The constant focus on S&P 500 earnings often overlooks the importance of S&P 500 revenue.
The same quality analysis of S&P 500 earnings by IBES data by Refinitiv doesn't always extend to S&P 500 revenue. Readers of Refinitiv data reports don't get the forward look on S&P 500 revenue that those who scrutinize earnings data.
Here is a quick tracking of the expected Q1 and Q2 '20 S&P 500 revenue growth rates since the coronavirus issue started in mid-February 2020:
- 5/29/20: -1.4% and -12.3%
- 5/22/20: -1.4% and -12.3%
- 5/15/20: -1.7% and -12.2%
- 5/8/20: +0.3% and