We are just 7 months from the calendar rolling into 2020. The first EPS estimate for 2020 was actually published by I/B/E/S by Refinitiv in early April ’18, but the sector growth rates don’t start to get tracked until the … Continued
Despite the market volatility this week, with the SP 500 falling 2.4% on Monday, May 13th after President Trump’s China tariff tweet, the 2019 and 2020 “bottom-up” EPS estimate “rate of change” again improved, for the 2nd consecutive week. Here … Continued
This graph, which appears weekly on the first page of I/B/E/S by Refinitv’s “This Week’s in Earnings” sometimes tells a better story than the written word, so it is posted this week to show readers that the share-weighted earnings … 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
Readers who aren’t visually-challenged can see the above Excel spreadsheet, updating the 2019 EPS estimates for the Top 10 Stocks in the Sp 500. Visa (V) has now joined the Top 10, while Bank of America (BAC) has fallen … Continued
CNBC was throwing all these headlines out on Friday, after the February ’19 month-end benchmark results were calculated and it appears that in 2019, the Dow 30, SP 500 and the Nasdaq are all on track for their best start … Continued
Maybe a better question for the headline to today’s blog post would have been, “What about the weekly SP 500 earnings data would have given clues to anticipating the Q4 ’18 selloff ? ” To be completely frank with regular … Continued
If readers can get on your cheaters and look at the attached spreadsheet, you’ll see the expected 2019 EPS growth for both the top 10 weights in the SP 500 and the Top 10 Financial stocks in the SP … Continued
Here is the change in the 2019 SP 500 “expected” earnings growth by sector the last 7 months. Here is what really surprised me though: check the trends in the SP 500 revenue estimates since the market peak in … Continued
This was a relevant post by David Templeton of Horan Capital Advisors this week. I thought it was best addressed by doing a quick spreadsheet on updating the EPS estimates for the Top 10 Market Cap weights in the SP … Continued