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As of Monday, November 23rd:
The blended earnings growth rate for the S&P 500 for Q3 2009, combining actual numbers for companies that have reported, and estimates for companies yet to report is unchanged at -13.8% from the previous day. As of October 1st, the earnings growth rate was at -24.7%.Of the 482 S&P 500 companies who have reported Q3, 79% beat estimates, 7% were in-line, and 14% were below estimates.  The blended earnings growth rate for the S&P 500 for Q3 2009 is currently at -13.8%. (Data provided by Thomson Reuters)

LATEST EARNINGS RESULTS


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Gap's Profit Drops Almost 14% Amid Sluggish Demand
Companies:Gap Inc
By: The Associated Press | 21 May 2009 | 04:16 PM ET
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Gap reported its first-quarter profit fell almost 14 percent as the apparel chain faces sluggish consumer demand during the recession, but the results narrowly beat estimates.

The chain [GPS  Loading...      ()   ] said it posted $215 million, or 31 cents per share, on Thursday for the three months that ended May 2. That compares with $249, or 34 cents per share, a year earlier.

It says its revenue dropped 8 percent to $3.13 billion, from $3.38 billion. Sales at stores open at least a year, or same-store sales, fell 8 percent.

Analysts had forecast profit of 30 cents per share on revenues of $3.14 billion.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Current DateTime: 07:33:48 24 Nov 2009
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