Q4 ’18 earnings start this week but the week following, January 14th through 18th, is when we see a whole plethora of financial services companies kick off Q4 ’18 earnings. With the decline in the SP 500 in Q4 ’18, … Continued
Earnings Roundup: Will Analysts Drop 2019 Earnings Estimates? The attached is a an article from Refinitiv’s (the old Thomson Reuters Financial’s) David Aurelio on Q4 ’18 SP 500 earnings, as well as what is expected in 2019. (Take a minute … Continued
SP 500 earnings data: (Fwd estimate from IBES by Refinitiv) Fwd 4-qtr est: $169.58 vs last week’s $170.53 PE ratio: 14.25x PEG ratio: 1.92x SP 500 earnings yield: 7.02% vs last week’s 6.56% Year-over-year growth of fwd est: 7.4% vs last … Continued
The SP 500 is down roughly 10% – 11% from its late September ’18 high and yet market bearishness is the highest in 6 years ? Here is the SP 500 earnings data: (Source IBES by Refinitiv) Fwd 4-qtr est: … Continued
On downward earnings revisions to the SP 500: From John Butters at Factset, November 30. 2018: ” During the first two months of the fourth quarter, analysts lowered earnings estimates for companies in the S&P 500 for the quarter. The Q4 … Continued
This pattern was noted a couple of times in the last week on Twitter so I thought Callum Thomas’s chart should be highlighted for readers: The quarter is half over as of Friday. The final 6 weeks of the … Continued
It’s not just the China trade talks, and the Fed’s interest rate hikes that are making investors nervous. Duplicating the process from last night’s post here let’s have a look at GE’s and Goldman’s 2019 EPS estimates and their trend: GE: … Continued
WalMart (WMT) officially ends the Q3 ’18 earnings season this week, with their report Thursday morning. Looking ahead to next year and to answer the headline question directly, “Not Much” is probably the best answer. Let’s look at the data: … Continued
Apple does not report until Thursday, November 1 ’18, but the smartphone giant is the big dog in the Technology sector after the creation of the Communications sector. Per David Aurelio of Refinitiv IBES, Apple’s EPS weight within the Tech … Continued
Looking at overall SP 500 estimates for the 3rd and 4th quarters of 2018: Q3 ’18: As of 10/5/18: +21.5% y/y growth expected for SP 500 EPS As of 10/1/18: +21.6% y/y growth expected for SP 500 EPS As of … Continued