Updating this article from the last week of December, 2016 and this article from early, 2017, here is an update to the three favored sectors as Q4 ’16 earnings season began: FC – sectorupwardrev122516 (The spreadsheet is dated 12/25/16, but the … 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 I/B/E/S data by the numbers: Forward 4-Quarter estimate: $132.93 vs last week’s $132.75 P.E ratio: 17(x) PEG ratio: 2.5(x) SP 500 earnings yield: 5.85%, vs last week’s 5.84% Year-over-year Growth Rate of Forward Estimate: +6.75%, the highest since … Continued
Here is a longer look at the annual SP 500 EPS prints since 2014: 2018: $148.59: or +12% y/y growth (est. per Thomson Reuters I/B/E/S) 2017: $132.65 or +12% expected y/y growth (est. per Thomson Reuters I/B/E/S) 2016: $118.01 or … Continued
The top three sectors that are expected to offer strong results with potential “upside surprises” for Q4 ’16: Energy Technology Financials Energy should have the best “upside” in terms of Q4 ’16 earnings growth simply because I suspect the Energy … Continued