Forward Earnings

Forward Earnings

An estimation of a company's future earnings, usually for the coming quarter or year. Forward earnings are essentially what an analyst or a company thinks its profits will be, rather than what they actually are. Forward earnings are often used in conjunction with trailing earnings in making investment decisions. Trailing earnings are known, but are less relevant because they are in the past. On the other hand, forward earnings are relevant, but it is unknown how accurate their estimation will prove to be. See also: Expected return.
References in periodicals archive ?
5 times forward earnings, UAE equities now trade at a discount to Qatar and Saudi Arabia, let alone more expensive emerging markets like India, or South Africa, which trade well above 16 times earnings.
After all, MSCI India was trading at 18 times forward earnings in late April.
Given its strong earnings momentum, and with shares trading around 14x forward earnings, Michaels offers investors attractive upside potential.
H&M shares trade at 23 times forward earnings against 25.
Despite the sharp rise in the Sensex in the past few months, valuations seem compelling to fund managers, with 58% expecting the index's price-to-earnings ratio, an indicator used for valuing stocks, to hover between 14 and 16 times forward earnings over the next one year.
as mid and small sized companies where their forward earnings growth
Shares of Facebook Inc and LinkedIn Corp have more than doubled in the last one year, and trade 44 and 97 times forward earnings, according to Thomson Reuters data.
The strength and sustainability of the recovery remains to be seen, but, importantly, at 12 times forward earnings, the market is not pricing in particularly high rates of earnings growth.
1 times 12-month forward earnings, a discount to global market leaders Munich Re and Swiss Re, which trade at multiples of 8.
Since early 2010, 12-month forward earnings per share in the MSCI US equity index have risen 150% to 95, while EPS in the MSCI EMU + UK index have barely moved at around 10.
Apache's stock is trading at about 16 times 12-month forward earnings.
8 times forward earnings this summer, a 20% premium to the Morgan Stanley emerging markets index.
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