When will earnings go back to pre-recession levels?

Approximately one third of the surveyed saw revenue growth returning within six months, one third said by the start of 2011 and the final third not for at least two years.

Only 1% of the respondents were pessimistic enough to say it would never return to pre-recession levels.

“Revenue growth – not just earnings growth – is now the burning platform for corporate, many of whom see recovery, certainly in the short to medium term, as sluggish”, John Murphy added.