Earnings Estimates are still pointing up for 2012 despite fears of slowdown. . .

The updated estimates for the S&P 500, displayed in the following chart, are still indicating growth of 18% for 2012 – not bad –eh?  The estimates for Q2 have been dropped by 2.6% from late March.  The estimates for the full year 2012 have been dropped by 1.1%.  While the estimates for 2012 have dropped a little, the forward 12 month P/E ratio has dropped by a lot.  The FTM P/E has dropped 6.6% since March 31 to 12.28X.  The market has plenty of room to appreciate.   Jeb Terry, Sr. June 30, 2012

Aberdeen Investment Management – a guide service for micro-cap technology investment

Leave a Reply

Your email address will not be published. Required fields are marked *