here is something interesting, i believe published by Standard and Poors. 

http://www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS

I have the one from Jan08 and am trying to make a comparison.  Does anyone know another way to find forward earning estimates for S&P 500.  (no indiv. stocks).  how do we find if they are rising or falling? 

Could someone explain those first two columns.

OPER Earnings per Share - bottom up

As Reported Earnings - top down

what is top down vs bottom up?  Are reported, those estimates by the company as opposed to analysts?  What is diference btn Operating and As Reported.