GOLDMAN’S 3 BIGGEST THREATS TO PROFIT MARGINS — SOURCE: ABSTRACTED FROM: 10-07-18 David Kostin, Goldman Sachs via ZH – “Goldman Reveals The 3 Biggest Threats To Profit Margins” — The main threat to the bottom line and the primary investor concern going forward relates to downward pressure on profit margins from three sources: Tariffs, Wage inflation, […]
S&P EPS GROWTH EXPECTED TO DECELERATE GOING INTO 2019 Both sales growth and tax reform contributed equally to first half EPS growth as revenues during the first two quarters rose by more than 10%, led by Energy (+108%) and Materials (+45%), according to Goldman. Meanwhile, Trump’s tax reform and the lower corporate tax rate accounted […]
Q3 EARNINGS EXPECTED TO GROW 21% Y-o-Y DUE SIGNIFICANTLY TO LOWER TAXES Starting next Friday, the big money center banks will report Q3 earnings, launching third quarter earnings season, which for the third consecutive quarter is expected to be stellar. According to consensus, S&P 500 3Q EPS will grow by 21% Y/Y, which while a […]
HIGHEST % NEGATIVE S&P 500 EPS PRE-ANNOUNCEMENTS SINCE Q1 2016 — SOURCE: 09-21-18 Factset – “Highest Percentage of Negative EPS Preannouncements for S&P 500 Since Q1 2016” — Heading into the end of the third quarter, 98 S&P 500 companies have issued EPS guidance for the quarter. Of these 98 companies, 74 have issued negative […]
TECH FIRMS ACCOUNT FOR 60% OF PROFIT MARGIN GROWTH IN THE PAST 20 YEARS — SOURCE: 08-19-18 – “Tech Firms Account For 60% Of Profit Margin Growth In The Past 20 Years” — It’s official: with the best earnings season since 2010 now essentially over, the numbers are in and S&P500 profit margins are at […]
CORPORATE PROFITS WILL SOON COME UNDER DOWNWARD PRESSURE — SOURCE: 09-11-18 CME Group, Bluford Putnam & Erik Norland – “The Next Recession: 3 Critical Warning Signs” — Corporate profits are soon likely to come under downward pressure. Falling corporate profits do not necessarily doom the equity bull market, at least in the short run. The […]
EARNINGS ESTIMATES – THE FADE BEGINS — SOURCE: 06-21-18 RealInvestmentAdvice.com, Lance Roberts – “Earnings Estimates – The Fade Begins (And ‘X’ Marks The Accounting Magic Spot)” — With roughly 98% of the S&P 500 having reported earnings, as of mid-June, we can take a closer look at the results through the 1st quarter of the year. During […]
FUNDAMENTALS – FUTURE GLOBAL CORPORATE EARNINGS LOOKING DISMAL!
EARNINGS – KEY METRICS https://insight.factset.com/hubfs/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_110317.pdf
BEST EPS GROWTH ESTIMATES IN 7 YEARS – BUT SELDOM DELIVER!!
