Wednesday , November 6 2024

S&P 500 1Q

Summary:
This is what an ass-kicking looks like... sheesh these guys killed it here: $SPX Q1’18 opertating EPS estimate up 10.0% YTD, as EPS setting record; 2018 est +8.1% YTD, 2019 +8.0%; Oper margin record high at 11.66% (20YrAvg8.08%); Sales strong +9.4%Y/Y, second (-2.8%) only to record Q4 2017 (holiday); file under ‘Additional info” https://t.co/hWKNiES12t — Howard Silverblatt (@hsilverb) April 27, 2018 More on share buybacks way up:$SPX Q1’18 buybacks (29% reported) up 72% over Q4’17 & up 76% ovr Q1’17 as a few significant increases had an impact, but even ex those, buybacks up between 25% and 42% depending on the exclusions; $AMGN .7B forQ1’18 (%excerpt%.8B Q4,’17), $ORCL .0B (.1$B), $MSFT .8B (.0B)— Howard Silverblatt (@hsilverb) April 28, 2018

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This is what an ass-kicking looks like... sheesh these guys killed it here:

More on share buybacks way up:

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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