Expected Earnings Growth for Industries in S&P 500

The following table details the expected quarterly and annual year-over-year share-weighted earnings growth for industry groups in the Standard and Poor’s 500 Index.

Percentages are calculated using Bloomberg earnings estimates for the current period compared with actual figures from a year ago. Companies are then grouped together by industry and summed for each period to calculate the percentage growth.

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                                  Q1/12  Q2/12  Q3/12  Q4/12 FY12* FY13* FY14*
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S&P 500 Index Growth               5.3%   1.6%   6.5%  17.5%  9.2% 12.3% 10.6%
S&P 500 Ex-Financials              4.2%   0.2%   4.0%  14.5%  7.6% 12.1% 10.4%

-------------------------------Consumer Discretionary---------------------------
Total Sector                       4.0%   1.6%  10.3%  19.5%  7.6% 16.4% 15.3%
  Automobiles & Components       -14.6% -21.3%  -8.2%  51.6%  1.7% 20.5% 10.9%
  Consumer Durables & Apparel      0.8%  -1.9%   0.0%   5.3%  1.4% 10.9% 16.3%
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                                  Q1/12  Q2/12  Q3/12  Q4/12 FY12* FY13* FY14*
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-------------------------------Consumer Discretionary---------------------------
  Consumer Services               13.2%   8.7%  19.4%  16.5% 19.7% 19.4% 17.7%
  Media                           10.7%   7.8%  17.5%  11.6%  9.7% 17.1% 15.8%
  Retailing                        5.5%   5.5%  14.3%  28.7%  8.2% 13.5% 16.3%

---------------------------------Consumer Staples------------------------------
Total Sector                       1.5%   4.0%   6.3%   9.7%  3.0%  9.5%  9.5%
  Food & Staples Retailing         1.7%   4.7%   8.8%  12.0%  5.0%  8.9% 10.2%
  Food Beverage & Tobacco          1.7%   2.0%   5.1%   9.7%  2.7%  9.9%  9.3%
  Household & Personal Products    0.9%   9.4%   6.7%   6.2%  1.2%  9.2%  9.3%

--------------------------------------Energy-----------------------------------
Total Sector                      -2.7%  -9.0%  -7.9%  19.8%  0.8% 11.2%  5.1%
  Energy Equipment & Services     31.1%  12.0%   5.1%   9.6% 13.3% 21.8% 19.6%
  Oil, Gas and Consumable Fuels   -6.4% -11.4%  -9.6%  21.6% -0.9%  9.6%  2.6%

-------------------------------------Financials---------------------------------
Total Sector                      10.5%   9.6%  22.3%  36.1% 18.3% 13.4% 11.6%
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                                  Q1/12  Q2/12  Q3/12  Q4/12 FY12* FY13* FY14*
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-------------------------------------Financials---------------------------------
  Banks                           21.5%   7.7%  12.9%  23.1% 18.0% 12.1% 11.8%
  Diversified Financials           6.3%  -2.2%  -0.2%  84.5% 11.8% 17.4% 12.1%
  Insurance                        8.9%  44.4% 207.8%   0.4% 32.9%  7.3% 11.3%
  Real Estate                     20.6%  17.8%  16.9%   9.0% 21.4% 10.3%  8.7%

-------------------------------------Health Care--------------------------------
Total Sector                       0.3%  -0.8%  -0.9%   5.1%  1.6%  6.9%  8.5%
  Health Care Equipment & Srvs.    1.9%   4.1%   7.5%  12.1%  5.6% 10.7%  9.4%
  Pharma., Biotech. & Life Sci.   -0.4%  -3.0%  -4.7%   2.1% -0.3%  5.1%  8.0%

-------------------------------------Industrials--------------------------------
Total Sector                      13.8%   7.7%   9.3%  10.4% 10.0% 13.7% 12.5%
  Capital Goods                   13.3%   7.5%   9.2%  10.3%  9.7% 13.6% 12.0%
  Commercial Services & Supplies   0.8%  -1.9%   0.0%   5.3%  1.4% 10.9% 16.3%
  Transportation                  21.3%  11.2%  12.7%  12.8% 14.3% 14.8% 14.0%


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                                  Q1/12  Q2/12  Q3/12  Q4/12 FY12* FY13* FY14*
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----------------------------------Information Technology------------------------
Total Sector                      14.1%   5.0%  13.3%  15.4% 21.6% 13.5% 11.4%
  Semiconductors                 -22.7% -18.4%   4.0%  38.3% -8.2% 17.6% 10.0%
  Software & Services             11.7%   4.0%   9.2%  13.7% 20.8% 12.9% 11.6%
  Technology Hardware & Equip.    29.8%  14.5%  21.5%  12.1% 34.0% 13.0% 11.5%

---------------------------------------Materials--------------------------------
Total Sector                      -9.6% -11.2%   1.6%  38.1%  1.6% 19.9% 10.0%

--------------------------------Telecommunication Services----------------------
Total Sector                       1.4%   0.4%  -5.2%  33.6%  1.0% 18.3% 22.4%

--------------------------------------Utilities---------------------------------
Total Sector                      -8.8%  -6.5%  -5.2%   7.2% -4.1%  2.8%  4.7%
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* -- Fiscal year EPS from each company was used to calculate the growth, it might not add up from the quarterly EPS.

NM -- The calculations of percentage changes between profit and loss and vice versa are not meaningful, hence not calculated.

To contact the reporter on this story: Wendy Soong in New York at csoong@bloomberg.net

To contact the editor responsible for this story: Alex Tanzi at at atanzi@bloomberg.net