Quant Briefing: Revenues, Earnings, & Margins

Size: px
Start display at page:

Download "Quant Briefing: Revenues, Earnings, & Margins"

Transcription

1 Quant Briefing: Revenues, Earnings, & Margins August 31, 2016 Dr. Edward Yardeni Joe Abbott Please visit our sites at blog.yardeni.com thinking outside the box

2 Table Of Contents Table Of Contents Tables S&P 500 Sectors Revenues, Earnings, & Margins 3 S&P 500 Sectors Contribution to S&P S&P 500 Sectors & Industries Annual Revenue Growth 5 S&P 500 Sectors & Industries Annual Earnings Growth 6 S&P 500 Sectors & Industries Annual Profit Margin 7 August 31, 2016 / Revenues, Earnings, & Margins

3 S&P 500 Sectors Revenues, Earnings, & Margins Figure A: S&P 500 Projected Sales, Earnings, & Profit Margin (as of August 25, 2016) Y/Y Sales Growth (%) 1-month % change in Sales Forecast 2016E 2017E 2018E FW S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities S&P 500 ex-energy S&P 500 ex-financials Y/Y Earnings Growth (%) 1-month % change in EPS Forecast 2016E 2017E 2018E FW S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities S&P 500 ex-energy S&P 500 ex-financials Operating Profit Margin (%) S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities S&P 500 ex-energy S&P 500 ex-financials Page 3 / August 31, 2016 / Revenues, Earnings, & Margins

4 S&P 500 Sectors Contribution to S&P 500 Figure B: S&P 500 Sectors % Contribution to Sales & Earnings (as of August 25, 2016) % of S&P 500 Sales S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities % of S&P 500 Earnings S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities Figure C: S&P 500 Sectors $ Contribution to Sales & Earnings (as of August 25, 2016) $ Contribution to S&P 500 Sales S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities $ Contribution to S&P 500 Earnings S&P Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Telecommunication Services Utilities Page 4 / August 31, 2016 / Revenues, Earnings, & Margins

5 S&P 500 Sectors & Industries Annual Revenue Growth Figure D: Consensus Expected Revenue Growth (pct. change, as of August 25, 2016) Sector/Industry Group 2015A 2016E 2017E Forward Sector/Industry Group S&P Consumer Staples Consumer Discretionary Agricultural Products Advertising Brewers Apparel & Accessories Distillers & Vintners Apparel Retail Drug Retail Auto Parts & Equipment Food Distributors Automobile Manufacturers Food Retail Automotive Retail Household Products Broadcasting Hypermarkets & Super Centers Cable & Satellite Packaged Foods Casinos & Gaming Personal Products Computer & Electronics Retail Soft Drinks Consumer Electronics Tobacco Department Stores Energy Distributors Integrated Oil & Gas Footwear Oil & Gas Drilling General Merchandise Stores Oil & Gas Equipment & Services Home Furnishing Retail Oil & Gas Exploration & Production Home Furnishings Oil & Gas Refining & Marketing Home Improvement Retail Oil & Gas Storage & Transportation Homebuilding Financials Hotels Asset Management & Custody Banks Household Appliances Consumer Finance Housewares & Specialities Diversified Banks Internet Retail Health Care REIT's Leisure Products Hotel & Resort REIT's Motorcycle Manufacturers Industrial REITs Movies & Entertainment Insurance Brokers Publishing & Printing Investment Banking & Brokerage Restaurants Life & Health Insurance Speciality Stores Multi-Line Insurance Specialized Consumer Services Multi-Sector Holdings Tires & Rubber Office REITs Health Care Property & Casualty Insurance Biotechnology Real Estate Services Health Care Distributors Regional Banks Health Care Equipment Residential REITs Health Care Facilities Retail REITs Health Care Services Specialized Finance Health Care Supplies Specialized REITs Health Care Technology Information Technology Life Sciences Tools & Services Application Software Managed Health Care Communications Equipment Pharmaceuticals Data Processing & Outsourced Services Industrials Electronic Components Aerospace & Defense Electronic Equipment & Instruments Agricultural & Farm Machinery Electronic Manufacturing Services Air Freight & Couriers Home Entertainment Software Airlines Internet Software & Services Building Products IT Consulting & Other Services Construction & Engineering Semiconductor Equipment Construction & Farm Machinery Semiconductors Diversified Support Services Systems Software Electrical Components & Equipment Technology Hardware, Storage & Peripherals Environmental & Facilities Services Materials Human Resource & Employment Services Aluminium Industrial Conglomerates Commodity Chemicals Industrial Machinery Construction Materials Office Services & Supplies Diversified Chemicals Railroads Diversified Metals & Mining Research & Consulting Services Fertilizers & Agricultural Chemicals Security & Alarm Services Gold Trading Companies & Distributors Industrial Gasses Trucking Metal & Glass Containers Telecommunications Services Paper Packaging Alternative Carriers Speciality Chemicals Integrated Telecommunication Services Steel Utilities Electric Utilities Independent Power Producers & Energy Traders Multi-Utilities Water Utilities na = not available. 2015A 2016E 2017E Forward Page 5 / August 31, 2016 / Revenues, Earnings, & Margins

