{"id":6551,"date":"2016-12-24T19:03:16","date_gmt":"2016-12-24T19:03:16","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=6551"},"modified":"2016-12-24T19:03:16","modified_gmt":"2016-12-24T19:03:16","slug":"weekly-earnings-update","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=6551","title":{"rendered":"Weekly Earnings Update:"},"content":{"rendered":"<p>Thomson Reuters data (by the numbers):<\/p>\n<ul>\n<li><strong>Forward 4-quarter estimate:<\/strong> $128.55 vs last week&#8217;s $128.54<\/li>\n<li><em><strong>P.E ratio:<\/strong><\/em> 17.6(x)<\/li>\n<li><em><strong>PEG ratio:<\/strong><\/em> 3.36(x)<\/li>\n<li><em><strong>SP 500 earnings yield:<\/strong><\/em> 5.68% vs last week&#8217;s 5.69%<\/li>\n<li><em><strong>Year-over-year growth in the forward estimate:<\/strong><\/em> +5.24% vs last week&#8217;s 4.51%<\/li>\n<\/ul>\n<p><strong>Analysis \/ conclusion:<\/strong> the goal is to be out with a sector update tomorrow, i.e. Sunday, Christmas Day and then another post on Monday, so today is simply an update of the Thomson earnings data.<\/p>\n<p>The weekly numbers continue to indicate positive developments for SP 500 earnings, as &#8211; once again &#8211; the forward 4-quarter estimate ticked higher sequentially, if only by a small amount (and the typical pattern at this time of the quarter usually shows weekly sequential declines in the forward estimate).<\/p>\n<p>Also, some of the bottom-up estimates tracked weekly but not shown on this blog, confirm the upward trend in estimates.<\/p>\n<p>Note too the year-over-year growth in the forward estimate: this week&#8217;s 5.24% is now the highest y\/y growth in the forward estimate since late 2014, or when crude oil was starting to come apart.<\/p>\n<p>Thanks for reading. Readers should see a few more posts over the long weekend.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thomson Reuters data (by the numbers): Forward 4-quarter estimate: $128.55 vs last week&#8217;s $128.54 P.E ratio: 17.6(x) PEG ratio: 3.36(x)&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":[91],"tags":[],"class_list":["post-6551","post","type-post","status-publish","format-standard","hentry","category-weekly-earnings-update"],"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\/6551","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=6551"}],"version-history":[{"count":2,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/6551\/revisions"}],"predecessor-version":[{"id":6553,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/6551\/revisions\/6553"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}