Gavekal Capital: EPS Growth Estimates Absolutely Plunging in North America & Europe, Stable in Asia, EM

Tuesday, January 27, 2015

EPS Growth Estimates Absolutely Plunging in North America & Europe, Stable in Asia, EM

Without delving into the multitude of reasons for the drop, we just point out that EPS estimates for next twelve months are falling like a stone in North America and Europe and for these two regions the bottom line estimates point to the lowest growth rate since late 2009. It doesn't matter whether we look at average EPS growth estimates or median, as the fall in both series is becoming concerning.

Thankfully, the estimated EPS growth rate for developed Asia and EMs has remained stable.

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