6 S&P 500 Sectors & Industries Annual Earnings Growth Figure E: Consensus Expected Earnings Growth (pct. change, as of August 25, 2016) Sector/Industry Group 2015A 2016E 2017E Forward Sector/Industry Group 2015A 2016E 2017E S&P Consumer Staples Consumer Discretionary Agricultural Products Advertising Brewers Apparel & Accessories Distillers & Vintners Apparel Retail Drug Retail Auto Parts & Equipment Food Distributors Automobile Manufacturers Food Retail Automotive Retail Household Products Broadcasting Hypermarkets & Super Centers Cable & Satellite Packaged Foods Casinos & Gaming Personal Products Computer & Electronics Retail Soft Drinks Consumer Electronics Tobacco Department Stores Energy Distributors Integrated Oil & Gas Footwear Oil & Gas Drilling /- +/- General Merchandise Stores Oil & Gas Equipment & Services Home Furnishing Retail Oil & Gas Exploration & Production +/- -/- -/+ neg Home Furnishings Oil & Gas Refining & Marketing Home Improvement Retail Oil & Gas Storage & Transportation Homebuilding Financials Hotels Asset Management & Custody Banks Household Appliances Consumer Finance Housewares & Specialities Diversified Banks Internet Retail Health Care REIT's Leisure Products Hotel & Resort REIT's Motorcycle Manufacturers Industrial REITs Movies & Entertainment Insurance Brokers Publishing & Printing Investment Banking & Brokerage Restaurants Life & Health Insurance Speciality Stores Multi-Line Insurance Specialized Consumer Services Multi-Sector Holdings Tires & Rubber Office REITs Health Care Property & Casualty Insurance Biotechnology Real Estate Services Health Care Distributors Regional Banks Health Care Equipment Residential REITs Health Care Facilities Retail REITs Health Care Services Specialized Finance Health Care Supplies Specialized REITs Health Care Technology Information Technology Life Sciences Tools & Services Application Software Managed Health Care Communications Equipment Pharmaceuticals Data Processing & Outsourced Services Industrials Electronic Components Aerospace & Defense Electronic Equipment & Instruments Agricultural & Farm Machinery Electronic Manufacturing Services Air Freight & Couriers Home Entertainment Software Airlines Internet Software & Services Building Products IT Consulting & Other Services Construction & Engineering Semiconductor Equipment Construction & Farm Machinery Semiconductors Diversified Support Services Systems Software Electrical Components & Equipment Technology Hardware, Storage & Peripherals Environmental & Facilities Services Materials Human Resource & Employment Services Aluminium Industrial Conglomerates Commodity Chemicals Industrial Machinery Construction Materials Office Services & Supplies Diversified Chemicals Railroads Diversified Metals & Mining +/- -/ Research & Consulting Services Fertilizers & Agricultural Chemicals Security & Alarm Services Gold Trading Companies & Distributors Industrial Gasses Trucking Metal & Glass Containers Telecommunications Services Paper Packaging Alternative Carriers Speciality Chemicals Integrated Telecommunication Services Steel Utilities Electric Utilities Independent Power Producers & Energy Traders Multi-Utilities Water Utilities /- = a loss is expected, -/- = forecasted loss is larger, neg = forecasted loss is smaller, -/+ = forecasted earnings are now positive, na = not available. Forward Page 6 / August 31, 2016 / Revenues, Earnings, & Margins

7 S&P 500 Sectors & Industries Annual Profit Margin Figure F: Consensus Expected Profit Margin (percent, as of August 25, 2016) Sector/Industry Group 2015A 2016E 2017E Forward Sector/Industry Group S&P Consumer Staples Consumer Discretionary Agricultural Products Advertising Brewers Apparel & Accessories Distillers & Vintners Apparel Retail Drug Retail Auto Parts & Equipment Food Distributors Automobile Manufacturers Food Retail Automotive Retail Household Products Broadcasting Hypermarkets & Super Centers Cable & Satellite Packaged Foods Casinos & Gaming Personal Products Computer & Electronics Retail Soft Drinks Consumer Electronics Tobacco Department Stores Energy Distributors Integrated Oil & Gas Footwear Oil & Gas Drilling General Merchandise Stores Oil & Gas Equipment & Services Home Furnishing Retail Oil & Gas Exploration & Production Home Furnishings Oil & Gas Refining & Marketing Home Improvement Retail Oil & Gas Storage & Transportation Homebuilding Financials Hotels Asset Management & Custody Banks Household Appliances Consumer Finance Housewares & Specialities Diversified Banks Internet Retail Health Care REIT's Leisure Products Hotel & Resort REIT's Motorcycle Manufacturers Industrial REITs Movies & Entertainment Insurance Brokers Publishing & Printing Investment Banking & Brokerage Restaurants Life & Health Insurance Speciality Stores Multi-Line Insurance Specialized Consumer Services Multi-Sector Holdings Tires & Rubber Office REITs Health Care Property & Casualty Insurance Biotechnology Real Estate Services Health Care Distributors Regional Banks Health Care Equipment Residential REITs Health Care Facilities Retail REITs Health Care Services Specialized Finance Health Care Supplies Specialized REITs Health Care Technology Information Technology Life Sciences Tools & Services Application Software Managed Health Care Communications Equipment Pharmaceuticals Data Processing & Outsourced Services Industrials Electronic Components Aerospace & Defense Electronic Equipment & Instruments Agricultural & Farm Machinery Electronic Manufacturing Services Air Freight & Couriers Home Entertainment Software Airlines Internet Software & Services Building Products IT Consulting & Other Services Construction & Engineering Semiconductor Equipment Construction & Farm Machinery Semiconductors Diversified Support Services Systems Software Electrical Components & Equipment Technology Hardware, Storage & Peripherals Environmental & Facilities Services Materials Human Resource & Employment Services Aluminium Industrial Conglomerates Commodity Chemicals Industrial Machinery Construction Materials Office Services & Supplies Diversified Chemicals Railroads Diversified Metals & Mining Research & Consulting Services Fertilizers & Agricultural Chemicals Security & Alarm Services Gold Trading Companies & Distributors Industrial Gasses Trucking Metal & Glass Containers Telecommunications Services Paper Packaging Alternative Carriers Speciality Chemicals Integrated Telecommunication Services Steel Utilities Electric Utilities Independent Power Producers & Energy Traders Multi-Utilities Water Utilities A 2016E 2017E Forward Page 7 / August 31, 2016 / Revenues, Earnings, & Margins

