Wednesday, February 14, 2018

Stat of the Day: U.S. Companies Doing Pretty Okay On The Global Stage!!

If you happen to be of the mind that somehow U.S. companies are getting a raw deal on the global stage, well, we're looking at the best bottom and top-line growth we've seen in many years and, ironically, the companies whose earnings and revenues come mostly via foreign customers are the cheif difference makers. I.e., they're seeing markedly better results than those whose earnings come primarily from within (although the latter's ain't nothin to sneeze at either!). Of course the weak U.S. dollar certainly hasn't hurt:

The (blended) earnings growth rate for the S&P 500 for Q4 2017 is 14.0%. For companies that generate more than 50% of sales inside the U.S., the earnings growth rate is 12.0%. For companies that generate less than 50% of sales inside the U.S., the earnings growth rate is 17.4%. 
The (blended) sales growth rate for the S&P 500 for Q4 2017 is 8.0%. For companies that generate more than 50% of sales inside the U.S., the sales growth rate is 7.0%. For companies that generate less than 50% of sales inside the U.S., the sales growth rate is 10.5%.
Source: Factset

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