The Canadian S&P/TSX Composite index is entering another reporting season. 8 companies have yet to report in January. This will be followed by another 126 index constituents in February and 96 in March representing respectively 64% and 27% of S&P/TSX Composite market capitalization.
Earnings expectations
The S&P/TSX Composite index estimate of net income for the Q4 2012 calendar quarter is $27,965M which represents a growth rate of 2.5% (Qt/Qt-4)1. From a sector perspective Utilities (+152.4%) and Health Care (+38.7%) are expected to record the largest growth in net income for this quarter.
The Information Technology (-78.3%), Materials (-15.4%) and Energy (-2.0%) sectors are expected to show the weakest growth over the respective period. Seven of 10 sectors are expected to record an increase in net income when compared to net income reported for a comparable period one-year earlier.
Sales/Revenue expectations
The S&P/TSX Composite index estimate of sales/revenue for the Q4 2012 calendar quarter is $276,020M which represents a growth rate of +3.7% (Qt/Qt-4)2. From a sector perspective Health Care (+97.7%) and Consumer Staples (+14.6%) are expected to record the largest growth in sales/revenue for this quarter. The Information Technology (-12.3%) and Energy (-5.8%) sectors are expected to show the weakest growth over the respective period. Eight of 10 sectors are expected to record an increase in sales/revenue when compared to sales/revenue reported for a comparable period oneyear earlier.
To Read the Entire Report Please Click on the pdf File Below.
Earnings expectations
The S&P/TSX Composite index estimate of net income for the Q4 2012 calendar quarter is $27,965M which represents a growth rate of 2.5% (Qt/Qt-4)1. From a sector perspective Utilities (+152.4%) and Health Care (+38.7%) are expected to record the largest growth in net income for this quarter.
The Information Technology (-78.3%), Materials (-15.4%) and Energy (-2.0%) sectors are expected to show the weakest growth over the respective period. Seven of 10 sectors are expected to record an increase in net income when compared to net income reported for a comparable period one-year earlier.
Sales/Revenue expectations
The S&P/TSX Composite index estimate of sales/revenue for the Q4 2012 calendar quarter is $276,020M which represents a growth rate of +3.7% (Qt/Qt-4)2. From a sector perspective Health Care (+97.7%) and Consumer Staples (+14.6%) are expected to record the largest growth in sales/revenue for this quarter. The Information Technology (-12.3%) and Energy (-5.8%) sectors are expected to show the weakest growth over the respective period. Eight of 10 sectors are expected to record an increase in sales/revenue when compared to sales/revenue reported for a comparable period oneyear earlier.
To Read the Entire Report Please Click on the pdf File Below.
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