Retrieve 60-Day-Ago EPS Consensus Estimates for Quarter 1

This function, “EarningsEstimates_consensusEpsEstimatesTrends_days60Ago_qr1_monthYear,” provides quick and easy access to an equity’s consensus EPS estimate as recorded 60 days ago for the upcoming Quarter 1 (Q1). By pulling historical consensus figures, investors and analysts can track estimation trends over time—an essential insight for gauging market sentiment and forecasting earnings performance. The function is a simple yet powerful way to view how consensus EPS estimates for Q1 have evolved when comparing current market expectations with those from two months prior.

Why Use This Function?

• Evaluate changes in consensus EPS estimates over time to gauge market confidence.
• Analyze variance between past and current expectations for strategic decision-making.
• Confirm investment or trading strategies by understanding if consensus estimates have tightened or widened in the last 60 days.
• Gain historical perspectives to better model future earnings or price movements.
• Identify patterns in analyst forecasts for seasonal or event-driven changes.

How to Use in Excel

=EarningsEstimates_consensusEpsEstimatesTrends_days60Ago_qr1_monthYear("Symbol")

1. Open Excel and ensure the MarketXLS add-in is installed and licensed.
2. In any cell, type the above function syntax.
3. Replace "Symbol" with a valid ticker (e.g., "AAPL") to retrieve that stock’s 60-days-ago Q1 EPS consensus estimate.
4. Press Enter, and the cell will populate with the retrieved value or “NA” if data is unavailable or the symbol is invalid.

Once entered, the function automatically fetches the relevant data from MarketXLS’s backend. If the symbol is not checked or the license is invalid, the function will return "NA" or an appropriate message.

Parameters Explained

Example Usage

Basic Examples

1. =EarningsEstimates_consensusEpsEstimatesTrends_days60Ago_qr1_monthYear("AAPL")
   • Retrieves the Q1 consensus EPS estimate for Apple (AAPL) from 60 days ago.
   • If the data is successfully found, the function may return a month-year figure or an EPS estimate for that time frame.
   • If the data is unavailable, “NA” will appear.

2. =EarningsEstimates_consensusEpsEstimatesTrends_days60Ago_qr1_monthYear("XYZ")
   • Demonstrates how an unrecognized ticker (or one without data) will yield “NA”.
   • Improperly spelled tickers or delisted symbols also fall under this scenario.

Advanced Scenarios

• Combining with Other MarketXLS Functions

• Use this 60-day-ago Q1 EPS consensus in tandem with current EPS projections (using a different MarketXLS function) to quickly measure how analyst confidence has shifted.

• Historical Trend Analysis

• Build a small table in Excel listing multiple past dates (using different MarketXLS historical EPS functions) side by side. Compare them to the “60 Days Ago” estimates from this function to develop a trend line of analysts’ changing outlook.

• Trading Strategy Example

• For event-driven traders, incorporate the 60-day-ago EPS consensus into your strategy to identify whether analysts have turned more bullish or bearish heading into earnings season, and adjust your short-term trades accordingly.

Common Questions and Troubleshooting

• Why do I get “NA”?
  • “NA” appears if the symbol is invalid, if data is unavailable, if your license is invalid, or if the function encounters an error.
• Can this function return values other than “NA”?
  • Yes. When data is available and the symbol is valid, the function returns a string or numeric value representing 60-day-old Q1 EPS estimates for the given ticker.
• What if data for that specific quarter isn’t tracked?
  • In such instances, the result defaults to “NA” because the backend service does not have the requested information.
• Can I refresh the data more frequently?
  • The data may be cached on the backend to optimize performance. If you need to force a refresh, you can clear cache keys through MarketXLS (if advanced settings allow) or wait until the natural cache refresh window.

By leveraging historical analyst estimates, you gain perspective on how the market’s expectations are shifting—key intelligence for refining investment theses or trading strategies. Use this function alongside other MarketXLS tools in Excel to make well-informed and data-driven decisions in the ever-evolving US stock market.