Update of the Thomson Reuters S&P 500 Earnings Today report including the Q3 2015 Earnings Dashboard and Q4 2015 overview and guidance.
Earnings
- Q3 2015
- The Q3 2015 blended earnings growth estimate is -0.7%. Excluding the energy sector, the earnings growth estimate increases to 6.3%.
- 99% of the S&P 500 companies have reported Q3 2015 EPS. Of the 496companies in the S&P 500 that have reported earnings to date for Q3 2015, 70% have reported earnings above analyst expectations, 8% reported earnings in line with analyst expectations and 22% 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.
- Q4 2015
- The Q4 2015 blended earnings growth estimate is -3.5%. Excluding the energy sector, the earnings growth estimate increases to 2.1%.
- In the S&P 500, there have been 86 negative EPS preannouncements issued by corporations for Q4 2015 compared to 26 positive EPS preannouncements. By dividing 86 by 26 one arrives at an N/P ratio of 3.3 for the S&P 500 Index.
Revenue
- Q3 2015
- The Q3 2015 blended revenue growth estimate is -4.4%. Excluding the energy sector, the revenue growth estimate increases to 0.9%.
- 43% have reported revenue above analyst expectations, 0% reported revenue in line with analyst expectations, and 57% reported revenue below analyst expectations. In a typical quarter (since 2002), 60% of companies beat estimates and 40% miss estimates. Over the past four quarters, 58% of companies beat estimates and 48% missed estimates.
- Q4 2015
- The Q4 2015 blended revenue growth estimate is -3.2%. Excluding the energy sector, the revenue growth estimate increases to 1.3%.
- In the S&P 500, there have been 62 negative revenue preannouncements issued by corporations for Q4 2015 compared to 31 positive EPS preannouncements. By dividing 62 by 31 one arrives at an N/P ratio of 2.0 for the S&P 500 Index.
Please note: if you use our earnings data, please source Thomson Reuters I/B/E/S.
