A little more discussion on 2019 SP 500 EPS estimates and looking into next year. Staying away from sector estimates for now, how have 2019 “bottom-up” annual EPS estimates tracked for the SP 500 over 2018 ? Readers … Continued
WalMart (WMT) officially ends the Q3 ’18 earnings season this week, with their report Thursday morning. Looking ahead to next year and to answer the headline question directly, “Not Much” is probably the best answer. Let’s look at the data: … Continued
At 4% of the SP 500 market cap and 10% of the Nasdaq QQQ’s, not to mention the 20% EPS weight (per IBES by Refinitiv), Apple is not a small part of the US stock market. The fact is, Apple … Continued
With the 2.5% rally this week in the SP 500, the SP 500 “earnings yield” ended Friday, November 2nd, 2018 at 6.36% vs last week’s 6.52%. The last time we saw a lengthy string of SP 500 earnings yield prints … Continued
Check back in tomorrow morning for the weekly SP 500 earnings data, i.e. Saturday morning, November 3rd, 2018. One aspect to the October drop in stocks, is that there was no flight to Treasuries. The 10-year Treasury yield jumped from … Continued
Revenue Period S&P 500 Total 2020E 2019E 5.4% 2018E 8.4% 2017 6.6% 2016 1.1% 2015 -3.6% 2014 3.9% 2013 1.5% 2012 1.7% Source: Refinitiv IBES Thanks to Tajinder Dhillon, part of David Aurelio’s team at Refinitiv IBES, the old … Continued
David I. Templeton of Horan Capital Advisors out of Cincinnati, posted this Q3 ’18 SP 500 revenue update to Twitter (@HoranCapitalAdvisors) on Saturday, October 27th, 2018. It’s important info, but to supplement David’s work, let’s take a look at … Continued
Apple may throw a life vest to the beleaguered Technology sector this week, with their fiscal Q4 ’18 financial results release after the bell on November 1, ’18. To keep tonight’s post short and sweet, here is how Apple’s EPS … Continued
One of the themes written about over on Seeking Alpha the last 10 years is the “Original (Tech) Gangsters” which represented the growth giants from the 1990’s, which includes Microsoft (MSFT), Intel (INTC), Oracle (ORCL), Cisco (CSCO) and even IBM … Continued
Here is the expected (and actual) EPS and revenue growth for the Technology sector: Q4 ’19: +11.3%, +5.6% (est) Q3 ’19:+9.6%, +5.6% (est) Q2 ’19: +5%, +4.8% (est) Q1 ’19: +6.8%, +5.1% (est) Q4 ’18: +13.8%, +5.3% (est) Q3 ’18: … Continued