S&P 500 Earnings Today

September 18, 2015 update of the Thomson Reuters S&P 500 Earnings Today report including the Q2 2015 Earnings Dashboard and Q3 2015 overview and guidance.

Source: I/B/E/S data

EARNINGS:                                          

 Q2 2015

The Q2 2015 blended Earnings growth estimate is 1.5%. Excluding the energy sector, the earnings growth estimate increases to 9.0%.

99% of the S&P 500 companies have reported Q2 2015 EPS. Of the 498 companies in the S&P 500 that have reported earnings to date for Q2 2015, 69% have reported earnings above analyst expectations, 10% reported earnings in line with analyst expectations and 21% 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, 70% of companies beat estimates, 9% matched and 21% missed estimates.

Q3 2015

The Q3 2015 blended Earnings growth estimate is -3.8%. Excluding the energy sector, the earnings growth estimate increases to 3.7%.

In the S&P 500, there have been 94 negative EPS preannouncements issued by corporations for Q3 2015 compared to 28 positive EPS preannouncements. By dividing 94 by 28 one arrives at an N/P ratio of 3.4 for the S&P 500 Index.

REVENUE:

 Q2 2015

The Q2 2015 blended revenue growth estimate is -3.4%. Excluding the energy sector, the revenue growth estimate increases to 1.5%.

48% have reported revenue above analyst expectations, 0% reported revenue in line with analyst expectations, and 52% reported revenue below analyst expectations. In a typical quarter (since 2002), 61% of companies beat estimates and 39% miss estimates. Over the past four quarters, 56% of companies beat estimates and 44% missed estimates.

Q3 2015

The Q3 2015 blended Revenue growth estimate is -2.9%. Excluding the energy sector, the revenue growth estimate increases to 2.5%.

In the S&P 500, there have been 57 negative revenue preannouncements issued by corporations for Q3 2015 compared to 36 positive EPS preannouncements. By dividing 57 by 36 one arrives at an N/P ratio of 1.6 for the S&P 500 Index.

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