•  

Quarterly Updates

LPL Financial Research Quarterly Earnings Season Dashboard

Tracking #1-906985

Download:

Share:

Source:

LPL Financial Research, FactSet

 

Important Disclosures:

Note: Revenue and earnings growth statistics are a blend of actual results and Factset consensus forecasts for companies that have not yet reported. Trailing earnings cover the four quarters ending Q2 2019 and include estimates for Q2 2019, while forward earnings cover the four quarters beginning Q3 2019.

Past performance is not indicative of future results.

The economic forecasts set forth may not develop as predicted.

All indexes are unmanaged and cannot be invested into directly.

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.

LPL Financial Research Q2 2019 Earnings Season Dashboard

  • With 75 S&P 500 companies having reported, third quarter 2019 earnings growth is tracking to a 4% year-over-year decline even though 81% of reporting companies have exceeded forecasts so far.
  • Estimates for the next 12 months have fallen 0.7% since September 30 amid trade uncertainty, weak U.S. manufacturing data, and slowing international growth.

This Research material was prepared by LPL Financial, LLC.

 

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL is not an affiliate of and makes no representation with respect to such entity.

 

If your advisor is located at a bank or credit union, please note that the bank/credit union is not registered as a broker-dealer or investment advisor. Registered representatives of LPL may also be employees of the bank/credit union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, the bank/credit union. Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC/NCUA or Any Other Government Agency | Not Bank/Credit Union Guaranteed | Not Bank/Credit Union Deposits or Obligations | May Lose Value

LPL Financial logo

www.finra.org

www.sipc.org

 Member  FINRA / SIPC