S&P 500 Earnings: A Broken Record - Positive Revisions, Revenue Growth Worth Noting Again
Summarize this article with:
Brian Gilmartin, CFA11.19K FollowersFollow5ShareSavePlay(5min)CommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsSummaryThe forward 4-quarter S&P 500 EPS estimate increased again this week to $342.49, versus last week’s $340.96.The PE on the forward estimate is 20.9x this week, versus 20.9x last week.The S&P 500 earnings yield (S&P EY) ended the week at the same level as the prior week at 4.78%. bluebay2014/iStock via Getty Images In last week’s post, this blog took a look at the S&P 500's expected revenue growth this year and then looked back at the last Trump Administration tax bill passed in December 2017 and found twoThis article was written byBrian Gilmartin, CFA11.19K FollowersFollowBrian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago, January, 1985. The CFA was awarded in 1994. Brian has been fortunate enough to write for the TheStreet.com from 2000 to 2012, and then the WallStreet AllStars from August 2011, to Spring, 2012. Brian also wrote for Minyanville.com, and has been quoted in numerous publications including the Wall Street Journal.