In a nutshell, I’d say about 12 – 15 months forward and the data can be sparse beyond 12 months. Much was learned from the Q4 ’18 correction, which will be discussed in a minute, but for now let’s cover … Continued
Sourcing Bloomberg / Barclays data, are the YTD returns for the bond market asset classes as of Friday, April 12th, 2019: US Corp HiGrade: +5.13% US Corp High Yld: +8.14% Mortgages (MBS): +1.89% Municipals: +2,67% US Treas: +1.32% US TIPS: … Continued
Next week, as we roll into the 3rd quarter of 2018, the “forward 4-quarter estimate” should jump to (approximately) $168 per share, which is the sum of Thomson Reuters IBES’s quarterly estimates for Q3 ’18, through Q2 ’19. Looking at … Continued
Maybe a better title for today’s SP 500 earnings look, is “What impact did Apple’s fiscal Q3 ’17 quarter have on forward estimates” but let’s put that aside for a second. Each week on this blog the “forward … Continued
Per Thomson Reuter’s “This Week in Earnings” (by the numbers) as of 7/7/17: Fwd 4-qtr estimate: $139.21 P.E ratio: 17.5(x) PEG ratio: 1.82(x) SP 500 earnings yld: 5.74%, nice increase over last week’s 5.56% Year-over-year growth rate of fwd est: … Continued
Interest Rates: The yield on the 10-year Treasury rose 15 bp’s this past week, a sizable move relative to the last few years. The yellow line is the 10-year Treasury yield and it looks to be headed higher. The Quarterly … Continued
Reader “dmarilley” over on Seeking Alpha asked a good question about a month ago, but it has taken me some time to work through the backlog of articles and client meetings and tasks for the new year to properly address … Continued
Long-time readers know this blog tracks the the year-over-year growth rate of the forward SP 500 estimate, which dollar estimate is given weekly by Thomson Reuters I/B/E/S, “This Week in Earnings”. The year-over-year growth rate is my calculation for readers, … Continued
Thomson Reuters data (by the numbers): Forward 4-quarter growth rate: $128.54 vs last week’s $128.51. Again, unusual to see sequential increases. The typical pattern at this point in quarter is for steady erosion. P.E ratio: 17.5(x) PEG ratio: 3.89(x) SP … Continued
Because yesterday was quarter-end of 9/30/16, and Thomson Reuters cuts off the earnings data as of Thursday night, 9/29/16, the following “By The Numbers” data that will be reported will still be working off the forward 4-quarter estimate of Q3 … Continued