All data sourced from Thomson Reuters Eikon
- First quarter earnings are expected to increase 18.4% from Q1 2017. Excluding the energy sector, the earnings growth estimate declines to 16.7%.
- Of the 23 companies in the S&P 500 that have reported earnings to date for Q1 2018, 73.9% have reported earnings above analyst expectations. This is above the long-term average of 64% and below the average over the past four quarters of 75%.
- First quarter revenue is expected to increase 7.3% from Q4 2016. Excluding the energy sector, the revenue growth estimate declines to 6.6%.
- 73.9% of companies have reported Q1 2018 revenue above analyst expectations. This is above the long-term average of 60% and above the average over the past four quarters of 63%.
- For Q1 2018, there have been 73 negative EPS preannouncements issued by S&P 500 corporations compared to 60 positive, which results in an N/P ratio of 1.2 for the S&P 500 Index.
- The forward four-quarter (2Q18 – 1Q19) P/E ratio for the S&P 500 is 16.4.
- During the week of Apr. 9, six S&P 500 companies are expected to report quarterly earning