I’ve always been a big believer that readers deserve data and analysis that is short-and-to-the-point.<\/p>\n
Here is some other data points from Thomson, and Factset that readers might find interesting:<\/p>\n
Quick comparison of Thomson and Factset’s Q1 ’15 SP 500 Revenue Growth estimates:\u00a0<\/strong><\/em><\/p>\n Thomson \/ Factset (2nd column)<\/strong><\/em><\/p>\n ——————————————-<\/p>\n Health Care +8.6%, +9.1%<\/p>\n Tech +5.3%, +5.2%<\/p>\n Telco: +3.5%, +3.3%<\/p>\n Cons Staples: +3.1%, +2.6%<\/p>\n Cons Discr: +2.7%, +2.4%<\/p>\n Fincl’s: +1.6%, +3.4%<\/p>\n Industrials: +0.7%, +0.6%<\/p>\n Ute’s: -5.1%, -4.7%<\/p>\n Basic Mat: -5.8%, -6%<\/p>\n Energy: -36.1%%, -38.9%<\/p>\n SP 500: -2.9%, -3% \u00a0<\/strong><\/em><\/p>\n Although Thomson doesn’t draw the same conclusion, Factset explains simply “If the Energy sector is excluded, the estimated Q1 ’15 revenue<\/strong><\/em> growth rate for the SP 500 would jump to +3%, from -3%.<\/p>\n Expecting 3% revenue growth to start the quarter, given the worries over the dollar and Energy, isnt too shabby in my opinion.<\/p>\n The expected 3% revenue growth is inline with the last 6 – 8 quarters revenue growth of 2% – 4%. Not robust, but consistent with bear markets in Technology and Financials the last 15 years.<\/p>\n The only sector where there seems to be any kind of difference in terms of expected revenue growth is Financials.<\/p>\n In terms of earnings, looking at the SP 500 as a whole, Thomson thinks, ex-Energy, that SP 500 will increase by 5.4%. Per Factset, on SP 500 earnings, if Energy is excluded the expected earnings growth for the SP 500 would jump to 3.3%.<\/p>\n You’ve heard this all before, but I thought it was worth repeating.<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" I’ve always been a big believer that readers deserve data and analysis that is short-and-to-the-point. Here is some other data…<\/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":[114],"tags":[],"class_list":["post-4749","post","type-post","status-publish","format-standard","hentry","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\/4749","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=4749"}],"version-history":[{"count":6,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/4749\/revisions"}],"predecessor-version":[{"id":4755,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/4749\/revisions\/4755"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}