DOW EARNINGS OVERVIEW
Dow earnings margins are expected to improve. Revenue per share is up, earnings are up and dividends are up.
Forecast earnings have declined, however there remains substantial room for movement in estimates.
Earnings estimates have been consistently conservative by the time they are announced. On average they have been 5% less than actual earnings.
Economic indicators are bullish, indicating a continued growth in earnings per share at a rate greater than consensus forecast.