Update of the Thomson Reuters S&P 500 Earnings Today report including the Q4 2015 Earnings Dashboard and Q1 2016 overview and guidance.
Click here to view the dashboard in detail.
EARNINGS
- Q4 2015
- The Q4 2015 blended earnings growth estimate is -4.21%. Excluding the energy sector, the earnings growth estimate increases to 2.1%.
- 63% of the S&P 500 companies have reported Q4 2015 EPS. Of the 315 companies in the S&P 500 that have reported earnings to date for Q4 2015, 69% have reported earnings above analyst expectations, 11% 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, 69% of companies beat estimates, 9% matched and 22% missed estimates.
- In the S&P 500, there have been 98 negative EPS preannouncements issued by corporations for Q4 2015 compared to 32 positive EPS preannouncements. By dividing 98 by 32 one arrives at an N/P ratio of 3.1 for the S&P 500 Index. This is above the long term average (since 1997) of 2.7 and below the trailing four quarter average of 4.3.
- Q1 2016
- The Q1 2016 blended earnings growth estimate is -3.9%. Excluding the energy sector, the earnings growth estimate increases to 0.4%.
- In the S&P 500, there have been 51 negative EPS preannouncements issued by corporations for Q1 2016 compared to 8 positive EPS preannouncements. By dividing 51 by 8 one arrives at an N/P ratio of 6.4 for the S&P 500 Index.
REVENUE
- Q4 2015
- The Q4 2015 blended revenue growth estimate is -3.5%. Excluding the energy sector, the revenue growth estimate increases to 0.9%.
- In the S&P 500, there have been 69 negative revenue preannouncements issued by corporations for Q4 2015 compared to 34 positive EPS preannouncements. By dividing 69 by 34 one arrives at an N/P ratio of 2.0 for the S&P 500 Index. This is above the long term average (since 2008) of 1.8 and in-line with the trailing four quarter average of 2.0.
- Q1 2016
- The Q1 2016 blended revenue growth estimate is 0.2%. Excluding the energy sector, the revenue growth estimate increases to 2.5%.
- In the S&P 500, there have been 25 negative revenue preannouncements issued by corporations for Q1 2016 compared to 15 positive EPS preannouncements. By dividing 25 by 15 one arrives at an N/P ratio of 1.7 for the S&P 500 Index.
Please note: if you use our earnings data, please source I/B/E/S.
