{"id":4203,"date":"2012-04-25T19:31:29","date_gmt":"2012-04-25T23:31:29","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4203"},"modified":"2012-04-25T19:31:29","modified_gmt":"2012-04-25T23:31:29","slug":"an-earnings-season-only-a-pessimist-could-love-the-globe-and-mail","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/25\/an-earnings-season-only-a-pessimist-could-love-the-globe-and-mail\/","title":{"rendered":"An earnings season only a pessimist could love &#8211; The Globe and Mail"},"content":{"rendered":"<p>With more than 25 per cent of S&amp;P 500 companies having reported their first-quarter results, 80 per cent have exceeded analysts\u2019 consensus profit estimates \u2013 a record pace, and well above the historical average of 62 per cent.<\/p>\n<p>&#8230;.The record \u201cbeat rate,\u201d as earnings trackers call it, can\u2019t gloss over the fact that earnings forecasts have been in decline for months \u2013 leaving expectations so low that topping them is a dubious achievement&#8230;&#8230;..Major earnings-tracking services such as Factset, Thomson Reuters Research and S&amp;P Capital IQ expect S&amp;P 500 year-over-year earnings growth of between 4 and 4.5 per cent for the quarter ended March 31. That would be the weakest profit growth in more than two years.<\/p>\n<p>via <a href='http:\/\/www.theglobeandmail.com\/globe-investor\/an-earnings-season-only-a-pessimist-could-love\/article2411597\/'>An earnings season only a pessimist could love &#8211; The Globe and Mail<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With more than 25 per cent of S&amp;P 500 companies having reported their first-quarter results, 80 per cent have exceeded analysts\u2019 consensus profit estimates \u2013 a record pace, and well above the historical average of 62 per cent. &#8230;.The record \u201cbeat rate,\u201d as earnings trackers call it, can\u2019t gloss over the fact that earnings forecasts &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/25\/an-earnings-season-only-a-pessimist-could-love-the-globe-and-mail\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;An earnings season only a pessimist could love &#8211; The Globe and Mail&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57,34],"tags":[],"class_list":["post-4203","post","type-post","status-publish","format-standard","hentry","category-stock-markets","category-us-canada-countries-regions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>An earnings season only a pessimist could love - The Globe and Mail - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An earnings season only a pessimist could love - The Globe and Mail - the patient investor\" \/>\n<meta property=\"og:description\" content=\"With more than 25 per cent of S&amp;P 500 companies having reported their first-quarter results, 80 per cent have exceeded analysts\u2019 consensus profit estimates \u2013 a record pace, and well above the historical average of 62 per cent. &#8230;.The record \u201cbeat rate,\u201d as earnings trackers call it, can\u2019t gloss over the fact that earnings forecasts &hellip; Continue reading &quot;An earnings season only a pessimist could love &#8211; The Globe and Mail&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/25\/an-earnings-season-only-a-pessimist-could-love-the-globe-and-mail\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-25T23:31:29+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/25\/an-earnings-season-only-a-pessimist-could-love-the-globe-and-mail\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/25\/an-earnings-season-only-a-pessimist-could-love-the-globe-and-mail\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"An earnings season only a pessimist could love &#8211; 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While this could be a spill-over of offshore funds repatriated as a result of the 2017 Tax Cuts and Jobs Act, companies have\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52881,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/05\/15\/sp-500-fundamentals-dont-stack-up\/","url_meta":{"origin":4203,"position":1},"title":"S&#038;P 500 fundamentals don&#8217;t stack up","author":"Colin Twiggs","date":"May 15, 2024","format":false,"excerpt":"The S&P 500 threatens another advance, fueled by easy monetary conditions, but the fundamentals don't stack up. Sales and earnings multiples are stretched despite weak expected sales and earnings growth for the March quarter -- with 458 of 503 stocks in the index having reported. S&P 500 The index is\u2026","rel":"","context":"In &quot;GDP and Activity&quot;","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-14-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-14-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-14-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":13346,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/18\/wage-growth-hits-fresh-lows-abc-news\/","url_meta":{"origin":4203,"position":2},"title":"Wage growth hits fresh lows | ABC News","author":"ColinTwiggs","date":"May 18, 2016","format":false,"excerpt":"From Michael Janda: Wage growth has hit a fresh record low, with workers' pay rising just 0.4 per cent last quarter and 2.1 per cent over the past year. The latest seasonally adjusted Bureau of Statistics Wage Price Index is growing at the lowest level since the data began in\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14207,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/09\/20\/tpg-shares-drop-more-than-20-per-cent-on-disappointing-forecast\/","url_meta":{"origin":4203,"position":3},"title":"TPG shares drop more than 20 per cent on disappointing forecast","author":"ColinTwiggs","date":"September 20, 2016","format":false,"excerpt":"From Lucy Battersby: The market has fallen out of love with telco company TPG.... The cut-price telco beat guidance by just $300,000 when it has a history of beating guidance by tens of millions of dollars. It has also forecast earnings growth of 7 per cent this year, the lowest\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12336,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/09\/14\/not-much-wrong-with-the-us-economy\/","url_meta":{"origin":4203,"position":4},"title":"Not much wrong with the US economy","author":"ColinTwiggs","date":"September 14, 2015","format":false,"excerpt":"Profit margins in the US are contracting, with the second quarter showing a 6.0% decine in profit per unit of real gross value added (Nonfinancial). Contraction of greater than 10% would be cause for concern, but we need to dig a little deeper. Earnings per share for the S&P 500\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"Declining US Profit Per Unit of Real Gross Value Added (Nonfinancial)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-09-14-profitmargins.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-09-14-profitmargins.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-09-14-profitmargins.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":17993,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/03\/22\/buybacks-interest-rates-and-declining-earnings-growth\/","url_meta":{"origin":4203,"position":5},"title":"Buybacks, interest rates and declining growth","author":"Colin Twiggs","date":"March 22, 2019","format":false,"excerpt":"The Fed did a sharp about-turn on interest rates this week: a majority of FOMC members now expect no rate increases this year. 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