ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
December 21, 2024 | Tech Talk for Saturday December 21st 2024
Don Vialoux
The Bottom Line
Here comes Santa Claus! Peak period for the “Santa Claus rally” for U.S. and Canadian equity indices is from December 24th to December 31st
Consensus for Earnings and Revenues for S&P 500 companies. Source: www.factset.com
Year-over-year earnings and revenue gains accelerate in the fourth quarter from the third quarter. Consensus calls for an 11.9% earnings increase (up from 11.8% last week) and a 4.6% revenue increase (down from 4.7% last week).
For all of 2024, consensus calls for a 9.4% earnings increase (down from 9.5% last week) and a 5.1% revenue increase.
Consensus for earnings and revenue gains in 2025 was unchanged last week. First quarter earnings are expected to increase 12.8 % on a year-over-year basis and revenues are expected to increase 5.2%. Second quarter earnings are expected to increase 12.1% and revenues are expected to increase 5.4%. Third quarter earnings are expected to increase 15.2% and revenues are expected to increase 5.7%. Fourth quarter earnings are expected to increase 16.9% and revenues are expected to increase 6.6%. For all of 2025 earnings are expected to increase 15.0%
and revenues are expected to increase 5.8%.
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Don Vialoux December 21st, 2024
Posted In: Tech Talk
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