Earnings results for Q2 - S&P 500

434 companies of S&P 500 reported earnings results for second quarter of 2008. Up to now 66% beat estimates and 23% were below estimates. 11% were in line with expectations.

Earnings growth for Q2 turned negative with current y-o-y decline -21.8%. This number includes already reported numbers together with estimates for reports not yet released.

In respect to those numbers I would like to provide link to the video showing trading results statistics for Q2 from Market Club guys.