Tuesday , April 8 2025

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

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.


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.

Leave a Reply

Your email address will not be published. Required fields are marked *