Forward Revenue Estimates Approach Record High

• Posted by Robert Sinn
• on March 22nd, 2012

Ed Yardeni has a must read post up on S&P 500 revenue & earnings - I found the following chart of S&P 500 operating earnings per share and the 52-week forward estimate to be absolutely fascinating:

Click to enlarge

Notice that the current average analyst estimate for 2012 S&P 500 earnings is ~$105 which is down from its summer 2011 peak above $110 – Yardeni says:

“What I am beginning to see recently is that industry analysts are turning more optimistic about the prospects for revenues this year and next year. They have also recently stopped lowering their earnings estimates for both years after having done so nearly every week since mid-2011.”

Run, don’t walk to read the rest: Dr Ed’s Blog

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