8 Copyright (c) All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information and opinions contained herein. The views and the other information provided are subject to change without notice. All reports posted on, blog.yardeni.com, and YRI s Apps for ipads and iphones are issued without regard to the specific investment objectives, financial situation, or particular needs of any specific recipient and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but should not be construed as a recommendation to buy, sell, or hold the company s stock. Predictions, forecasts, and estimates for any and all markets should not be construed as recommendations to buy, sell, or hold any security--including mutual funds, futures contracts, and exchange traded funds, or any similar instruments. The text, images, and other materials contained or displayed on any product, service, report, or website are proprietary to and constitute valuable intellectual property. No material from any part of, blog.yardeni.com, and YRI s Apps for ipads and iphones may be downloaded, transmitted, broadcast, transferred, assigned, reproduced or in any other way used or otherwise disseminated in any form to any person or entity, without the explicit written consent of All unauthorized reproduction or other use of material from Yardeni Research, Inc. shall be deemed willful infringement(s) of this copyright and other proprietary and intellectual property rights, including but not limited to, rights of privacy. Yardeni Research, Inc. expressly reserves all rights in connection with its intellectual property, including without limitation the right to block the transfer of its products and services and/or to track usage thereof, through electronic tracking technology, and all other lawful means, now known or hereafter devised. reserves the right, without further notice, to pursue to the fullest extent allowed by the law any and all criminal and civil remedies for the violation of its rights. The recipient should check any and any attachments for the presence of viruses. accepts no liability for any damage caused by any virus transmitted by this company s s, website, blog and Apps. Additional information available on request.

Stock Market Briefing: S&P 500 Sectors & Industries Profit Margins

Stock Market Briefing: S&P 500 Sectors & Industries Profit Margins Stock Market Briefing: S&P Sectors & Industries Profit Margins January, 1 Dr. Edward Yardeni 1--3 eyardeni@ Joe Abbott 3--3 jabbott@ Please visit our sites at www. blog. thinking outside the box Table

More information

Valuation: S&P 500 Sectors & Industries Forward P/Es

Valuation: S&P 500 Sectors & Industries Forward P/Es Valuation: S&P Sectors & Industries Forward P/Es February, 16 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-6 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www.

More information

Performance 2016 S&P 500 Sectors & Industries

Performance 2016 S&P 500 Sectors & Industries Performance 216 S&P Sectors & Industries August 4, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-36 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog.

More information

Performance 2015 S&P 500 Sectors & Industries

Performance 2015 S&P 500 Sectors & Industries Performance 21 S&P Sectors & Industries November 2, 21 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-36 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog.

More information

Stock Market Briefing: S&P 500 Profit Margins, Sectors & Industries

Stock Market Briefing: S&P 500 Profit Margins, Sectors & Industries Stock Market Briefing: S&P Profit Margins, Sectors & Industries February, 1 Dr. Edward Yardeni 1-- eyardeni@ Joe Abbott -- jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

Maps of Global Industry Classification Standard (GICS) to proposed GRI Business Activity Groups

Maps of Global Industry Classification Standard (GICS) to proposed GRI Business Activity Groups Additional information about the project can be found at https://www.globalreporting.org/reporting/sector-guidance/topics-research/pages/default.aspx Maps of Global Industry Classification Standard ()

More information

Profit Margins. Yardeni Research, Inc. April 3, 2012. Dr. Edward Yardeni. Mali Quintana. thinking outside the box. 516-972-7683 eyardeni@yardeni.

