S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth S&P 500 earnings revision breadth remains in negative territory, suggesting that there is still a cautious outlook for future earnings of S&P 500 companies. Image: Morgan Stanley Research

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

S&P 500 Historical FY2 EPS Revisions vs. Consensus EPS Could 2024 consensus EPS estimates see a further decline, potentially impacting market sentiment and investor confidence? Image: BofA US Equity & Quant Strategy

EPS Revisions

EPS Revisions The Magnificent 7 stocks experienced a positive Q4 2023 EPS revision of +4%, unlike the rest of the S&P 500. Image: Goldman Sachs Global Investment Research

S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth Earnings revisions breadth for both large and small caps has returned to negative territory, which means that the overall sentiment and expectations for future earnings have worsened. Image: Morgan Stanley Research

S&P 500 Earnings Revisions Breadth vs. S&P 500 YoY

S&P 500 Earnings Revisions Breadth vs. S&P 500 YoY The decline in earnings revisions breadth and its deviation from the S&P 500 performance suggests a disparity between analyst expectations for corporate earnings and the actual trajectory of the S&P 500. Image: Morgan Stanley 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 Earnings Revision Sentiment and Returns

S&P 500 Earnings Revision Sentiment and Returns There is generally a good correlation between S&P 500 earnings revision sentiment and returns. Image: Goldman Sachs Global Investment Research

S&P 500 FY2 EPS Revision Sentiment

S&P 500 FY2 EPS Revision Sentiment Will S&P 500 FY2 EPS revision sentiment continue to improve? Image: Goldman Sachs Global Investment Research

Bottom-Up S&P 500 EPS Revision

Bottom-Up S&P 500 EPS Revision Will the earnings season drive the S&P 500 up or down? Image: BofA US Equity & Quant Strategy