Quotes by John Butters

“Many of the energy sector earnings have been revised up recently, and that includes forecasts for the second quarter and for the full year.”

“Earnings so far have been fairly robust. And if you look at projections, the short-term looks pretty good too.”

“Overall, companies are topping estimates by about two percent, which is below the long term average of 3.2 percent and the average of the last 8 quarters, which is 5 percent.”

“Energy is certainly the driver of growth in the second quarter, with the sector expected to see year-over-year growth of 41 percent.”

“The long-term average earnings growth is about 7 percent, ... so mid- to high teens this quarter is still good.”

“No surprise there, with the run up in energy prices.”

“Next week is not a big week in terms of the number of companies reporting, but it is a big week in terms of influential companies reporting.”

“Its been a very positive quarter so far for tech pre-announcements.”

“It sounds like a broken record, but companies are still recording solid earnings growth. Its a trend we have been seeing for quite a while.”

“If you look at technology, for instance, for the S.&P. 500, 14 out of 20 companies that have reported beat the number. But when you have some of the big names lower numbers, it sets the mood for everyone.”