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FTA - S&P 500 Earnings Update: Financial Sector Starts Reporting Next Week
July, 13 2019 06:10 AM
First Trust Large Cap Value AlphaDEX Fund
About 10% of the S&P 500 will report next week, and 24 of those 52 scheduled reports will be Financial companies.
Here is the S&P 500 Earnings data by the numbers: (Source: IBES by Refinitiv)
Fwd 4-qtr est: $174.68 vs. $174.87 from last week PE ratio: 17.25x PEG ratio: 2.45x S&P 500 earnings yield : +5.80% vs. +5.85% from last week Year-over-year growth of fwd estimate: +3.8% vs. last week's 3.95%. Taking a look at the expected sector growth rates for Q2 and Q3 '19 S&P sectors, the Financial sector continues to show the best
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Stock Information
Company Name:
First Trust Large Cap Value AlphaDEX Fund
Stock Symbol:
FTA
Market:
NASDAQ
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