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S&P 500 Price, EPS Estimates For The Third Quarter Decline

The S&P 500 price and earnings per share (EPS) estimate for the third quarter declined, according the report released by FactSet, a financial research and investment analytics applications provider.

FactSet noted that third-quarter bottom-up EPS estimate for all the companies listed in the S&P 500 fell by 3.5% to $29.01 from $30.07. The value of the index also dropped 6.9% to 1,920.03 from 2063.11 during the period.

S&P 500 Change in EPS vs Change in Price Q3

S&P 500 experienced second consecutive quarter of decline

The third quarter marked the second consecutive quarter of decline for the S&P 500’s value and bottom-up EPS estimate. The financial research and investment analytics provider noted that the last time the index experienced a decline in both value and the bottom-up EPS estimate for two straight...


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