Thomson Reuter’s quick peek at Health Care earnings as of 11/7/16: # of # Earnings Revenue Health Care Cos Rep Surprise Above Match Below Growth Surprise Above Match Below Growth Biotechnology 8 8 2.1% 75% 0% 25% 2.1% 0.5% … Continued
Here is an interesting trend in HealthCare sector earnings growth revisions: Q3 ’17: +12.3% on 10/14 vs +12.0% as of October 1 Q2 ’17: +8.4% as of 10/14 vs +8.3% as of October 1 Q1 ’17: +8.0% as of 10/14 … Continued
In 2015, the “forward 4-quarter” earnings estimate for the SP 500 turned negative in early April ’15 and stayed that way for all of 2015, as rapidly-declining Energy estimates and the strong dollar took its toll on SP 500 earnings. … Continued
If you read Factset’s “Earnings Insight” this weekend (and I highly recommend you read it every weekend), you will see John Butters focused on the “GAAP vs Non-GAAP” earnings debate, which surfaces a few times of year and is usually … Continued
The HealthCare sector has struggled since the August ’15, China-induced, beat down on the major equity indices, which is exactly what typically happens when the market has a decent correction. Biotech stocks, the HealthCare sector, and Apple have been leadership … Continued