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
The bounce in the various US equity asset classes since December 24th and December 26th, is resulting in the small and mid-cap sectors within the SP 500 outperforming large-cap and growth for the first time in – well – … Continued
This chart got a lot of play on Twitter on Friday and Saturday morning and it tells an important, but also stimulates a more important question (maybe): Just how far out does the SP 500 (the index) discount earnings … Continued
Factset published an excellent post this afternoon on the US dollar’s impact on SP 500 earnings and revenue: It is clear that US companies with more than 50% of their revenue outside the US, are generating just half the … Continued
The weekly SP 500 earnings update: Fwd 4-qtr estimate: $168.79 vs last week’s $169.13 PE ratio: 16x PEG ratio: 4x SP 500 earnings yield: +6.23% vs last week’s +6.25% Year-over-year growth of fwd est: +3.8% vs last week’s +4.2% Source: … Continued
Source: I/B/E/S by Refinitiv Energy and Basic Materials, as well as Technology – led by Apple – have been the biggest drag on expected, full-year, 2019 earnings growth for the SP 500. Energy is the biggest drag, falling from an … Continued
Here is an updated table on Apple’s 2019 and 2020 EPS and revenue estimates following their earnings report: Is Apple acting as a drag on the SP 500 earnings estimate ? * Fwd 4-qtr estimate: $169.13 vs $170.01 from last … Continued
Apple will report their fiscal Q1 ’19 financial results after the bell on Tuesday, January 29th, 2019. If readers look at the above table, they will see that both Apple’s EPS and revenue consensus peaked for 2019 with the October … Continued
The above table is SP 500 estimate revisions that are tracked every week from the I/B/E/S by Refinitiv report “This Week in Earnings”, published every Friday. What is really interesting in the revision pattern is that every Q1 of every … Continued
Trading back above the downtrend line will be the 2nd major test after the SP 500 recovered it’s 50-day moving average near 2,600. The government shutdown likely took the Fed / FOMC off the table for a while in terms … Continued