As FTSE Russell congratulates France on its World Cup victory Sunday (and Croatia for its uplifting run to the final), we encourage investors to take a global perspective when evaluating investment opportunities. FTSE Russell recently analyzed consensus earnings growth forecasts across both US and international FTSE Russell indexes to see where the US currently sits along the spectrum of earnings growth expectations.
Alec Young – managing director, global markets research, FTSE Russell
“Our analysis of 2018 and 2019 consensus earnings growth forecasts across major regions revealed the greatest analyst optimism for the US profit outlook, most notably for small caps. Specifically, the Russell 2000 Index constituents’ earnings are forecast to rise 43% and 27% in 2018 and 2019, respectively, compared to 23% and 10% consensus earnings growth forecasts for the large cap Russell 1000 Index constituents. By contrast, consensus earnings growth expectations are more modest internationally, with the FTSE World ex US Index constituents forecast to post 2018 and 2019 EPS growth of 8.7% and 7.8%, respectively. Among major overseas markets, the UK leads with 2018 consensus EPS forecasts of 10.6% while Japan trails with only 4.3%.”
For more information and insight on the global equity markets from FTSE Russell, go to the FTSE Russell website.
© 2018 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE GDCM”), (4) MTSNext Limited (“MTSNext”), (5) Mergent, Inc. (“Mergent”), (6) FTSE Fixed Income LLC (“FTSE FI”) and (7) The Yield Book Inc (“YB”). All rights reserved.
FTSE Russell® is a trading name of FTSE, Russell, FTSE GDCM, MTS Next Limited, Mergent, FTSE FI and YB. “FTSE®”, “Russell®”, “FTSE Russell®”, “MTS®”, “FTSE4Good®”, “ICB®”, “Mergent®”, “WorldBIG®”, “USBIG®”, “EuroBIG®”, “AusBIG®”, “The Yield Book®”, and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE GDCM, Mergent, FTSE FI or YB. FTSE International Limited is authorised and regulated by the Financial Conduct Authority as a benchmark administrator.
All information is provided for information purposes only. All information and data contained in this publication is obtained by the LSE Group, from sources believed by it to be accurate and reliable. Because of the possibility of human and mechanical error as well as other factors, however, such information and data is provided "as is" without warranty of any kind. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the accuracy, timeliness, completeness, merchantability of any information or of results to be obtained from the use of the FTSE Russell Indexesor the fitness or suitability of the FTSE Russell Indexes for any particular purpose to which they might be put. Any representation of historical data accessible through FTSE Russell Indexes is provided for information purposes only and is not a reliable indicator of future performance.
Views expressed by Alec Young of FTSE Russell are as of July 16 and subject to change. These views do not necessarily reflect the opinion of FTSE Russell or the LSE Group.
No responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analysing, editing, transcribing, transmitting, communicating or delivering any such information or data or from use of this document or links to this document or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if any member of the LSE Group is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, such information.
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing contained in this document or accessible through FTSE Russell Indexes, including statistical data and industry reports, should be taken as constituting financial or investment advice or a financial promotion.
No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group data requires a licence from FTSE, Russell, FTSE GDCM, MTSNext, Mergent, FTSE FI, YB and/or their respective licensors.
Thomson Reuters content is the intellectual property of Thomson Reuters. Any copying, republication or redistribution of Thomson Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in content, or for any actions taken in reliance on any content.