S&P 500 Set To Witness 6.3 Percent Earnings Growth In Q4 2013

Mani

Published onDecember 31, 2013

Updated on May 13, 2021

The Q4 2013 estimated earnings growth rate for the S&P 500 (INDEXSP:.INX) is pegged at 6.3% by FactSet.

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The financial information systems provider however believes the estimated earnings growth is less than the 9.6% projected on September 30.

Financials to exhibit highest earnings growth

John Butters, Senior Earnings Analyst at FactSet believes the financial sector is projected to have the highest earnings growth rate for Q4 2013, while the energy sector is projected to have the lowest earnings growth rate for the quarter.

As can be deduced from the following graph, the financials sector is set to grow at 24.2% followed by industrial sectors at 14.1%.

Interestingly, on September 30, the...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

S&P 500 Set To Witness 6.3 Percent Earnings Growth In Q4 2013

Financials to exhibit highest earnings growth

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