in the banking sector was driven by Emirates NBD (51.
Construction related companies and conglomerates also had clocked an earnings growth
of 16 per cent and 12 per cent respectively, the latest study reveals.
The financial services and real estate sector witnessed an overall earnings growth
of 54 per cent and 47 per cent respectively owing to improving prospects in key markets such as UAE and Qatar.
For the first five or six years of the decade, real earnings were essentially fiat; between January 1990 and May 1996, earnings growth
fell about 2%.
He points out that at General Electric, former CEO Jack Welch was expected to produce annual earnings growth
of 14 percent.
Pfizer (NYSE: PFE), the pharmaceutical giant, had revenue growth of 31% in 2000, long-term earnings growth
of about 23%, and a forward P/E of about 35 times earnings.
The rage for technology stocks extended to the Dow, where IBM rose sharply throughout the trading day on expectations it would post solid earnings growth
28 /PRNewswire/ -- Drawing on its acknowledged economic expertise, coupled with a retrospective look at world markets in 1994, I/B/E/S -- the global supplier of financial analysts' earnings expectations -- today issued its predictions for corporate earnings growth
All else being the same, however, expectations of earnings growth
can provide keen insight into why the common stocks of similar companies trade at different multiples.
Nasdaq: MIND) boasts year-over-year earnings growth
During the first six months of the year, investors have gravitated to large companies with track records of consistent earnings growth
But it appeared Tuesday that the rush of money into the stock market from Americans and foreigners is so strong that it may be enough to overcome less-than-fabulous earnings growth