2011 S&P 500 Earnings Estimate

Howard Silverblatt, the top numbers guy at Standard & Poor’s, has pegged 2011 consensus earnings estimates for the S&P 500 at $93.55. Some have the consensus even higher. If that’s correct, then this market is still on the inexpensive side.
One major caveat is that we shouldn’t a great deal of faith in an earnings projection so far away. In March of 2009, Goldman said that the S&P 500 would earn just $40 for the entire year. Instead, it was $57.

Posted by on April 12th, 2010 at 10:41 am


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