Monday, April 9, 2007

Results for S&P 500 companies seen up 5 percent

(Reuters) - These companies have reported 13 positive forward-looking guidance statements and 38 negative outlooks, yielding a positive-to-negative pre-announcement ratio of 0.34, the survey found.

Through April 9, 29 S&P 500 companies have reported their quarterly earnings. Of these companies, 62.07 percent beat estimates, 20.69 percent missed estimates and 17.24 percent matched estimates, Reuters Estimates said.


Read more at Reuters.com Business News

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