Wednesday, February 27, 2013

Trends Of S&P500 Earnings Forecasts


S&P500 earnings trends and estimates is a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled "Earnings Insight" that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the "Earnings Insight" report of February 22, 2013:

from page 16:

(click on charts to enlarge images)

FactSet Earnings Insight 2-22-12 Bottom-up-and-Top-Down-EPS-Estimates

from page 17:

FactSet Earnings Insight 2-22-13 - EPS-Actuals-and-Estimates-2010-to-2013-Quarterly
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I post various economic forecasts because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not agree with many of the consensus estimates and much of the commentary in these forecast surveys.
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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1515.72 as this post is written

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