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SPYX - S&P 500 Earnings Update: P/E 17x Earnings Yield 5.85% And Forward Estimates Rise Again
May, 16 2022 04:04 PM
SPDR S&P 500 Fossil Fuel Reserves Free
The true dichotomy in 2022’s stock market is that S&P 500 forward estimates continue to be revised higher while the S&P 500 sinks lower. The forward 4-quarter estimate rose this past week to $235.25 vs last week’s $234.44 and the 12/31/21 estimate of $216.14. The S&P 500 is trading at 17x forward EPS for an S&P 500 that is expected to grow EPS in 2022 between 9%-10% as it stands currently. For further details see:
S&P 500 Earnings Update: P/E 17x, Earnings Yield 5.85% And Forward Estimates Rise Again
Stock Information
Company Name:
SPDR S&P 500 Fossil Fuel Reserves Free
Stock Symbol:
SPYX
Market:
NYSE
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