Sales and earning growth expectations for energy stocks are still pretty awful for the next fiscal year (FY1). Sales are expected to drop by 17% and earnings by a whopping -29%. However, earnings are expected to make a V-shaped rebound....
With earnings season on the horizon, we thought we’d take a quick tour of estimates around the globe. Positive revisions to sales and earnings estimates in developed countries have hovered around 20% to 25%, respectively, over one-, three-, and six-month time periods....
A few weeks ago we discussed how the USD was negatively impacting sales and EPS estimate revisions. The dollar’s rise since then has stalled somewhat which has us wondering if we have seen a bottom in sales and EPS revisions?...
