S&P 500 Earnings Today

October 22, 2015 update of the Thomson Reuters S&P 500 Earnings Today report including the Q3 2015 Earnings Dashboard and Q4 2015 overview and guidance.

Source: I/B/E/S data

EARNINGS: 

Q3 2015

The Q3 2015 blended earnings growth estimate is -3.3%. Excluding the energy sector, the earnings growth estimate increases to 4.4%. 

29% of the S&P 500 companies have reported Q3 2015 EPS. Of the 145 companies 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.

In the S&P 500, there have been 100 negative EPS preannouncements issued by corporations for Q3 2015 compared to 31 positive EPS preannouncements. By dividing 99 by 31 one arrives at an N/P ratio of 3.2 for the S&P 500 Index. 

Q4 2015

The Q4 2015 blended earnings growth estimate is -1.2%. Excluding the energy sector, the earnings growth estimate increases to 4.5%.

REVENUE:  

Q3 2015

The Q3 2015 blended revenue growth estimate is -3.9%. Excluding the energy sector, the revenue growth estimate increases to 1.8%.

41% have reported revenue above analyst expectations, 0% reported revenue in line with analyst expectations, and 59% 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.

In the S&P 500, there have been 63 negative revenue preannouncements issued by corporations for Q3 2015 compared to 39 positive EPS preannouncements. By dividing 63 by 39 one arrives at an N/P ratio of 1.6 for the S&P 500 Index.

Q4 2015

The Q4 2015 blended revenue growth estimate is -1.4%. Excluding the energy sector, the revenue growth estimate increases to 2.4%.

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

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