EPS Average Growth (4Q)

Returns the average earnings per share growth over the last four quarters. This provides a short-term view of earnings momentum.

Supported Symbol Formats

Type Format Example
US Stocks SYMBOL AAPL, MSFT

Calculation

Averages the quarter-over-quarter EPS growth rates for the most recent four quarters.

Interpretation

Growth Level Interpretation
> 15% Strong quarterly momentum
5-15% Solid growth
0-5% Moderate growth
< 0% Declining earnings

Notes

  • Returns value as a decimal (0.12 = 12%)
  • More responsive to recent trends than annual CAGR
  • Good for identifying earnings acceleration/deceleration

Examples

Microsoft 4Q avg EPS growth
Apple 4Q avg EPS growth
NVIDIA 4Q avg EPS growth
Symbol from cell reference
Convert to percentage

When to Use

  • Identify recent earnings momentum
  • Short-term growth screening
  • Earnings acceleration analysis
  • Quarter-over-quarter trend evaluation

When NOT to Use

Scenario Use Instead
Long-term annual CAGR EpsFiveYearCAGR()
4-year CAGR EpsFourYearCAGR()
YoY quarterly growth QuarterlyEarningsGrowthYOY()
One-year growth EPSOneYearGrowth()

Common Issues & FAQ

Q: Why is the value less than 1? A: Growth is returned as a decimal. Multiply by 100 to get percentage (e.g., 0.12 = 12%).

Q: Why does this differ from annual CAGR? A: This averages recent quarters, while CAGR compounds over multiple years. Recent quarters may show different trends than long-term averages.

Q: Is this affected by seasonality? A: Yes, some businesses have seasonal patterns. Compare to same quarters of prior year using QuarterlyEarningsGrowthYOY for better comparison.

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MarketXLS Excel Add-in Tutorial - How to Use EPS Average Growth (4Q) and Other Financial Formulas
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