Anything of particular note you’ll be looking out for?
I’m OK if profitability in some places has some squiggles.
What I’m hoping to see is very strong top line growth within the bulk of the segments…a measure of pricing power versus inflation.
Any place it’s weak, I want to hear that it’s entirely due to supply constraints.
I usually look only at trailing four quarters versus trailing four quarters a year earlier, but I’ll be watching year-on-year for the quarter as well.
Q2 is the quarter requiring the least seasonal adjustment, so the quarterly operating earnings (excluding underwriting) will be a guide to earning power that isn’t as terrible as it usually is.
Jim