How can we improve VectorVest 7?

Add actual earnings per share as well as current projected earnings per share

268 votes
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Dan Chiswick shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →


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  • Graham Jones commented  ·   ·  Flag as inappropriate

    Sales Growth is an actual figure although I am not sure how long it takes to show up after earnings reports. I also thought that sales per share is an actual figure, but now I must call VectorVest to confirm that. In any case, if sales growth is low, I would take any projected earnings figures as suspect.

  • Greg Veres commented  ·   ·  Flag as inappropriate

    Just to be clear, I think this is asking for two values that could be plotted and used in calculations: estimated EPS (which I think is what we have today as EPS) and historical actual EPS. if that is what is being asked for, then I vote for it too.

  • Rockwell Tenney commented  ·   ·  Flag as inappropriate

    Real weakness here, an EPS projection can come down out of the blue it seems to me, weeks after the actual earnings release. Haven't been able to get the slightest explanation or response from VectorVest as to why it seems to take so long to make the projection after an earnings release. Perhaps it's a lag in the time it takes VectorVest to get info from their data providers. Beats me, but from where I sit, my perspective, it ain't a pretty sight.

  • Tom Mitchell commented  ·   ·  Flag as inappropriate

    Surprised to see such limited support for this. No matter how intelligent or informed the estimate /forecast it is still an estimate and, by the way, has no business being plotted on a graph aligned with actual numbers as that just adds to the confusion. I have encountered a number of subscribers who were using EPS under the mistaken impression that it was actual EPS. Estimates are valuable and should remain but there is also great value in being able to compare actual performance to estimated performance.

  • Victor Grambsch commented  ·   ·  Flag as inappropriate

    Agree this is a good idea - in addition, I would like a hyperlink to (a) brfore earning, the expected earnings and (b) after earnings, the conference call transcripts.

    Make sure to show where before, during or after US markeyt hours.

    Also, put earnings indicators for the past 5 or 6 cycles on the historical part of the chart -- how a stock usually reacts to earnings news is an important bit of data, especially for options plays.

    I note that TDAmeritrade Think-or-Swim (TOS) does a very good job in this area -- your would do well to pattern your implementation after TOSS.

  • Peter Henery commented  ·   ·  Flag as inappropriate

    Totally agree with this suggestion. Some of the EPS forecasts get way off. Check ALU.AX ... somehow EPS just fell from 16 to 2 !! That's an 87% reduction ?? FNP.AX fell from 12 to 7 ...a 40% reduction. I now check with Morningstar before making a decision which is very laborious.

  • Barry Anderson commented  ·   ·  Flag as inappropriate

    Real EPS and Sales numbers are needed . The facts never hurt. The current values should be label Est EPS and Est Sales since they are not actual values.

  • Larry Newman commented  ·   ·  Flag as inappropriate

    This would show what the earnings trend is and help to indicate what the future earnings might be.

  • Simon Roberts commented  ·   ·  Flag as inappropriate

    Yes, this would be useful.

    It would be useful to also have actuals for dividend, and dividend yield, which are best done on a trailing twelve month basis.

    According to David Dreman, in "Contrarian investment strategies", up to 47% of analysts estimates are wrong by more than 10%, in any one quarter, and produce what he calls an earnings surprise. Only 1 in 21 of all analysts estimates are within 10% of actual earnings over 4 quarters, (researched over period 1973 to 1996).

  • Tom Rickenbacker commented  ·   ·  Flag as inappropriate

    Having only estimated earnings not just for the future but also for the past is absurd. Dan's suggestion is a strong one.

  • Dan Chiswick commented  ·   ·  Flag as inappropriate

    We now can only see estimated EPS, and EY.? Seeing the actual results and being able to compare to projected results would be helpful and allow us to create new searches based on the difference between actual and projected.

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