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Positive revenue surprises are tracking below what we had seen from the same group of companies in Q3, but are roughly in-line with historical periods. The chart below compares the proportion of companies reporting Q4 results that are beating both EPS and revenue estimates with what this same group of companies had reported in other recent periods. View photos Standout Sectors Sectors with strong growth and better than expected results include the Finance, Technology, Construction, Industrial Products, Basic Materials and Consumer Discretionary sectors. Positive surprises for all of these sectors are tracking above the index level. Finance: With results from 57.7% of the sectors market cap in the S&P 500 index already out, total earnings for the sector are up +11.3% from the same period last year on +3.1% higher revenues, with +66.7% beating EPS estimates and +46.2% beating top-line estimates. This is a better growth performance than we have seen from the sector in other recent periods, as the comparison charts below show. Please note that positive surprises are as hard to come by in the Finance sector as they are elsewhere. View photos Strong Finance sector growth is a big driver of the aggregate growth performance for the S&P 500 index as a whole. Excluding the Finance sector, the Q4 growth pace still compares favorably with other recent periods, but a lot less so, as the right-hand chart below shows. View photos Technology: For the Technology sector, we now have Q4 results from 59.6% of the sectors total market cap. Total earnings for these companies are up +7.2% from the same period last year on +4.9% higher revenues, with 69% beating EPS estimates and 82.8% beating revenue estimates.


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FPL Completes Three Solar Projects, Touts Future Plans :: Solar Industry

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