomson Reuters

Source:Thomson Reuters

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