s&p 500 earnings estimates 2012

Indonesia stock info - s&p 500 earnings estimates 2012 ; Wall Street has never been more sure that the Standard & Poor’s 500 Index will rally in 2011, even after speculation the U.S. economy is heading for a recession prompted the biggest plunge since the bull market began.

The table below illustrates the forecast trailing twelve month (TTM) "As Reported" earnings estimates for the S&P 500. The values in the TTM Earnings column are the sums of the trailing four quarterly estimates from column D in Silverblatt's spreadsheet (as of 12/31/2010). The % Change column uses the TTM earnings estimate for through Q4 2010 as the baseline and shows quarterly earnings growth estimates through 2012.

Now let's look at the three forecast columns based on P/E ratios. Even if you're on a low-sodium diet, take these with a grain of salt. The middle of the three is calculated using a P/E of 15.5 — the historical average TTM P/E ratio for the S&P Composite over the past 139 years. I've multiplied the TTM earnings estimates by this number. Thus, the earnings forecasts using this ratio would put the S&P 500 at 1346 at the end of this year and 1395 at the end of 2012.

The rightmost column uses the TTM P/E at the end of 2010 (December's close of 1257.64 divided by the 74.57 estimate rounded to one decimal place). The earnings forecasts at this ratio would put the S&P 500 at 1468 at the end of this year and 1521 at the end of 2012.

The pink column is based on an arbitrary P/E ratio of 14.1 — the same distance below the average P/E as 16.9 is above it.

Of course, this is merely playful exercise with earnings estimates that will change. Moreover, as the history of P/E ratios suggest, the S&P 500 price oscillates wildly above and below the average P/E multiple. I'll revisit the table above as the forecasts change, as they inevitably will, over the months ahead. (sourceseekingalpha.com )

s&p 500 earnings forecasts 2012,s&p 500 earnings prediction 2012, S&P 500 price prediction 2011 - 2012

Related Post:

earnings Report

• Earnings Reports Next Week April 30-May 4 2012
• Starbucks Q2 earning estimates report april 26 2012
• Zacks Analyst AT&T earning estimates released april 24 2012
• AT&T Ahead of Apple Earnings released april 24 2012
• Petrobras forecast 2012
• BMW net profit rose third quarter 2011
• Zipcar will earnings report november 2 2011
• MasterCard financial results third quarter of 2011
• Sony (SNE) earning report per share november 2 2011
• Samsung net profit falls Q3 2011