S&P500 earnings trends and estimates is a notably important topic, for a variety of reasons, at this point in time.
For reference purposes, here are two charts as seen in the “Earnings Insight” report of March 22, 2013:
from page 17:
(click on charts to enlarge images)
CY Bottom-Up EPS vs. Top-Down Mean EPS (Trailing 26-Weeks)
from page 18:
Calendar Year Bottom-Up EPS Actuals & Estimates
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.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 1563.77 as this post is written