By The Numbers
- Dell Has Worst Day in 11 Years, Volume Jumps
- What Would it Take for Facebook to Eclipse Visa's Record IPO?
- Gold Turns Negative for 2012
- The Worst-Performing Energy Stocks This Week
- Papa Johns Hits Record High, Volume Spikes
- S&P 500 Earnings: Biggest Surprises
- Big Lots Has Worst Day Since 2008, Breaks Technical Level
- BP Oil Disaster: Two Years Later
- eBay Has Best Day Since 2008, Volume Spikes
- Here are Today's Winners on the Biotech Index
EDITOR
ABOUT BY THE NUMBERS
#GIOVANNYMOREANO ON TWITTER
Q3 Earnings Preview: Top Expectations for Growth
Text Size 
Director of Market Data & Content Services
October is here and the kickoff to earnings season is just around the corner with Alcoa [AA
Loading...
()
] set to report next week. Here are the Top 20 stocks in the S&P 500 [.SPX
Loading...
()
] with the greatest expected year-on-year analyst growth forecasts.
Keep in mind that with the financial crisis in full swing by the end of the third quarter 2008, many S&P companies were already showing negative earnings and analysts had a tough go at correctly estimating with precision. Perhaps now that the markets seem to have settled down a bit, the analyst numbers will be meaningful once again. At the end of Q2, earnings were down 27.3% from a year prior. First Call consensus data from Thomson Reuters is currently expecting a decline of 24.7% for Q3 2009. The Financials and Consumer Discretionary sectors are the only two S&P sectors expected to show growth overall this quarter.
>> October: Trick or Treat for the Markets
>> Top 20 Stocks With Biggest Expected Price Gains
The leader of the Top 20, Whole Foods [.SPX
Loading...
()
] managed to eke out an EPS of $.01 per share in Q3 of 2008 (Fiscal Q4 for WFMI). Consensus estimates for Fiscal Q4 2009 for WFMI are for $0.18 per share, a Y/Y gain of 1706%. Of course, a one penny denominator helps too. Below is the complete Top 20 from ThomsonReuters based on absolute value of estimated EPS gains compared to Q3 2008 actuals:
 |
Comments? Send them to
- Critical elections are scheduled for Greece in June. Here are some of the players and their roles.
- Our financial system is still not designed to meet the needs of poor families, says this author.
- Statistics show there aren’t many women billionaires compared to their male counterparts. Why?
- Click to see various forms of funding and what entrepreneurs have used to build successful companies.
- Here are some of the most expensive hotels in the world to book. And we mean expen$$ive.
- Always drink responsibly and when you do, try one of these more unusual and tasty drinks. Cheers!
Data is a real-time snapshot *Data is delayed at least 15 minutes
