The Manhattan skyline is seen behind weeds and flowers on Roosevelt Island in New York June 4, 2013. World Environment Day is celebrated annually on June 5 to raise global awareness about environmental issues and stimulate political action, according to the United Nations Environment Programme. REUTERS/Zoran Milich (UNITED STATES – Tags: ENVIRONMENT CITYSCAPE TPX IMAGES OF THE DAY) – RTX10BPN
Last Update: May 26, 2017
Aggregate Estimates and Revisions
- First quarter earnings are expected to increase 15.4% from Q1 2016. Excluding the Energy sector, the earnings growth estimate declines to 11.1%
- Of the 489 companies in the S&P 500 that have reported earnings to date for Q1 2017, 75.1% have reported earnings above analyst expectations. This is above the long-term average of 64% and above the average over the past four quarters of 71%.
- 62.5% of companies have reported Q1 2017 revenue above analyst expectations. This is above the long-term average of 59% and above the average over the past four quarters of 53%.
- For Q2 2017, there have been 77 negative EPS preannouncements issued by S&P 500 corporations compared to 37 positive EPS preannouncements. By dividing 77 by 37, one arrives at an N/P ratio of 2.1 for the S&P 500 Index.
- The forward four-quarter (2Q17 – 1Q18) P/E ratio for the S&P 500 is 17.9.
- During the week of May 29, 6 S&P 500 companies are expected to report quarterly earnings
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Please note: if you use our earnings data, please source Thomson Reuters I/B/E/S
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