It is not a surprise to readers of The Seven Signs of a Changing Economy™ to hear the earnings of Corporate America are coming in better, higher, and stronger than expected.
Hmmm, who would have seen that coming?! Ha!
We are soon to be halfway through 2024. It is about here on the calendar that our industry starts to peek around the corner to predict 2025 earnings.
Observe below that as we started 2024, the full year’s earnings were estimated to be $239.93 per share. Since then, those estimates have gone up every month and now rest at an estimated $251.20. And for the first time in the history of Earth, 2026 earnings per share for Corporate America start with a 3 handle. Check it out:
2020 $138
2021 $208
2022 $219
2023 $239
2024 Estimate $251.20
2025 Estimate $279.67
2026 Estimate $312
Very simply put, all the bologna news headlines that have been dealt to us have had approximately ZERO impact on Corporate America. I am grateful, as this has made a very big difference in the net worth of our WSG Family. Well played, family!
I’m interested in your thoughts, comments, and observations. Feel welcome to call, email, or stop by the office and say Hi.
Respectfully,
James O. Lunney, CFP®
CERTIFIED FINANCIAL PLANNER™ Professional
Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested in directly. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful. Stock investing includes risks, including fluctuating prices and loss of principal.
Asset allocation does not ensure a profit or protect against a loss. Value investments can perform differently from the market as a whole. They can remain undervalued by the market for long periods of time.