S&P 500 Q2 Sales and Earnings

As a follow-up to my post from a couple of weeks ago I want to update you on Q2 2010 S&P 500 earnings season. As you can see in the chart below, the sales and income growth are consistent with what we saw in my earlier post.  Sales growth is a healthy 9.14% and earnings growth is a stellar 41.81%.  Companies are doing better than a year ago, but are still holding back on expenditures and hiring.  As we move into Q3 it will be harder to have such impressive growth unless we get some certainty in the economy.