Profit Margins. Yardeni Research, Inc. April 3, 2012. Dr. Edward Yardeni. Mali Quintana. thinking outside the box. 516-972-7683 eyardeni@yardeni. Profit Margins April, 1 Dr. Edward Yardeni 1-- eyardeni@ Mali Quintana --1 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table Of Contents Pricing & Unit Labor

More information

Quant Briefing: Earnings Surprise Monitor

Quant Briefing: Earnings Surprise Monitor Quant Briefing: Earnings Monitor August 3, 1 Dr. Ed Yardeni 1-97-783 eyardeni@ Joe Abbott 73-97-3 jabbott@ Please visit our sites at blog. thinking outside the box Table Of Contents Table Of Contents S&P

More information

Quant Briefing: Earnings Surprise Monitor

Quant Briefing: Earnings Surprise Monitor Quant Briefing: Earnings Monitor August 19, 1 Dr. Ed Yardeni 1-97-783 eyardeni@ Joe Abbott 73-973 jabbott@ Please visit our sites at blog. thinking outside the box Table Of Contents Table Of Contents S&P

More information

Technical Note: Global Industry Classification Standards (GICS) CDP info@cdp.net +44 (0) 20 7970 5660 www.cdp.net

Technical Note: Global Industry Classification Standards (GICS) CDP info@cdp.net +44 (0) 20 7970 5660 www.cdp.net Technical Note: Global Industry Classification Standards (GICS) CDP info@cdp.net +44 (0) 20 7970 5660 www.cdp.net 1 The Global Industry Classification Standard structure consists of 10 sectors, 24 industry

More information

SECTOR SUB-SECTOR BRANCH SUB-BRANCH

SECTOR SUB-SECTOR BRANCH SUB-BRANCH 01000 Energy 01100 Energy 01110 Energy & 01000 01100 01110 01112 01000 01100 01120 Oil, Gas & Consumable Fuels 01000 01100 01120 01122 01111 Oil & Gas Drilling Oil & Gas & 01121 Integrated Oil & Gas Oil

More information

Performance 2016: S&P 500/400/600 Sectors

Performance 2016: S&P 500/400/600 Sectors Performance 216: S&P /4/6 Sectors August 12, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

Stock Market Briefing: S&P 500 Sectors STEG, LTEG, & PEG

Stock Market Briefing: S&P 500 Sectors STEG, LTEG, & PEG Stock Market Briefing: S&P Sectors STEG, LTEG, & PEG January, 1 Dr. Edward Yardeni 1-92-3 eyardeni@ Joe Abbott 32-49-3 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

Stock Market Briefing: Performance Derby During Bull Markets

Stock Market Briefing: Performance Derby During Bull Markets Stock Market Briefing: Performance Derby During Bull Markets July 7, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our

More information

Market Briefing: S&P 500 Bull & Bear Markets & Corrections

Market Briefing: S&P 500 Bull & Bear Markets & Corrections Market Briefing: S&P 0 Bull & Bear Markets & Corrections September 2, 2016 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-5306 jabbott@ Mali Quintana 4-664-1333 aquintana@ Please visit our

More information

S&P 500 Industry Briefing: S&P 500 Excluding Energy

S&P 500 Industry Briefing: S&P 500 Excluding Energy S&P Industry Briefing: S&P Excluding Energy September 1, 16 Dr. Ed Yardeni 16-97-7683 eyardeni@ Joe Abbott 73-97-36 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

Valuation: S&P 500 Market Cap to Sales Ratios

Valuation: S&P 500 Market Cap to Sales Ratios Valuation: to Sales Ratios October 5, 2016 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-5306 jabbott@ Mali Quintana 480-664-1333 aquintana@ Please visit our sites at www. blog. thinking

More information

Earnings, Revenues, & Valuation: S&P 500/400/600

Earnings, Revenues, & Valuation: S&P 500/400/600 Earnings, Revenues, & Valuation: S&P // February 2, Dr. Edward Yardeni -2-3 eyardeni@ Joe Abbott 32--3 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table Of

More information

Earnings, Revenues, & Valuation: S&P 500/400/600

Earnings, Revenues, & Valuation: S&P 500/400/600 Earnings, Revenues, & Valuation: S&P // September 2, Dr. Edward Yardeni -92-3 eyardeni@ Joe Abbott 32-9-3 jabbott@ Please visit our sites at blog. thinking outside the box Table Of Contents Table Of Contents

More information

S&P 500 Industry Briefing: Automobile Manufacturers

S&P 500 Industry Briefing: Automobile Manufacturers S&P Industry Briefing: Automobile Manufacturers January 1, 217 Dr. Ed Yardeni 16-972-763 eyardeni@ Joe Abbott 732-497-36 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

S&P 500 Industry Briefing: Independent Power & Energy Traders

S&P 500 Industry Briefing: Independent Power & Energy Traders S&P Industry Briefing: Independent Power & Energy Traders August 19, 1 Dr. Ed Yardeni 1-97-73 eyardeni@ Joe Abbott 73-97-3 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

S&P 500 Industry Briefing: Computer & Electronics Retail

S&P 500 Industry Briefing: Computer & Electronics Retail S&P Industry Briefing: Computer & Electronics Retail January 6, 17 Dr. Ed Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-6 jabbott@ Please visit our sites at www. blog. thinking outside the box Table

More information

Stock Market Indicators: Bull and Bear Markets

Stock Market Indicators: Bull and Bear Markets Stock Market Indicators: Bull and Bear Markets September 2, 2016 Dr. Edward Yardeni 516-72-7683 eyardeni@ Joe Abbott 732-47-5306 jabbott@ lease visit our sites at www. blog. thinking outside the box Table

More information

S&P 500 Industry Briefing: Oil & Gas Storage & Transportation

S&P 500 Industry Briefing: Oil & Gas Storage & Transportation S&P Industry Briefing: Oil & Gas Storage & Transportation January 1, Dr. Ed Yardeni -972-7683 eyardeni@ Joe Abbott 732-497-36 jabbott@ Please visit our sites at www. blog. thinking outside the box Table

