Sell Side Consensus Indicator

Sell Side Consensus Indicator The Sell Side Indicator, which tracks Wall Street strategists’ equity allocation, suggests that the S&P 500 could potentially gain 15% over the next 12 months. Image: BofA US Equity and Quant Strategy

S&P 500 Historical FY2 EPS Revisions vs. Consensus EPS

S&P 500 Historical FY2 EPS Revisions vs. Consensus EPS Consensus EPS estimates for both 2023 and 2024 remain stable, suggesting a degree of confidence in S&P 500 companies’ ability to generate earnings and meet market expectations for the foreseeable future. Image: BofA US Equity & Quant Strategy

GDP Consensus Forecasts

GDP Consensus Forecasts Optimistic U.S. GDP forecasts suggest that there is confidence in the underlying strength of the U.S. economy. Image: BofA Global Research

Consensus U.S. GDP Growth

Consensus U.S. GDP Growth Could the United States experience a significant deceleration in GDP growth in the near future? Image: Deutsche Bank Asset Allocation

Bottom-Up Consensus S&P 500 EPS Estimates

Bottom-Up Consensus S&P 500 EPS Estimates Is there excessive optimism in the consensus EPS estimates for 2024? Image: Goldman Sachs Global Investment Research

Revision to Consensus S&P 500 EPS

Revision to Consensus S&P 500 3Q EPS 2Q EPS fell by just 2% over the last 3 months, compared to the usual 4%. Image: BofA US Equity & Quant Strategy

S&P 500 EPS Beat vs. Consensus Estimate

S&P 500 EPS Beat vs. Consensus Estimate Since 2000 Corporate America’s ability to maintain profit margins was again demonstrated by a robust 1Q 2023 earnings report, beating expectations by a wide margin. Image: BofA US Equity & Quant Strategy

Global EPS Model vs. Consensus EPS

Global EPS Model vs. Consensus EPS Global EPS growth is expected to fall significantly in 2H2023. Image: BofA Global Investment Strategy