U.S. ISM Manufacturing PMI vs. S&P 500 EPS Growth

U.S. ISM Manufacturing PMI vs. S&P 500 EPS Growth The S&P 500 12-month forward EPS suggests that the U.S. ISM Manufacturing Index will rise to 52, potentially leading to an increase in manufacturing activity. Image: BofA Global Investment Strategy

S&P 500 EPS Growth Estimates

S&P 500 EPS Growth Estimates Analysts still expect S&P 500 earnings to improve going forward. Image: Goldman Sachs Global Investment Research

Earnings – S&P 500 LTM EPS Growth YoY

Earnings – S&P 500 LTM EPS Growth YoY Morgan Stanley’s non-PMI leading earnings indicator suggests a potential decline in EPS through the end of 2023. Image: Morgan Stanley Research

S&P 500 EPS Growth vs. ISM Manufacturing

S&P 500 EPS Growth vs. ISM Manufacturing With a U.S. recession looming, a soft landing seems difficult to achieve. Image: Deutsche Bank Asset Allocation

S&P 500 EPS Growth vs. Buyback Growth

S&P 500 EPS Growth vs. Buyback Growth Goldman Sachs expects buybacks to decline by 10% in 2023. Image: Goldman Sachs Global Investment Research