Posts filed under “Earnings”

Profitibility at the World’s Biggest Tech Firms

 

click for ginormous graphic
Profitable2 copy
via Pando Daily

 

Category: Digital Media, Earnings, Technology, Valuation

Corporate Profits After Tax

Billions of dollars, seasonally adjusted, after tax without inventory valuation (IVA) and capital consumption adjustments (CCAdj). Source: FRED   I have been trying to explain to some of my more Fed obsessed friends there are factors outside the central bank that matter also. One such factor is corporate profits. As the chart from the Federal Reserve…Read More

Category: Data Analysis, Earnings, Federal Reserve

Apple’s Rebound Q in One Giant Chart

click for larger graphic Source: TechCrunch

Category: Digital Media, Earnings, Valuation

Lagged P/E Ratios: Shiller Cape vs NIPA

click for ginormous charts Source: JP Morgan   JP Morgan observes: “Shiller P/E shows the market to be overvalued, but not as extreme if you use the NIPA data.” I’ve never used the NIPA data, so I have no real opinion on it.  The two charts look directionally similar, but different in terms of magnitude….Read More

Category: Data Analysis, Earnings, Valuation

How Future Growth Impacts Current Equity Valuations

More fun with price-to-earnings ratios: Earlier this month, we looked at the question of whether Stocks were Cheap or Expensive. That was a follow up to our glance at how much Earnings and Equities had rallied off the 2009 lows. The problem is the many ways we can define earnings-per-share. Do we use analysts’ forward…Read More

Category: Earnings, Valuation

Surprise! 2Q Sales Growth = +2.7%

click for larger graphic Source: Merrill Lynch Research     We interrupt the upcoming economic apocalypse and market collapse for this surprising message. Earnings are being revised higher, as are Revenues as well. Merrill Lynch, who tracks these sorts of things, notes that the latest revised expectations for Q2 are “1.3% higher than they were…Read More

Category: Earnings, Valuation

Earnings vs Equities Since 2009 Lows

S&P500 Earnings, Quarterly versus Price (Q1 2009- Present) Click to enlarge Source: Bloomberg Data   S&P500 Earnings, Trailing Year versus Price (1990 – Present) Source:  Dan Greenhaus, BTIG   Following last week’s discussion on narratives, I want to direct your attention to the charts above. One shows the quarterly recovery in earnings and prices since…Read More

Category: Earnings, Valuation

S&P500 Index to Profits at all U.S. companies

Click to enlarge     I have to admit: I have never seen this ratio before. Standard & Poor’s 500 Index to profits at all U.S. companies. Its a price to earnings ratio of the main US stock market against ALL US earnings. According to this little used, odd ratio, Stocks are much cheaper after…Read More

Category: Earnings, Technical Analysis, Valuation

Stiglitz: High Unemployment & High Corporate Profits

Nobel Prize Winner Joseph Stiglitz explains why income inequality remains stubbornly high despite impressive gains in corporate America and the stock market with New York Magazines Frank Rich on Rachel Maddow March 5th, 2013.

Category: Earnings, Employment, Video

Facebook Fatigue & Earnings

Click for video
Graphic
Source: Bloomberg

Category: Earnings, Video, Web/Tech