Earnings: The Big Picture

While growth should continue to slow through the third quarter, Standard & Poor's says market fundamentals remain positive

For 18 consecutive quarters—from the second quarter of 2004 through the third quarter of 2006—corporations have enjoyed double-digit operating earnings growth. And the initial retreat from double-digit gains looks perfectly orderly, with the fourth quarter of 2006 posting an 8.9% gain and the first quarter of 2007 recording a 7.8% increase.

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