Search Results for: EPS

Earnings – S&P 500 LTM EPS Growth YoY Morgan Stanley’s non-PMI leading earnings indicator does not bode well for EPS growth. Image: Morgan Stanley Research

LEI 6-Month ROC vs. S&P 500 EPS Annual % Change The 6-month annual rate of change of the Leading Economic Index is highly correlated with S&P 500 earnings growth. Should U.S. equity investors remain cautious? Image: Real Investment Advice

S&P 500 Level and EPS In a soft landing scenario, Goldman Sachs forecast for S&P 500 EPS is $224 in 2023, and its S&P 500 price target is 4,000 by the end of 2023. Image: Goldman Sachs Global Investment Research

S&P 500 Consensus NTM EPS Estimates vs. S&P 500 Price NTM EPS estimates tend to drive the S&P 500. Image: Morgan Stanley Research

Earnings – Peak to Trough Decline in LTM S&P 500 EPS During Recessions In the event of a U.S. recession, Goldman Sachs predicts that S&P 500 earnings could fall by 11% in 2023. Image: Goldman Sachs Global Investment Research

Bottom-Up Consensus S&P 500 EPS Estimates Are consensus EPS estimates too optimistic? Image: Goldman Sachs Global Investment Research

S&P 500 NTM EPS Yield Gap vs. 6-Month T-Bill Yields Cash is becoming an attractive option for investors. Image: Goldman Sachs Global Investment Research

S&P 500 Forward EPS vs. Fed Funds Rate When forward EPS growth goes negative, the Federal Reserve typically does not hike rates. Image: Morgan Stanley Research

S&P 500 Historical FY2 EPS Revisions vs. Consensus EPS Will the 2023 consensus EPS fall further? Image: BofA US Equity & Quant Strategy

Following Quarter EPS Revisions Through Earnings Season EPS revisions are rapidly deteriorating. An earnings recession is currently not priced in by the market. Image: Morgan Stanley Research