Epstein Secrets

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

page 9) 317 S&P 500 companies comprising 79% of S&P earnings have reported. 59% of companies beat on EPS with a weighted average beat of 1.3% (2.1% ex Energy, 3.6% ex Energy & Fin). 33% of companies beat on sales with a weighted average miss of - 0.4% (-0.5% ex Energy, -0.6% ex Energy & Fin). Banks repor

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

page 9) 317 S&P 500 companies comprising 79% of S&P earnings have reported. 59% of companies beat on EPS with a weighted average beat of 1.3% (2.1% ex Energy, 3.6% ex Energy & Fin). 33% of companies beat on sales with a weighted average miss of - 0.4% (-0.5% ex Energy, -0.6% ex Energy & Fin). Banks repor

estimate of $118. 10 blended EPS y/y growth is 2.3% for S&P, 10.0% ex Energy, and 8.2% ex Energy and Financials. 10 EPS y/y growth is strongest at Health Care (18.0%), followed by Financials (16.7%), Tech (9.8%), Cons Disc (7.3%), and Industrials (5.6%). All other sectors have low single digit EPS growth

where it is now and oil $60-70/bbl, 2015 S&P EPS should be -$121 vs. our current estimate of $118. 10 blended EPS y/y growth is 2.3% for S&P, 10.0% ex Energy, and 8.2% ex Energy and Financials. 10 EPS y/y growth is strongest at Health Care (18.0%), followed by Financials (16.7%), Tech (9.8%), Cons Disc (