S&P 500 EPS Growth vs. Buyback Growth

S&P 500 EPS Growth vs. Buyback Growth This chart shows the historical correlation between S&P 500 EPS growth and buyback growth (R² = 0.32). Goldman Sachs expects buybacks to fall by 50% during 2020 and EPS by 33%. Image: Goldman Sachs Global Investment Research

S&P 500 Earnings and Dividend Growth (S&P 500 EPS and DPS)

S&P 500 Earnings and Dividend Growth (S&P 500 EPS and DPS) This chart suggests estimates for earnings and dividend growth this year, highlighting the financial crisis and the Great Depression. Image: Goldman Sachs Global Investment Research

EPS Growth and Consensus

EPS Growth and Consensus The U.S. stock market is recovering, but Goldman Sachs expects EPS to fall 33% in the United States. Image: Goldman Sachs Global Investment Research

S&P 500 YoY EPS Growth

S&P 500 YoY EPS Growth Goldman Sachs now forecasts S&P 500 EPS of $110 this year. Image: Goldman Sachs Global Investment Research