Summary
Earnings Scorecard: Of the 496 companies that have reported earnings to date for Q3 2013, 73% have reported earnings above the mean estimate and 52% have reported sales above the mean estimate.
Earnings Growth: The blended earnings growth rate for Q3 2013 is 3.5%. The Consumer Discretionary has the highest earnings growth rate for the quarter, while the Energy sector has the lowest earnings growth rate for the quarter.
Earnings Guidance: For Q4 2013, 92 companies have issued negative EPS guidance and 11 companies have issued positive EPS guidance.
Valuation: The current 12-month forward P/E ratio is 15.0. This P/E ratio is above the 10-year average of 14.0. See Factset.com chart below for historic view.
