This weekend’s Weekly Earnings Update which was really the SP 500 forward earnings curve is/was another sign that SP 500 earnings revisions are getting less negative. There are different ways we can look at the core IBES data (provided by Refinitiv), … Continued
First, let’s take a look at the last five years of annual SP 500 EPS and the year-over-year (y/y)growth rate : 2019: $162.93 for +1% y/y growth 2018: $161.93 for +23% y/y growth (tax-reform aided) 2017: $132.00 for +12% y/y … Continued
It’s easy to go off on a tangent when analyzing SP 500 earnings data so here is a quick summary of this blog’s conclusions: 1.) Look at various periods (i.e. annual and quarterly estimates) over various time frames, i.e. this … Continued
Q1 ’20 SP 500 earnings are going to reflect (probably) a strong January and February, 2020 and then a very weak March, 2020 while the 2nd quarter will / could reflect a very weak April, 2020 and then a slowly … Continued
Since last Wednesday night’s April 1, 2020 close, the SP 500 has risen over 11%. Crude oil bottomed in February ’16 at $28.50 per barrel (?), and I’m not sure if that was WTI or Brent. Today, WTI closed at … Continued