Reporting season on the ASX200 is about halfway through, and results have been steady if not spectacular. That's the view of Credit Suisse analysts Hasan Tevfik and Peter Liu, whose halftime scorecard echoed the lukewarm assessment of the UBS equities team last week. The pair said that of the companies that had reported, analysts have downgraded their earnings per share forecasts by a weighted average of 0.3%. Since 2004, the average downgrade in a reporting period month since has been 0.9%.