More information

Stock Market Indicators: Historical Monthly & Annual Returns

Stock Market Indicators: Historical Monthly & Annual Returns Stock Market Indicators: Historical Monthly & Annual Returns July 31, 1 Dr. Edward Yardeni 51-97-73 eyardeni@ Joe Abbott 7397-53 jabbott@ Please visit our sites at blog. thinking outside the box Table

More information

Stock Market Indicators: 200-Day Moving Averages

Stock Market Indicators: 200-Day Moving Averages Stock Market Indicators: 2-Day Moving Averages January 12, 217 Dr. Ed Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@

More information

Market Briefing: Corporate Bond Yields

Market Briefing: Corporate Bond Yields Market Briefing: February 2, 21 Dr. Edward Yardeni 51-72-78 eyardeni@ Joe Abbott 72-47-5 jabbott@ Mali Quintana 48-4-1 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

S&P 500 Industry Briefing: Semiconductor Equipment

S&P 500 Industry Briefing: Semiconductor Equipment S&P 5 Industry Briefing: Semiconductor Equipment January 1, 17 Dr. Ed Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Please visit our sites at www. blog. thinking outside the box Table

More information

US Mutual Funds: Weekly New Cash Flows

US Mutual Funds: Weekly New Cash Flows US Mutual Funds: Weekly New Cash Flows February 1, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@yardeni.com Debbie Johnson 48-664-1333 djohnson@yardeni.com Please visit our sites at blog.yardeni.com thinking

More information

US Economic Indicators: ECI vs AHE P&NS Wages

US Economic Indicators: ECI vs AHE P&NS Wages US Economic Indicators: P&NS Wages January, Dr. Edward Yardeni -9- eyardeni@ Debbie Johnson -- djohnson@ Mali Quintana -- aquintana@ Please visit our sites at www. blog. thinking outside the box Table

More information

Earnings, Revenues, & Valuation: S&P 500 Sectors

Earnings, Revenues, & Valuation: S&P 500 Sectors Earnings, Revenues, & Valuation: S&P Sectors March 7, Dr. Ed Yardeni 1-97-73 eyardeni@ Joe Abbott 73-97-3 jabbott@ Mali Quintana --33 aquintana@ Please visit our sites at blog. thinking outside the box

More information

Global Index Briefing: Germany s DAX

Global Index Briefing: Germany s DAX Global Index Briefing: Germany s DAX July, 16 Dr. Ed Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table

More information

Earnings, Revenues, & Valuation: S&P Sectors

Earnings, Revenues, & Valuation: S&P Sectors Earnings, Revenues, & Valuation: S&P -- Sectors December 2, 2 Dr. Ed Yardeni -72-73 eyardeni@ Joe Abbott 732-7-3 jabbott@ Mali Quintana --1333 aquintana@ Please visit our sites at blog. thinking outside

More information

Global Index Briefing: Emerging Markets MSCI

Global Index Briefing: Emerging Markets MSCI Global Index Briefing: Emerging Markets MSCI August 18, 2016 Dr. Ed Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-306 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

US Economic Indicators: R&D and High-Tech Capital Spending

US Economic Indicators: R&D and High-Tech Capital Spending US Economic Indicators: R&D and High-Tech Capital Spending January 2, 17 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit

More information

US Economic Indicators: Atlanta Fed s Median Wage Growth Tracker

US Economic Indicators: Atlanta Fed s Median Wage Growth Tracker US Economic Indicators: Atlanta Fed s Median Wage Growth Tracker December, 0 Dr. Edward Yardeni -9-8 eyardeni@ Debbie Johnson 80-- djohnson@ Mali Quintana 80-- aquintana@ Please visit our sites at www.

More information

Market Briefing: Global Interest Rates

Market Briefing: Global Interest Rates Market Briefing: Global Interest Rates August 5, 1 Dr. Edward Yardeni 51-97-73 eyardeni@ Debbie Johnson --1333 djohnson@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

Global Economic Indicators: China s Oil Demand

Global Economic Indicators: China s Oil Demand Global Economic Indicators: China s Oil Demand January 28, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites

More information

US Mutual Funds Monthly Statistics (Including ETFs)

US Mutual Funds Monthly Statistics (Including ETFs) US Mutual Funds Monthly Statistics (Including ETFs) November, 215 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the

More information

S&P 500 Industry Briefing: Trading Companies & Distributors

S&P 500 Industry Briefing: Trading Companies & Distributors S&P Industry Briefing: Trading Companies & Distributors June, 16 Dr. Ed Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-97-36 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

Global Economic Indicators: Japan CPI

Global Economic Indicators: Japan CPI Global Economic Indicators: Japan CPI June, Dr. Edward Yardeni -97-78 eyardeni@ Debbie Johnson 8-- djohnson@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table Of Contents

More information

S&P 500 Industry Briefing: Human Resource & Employment Services

S&P 500 Industry Briefing: Human Resource & Employment Services S&P 5 Industry Briefing: Human Resource & Employment Services January 29, 216 Dr. Ed Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Please visit our sites at www. blog. thinking outside

More information

US Economic History: Great Depression

US Economic History: Great Depression US Economic History: Great Depression February 19, 214 Dr. Edward Yardeni 16-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table

