Q3 ’19 financial results will start to be released starting in about three weeks, Let’s take a look at Q3 ’19 EPS and revenue estimates by sector and how they have changed the last 90 days: Consensus SP 500 EPS … Continued
The forward 4-quarter estimate is the key metric for this blog’s work since it’s the Street’s best estimate of forward EPS for the SP 500, and that means the forward PE can be calculated, and the “expected” growth rate as … Continued
The first rate cut in – what – 8 or 10 years just 6 weeks ago, saw the SP 500 and the high-yield credit markets sell off sharply. The selling continued through the first half of August as the SP … Continued
FedEx (FDX) reports their fiscal Q1 ’20 after the closing bell on Tuesday, September 17th. 2019. The major Transport component gives investors a look into a number of major geographies, not the least of which is Europe and South East … Continued
While the Industrial-related SP 500 sectors are showing signs of a better 2020 (and this could change by early 2020), the overall SP 500 EPS trends remain little changed as we head into Q4’19. (This SP 500 earnings update is … Continued
With $164 billion in Chinese imports set to see a 15% tariff beginning the weekend and the Chinese retaliating on $15 billion of US goods, and Hong Kong moving further away from what looks like a peaceful resolution, the SP … Continued
Energy is now just 4.5% of the SP 500 market cap weight, down from a high of 15% in September, 2014, when crude oil was trading around $80 – $100 per barrel and just before the commodity tanked to $28 … Continued
In this blog post of August 3rd, 2019, readers were given a heads up on the “upward” revisions occurring to the Industrial-related sectors for 2020. Energy, Materials, Industrials and Communication Services were all sectors showing upward revisions to 2020 sector … Continued
It was the 4th quarter of 2018, where the growth rate started to slow for the SP 500, although we really didn’t get a sense of that until Q4 ’18 earnings reports started in January, 2019. In 2020, the compares … Continued
The attached headline is from a Factset report dated August 12th, 2019, so with Friday’s “tariff tiff”, expect this only to get worse. The SP 500 put in a double-bottom or made critical lows on the following dates in … Continued