Yes, you read that headline right. The stock is down from $270 in January ’18 to $135 today or 50% in the last 2.5 years. The top was cut off on the above chart showing the FDX ticker, but … Continued
Ed Yardeni made a nice call on expected calendar 2020 SP 500 EPS, estimating $120 – $125, and sure enough the IBES by Refinitiv data has settled in right around $125 for the full 12-months of 2020. The most … Continued
Next week, readers will see the “quarterly bump” in the forward 4-quarter estimate with the key metric expected to rise from the $127.98 this week to the low $140 area as the forward estimate period will cover Q3 ’20 through … Continued
David Aurelio of Refinitiv is doing an earnings conference call tomorrow, i.e. Wednesday morning, June 24th, 2020 at 11:00 am central time. Search the Refinitiv website or David Aurelio’s blog for the details. This blog’s source earnings data comes from … Continued
Many thanks to Jeff Miller at www.dashofinsight.com for picking up yesterday’s SP 500 Earnings Update post on his blog this weekend. ———————– So much of the mainstream financial media focuses on the stock market, and yet the corporate bond markets, … Continued