More information

Stock Market Indicators: S&P 500 Buybacks & Dividends

Stock Market Indicators: S&P 500 Buybacks & Dividends Stock Market Indicators: S&P Buybacks & Dividends July 13, 21 Dr. Edward Yardeni 1-972-73 eyardeni@ Joe Abbott 732-97-3 jabbott@ Mali Quintana --1333 aquintana@ Please visit our sites at www. blog. thinking

More information

US Economic Indicators: NFIB Small Business Survey

US Economic Indicators: NFIB Small Business Survey US Economic Indicators: NFIB Small Business Survey June 1, Dr. Edward Yardeni -972-763 eyardeni@ Debbie Johnson -66-1333 djohnson@ Mali Quintana -66-1333 aquintana@ Please visit our sites at www. blog.

More information

Thomson Reuters Business Classification

Thomson Reuters Business Classification Classification Structure 2012 Economic Sector: 50 Energy 5010 Energy - Fossil Fuels 501010 Coal 50101010 Coal 501020 Oil & Gas 50102010 Integrated Oil & Gas 50102020 Oil & Gas Exploration and Production

More information

US Economic Indicators: GDP (Nominal & Real)

US Economic Indicators: GDP (Nominal & Real) US Economic Indicators: GDP (Nominal & Real) July 9, Dr. Edward Yardeni -97-78 eyardeni@ Debbie Johnson 8-- djohnson@ Mali Quintana 8-- aquintana@ Please visit our sites at www. blog. thinking outside

More information

Global Economic Indicators: China Trade

Global Economic Indicators: China Trade Global Economic Indicators: China Trade January, 17 Dr. Edward Yardeni 51-97-73 eyardeni@ Debbie Johnson --1333 djohnson@ Mali Quintana --1333 aquintana@ Please visit our sites at www. blog. thinking outside

More information

S&P 500 Industry Briefing: Life & Health Insurance

S&P 500 Industry Briefing: Life & Health Insurance S&P Industry Briefing: Life & Health Insurance February 8, 16 Dr. Ed Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-36 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

The Global Industry Classification Standard (GICS) SM

The Global Industry Classification Standard (GICS) SM July 22, 2002 Standard & Poor's Quantitative Services Maureen Maitland (212) 438 1178 maureen_maitland@standardan dpoors.com David M. Blitzer (212) 438 3907 david_blitzer@standardandpoor s.com Information

More information

Stock Market Indicators: Bull/Bear Ratios

Stock Market Indicators: Bull/Bear Ratios Stock Market Indicators: Bull/Bear Ratios December 16, 1 Dr. Edward Yardeni 16-97-7683 eyardeni@ Joe Abbott 73-97-36 jabbott@ Debbie Johnson 8-66-1333 djohnson@ Mali Quintana 8-66-1333 aquintana@ Please

More information

Map of Industry Classification Benchmark (ICB) to proposed GRI Business Activity Groups

Map of Industry Classification Benchmark (ICB) to proposed GRI Business Activity Groups Additional information about the project can be found at https://www.globalreporting.org/reporting/sector-guidance/topics-research/pages/default.aspx Map of Industry Classification Benchmark (ICB) to proposed

More information

Investment Style Guide

Investment Style Guide Investment Style Guide September 17, 16 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-36 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table Of

More information

Performance 2016: Global Stock Markets

Performance 2016: Global Stock Markets Performance 216: Global Stock Markets July 22, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

US Flow of Funds: Equities

US Flow of Funds: Equities US Flow of Funds: Equities August 8, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-663-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking

More information

US Economic Indicators: Leading & Coincident Indicators

US Economic Indicators: Leading & Coincident Indicators US Economic Indicators: Leading & Coincident Indicators September 1, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Debbie Johnson 4-664-1333 djohnson@ Please visit our sites at blog. thinking outside the

More information

US Economic Indicators: Personal Saving

US Economic Indicators: Personal Saving US Economic Indicators: Personal Saving September 28, 215 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www.

More information

Performance 2013: Global Stock Markets

Performance 2013: Global Stock Markets Performance 213: Global Stock Markets January 4, 214 Dr. Edward Yardeni 16-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

Money & Credit: Private Sector Lending by Eurozone MFIs

Money & Credit: Private Sector Lending by Eurozone MFIs Money & Credit: Private Sector Lending by Eurozone MFIs July 27, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our

More information

Performance 2015: Global Stock Markets

Performance 2015: Global Stock Markets Performance 21: Global Stock Markets November 12, 21 Dr. Edward Yardeni 16-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

US Government Finance: Debt

US Government Finance: Debt US Government Finance: Debt January, 17 Dr. Edward Yardeni 1-97-783 eyardeni@ Mali Quintana 8--1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table Of Contents

More information

US Flow of Funds: Equities

US Flow of Funds: Equities US Flow of Funds: Equities November 17, 215 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-663-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking

More information

Global Economic Briefing: Industrial Production

Global Economic Briefing: Industrial Production Global Economic Briefing: Industrial Production January 10, 2017 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 4-664-1333 djohnson@ Mali Quintana 4-664-1333 aquintana@ Please visit our sites

More information

Money & Credit: Eurozone TARGET2

Money & Credit: Eurozone TARGET2 Money & Credit: Eurozone TARGET2 July 2, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

