Author Archives: Ted Kavadas

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of February 9, 2024:

from page 32:

(click on charts to enlarge images)

S&P500 EPS forecasts

from page 33:

S&P500 EPS 2014-2025

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of February 15, 2024, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of January 12, 2024:

from page 31:

(click on charts to enlarge images)

S&P500 EPS

from page 32:

S&P500 EPS 2014-2025

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of January 17, 2024, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

The January 2024 Wall Street Journal Economic Forecast Survey – Notable Aspects

The January 2024 Wall Street Journal Economic Forecast Survey was published on January 14, 2024. The headline is “It Won’t Be a Recession – It Will Just Feel Like One.”

I found numerous items to be notable – although I don’t necessarily agree with them – both within the article and in the forecasts section.

An excerpt:

Still, economists on average expect the economy to grow just 1% in 2024, about half its normal long-run rate, and a significant slowing from an estimated 2.6% in 2023.

As seen in the “Recession Probability” section, the average response as to whether the economy will be in a recession within the next 12 months was 39%. The individual estimates, of those who responded, ranged from 1% to 80%.  For reference, the average response in October’s survey [the previously published survey] was 48%.

As stated in the article, the survey’s 71 respondents were academic, financial and business economists.  The survey was conducted January 5 – January 9. Not every economist answered every question.

Economic Forecasts

The current average forecasts among economists polled include the following:

GDP:

full-year 2023:  2.65%

full-year 2024:  1.01%

full-year 2025:  1.99%

full-year 2026:  2.01%

Unemployment Rate:

December 2024: 4.30%

December 2025: 4.13%

December 2026: 3.99%

10-Year Treasury Yield:

December 2024: 3.79%

December 2025: 3.68%

December 2026: 3.65%

____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of January 14, 2024, titled “The January 2024 Wall Street Journal Economic Forecast Survey

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with the views expressed by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of December 15, 2023:

from page 31:

(click on charts to enlarge images)

S&P500 EPS 2023 & 2024

from page 32:

S&P500 EPS 2013-2024

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of December 15, 2023, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of November 10, 2023:

from page 29:

(click on charts to enlarge images)

S&P500 EPS 2023-2024

from page 30:

S&P500 EPS 2013-2024

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of November 15, 2023, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of October 13, 2023:

from page 26:

(click on charts to enlarge images)

S&P500 EPS

from page 27:

S&P500 2013-2024

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of October 19, 2023, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

The October 2023 Wall Street Journal Economic Forecast Survey – Notable Aspects

The October 2023 Wall Street Journal Economic Forecast Survey was published on October 15, 2023. The headline is “A Recession Is No Longer The Consensus.”

I found numerous items to be notable – although I don’t necessarily agree with them – both within the article and in the forecasts section.

An excerpt:

Economists are turning optimistic on the U.S. economy. They now think it will skirt a recession, the Federal Reserve is done raising interest rates and inflation will continue to ease.

As seen in the “Recession Probability” section, the average response as to whether the economy will be in a recession within the next 12 months was 48%. The individual estimates, of those who responded, ranged from 1% to 98%.  For reference, the average response in July’s survey [the previously published survey] was 54%.

As stated in the article, the survey’s 65 respondents were academic, financial and business economists.  The survey was conducted October 6 – October 11. Not every economist answered every question.

Economic Forecasts

The current average forecasts among economists polled include the following:

GDP:

full-year 2023:  2.18%

full-year 2024:  .98%

full-year 2025:  2.12%

full-year 2026:  1.99%

Unemployment Rate:

December 2023: 3.90%

December 2024: 4.41%

December 2025: 4.17%

December 2026: 4.02%

10-Year Treasury Yield:

December 2023: 4.47%

December 2024: 3.94%

December 2025: 3.81%

December 2026: 3.72%

____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of October 15, 2023, titled “The October 2023 Wall Street Journal Economic Forecast Survey

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with the views expressed by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of September 15, 2023:

from page 28:

(click on charts to enlarge images)

S&P500 EPS 2023-2024

from page 29:

S&P500 EPS 2013-2024

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of September 19, 2023, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of August 4, 2023:

from page 28:

(click on charts to enlarge images)

S&P500 EPS forecasts

from page 29:

S&P500 EPS 2013-2024

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of August 15, 2023, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.

Earnings Estimates Trends

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time.

FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings.

For reference purposes, here are two charts as seen in the “Earnings Insight” report of July 7, 2023:

from page 28:

(click on charts to enlarge images)

S&P500 EPS 2023-2024

from page 29:

S&P500 EPS 2013-2024

_____

Please Note – The above is excerpted from the EconomicGreenfield.com (published by RevSD, LLC) post of July 19, 2023, titled “Trends Of S&P500 Earnings Forecasts

_____

RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.

—–

RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.