Search Results for: EPS revision

Earnings – S&P 500 Consensus EPS Revision Consensus EPS revisions are moving sharply lower, which is not good news. Image: Goldman Sachs Global Investment Research

S&P 500 and Stocks Net EPS Revisions Macro headwinds suggest that the S&P 500 could fall further towards 3,200. Image: BCA Research

EPS Revisions Negative EPS revisions could put pressure on stocks. Image: Goldman Sachs Global Investment Research

S&P 500 Next Calendar Year EPS Revision – August Through December Should investors expect further earnings revisions in the coming months? Image: Morgan Stanley Research

Bottom-Up S&P 500 EPS Revision 4Q earnings estimates remained unchanged over the past three months. Will the earnings season drive the S&P 500 down? Image: BofA US Equity & Quant Strategy

Consensus EPS Revision Consensus EPS estimates for 2021 and 2022 have plateaued. Will U.S. stocks continue to do well? Image: BofA US Equity & Quant Strategy

Earnings – Annual EPS Revision History Will 2022 earnings revisions decline? Image: BofA US Equity & Quant Strategy

S&P 500 Price Return vs. 2021 EPS Revisions This chart highlights the positive correlation between price return and 2021 earnings revisions. Image: Goldman Sachs Global Investment Research

STOXX Europe 600 EPS Revisions This year, SXXP EPS revisions have not been worse than a typical year. Image: Goldman Sachs Global Investment Research

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