Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

SandP 500 Weekly Earnings: Forward Growth Rate Rises Again

By

PrintPRINT

This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

If the only metric published this weekend is the "growth rate of the forward estimate" that would be enough. It rose again this past week to 8.85%, versus last week's 8.62%.

You never hear anything about it either.

Thomson Reuters I/B/E/S data (by the numbers): Source "This Week in Earnings"

  • Forward 4-quarter estimate: $131.04, vs last week's $131.07
  • P.E ratio: 18(x)
  • PEG ratio: 2.05(x) (now that the PEG ratio has normalized, perhaps this is the top ?)
  • S&P 500 earnings yield: 5.51% vs last week's 5.52%
  • Year-over-year growth of forward estimate: +8.85%, the 7th straight weekly increase

2017 will be the best year of earnings growth - well - since 2011, and that probably doesn't include tax reform.

More to come later this weekend.


This article was written by Brian Gilmartin for Investing.com on Mar 19, 2017.

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

< Previous
  • 1
Next >
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE