My bookmarks

Pins are saved using cookies. Deleting them from your browser will delete your preferences.


Alger on the Money - Is this trend your friend ?

19 May 2017

This earnings season, Wall Street analysts expect S&P 500 EPS growth up 12% year-over-year in 1Q17, marking the longest period of earnings acceleration in over five years as well as the highest growth rate. The trend remains positive for several reasons.

  • The consensus forecast for this quarter’s earnings per share (EPS) growth is the highest in five years and the longest period of consecutive improvement.
  • This optimism is fueled by the large percentage of recent earnings reports that have exceeded estimates, 77%, compared to the 5-year average of 68%.
  • Continued strength after this quarter is expected based on positive-trending macroeconomic data such as the Leading Economic Index, which registered a record high for March (see p.13 in Capital Markets–Earnings Resurgence). Further, tax reform could be a catalyst for future earnings growth.


> Download Alger On the Money, A view on the U.S. Market

La Française Group provides access to the expertise of a number of asset management companies around the world. To provide you with the most relevant information, we have developed an interface to present the full range of products available for your investor profile and country of residence.

Present yourself


Your country of residence

Your language

Your profile

By continuing browsing on this website, you accept the use of cookies and other tracing devices s as to allow you to receive information suited to your profile, facilitate information sharing on social networks, guarantee the best browsing experience possible and to create statistics. To find out more, we invite you to consult our Privacy and Cookies policy. Find out more.