February 10, 2017

The Week in Earnings | Mar. 24, 2017

by David Aurelio

Last Update: March 24, 2017

Aggregate Estimates and Revisions

  • Fourth quarter earnings are expected to increase 8.0% from Q4 2015. Excluding the Energy sector, the earnings growth estimate increases to 8.1%
  • Of the 497 companies in the S&P 500 that have reported earnings to date for Q4 2016, 68.0% have reported earnings above analyst expectations. This is above the long-term average of 64% and below the average over the past four quarters of 71%.
  • 52.0% of companies have reported Q4 2016 revenue above analyst expectations. This is below the long-term average of 59% and above the average over the past four quarters of 51%.
  • For Q1 2017, there have been 79 negative EPS preannouncements issued by S&P 500 corporations compared to 28 positive EPS preannouncements. By dividing 79 by 28, one arrives at an N/P ratio of 2.8 for the S&P 500 Index.
  • The forward four-quarter (1Q17 – 4Q17) P/E ratio for the S&P 500 is 17.9.
  • During the week of March 27, 5 S&P 500 companies are expected to report quarterly earnings.

To download the full This Week in Earnings report click here.

Please note: if you use our earnings data, please source Thomson Reuters I/B/E/S

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