September 2008 GLOBAL INDUSTRY CLASSIFICATION STANDARD METHODOLOGY

September 2008 GLOBAL INDUSTRY CLASSIFICATION STANDARD METHODOLOGY September 2008 GLOBAL INDUSTRY CLASSIFICATION STANDARD METHODOLOGY Table of Contents Introduction 3 Highlights 3 GICS Classification Methodology 4 About GICS 4 GICS Structure 4 GICS Compliant Indices 5

More information

Money & Credit: Eurozone TARGET2

Money & Credit: Eurozone TARGET2 Money & Credit: Eurozone TARGET2 February 5, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

Market Briefing: Stock Market Valuation Metrics & Models

Market Briefing: Stock Market Valuation Metrics & Models Market Briefing: Stock Market Valuation Metrics & Models July, 1 Dr. Edward Yardeni 1-97-73 eyardeni@ Joe Abbott 73-97-3 jabbott@ Mali Quintana --1333 aquintana@ Please visit our sites at www. blog. thinking

More information

Global Economic Indicators: Global Leading Indicators

Global Economic Indicators: Global Leading Indicators Global Economic Indicators: Global Leading Indicators September 12, 2016 Dr. Edward Yardeni 516-2-7683 eyardeni@ Debbie Johnson 480-664-1333 djohnson@ Mali Quintana 480-664-1333 aquintana@ Please visit

More information

Stock Market Briefing: NIPA vs. S&P 500 Profits

Stock Market Briefing: NIPA vs. S&P 500 Profits Stock Market Briefing: NIPA vs. S&P Profits December 22, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the box

More information

US Economic Indicators: Corporate Profits in GDP

US Economic Indicators: Corporate Profits in GDP US Economic Indicators: Corporate Profits in GDP August 9, 216 Dr. Edward Yardeni 16-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the box

More information

Stock Market Indicators: Fundamental, Sentiment, & Technical

Stock Market Indicators: Fundamental, Sentiment, & Technical Stock Market Indicators: Fundamental, Sentiment, & Technical January 12, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana

More information

Map of proposed GRI Business Activity Groups to Thomson Reuters Business Classification (TRBC)

Map of proposed GRI Business Activity Groups to Thomson Reuters Business Classification (TRBC) Additional information about the project can be found at https://www.globalreporting.org/reporting/sector-guidance/topics-research/pages/default.aspx Map of proposed GRI Business Activity Groups to Thomson

More information

Market Briefing: Emerging Markets Stocks, Bonds, & Currencies

Market Briefing: Emerging Markets Stocks, Bonds, & Currencies Market Briefing: Emerging Markets Stocks, Bonds, & Currencies September 5, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit

More information

Global Index Briefing: MSCI Forward P/Es

Global Index Briefing: MSCI Forward P/Es Global Index Briefing: MSCI Forward P/Es October, Dr. Ed Yardeni -972-73 eyardeni@ Joe Abbott 732-497- jabbott@ Mali Quintana 4-4-1333 aquintana@ Please visit our sites at www. blog. thinking outside the

More information

Global Industry Classification Standard (GICS )

Global Industry Classification Standard (GICS ) August 2006 Global Industry Classification Standard (GICS ) Table of Contents Introduction... 1 GICS Classification Methodology... 2 GICS Usage... 4 GICS Maintenance... 6 Changes to the GICS Structure...

More information

Global Economic Briefing: Global Inflation

Global Economic Briefing: Global Inflation Global Economic Briefing: Global Inflation August 7, Dr. Edward Yardeni -97-7 eyardeni@ Debbie Johnson -- djohnson@ Mali Quintana -- aquintana@ Please visit our sites at www. blog. thinking outside the

More information

Market Correlations: Brent Crude Oil

Market Correlations: Brent Crude Oil Market Correlations: Brent Crude Oil January 9, 2017 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 480-664-1333 djohnson@ Mali Quintana 480-664-1333 aquintana@ Please visit our sites at www.

More information

Global Economic Briefing: Central Bank Balance Sheets

Global Economic Briefing: Central Bank Balance Sheets Global Economic Briefing: Central Bank Balance Sheets August 11, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside

More information

Market Briefing: Commodity Prices

Market Briefing: Commodity Prices Market Briefing: Commodity Prices February 9, 2016 Dr. Edward Yardeni 516-972-7683 eyardeni@ Mali Quintana 480-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of

More information

Market Briefing: Trade-Weighted Dollar

Market Briefing: Trade-Weighted Dollar Market Briefing: Trade-Weighted Dollar August 16, 2016 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 4-664-1333 djohnson@ Mali Quintana 4-664-1333 aquintana@ Please visit our sites at blog.

More information

Country Briefing: China

Country Briefing: China Country Briefing: China August, 1 Dr. Edward Yardeni 51-97-73 eyardeni@ Debbie Johnson --1333 djohnson@ Mali Quintana --1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table

More information

GICS system sectors and industries

GICS system sectors and industries GICS system sectors and industries In studying the share markets any where around the world, it can be useful to compare companies that are somewhat similar in what they do. That is, for example, to compare

More information

Market Briefing: S&P 500 Revenues & the Economy

Market Briefing: S&P 500 Revenues & the Economy Market Briefing: S&P Revenues & the Economy December 14, 2 Dr. Edward Yardeni 16-972-7683 eyardeni@ Joe Abbott 732-497-36 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog.

