Monday, September 23, 2013

Trends Of S&P500 Earnings Forecasts

S&P500 earnings trends and estimates are 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” (pdf) report of September 20, 2013:

from page 16:

(click on charts to enlarge images)

CY Bottom-Up EPS vs. Top-Down Mean EPS (Trailing 26-Weeks)

FactSet Earnings Insight 9-20-13 CY2013 and CY2014

-

from page 17:

Calendar Year Bottom-Up EPS Actuals & Estimates

FactSet Earnings Insight 9-20-13 CY2000-CY2014

_____

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.
_____

The Special Note summarizes my overall thoughts about our economic situation

SPX at 1702.85 as this post is written

No comments:

Post a Comment