Bespoke's Estimated Earnings Growth by Sector

As the 2009 4th quarter reports roll in, it is helpful to have an idea of which sectors are expected to show the most earnings growth year over year.  Bespoke Investment Group took the consensus estimates for Q4 earnings growth and gave us the below snapshot:

Banks and materials are expected to deliver the largest gain percentage-wise over what they reported for the “crisis quarter” that was Q4 2008 (post-Lehman).  That makes sense as banks are coming back from massive losses taken then and commodity prices across the board hit their lows during that quarter.

Source:

Estimated Q4 S&P and Sector Earnings Growth (BIG)