So far anyway, although there is another 4 weeks until Q2 ’20 earnings start, here is how 2019 – 2021 SP 500 EPS look: 2021: $164.00 (current estimate for full-year 2021 SP 500 EPS) 2020: $125.48 (current estimate) 2019: $162.93 … Continued
Thanks to David Aurelio and TJ Dhillon at IBES for providing the above data for the trend-watching in y/y growth of Q3 ’20 and Q4 ’20 revenue and EPS for the SP 500. With everyone watching Q2 ’20 – … Continued
The constant focus on SP 500 earnings often overlooks the importance of SP 500 revenue. The same quality analysis of SP 500 earnings by IBES data by Refinitiv, doesn’t always extend to SP 500 revenue. Readers of Refinitiv data reports … Continued
Using Refinitiv’s Earnings Aggregates published this morning, Friday, May 22nd, 2020, and updating our spreadsheet, readers can see the continued decline in the rate of erosion in forward estimates, which – all other things being equal – should be … 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
SP 500: +3.61% YTD as of Friday, February 21, 2020 Nasd 100: +8.31% Russell 1K: +3.91% In this article on January 13th, of this year, readers were shown the tendency for SP 500 estimate revisions to be more negative than … Continued
In this weekend’s SP 500 earnings update, it was mentioned that first quarter’s of the year can see negative EPS estimate revisions. I thought readers should be shown some of the historical data tracked on “SP 500 EPS estimate revisions” … Continued
So much will be written this weekend about the FOMC meeting Wednesday, but here is the snapshot of the CME fed funds future contract probabilities as of Friday, July 26th, 2019. Sure looks like we get a 25 bp … Continued
May seem like a small data point but this week showed the first sequential improvement in the “4-week” rate of change in the SP 500 2019 and 2020 EPS estimate since – guess when – September 21 ’18. At … Continued
First, for the first time in a while, the number of “positive revisions” to SP 500 estimates outnumber “negative revisions: Here’s the data and the graph: The above is a spreadsheet kept weekly on the number of positive and … Continued