EPS Estimate Revisions (30 Days): formula and how to read it

Whether analysts have been raising or cutting profit forecasts over the past month. Change in the consensus EPS forecast for the next fiscal year compared with the same forecast as stored about 30 days earlier, as the change divided by the size of the earlier figure. Only forecasts for the same fiscal year are compared, so the switch to a new forecast year after a company reports is never mistaken for a revision. Rising forecasts have been one of the better-documented short-term signals, but the figure is noisy for companies followed by only one or two analysts.

Stock Meadow groups it under Growth, and shows it in tables as EPS rev. 30d.

30-day revision = (consensus next-fiscal-year EPS today − the same consensus about 30 days ago) ÷ |the same consensus about 30 days ago|

If analysts' consensus for next year's EPS was $2.00 a month ago and is $2.10 now, the 30-day revision is +5%. The numbers are made up for illustration.

A positive figure means analysts have been raising their profit forecasts over the last month, a negative one that they have been cutting them. It is a momentum signal about expectations, not about the share price, and is most meaningful for companies followed by several analysts.

When Stock Meadow ranks stocks, a higher figure scores better.

• The data provider keeps no forecast history, so Stock Meadow stores its own daily snapshot of every consensus. The figure is blank until a snapshot at least 30 days old exists.
• Only forecasts for the same fiscal year are compared. When a company reports and "next year" moves on, the figure goes blank for a month rather than showing the jump between two different years as a revision.
• With only one or two analysts, a single change moves the consensus a lot.
• A small forecast base exaggerates the percentage. The figure is capped at ±1000%.

How Stock Meadow handles gaps. Usually blank when there is no analyst forecast, fewer than 30 days of daily forecast snapshots have been stored yet (Stock Meadow keeps its own, because the data provider has no forecast history), or the company's next forecast year changed in between. Extreme values are capped at 1000%+.

Treat any single metric as one clue, and read the company's financial statements before drawing a conclusion. Stock Meadow's figures are research tools based on reported data, not investment advice.

In Weighted ranking, Z-score composite and Balanced (no weak link), you choose the metrics and weights yourself, so you can include it in a custom score.

No fixed-recipe model scores it.

Read about every scoring model on the scoring models page.

• EPS Estimate Revisions (90 Days): whether analysts have been raising or cutting profit forecasts over the past three months.
• Forward EPS Growth: how much analysts expect profit per share to grow in the next fiscal year.
• Number of Analysts: how many analysts forecast the company's earnings.
• Analyst Price Target Upside: how far above (or below) today's price the analysts' average target is.

What are EPS estimate revisions?

They are changes in the consensus analyst forecast of a company's earnings per share. Rising forecasts are called upward revisions and falling ones downward revisions.

Why is the revision blank?

Either no analyst covers the company, or Stock Meadow has not yet stored a forecast snapshot at least 30 days old, or the company's next forecast year changed in between.

Is a higher or lower EPS rev. 30d better?

When Stock Meadow ranks stocks, a higher figure scores better. That is a ranking convention, so read EPS rev. 30d alongside other measures and compare similar companies.

Why is EPS rev. 30d blank for some stocks?

It is usually blank when there is no analyst forecast, fewer than 30 days of daily forecast snapshots have been stored yet (Stock Meadow keeps its own, because the data provider has no forecast history), or the company's next forecast year changed in between. Stock Meadow leaves the figure blank rather than guessing it.