Refinitiv, LPL Research 08/09/19
Note: Revenue and earnings growth statistics are a blend of actual results and Refinitiv consensus forecasts for companies that have not yet reported. Trailing earnings cover the four quarters ending Q1 2019 and include estimates for Q1 2019, while forward earnings cover the four quarters beginning Q2 2019.
Any revenue forecasts presented are based on Refinitiv consensus. Any earnings forecasts are based on Refinitiv consensus, plus the long-term historical average for upside to estimates of 3%.
Past performance is not indicative of future results.
The economic forecasts set forth may not develop as predicted.
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The S&P 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
Earnings per share (EPS) is the portion of a company’s profit allocated to each outstanding share of common stock. EPS serves as an indicator of a company’s profitability. Earnings per share is generally considered to be the single
most important variable in determining a share’s price. It is also a major component used to calculate the price-to-earnings valuation ratio.
Because of their narrow focus, specialty sector investing, such as healthcare, financials, or energy, will be subject to greater volatility than investing more broadly across many sectors and companies.
This Research material was prepared by LPL Financial, LLC.
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