Research.LeutholdGroup

Earnings Almanac is a new research product where we dive into quarterly reporting for the S&P 500. The report is released the first week of the last two months of the calendar quarter.

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If earnings’ nearly vertical ascent continues for another six months, 12-month trailing EPS will intersect the 6.9% long-term-growth trend line connecting the five major EPS peaks between 1974 and 2007. The “New Normal” has given way to the “Good Ol’ Days!”

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