SP 500 Weekly Earnings Summary: Forward Growth Rate Rises Again

If the only metric published this weekend is the “growth rate of the forward estimate” that would be enough.

It rose again this past week to 8.85%, versus last week’s 8.62%.

You never hear anything about it either.


Thomson Reuters I/B/E/S data (by the numbers): Source “This Week in Earnings”

Forward 4-quarter estimate: $131.04, vs last week’s $131.07

P.E ratio: 18(x)

PEG ratio: 2.05(x) (now that the PEG ratio has normalized, perhaps this is the top ?)

SP 500 earnings yield: 5.51% vs last week’s 5.52%

Year-over-year growth of forward estimate: +8.85%, the 7th straight weekly increase

2017 will be the best year of earnings growth – well – since 2011, and that probably doesn’t include tax reform.

More to come this weekend.

Thanks for reading.


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