Summary of Reported EPS for First Quarter of ’13 for S&P 500

The following are the cumulative earnings per share results for the first quarter of 2013 for companies in the Standard & Poor’s (SPX) 500 Index. The earnings included in the first quarter is based on companies announced quarter ended date in the period of Feb. 16 to May 15 and were as of index members on March 28 (the last day of the quarter).

Weighted and non-weighted averages are year-over-year percent changes. Share-weighted averages are based upon diluted shares outstanding of each compared quarter. Market capitalization weighted averages are based upon the market capitalization as of the close on March 28, 2013. The percentages calculations are based on earnings from continuing operations excluding gains, charges and one-time items.


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                                           SHARE-     MKT-CAP     NON-
                                          WEIGHTED   WEIGHTED  WEIGHTED
THE S&P 500 UNIVERSE:                      % CHG      % CHG      % CHG
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TOTAL REPORTED Q1/13   498   GAIN/LOSS:      2.6%       2.6%      6.2%
TOTAL UP  EPS          345   AVG. UP:       14.4%      15.2%     19.9%
  REVERSALS UP           4^
TOTAL DOWNEPS          138   AVG. DOWN:    -20.8%     -17.4%    -23.5%
  REVERSALS DOWN         4^
UNCHANGED EPS           15
TOTAL EX-FINANCIAL:    417   GAIN/LOSS:      1.9%       1.5%      6.1%

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YEAR-OVER-YEAR COMPARISONS**:
==========================================================================

ADJUSTED Q1/13 EARNINGS OF 498/500:                            $26.87#
Q1/12 EARNINGS FOR S&P 500:                                    $25.59
PCT. CHANGE OF ADJUSTED EARNINGS TO Q1/12 EARNINGS:              5.00%
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YEAR-OVER-YEAR COMPARISONS**:
==========================================================================

NET INCOME (AS REPORTED) Q1/13 EARNINGS OF 498/500:            $25.08#
Q1/12 NET INCOME EARNINGS FOR S&P 500:                         $22.88
PCT. CHANGE OF NET INCOME EARNINGS TO Q1/12 EARNINGS:            9.62%

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DISTRIBUTION OF EARNINGS SURPRISES@:
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POSITIVE SURPRISES:    331/496 = 66.7%
% of Surprises:                        EPS Differences (Actual-Estimate):
      (0% to 10%):     194             (1 cent):                     41
     (10% to 20%):      85             (2 cents):                    45
     (20% to 30%):      20             (3 to 4 cents):               62
     (30% to 40%):      11             (5 to 9 cents):               86
     (40% to 50%):       5             (10 to 19 cents):             56
  (more than 50%):      15             (20 to 49 cents):             34
       % chg NM          1             (50 cents or more):            7
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DISTRIBUTION OF EARNINGS SURPRISES:
==========================================================================

0% SURPRISES:           45/496 = 9.1%

NEGATIVE SURPRISES:     120/496 = 24.2%
% of Surprises:                        EPS Differences (Actual-Estimate):
       (-10% to 0%):    87             (-1 cent):                    38
     (-20% to -10%):    14             (-2 cents):                   18
     (-30% to -20%):     8             (-3 to -4 cents):             17
     (-40% to -30%):     6             (-5 to -9 cents):             28
     (-50% to -40%):     1             (-10 to -19 cents):           11
   (less than -50%):     3             (-20 to -49 cents):            6
         % chg NM        1             (-50 cents or less):           2
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*-- Up reversals reflect companies which reported per-share profits this year against losses a year earlier. Down reversals reflect losses this year and gains last year.

^-- Included in the total up/down eps counts.

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

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