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 ?
The stock is trading at a forward earnings multiple of just 6.4, suggesting downside is likely limited from a valuation perspective.
The analyst notes that the management offered greater detail about its plans to address the "exaggerated" revenue miss, adding that he continues to view the company as a "structural 5%-10% organic revenue grower." Once NetApp returns to mid-single-digit revenue growth, Baruah contends that the stock should trade at a forward earnings multiple between 13- and 15-times vs.
On the positive side, earnings surprises and multi-year low valuations at 5.5 times the forward earnings could trigger a rally.
That would slightly reduce its valuation, which is already fairly low at 19 times forward earnings. TJX's closest rival, Ross Stores ((https://www.fool.com/quote/nasdaq/ross-stores/rost) NASDAQ:ROST ), trades at 20 times forward earnings.
"EGX 30 index is currently trading at 9.9x forward earnings, a 15 percentdiscount to its 5-year historical average P/E and a 13 percentdiscount to MSCI EM, bowing to a sell-off wave that took its toll on the market in the last months.
India is the most expensive major emerging market in the world at 20 times forward earnings, an unjustifiable metric at this time.
In spite of these developments, forward earnings have not seen a marked uptick within the emerging markets technology sector, trading at 14 times forward earnings currently compared to 13.5 times in 2016.
PAEL carried on with the news of debarment by World Bank to participate in tendering for the next 33 months that is likely to affect its forward earnings. Interest in trades was seen at floor price, however, the trades failed to materialize due to non-interest.
In 1972, a high-market-capitalization company like Kodak traded at 37 times its forward earnings and Xerox traded at 39 times.
The quarterly dividend continues to affirm management's favorable outlook on forward earnings and capital adequacy after consideration of its upcoming merger with Middleburg Financial Corporation ("Middleburg").
Emerging markets equities are cheap at 11 times forward earnings, a signi cant discount to Wall Street, Europe and Ja- pan.
At 12.5 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.
Full browser ?