S&P500 Earnings Forecasts For 2010 And 2011

As many are aware, Standard & Poors publishes earnings estimates on a quarterly basis.  My previous post concerning their estimates can be found at this May 30 post)

Currently, their estimates for 2010 add to the following:
-From a “bottom up” perspective, operating earnings of $82.87/share
-From a “top down” perspective, operating earnings of $78.29/share
-From a “top down” perspective, “as reported” earnings of $71.03/share

Currently, their estimates for 2011 add to the following:
-From a “bottom up” perspective, operating earnings of $94.12/share
-From a “top down” perspective, operating earnings of $86.23/share
-From a “top down” perspective, “as reported” earnings of $84.90/share

As I commented in the December 20, 2009 post, coming into 2010 the overall consensus on S&P500 earnings for the year seemed to be in the $75 range.
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I post various economic forecasts because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not agree with many of the consensus estimates and much of the commentary in these forecast surveys.
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SPX at 1125.69 as this post is written