Standard & Poor’s S&P500 Earnings Estimates For 2013 & 2014 – As Of May 18, 2013

As many are aware, Standard & Poor’s publishes earnings estimates for the S&P500.  (My posts concerning their estimates can be found under the S&P500 Earnings tag)

For reference purposes, the most current estimates are reflected below, and are as of May 18, 2013:

Year 2013 estimates add to the following:

-From a “bottom up” perspective, operating earnings of $109.69/share

-From a “top down” perspective, operating earnings of $113.07/share

-From a “top down” perspective, “as reported” earnings of $107.18/share

Year 2014 estimates add to the following:

-From a “bottom up” perspective, operating earnings of $123.38/share

-From a “top down” perspective, operating earnings of $121.80/share

-From a “top down” perspective, “as reported” earnings of $117.53/share

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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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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1655.35 as this post is written