Content about Bank of America

01.14.10

Earnings season is upon us. The companies in the S&P 500 are expected to post ‘operating’ earnings of $15.80 per share for Q4, up from $5.62 in the same quarter last year. Operating earnings do not account for one-time charges and other types of write-downs. If the figure is attained, it would bring full year earnings to just under $60, about 10% less than 2008, but 30% less than the peak posted in 2006.