Zacks Earnings Trends Highlights: American International Group, CONSOL Energy, Peabody Energy, Regions Financial, SunTrust and KeyCorp.

Business Wire › May 13, 2009

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Zacks Earnings Trends Highlights: American International Group, CONSOL Energy, Peabody Energy, Regions Financial, SunTrust and KeyCorp.

CHICAGO -- Zacks Research Director, Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink. He tracks companies on the Zacks.com web site, naming names, while forecasting trends for the months ahead.

Key Points from Van Dijk's Latest Earnings Assessment

* Earnings season is almost over with 88.4% of reports in

* Total reported net income is down 32.0% from year ago, but up 86.8% from Q4

* Financials are much better than expected, but the quality of earnings is awful

* Ex-Financials, total earnings are down 36.4% from a year ago and down 20.1% from Q4

* Total net income i...

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