Approximately 74% of S&P 500 Companies That have Reported Earnings Have Exceeded Projections
Five Star Equities Provides Stock Research on Avon Products and Campbell Soup Company
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/18/13 -- The S&P 500 Index has continued its surge throughout this earnings and has topped the 1500 mark for the first time in five years. The S&P Index has posted a gain of nearly 7 percent year-to-date. Five Star Equities examines the outlook for companies in the S&P 500 Index and provides equity research on Avon Products, Inc. (NYSE: AVP) and Campbell Soup Company (NYSE: CPB).
Access to the full company reports can be found at:
Signs of an improving U.S. economy combined with a relatively strong earnings season has helped fuelled the S&P Index's rally in the early parts of 2013. Of the 354 companies in the S&P 500 Index that have reported earnings this year approximately 74 percent have exceeded projections, according to data from Bloomberg.
"The early months of any year are often seasonally strong for the stock market, and this year was no exception," said Lawrence Creatura, portfolio manager at Federated Investors, which oversees $380 billion. "The important question is, were those gains earned? Based on the earnings results that we've gotten so far, it seems as though they were."
Five Star Equities releases regular market updates on the S&P 500 Index so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Avon is a leading global beauty company with nearly $11 billion in annual revenue. As the world's largest direct seller, Avon is sold through more than 6 million active independent Avon Sales Representatives. The company reported adjusted EPS of $0.37 per share in the fourth quarter, surpassing analysts' estimates of $0.27 per share. Shares of Avon have soared over 40 percent year-to-date.
Campbell Soup Company is a manufacturer and marketer of high-quality foods and simple meals. The company recently reported that sales for the fiscal second quarter increased 10 percent year-over-year to $2.33 billion. Berkshire Hathaway's recent acquisition of Heinz Co. has raised speculation more deals may occur within the packaged food industry.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 18.02.2013 - 07:20 Uhr
Sprache: Deutsch
News-ID 1197875
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Commercial & Investment Banking
Anmerkungen:
Diese Pressemitteilung wurde bisher 106 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Approximately 74% of S&P 500 Companies That have Reported Earnings Have Exceeded Projections
"
steht unter der journalistisch-redaktionellen Verantwortung von
Five Star Equities (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
