{"id":6940,"date":"2017-05-19T19:47:37","date_gmt":"2017-05-19T19:47:37","guid":{"rendered":"https:\/\/fundamentalis.com\/?p=6940"},"modified":"2017-05-19T19:47:37","modified_gmt":"2017-05-19T19:47:37","slug":"more-on-2017-revenue-growth","status":"publish","type":"post","link":"https:\/\/fundamentalis.com\/?p=6940","title":{"rendered":"More on 2017 Revenue Growth"},"content":{"rendered":"<p>In the <a href=\"https:\/\/fundamentalis.com\/?p=6929\">last blog post<\/a>, both Q2 &#8217;17 and 2017 revenue growth was discussed and the promise was made that Factset data would be forthcoming so readers can compare it to the Thomson Reuters data:<\/p>\n<p>Q2 &#8217;17 &#8211; which sectors have seen higher &#8220;expected&#8217; revenue revisions ?<\/p>\n<ul>\n<li><em><strong>Tech:<\/strong><\/em> +7.7% as of 5\/12\/17, vs. +7.6% as of 3\/31\/17<\/li>\n<li><em><strong>Basic Mat:<\/strong> <\/em>+7% vs +5.7%<\/li>\n<li><em><strong>Real Estate:<\/strong><\/em> +4.2% vs +3.6%<\/li>\n<li><em><strong>Cons Disc:<\/strong><\/em> +4.2% vs. +4.1%<\/li>\n<li><em><strong>Hlth Care:<\/strong><\/em> +4.0% vs. +3.9%<\/li>\n<li><em><strong>Industrials:<\/strong><\/em> +2.6% vs. +1.8%<\/li>\n<\/ul>\n<p>Energy revenues have been the biggest drag on the SP 500 expected Q2 &#8217;17 revenues, as Energy revenues have declined from +24.9% to +19.5%<\/p>\n<p><em><strong>Full-year 2017:\u00a0<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Tech:<\/strong><\/em> +7.8% vs. +7.4%<\/li>\n<li><em><strong>Basic Mat:<\/strong><\/em> +6.0% vs. +5.0%<\/li>\n<li><em><strong>Real Estate:<\/strong><\/em>\u00a0+5.5% vs +5.1%<\/li>\n<li><em><strong>H\/Care:<\/strong><\/em> +4.7% vs. +4.5%<\/li>\n<li><em><strong>Cons Disc:<\/strong><\/em> +4.4% vs. +4.3%<\/li>\n<li><em><strong>Industrials:<\/strong> <\/em>+3.2% vs. +2.6%<\/li>\n<li><em><strong>Financials:<\/strong><\/em> +3.2% vs +3.0%<\/li>\n<\/ul>\n<p>What is surprising is that so many sectors &#8211; 7 of 11 &#8211; are seeking upward revisions to revenue for full-year 2017, which is supported by and <a href=\"https:\/\/fundamentalis.com\/?p=6929\">confirms the Thomson Reuters data<\/a>.<\/p>\n<p>The stock market has become sensitive to the political headline cycle the last week, which matters in terms of national confidence, but pay attention to the underlying fundamentals.<\/p>\n<p>This is healthier annual SP 500 revenue revision data than we have seen in many years.<\/p>\n<p>Thanks for reading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the last blog post, both Q2 &#8217;17 and 2017 revenue growth was discussed and the promise was made that&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":[143,114],"tags":[],"class_list":["post-6940","post","type-post","status-publish","format-standard","hentry","category-factset","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\/6940","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=6940"}],"version-history":[{"count":3,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/6940\/revisions"}],"predecessor-version":[{"id":6943,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/6940\/revisions\/6943"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}