EpsFourQuarterAverageGrowth Function for Fundamental Analysis

The EpsFourQuarterAverageGrowth function in MarketXLS retrieves the average earnings-per-share (EPS) growth for the most recent four quarters of a specified stock symbol. By leveraging live fundamental data, this function helps you quickly analyze a company’s short-term earnings growth trends directly from your Excel worksheets.

Why Use This Function?

• Easily Track Performance Over Four Quarters: See how EPS has changed on average over the past four quarters.
• Quick Analysis for Fundamental Investors: Determine if short-term trends in earnings are accelerating or decelerating.
• Simple & Effective for Screening: Incorporate average EPS growth into screening criteria or combine it with other MarketXLS functions for more refined analysis.
• Real-Time Insights: Fetches data from MarketXLS’s backend, providing up-to-date trends when the symbol and license are valid.
• Minimal Setup: Requires only one parameter (ticker symbol) and returns a single numeric value to represent average growth.

How to Use in Excel

=EpsFourQuarterAverageGrowth("MSFT")

• Type directly into a cell.
• Replace "MSFT" with any valid stock ticker symbol (for example, "AAPL" or a cell reference containing a ticker).
• Ensure your MarketXLS license is active and the symbol is valid.

Parameters Explained

• Symbol: A single string. If invalid, the function returns "NA".
• License Validity: If the MarketXLS license is not valid, the function returns a license status message.

Example Usage

Basic Examples

1. Direct Ticker Entry
   =EpsFourQuarterAverageGrowth("MSFT")
   ? Returns the average EPS growth for Microsoft over the last four quarters.

2. Cell Reference
   Suppose cell A2 contains the ticker symbol TSLA:
   =EpsFourQuarterAverageGrowth($A$2)
   ? Dynamically fetches Tesla’s latest four-quarter EPS average growth.

3. Invalid or Inactive Ticker
   =EpsFourQuarterAverageGrowth("XYZ123")
   ? Returns "NA" or a license error message if the symbol is invalid or the license is inactive.

Advanced Scenarios

1. Combine with Other MarketXLS Metrics
   For sophisticated screens, combine EpsFourQuarterAverageGrowth with other fundamental attributes (like revenue or EBITDA) to filter and rank stocks.

2. Linking Multiple Worksheets
   Use EpsFourQuarterAverageGrowth in a master sheet referencing various ticker symbols listed in a separate data table. This setup is perfect for portfolio-level fundamental tracking.

3. Trading/Investment Strategies
   Incorporate EpsFourQuarterAverageGrowth into your momentum or growth strategies by identifying companies whose short-term earnings trend is improving. Combine it with Excel-based visuals (charts or conditional formatting) to spot changes at a glance.

Common Questions and Troubleshooting

• Why do I get "NA"?

• Symbol may be invalid or unrecognized.
• License may be invalid or expired.
• No EPS growth data available for the specified symbol.

• Why do I get "Refreshing"?

• MarketXLS is currently updating data in the background. Wait and re-check after the data load completes.

• Can the function produce negative values?

• Yes. If average EPS growth is negative over four quarters, you might see a negative number.

• Is cumulative growth different from average growth?

• This function specifically returns the average growth rate for the past four quarters. If you need cumulative changes or annualized figures, consider other MarketXLS fundamental functions.

By leveraging the EpsFourQuarterAverageGrowth function, you can make quick yet powerful short-term earnings assessments in Excel. Combine it with your own calculations or additional MarketXLS functionalities for deeper insight into your chosen equities.