Search Results for: EPS

MSCI U.S. EPS vs. Trend History shows that earnings well above the trend in the U.S. precede earning plunges. Image: Barclays Research

S&P 500 EPS Forecast Despite the earnings squeeze, Goldman Sachs is still positive on the S&P 500 earnings outlook. In 2020, U.S. and global growth should rebound modestly. Image: Goldman Sachs Global Investment Research

Global Semiconductor Sales vs. MSCI World EPS Growth Chart suggesting that global semiconductor sales may have bottomed. That’s good news for global EPS growth. Image: Jeroen Blokland

Percentage of S&P 500 Companies Guiding EPS Higher/Lower This quarter, the percentage of S&P 500 companies revising EPS guidance lower, is much higher than in previous quarters. Image: J.P. Morgan

Consensus EPS Growth Expectations Corporate earnings estimates get more optimistic for 2020. Image: Deutsche Bank Asset Allocation

U.S. Stock Price Reaction to Quarterly EPS Beats/Misses Is the U.S. stock market turning complacent in 3Q 2019? The market is forgiving with companies that miss EPS estimates. Beating EPS relative to market: +1.7%. Missing EPS relative to market: 0.0%.  Image: J.P. Morgan

U.S. ISM Manufacturing Index and Cyclicals EPS Revision This chart shows the correlation between the ISM Manufacturing Index and cyclicals EPS revision, suggesting that 4Q19 will see a reset, with capital goods pricing in an actual earnings recession. Image: Morgan Stanley Research

EPS Growth Over Time This chart shows that negative EPS growth doesn’t always mean a recession is coming. Image: Goldman Sachs Global Investment Research

S&P 500 Tax Adjusted EPS vs. Trend Interesting chart showing that S&P 500 tax adjusted earnings are well above the trend in the United States, and have historically preceded earning plunges. Image: J.P. Morgan Asset Management

Buyback Contribution to EPS Growth Buybacks constitute a very important part of the earnings payout. Without them, there is no EPS growth. Image: Credit Suisse Research