S&P 500 Earnings Growth

S&P 500 Earnings Growth S&P 500 EPS growth could turn negative amid the trade war. Picture source: Morgan Stanley Research

Earnings Growth and the Fed Cycle

Earnings Growth and the Fed Cycle Analysts remain optimistic on 2020. This chart shows the expected earnings growth over the next 12 months. Picture source: Fidelity Investments

S&P 500 Return: Earnings Growth vs. Multiple Expansion

S&P 500 Return: Earnings Growth vs. Multiple Expansion Since the beginning of the year, the multiple expansion explains the S&P 500 return. You may also like “U.S. Equities and The World: Earnings Growth vs. Multiple Expansion.” Picture source: Strategas

U.S. Equities and The World: Earnings Growth vs. Multiple Expansion

U.S. Equities and The World: Earnings Growth vs. Multiple Expansion Since the 2009 low, the strong performance of the U.S. markets comes from earnings growth (73%) and multiple expansion (27%). You may also like “S&P 500 Return: Earnings Growth vs. Multiple Expansion.” Picture source: Goldman Sachs Global Investment Research

A Look at Earnings Growth around the World

A Look at Earnings Growth around the World Earnings growth are slowing, but global activity should improve in the second-half of the year. Picture source: Fidelity Investments

Consensus EPS Growth Expectations

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

Buyback Contribution to EPS Growth

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

Median S&P 500 EPS Growth

Median S&P 500 EPS Growth The median U.S. company is expected to grow earnings per share by 3% in the third quarter of 2019. That’s pretty good news. Picture source: Goldman Sachs Global Investment Research

Earnings Estimate Progression

Earnings Estimate Progression The consensus growth estimate for Q3 earnings stands at -3.2%, but the earnings recovery seems better than 2016. The Fed’s dovish pivot and low interest rates should continue to support the U.S. stock market. Picture source: Fidelity Investments

Earnings Estimate Progression

Earnings Estimate Progression This chart shows the earnings estimate progression since 2013. For this year, the consensus estimate of EPS growth is currently around 2.5%. Picture source: Fidelity Investments