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U.S. companies optimistic about Q2 numbers

Monday, June 28, 2010

With the second quarter coming to a close, companies in the S&P 500 are much more optimistic than normal. It is another reminder that U.S. corporations have come through the crisis relatively strong, with solid balance sheets and efficient operations.

The number of companies that have said their earnings will be worse than expected is only slightly higher than companies that have said they are doing better than investors believe. The current ratio of negative to positive is 1.2, while the long-term average is 2.1, meaning in a normal quarter, twice the number of companies deliver bad news than good.

WSJ

Posted by Carlos Olin Montalvo at 3:45 PM  

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