# EPS Estimate Current Quarter Formula in Excel

## Understanding EPS Estimate Current Quarter
The **EPS Estimate Current Quarter** formula in Excel (with MarketXLS) retrieves the analysts' consensus *earnings per share (EPS)* estimate for a company's current financial quarter. This real-time data helps investors and analysts make informed decisions by providing insights into market expectations for a company’s quarterly performance.

- **Purpose**: Quickly fetch the consensus EPS forecast for the ongoing quarter.
- **Key Benefits**:  
  - Access reliable estimate data directly in Excel.  
  - Combine with other calculations or analytics for deeper insights.  
  - Simplify your research process with automated data retrieval.
- **When to Use**:  
  - Evaluating a company’s expected quarterly earnings.  
  - Compare actual earnings to estimated earnings post-announcement for performance insights.

## Syntax and Parameters
Use the `EPSEstimateCurrentQuarter` function to pull the current quarter EPS estimate:

```excel
=EPSEstimateCurrentQuarter(Symbol)

• Return Value: The function returns the consensus EPS estimate as a numeric or text value for the requested symbol. If data is unavailable or the symbol is invalid, the function returns "NA".
• Error Handling:
  • Returns "NA" if the license is invalid or an error occurs during data retrieval.
  • Check your MarketXLS license status if errors persist.
• Special Cases & Limitations:
  • Ensure internet connectivity is stable for real-time data retrieval.
  • The function currently supports one Symbol at a time.
  • Some OTC or less-followed symbols may have limited estimates.

Examples and Usage

Below are practical ways to use the EPS Estimate Current Quarter formula:

Basic Example

Fetch the EPS estimate for Microsoft:

=EPSEstimateCurrentQuarter("MSFT")

Result: Returns the consensus EPS estimate for Microsoft’s current quarter.

Using Different Ticker Types

• Index:

  =EPSEstimateCurrentQuarter("^SPX")

  Returns the EPS estimate data if available for the specified index.

• Options:

  =EPSEstimateCurrentQuarter("@MSFT 110122C00020000")

  Retrieves the current quarter EPS estimate for the underlying symbol of the given option, if supported.

• Cryptocurrencies:

  =EPSEstimateCurrentQuarter("BTCUSD:DEFAULT")

  Returns data if provided for the specified crypto symbol.

? Pro Tip: Use this formula along with other MarketXLS Estimates functions (such as EPS Estimate Next Quarter or Number Of Estimates In Consensus) to build a comprehensive earnings analysis dashboard.

Common Questions

1. What if the formula returns “NA”?
   • Verify that your MarketXLS license is valid and your internet connection is working. Also ensure the symbol is correct and supported by the data provider.
2. Does this formula handle multiple symbols?
   • You can apply the formula to multiple cells, each containing a single symbol. However, the function considers only one symbol at a time.
3. Can I refresh the data automatically?
   • Yes. You can use Excel’s built-in refresh or recalculate feature to pull the latest data.
4. Is there a performance impact when using many instances of the formula?
   • While MarketXLS is optimized, significant simultaneous calls can potentially slow down Excel. For large-scale usage, consider grouping your symbol queries or using MarketXLS caching features.

?? Note: Always confirm the estimates from multiple sources when making critical investment decisions.