{"id":6780,"date":"2017-03-17T22:38:03","date_gmt":"2017-03-17T22:38:03","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=6780"},"modified":"2017-03-17T22:38:03","modified_gmt":"2017-03-17T22:38:03","slug":"sp-500-weekly-earnings-summary-forward-growth-rate-rises-again","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=6780","title":{"rendered":"SP 500 Weekly Earnings Summary: Forward Growth Rate Rises Again"},"content":{"rendered":"<p>If the only metric published this weekend is the &#8220;growth rate of the forward estimate&#8221; that would be enough.<\/p>\n<p>It rose again this past week to 8.85%, versus last week&#8217;s 8.62%.<\/p>\n<p>You never hear anything about it either.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p><em><strong>Thomson Reuters I\/B\/E\/S data (by the numbers): Source &#8220;This Week in Earnings&#8221;<\/strong><\/em><\/p>\n<p><em><strong>Forward 4-quarter estimate:<\/strong><\/em> $131.04, vs last week&#8217;s $131.07<\/p>\n<p><em><strong>P.E ratio:<\/strong> <\/em>18(x)<\/p>\n<p><em><strong>PEG ratio:<\/strong><\/em> 2.05(x) (now that the PEG ratio has normalized, perhaps this is the top ?)<\/p>\n<p><em><strong>SP 500 earnings yield:<\/strong> <\/em>5.51% vs last week&#8217;s 5.52%<\/p>\n<p><em><strong>Year-over-year growth of forward estimate:<\/strong> <\/em>+8.85%, the 7th straight weekly increase<\/p>\n<p>2017 will be the best year of earnings growth &#8211; well &#8211; since 2011, and that probably doesn&#8217;t include tax reform.<\/p>\n<p>More to come this weekend.<\/p>\n<p>Thanks for reading.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the only metric published this weekend is the &#8220;growth rate of the forward estimate&#8221; that would be enough. It&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":[92,91],"tags":[],"class_list":["post-6780","post","type-post","status-publish","format-standard","hentry","category-fwd-4-qtr-growth-rate-sp-500","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\/6780","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=6780"}],"version-history":[{"count":2,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/6780\/revisions"}],"predecessor-version":[{"id":6782,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/6780\/revisions\/6782"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}