{"id":10287,"date":"2020-06-03T17:59:25","date_gmt":"2020-06-03T17:59:25","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=10287"},"modified":"2020-06-03T17:59:25","modified_gmt":"2020-06-03T17:59:25","slug":"q3-and-q4-20-sp-500-eps-and-revenue-expectations-look-beyond-this-quarter","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=10287","title":{"rendered":"Q3 and Q4 &#8217;20 SP 500 EPS and Revenue Expectations &#8211; Look Beyond This Quarter"},"content":{"rendered":"<figure id=\"attachment_10288\" aria-describedby=\"caption-attachment-10288\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/fundamentalis.com\/?attachment_id=10288\" rel=\"attachment wp-att-10288\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10288\" src=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/Q3Q420SP500EPSRev-300x213.png\" alt=\"\" width=\"300\" height=\"213\" srcset=\"https:\/\/fundamentalis.com\/wp-content\/uploads\/Q3Q420SP500EPSRev-300x213.png 300w, https:\/\/fundamentalis.com\/wp-content\/uploads\/Q3Q420SP500EPSRev.png 575w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-10288\" class=\"wp-caption-text\">Click to open \/ expand \/ enhance<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Thanks to David Aurelio and TJ Dhillon at IBES for providing the above data for the trend-watching in y\/y growth of Q3 &#8217;20 and Q4 &#8217;20 revenue and EPS for the SP 500.<\/p>\n<p>With everyone watching Q2 &#8217;20 &#8211; widely expected to be the nadir for y\/y SP 500 revenue growth at -43% and 12.3% respectively as of last Friday&#8217;s, May 29th, 2020&#8217;s &#8220;This Week in Earnings&#8221;, as investors we have to look further out and see what those numbers are doing as well.<\/p>\n<p>What genuinely surprised me was that both Q3 and Q$ SP 500 EPS have declined less than 1% cumulatively in the last three weeks.<\/p>\n<p>From the weekly blog work, <a href=\"https:\/\/fundamentalis.com\/?p=10270\">here<\/a>, <a href=\"https:\/\/fundamentalis.com\/?p=10231\">here<\/a> and <a href=\"https:\/\/fundamentalis.com\/?p=10226\">here<\/a>, it was obvious the rates of decline in forward estimates were getting less worse, but the prospects now are that the forward estimates could actually start to improve.<\/p>\n<p>Let&#8217;s wait and see though what the May &#8217;20 quarter end looks like for the likes of Oracle, FedEx, Accenture and many others that will report in June, 2020.<\/p>\n<p>Thanks for reading.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Thanks to David Aurelio and TJ Dhillon at IBES for providing the above data for the trend-watching in y\/y&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[210,114],"tags":[],"class_list":["post-10287","post","type-post","status-publish","format-standard","hentry","category-sp-500-estimate-revision-data","category-sp-500-revenue-growth"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/10287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10287"}],"version-history":[{"count":2,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/10287\/revisions"}],"predecessor-version":[{"id":10290,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/10287\/revisions\/10290"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}