For the last few quarters, I have been commenting upon revenue growth in corporate results. I have focused on a variety of diversified manufacturers and distributors, all of them well-respected S&P500 firms. Prior posts on this issue are found at this link.
For the recently released 3Q 2010 financial results, there generally has been decent revenue growth. Many companies have been posting seemingly strong, double-digit growth, but this has been against weak year-ago results. As one would expect, revenue growth appears strongest in the Asia region.
It will be interesting to monitor these revenue growth figures going forward. Revenue growth generally lacks recognition, especially compared to earnings growth and whether companies are matching or beating earnings “expectations.” However, for a variety of reasons revenue growth, and its dynamics, is of the utmost importance, especially in the exceedingly complex economic environment we have been experiencing.
A Special Note concerning our economic situation is found here
SPX at 1218.71 as this post is written