Extract from eQR securities…..
“The month of February was a strong one for the S&P/ASX 200, with the benchmark index recovering all of January’s losses and then some, advancing 4.14%. The rally was driven by a reasonable company reporting period where steady earnings growth, high payouts and hints of better trading conditions boosted investor confidence.
We believe that earnings season on the whole was solid with analysts upgrading second half expectations. Despite the mild uptick to expectations, earnings per share estimates continue to track below trend with upward revisions not flowing through to FY15.
Click on the link below to view the eQR securities Earnings Season Wrap Up Presentation.”
eQR Securities Season Wrap Up You-Tube Video – 11th March 2014