"Fed Model" & stats...
#reply-17451364
drsohn.com
cnn.com
"Economic and Investment Outlook -- June 2002"
standardandpoors.com <---
spglobal.com <---
...http://www.bloomberg.com/markets/iyc.html <---
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>>> S&P 500 earnings and estimates as of June 28, 2002:
The S&P 500 closed at 989.81
Top Down:
Year 2004 top down operating estimate was $57.32, P/E 17.3
Year 2003 top down operating estimate was $52.53, P/E 18.8
Year 2002 top down operating estimate was $45.01, P/E 22.0
Year 2004 top down 'as reported' estimate was $55.20, P/E 17.9
Year 2003 top down 'as reported' estimate was $46.80, P/E 21.1
Year 2002 top down 'as reported' estimate was $35.47, P/E 27.9
The 12 month March, 2003 'top down' 'as reported' estimate was $38.03, P/E 26.0
Bottom Up:
Year 2003 operating earnings estimate was $60.66, P/E 16.3
Year 2002 operating earnings estimate was $50.93, P/E 19.4
The 12 month March, 2003 operating estimate was $53.73, P/E 18.4
The 12 month March, 2002 operating earnings was $38.87, P/E 25.5 <<<
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7/3/02: the S&P 500 closed at 953.99
Fair Value = ?????????
Overvalued / Undervalued ????????? |
