Retrieve Q2 Consensus EPS Estimates with Ease

The =EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear(Symbol) function in MarketXLS provides you quick access to the current second-quarter (Q2) consensus EPS (Earnings Per Share) estimate for any valid US stock symbol. By bringing this key metric directly into your Excel spreadsheet, you can more effectively evaluate a company’s expected performance, track analyst sentiment, and simplify your decision-making process — all from within a single familiar platform.

Why Use This Function?

• Quickly Compare Earnings Expectations: Benchmark multiple company symbols in Excel side by side.
• Streamline Earnings Analysis: Pull the second-quarter (Q2) consensus EPS estimate to gauge how a company might perform in upcoming earnings.
• Ensure Data Consistency: Rely on MarketXLS to handle refreshing data and caching results for smooth performance.
• Integrate with Excel Workflows: Combine results with other Excel formulas and MarketXLS functionalities for deeper financial analysis, charting, or alerting.
• Track Market Sentiment: See if consensus estimates are improving or weakening over time.
• Reduce Manual Data Entry: Save time by fetching the latest estimates directly from an API without switching platforms.

How to Use in Excel

=EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear("AAPL")

1. In Excel, select the cell where you want the Q2 EPS estimate to appear.
2. Type the function name followed by the stock Symbol in quotes. For example, “AAPL” for Apple Inc.
3. Press Enter, and MarketXLS will retrieve and display the current Q2 consensus EPS estimate.
4. To apply this to multiple symbols, simply replace “AAPL” with any valid US stock ticker or reference a cell containing that ticker.

Parameters Explained

• The function expects one parameter, Symbol, which must be a valid stock ticker.
• If the symbol is not found in the MarketXLS database or the data is temporarily unavailable, "NA" will be returned.
• This function specifically targets trends for “currentEst_qr2_monthYear,” focusing on the second-quarter EPS estimate.

Example Usage

Basic Examples

1. =EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear("AAPL")
   • Retrieves the current second-quarter EPS estimate for Apple and displays it in the cell.
   • If Apple’s consensus estimate is accessible, the cell will show a numeric value (e.g., “1.20”). Otherwise, it shows “NA.”

2. =EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear("MSFT")
   • Fetches the Q2 EPS estimate for Microsoft.
   • Perfect for quick comparisions alongside Apple.

3. =EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear(A2)
   • If cell A2 contains a valid ticker like “TSLA,” the function will return Tesla’s Q2 EPS estimate.
   • Helpful when you have a list of tickers in a column and want to pull each estimate in adjacent cells.

Advanced Scenarios

• Financial Modeling: Combine the returned Q2 consensus EPS data with other MarketXLS metrics, such as price ratios or technical indicators, to create a comprehensive model that tracks earnings trends.
• Portfolio Strategy: Set up your worksheet to automatically refresh multiple Q2 EPS estimates for various stocks in your watchlist, and color-code or highlight outliers for a quick view of potential surprises.
• Comparisons Over Time: Although this function specifically focuses on current second-quarter estimates, you could use other MarketXLS EPS estimate functions to compare Q1, Q3, or annual data across the same sheet.
• Potential Trading Signals: Incorporate the EPS estimates into alerts that trigger if certain thresholds are met or missed, helping you stay on top of earnings trends.

Common Questions and Troubleshooting

1. Why am I seeing “NA” returned?
   • The symbol might be invalid (spelling error or not supported).
   • Your MarketXLS license may not be active or valid.
   • Data for that symbol may not be available from the provider yet.
   • Temporary connection issues could prevent retrieving fresh data.

2. I sometimes see “Refreshing.” What does that mean?
   • MarketXLS may be updating or refreshing data in the background. Once the data is available, the cell should automatically update with the correct value.

3. How frequently does the function update its data?
   • While MarketXLS manages updates automatically, analyst consensus estimates may not change daily. Check MarketXLS documentation to see how frequently data is refreshed for EPS.

4. Can I use references instead of hardcoding the symbol in quotes?
   • Yes. Simply reference a cell that contains a valid ticker (e.g., A1), like this: =EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear(A1).

By leveraging =EarningsEstimates_consensusEpsEstimatesTrends_currentEst_qr2_monthYear(Symbol) in your Excel sheets, you’ll always be one step ahead in monitoring critical Q2 earnings forecasts. Combine this function with other MarketXLS data points to create an analytical edge, streamline your trading research, and stay informed about earnings trends that affect your portfolio.