Fra Thomson Reuters
January 5, 2016 update of the Thomson Reuters S&P 500 Earnings Today report including the Q4 2015 Earnings Dashboard and Q1 2016 overview and guidance.
Source: Thomson Reuters I/B/E/S
EARNINGS:
Q4 2015
The Q4 2015 blended earnings growth estimate is -3.9%. Excluding the energy sector, the earnings growth estimate increases to 1.8%.
3% of the S&P 500 companies have reported Q4 2015 EPS. Of the 17companies in the S&P 500 that have reported earnings to date for Q4 2015, 76% have reported earnings above analyst expectations, 0% reported earnings in line with analyst expectations and 24% reported earnings below analyst expectations. In a typical quarter (since 1994), 63% of companies beat estimates, 16% match and 21% miss estimates. Over the past four quarters, 69% of companies beat estimates, 9% matched and 22% missed estimates.
In the S&P 500, there have been 91 negative EPS preannouncements issued by corporations for Q4 2015 compared to 30 positive EPS preannouncements. By dividing 91 by 30 one arrives at an N/P ratio of 3.0 for the S&P 500 Index.
Q1 2016
The Q1 2016 blended earnings growth estimate is 2.2%. Excluding the energy sector, the earnings growth estimate increases to 4.6%.
REVENUE:
Q4 2015
The Q4 2015 blended revenue growth estimate is -3.2%. Excluding the energy sector, the revenue growth estimate increases to 1.2%.
Q1 2016
The Q1 2016 blended revenue growth estimate is 2.5%. Excluding the energy sector, the revenue growth estimate increases to 3.7%.
Please note: if you use our earnings data, please source Thomson Reuters I/B/E/S