where it is now and oil $60-70/bbl, 2015 S&P EPS should be -$121 vs. our current estimate of $118. 10 blended EPS y/y growth is 2.3% for S&P, 10.0% ex Energy, and 8.2% ex Energy and Financials. 10 EPS y/y growth is strongest at Health Care (18.0%), followed by Financials (16.7%), Tech (9.8%), Cons Disc (

page 9) 317 S&P 500 companies comprising 79% of S&P earnings have reported. 59% of companies beat on EPS with a weighted average beat of 1.3% (2.1% ex Energy, 3.6% ex Energy & Fin). 33% of companies beat on sales with a weighted average miss of - 0.4% (-0.5% ex Energy, -0.6% ex Energy & Fin). Banks repor

page 9) 317 S&P 500 companies comprising 79% of S&P earnings have reported. 59% of companies beat on EPS with a weighted average beat of 1.3% (2.1% ex Energy, 3.6% ex Energy & Fin). 33% of companies beat on sales with a weighted average miss of - 0.4% (-0.5% ex Energy, -0.6% ex Energy & Fin). Banks repor