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markets. Industrials companies reported weak results and guidance. Sizable beats from Tech giants GOOG, MSFT & AMZN brightened 3Q earnings season. Health Care companies (PFE, BMY, GILD, BAX) had large beats on both EPS and sales. Large Oil & Gas companies (XOM, CVX, MPC, VLO) had big beats on EPS on very
015 btm-up EPS is 6118.63, about $0.35 lower than our estimate of $119. Blended EPS yty growth is -0.2% for S&P 500, 7.0% ex. Energy, and 6.4% ex. Energy & Financials. Blended sales y/y growth is -4.1% for S&P, 1.3% ex. Energy, and 1.6% ex. Energy & Financials. Blended sales growth is strongest at Health Care (9.
s litigation, but slow revenue growth. Higher credit costs and weaker capital markets revenue will be the two main sources of downside to bank EPS. Health Care (including PFE, MRK, BSX and GILD) continues to post strong EPS results, although PFE (given strong dollar) and MRK gave cautious 2016 guidance whi
ergy (-42.1%) and Materials (-9.0%), have seen substantial cuts. The blended 4Q EPS y/y growth is -3.7% for S&P 500, 2.3% ex. Energy, and 2.4% ex. Energy & Financials. Blended 4O sales y/y growth is -2.0% for S&P, 2.3% ex. Energy, and 2.3% ex. Energy & Financials. Blended sales growth at major sectors is stronges
s litigation, but slow revenue growth. Higher credit costs and weaker capital markets revenue will be the two main sources of downside to bank EPS. Health Care (including PFE, MRK, BSX and GILD) continues to post strong EPS results, although PFE (given strong dollar) and MRK gave cautious 2016 guidance whi
ergy (-42.1%) and Materials (-9.0%), have seen substantial cuts. The blended 4Q EPS y/y growth is -3.7% for S&P 500, 2.3% ex. Energy, and 2.4% ex. Energy & Financials. Blended 4O sales y/y growth is -2.0% for S&P, 2.3% ex. Energy, and 2.3% ex. Energy & Financials. Blended sales growth at major sectors is stronges
Entities connected to both Health Care and Energy & Financials
Deutsche Bank Securities Inc.
ORGANIZATIONex Energy
ORGANIZATIONOil & Gas
ORGANIZATIONDeutsche Bank Sanctities Inc.
ORGANIZATIONex Energy & Fin
ORGANIZATIONAAPL & GOOG
ORGANIZATIONTech EPS
ORGANIZATION