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Smallest Cuts to EPS Estimates since 2010 for S&P 500 Companies

By John Butters, Jan 5, 2018


During the fourth quarter, analysts lowered earnings estimates for companies in the S&P 500 for the quarter. The Q4 bottom-up EPS estimate (which is an aggregation of the median EPS estimates for all the companies in the index) dropped by 0.3% (to $34.90 from $35.00) during this period. How significant is a 0.3% decline in the bottom-up EPS estimate during a quarter? How does this decrease compare to recent quarters?