More information

Market Briefing: Global Interest Rates

Market Briefing: Global Interest Rates Market Briefing: Global Interest Rates January, Dr. Edward Yardeni -97-7 eyardeni@ Debbie Johnson -- djohnson@ Please visit our sites at www. blog. thinking outside the box Table Of Contents Table Of Contents

More information

GICS. Global Industry Classification Standard

GICS. Global Industry Classification Standard GICS Global Industry Classification Standard S&P Capital IQ, a business line of McGraw Hill Financial (NYSE:MHFI), is a leading provider of multi-asset class and real time data, research and analytics

More information

GICS. Global Industry Classification Standard

GICS. Global Industry Classification Standard GICS Global Industry Classification Standard S&P Capital IQ, a business line of McGraw Hill Financial (NYSE:MHFI), is a leading provider of multi-asset class and real time data, research and analytics

More information

GICS. Global Industry Classification Standard

GICS. Global Industry Classification Standard GICS Global Industry Classification Standard 10101020 201030 55 4520 2010 40 101010 1010 3520 25201010 25 451030 35 45103010 Contents Standard & Poor's, a division of The McGraw-Hill Companies (MHP: NYSE)

More information

GICS (Global Industry Classification Standard) This structure is effective after close of business (US, EST) Wednesday - August 31, 2016

GICS (Global Industry Classification Standard) This structure is effective after close of business (US, EST) Wednesday - August 31, 2016 GICS (Global Industry Classification Standard) This structure is effective after close of business (US, EST) Wednesday - August 31, 2016 Sector Industry Group Industry Sub-Industry 10 Energy 1010 Energy

More information

Market Briefing: Currencies

Market Briefing: Currencies Market Briefing: Currencies September 16, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box Table Of Contents

More information

Industry Multiples Global Report Standard Edition

Industry Multiples Global Report Standard Edition Industry Multiples Global Report Standard Edition March 2006 The Industry Multiples Global Report (IMGR) Standard Edition is a free quarterly publication delivering valuation multiples for main industries

More information

MSCI US REIT Index Methodology

MSCI US REIT Index Methodology Index Construction and Maintenance Methodology for the MSCI US REIT Index 1. Introduction The MSCI US REIT Index is a free float market capitalization weighted index that is comprised of Equity REITs securities

More information

Five steps to valuing a business

Five steps to valuing a business 1. Collect the relevant information Five steps to valuing a business The starting point for Valuecruncher valuing a business is the latest financial statements. The business accountant should be able to

More information

Sector Industry Group Industry Sub-Industry

Sector Industry Group Industry Sub-Industry Energy Equipment & 10 Energy 1010 Energy 101010 Services 10101010 Oil & Gas Drilling Drilling contractors or owners of drilling rigs that contract their services for drilling wells 101020 10101020 Oil

More information

Sector Industry Group Industry Sub-Industry

Sector Industry Group Industry Sub-Industry Energy Equipment & 10 Energy 1010 Energy 101010 Services 10101010 Oil & Gas Drilling Drilling contractors or owners of drilling rigs that contract their services for drilling wells 10101020 Oil & Gas Equipment

More information

INDUSTRIES W/PEER GROUPS 11/30/2015 CONSUMER SECTOR

INDUSTRIES W/PEER GROUPS 11/30/2015 CONSUMER SECTOR INDUSTRIES W/PEER GROUPS 11/30/2015 AUTOMOTIVE GROUP 1. Auto Parts Original Equipment 1-4 Replacement Equipment 5-7 2. Auto & Truck Mfg. 1-4 3. Tire & Rubber 1 CONSUMER SECTOR CONSUMER GOODS GROUP 4. Cosmetics

More information

GICSSM. Global Industry Classification Standard

GICSSM. Global Industry Classification Standard GICSSM Global Industry Classification Standard Morgan Stanley Capital International (MSCI) is a leading independent provider of global indices and benchmark related products and services to investors

More information

Sector Industry Group Industry Sub-Industry. (c) Standard and Poors, MSCI Barra page 1 of 13. Energy Equipment &

Sector Industry Group Industry Sub-Industry. (c) Standard and Poors, MSCI Barra page 1 of 13. Energy Equipment & Energy Equipment & 10 Energy 1010 Energy 101010 Services 10101010 Oil & Gas Drilling Drilling contractors or owners of drilling rigs that contract their services for drilling wells 10101020 Oil & Gas Equipment

More information

Energy Briefing: Global Crude Oil Demand & Supply

Energy Briefing: Global Crude Oil Demand & Supply Energy Briefing: Global Crude Oil Demand & Supply November 6, 215 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Please visit our sites at www. blog. thinking outside the

More information

US Economic Briefing: High Frequency Indicators

US Economic Briefing: High Frequency Indicators US Economic Briefing: High Frequency Indicators February 4, 216 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites

More information

IHS Global Insight s World Industry Service

IHS Global Insight s World Industry Service IHS Global Insight s World Industry Service WIS Use of GICS (Global Industry Classification Standard) Notes: 1) Italics Designate Industries with Data Solely in Index Format; 2) Light Gray Designates Not

More information