25 Δεκ 2018

S&P 500 Earnings insight - Source Factset

Key Metrics

  • Earnings Growth: For Q4 2018, the estimated earnings growth rate for the S&P 500 is 12.4%. If 12.4% is the actual growth rate for the quarter, it will mark the fifth straight quarter of double-digit earnings growth for the index.
  • Earnings Revisions: On September 30, the estimated earnings growth rate for Q4 2018 was 16.6%. All eleven sectors have lower growth rates today (compared to September 30) due to downward revisions to EPS estimates.
  • Earnings Guidance: For Q4 2018, 72 S&P 500 companies have issued negative EPS guidance and 33 S&P 500 companies have issued positive EPS guidance.
  • Valuation: The forward 12-month P/E ratio for the S&P 500 is 14.2. This P/E ratio is below the 5-year average (16.4) and below the 10-year average (14.6).