EPS Estimate Current Year Formula in Excel

This guide explains how to use the EPS Estimate Current Year formula in Excel with MarketXLS. Discover how this function helps you quickly retrieve analysts’ consensus EPS estimates for the current financial year, enabling data-driven financial analysis and investment decision-making.

Understanding EPS Estimate Current Year

• Purpose: Returns the analysts' consensus EPS estimate for the current financial year.
• Use Cases:
  • Quickly analyze a company’s projected earnings to make informed trading and investment decisions.
  • Compare current-year EPS estimates for different symbols in a single spreadsheet.
• Key Benefits:
  • Real-time access to financial analytic data within Excel.
  • Simplifies research by saving you from manual lookups.
  • Seamlessly integrates with other Excel formulas and functions.

Syntax and Parameters

Use the function in Excel as follows:

=EPSEstimateCurrentYear(Symbol)

Return Value

• Data Type: Typically returns a numeric value representing the consensus EPS estimate for the current financial year.
• Error Handling:
  • If a symbol is invalid or data is unavailable, the function returns "NA".
  • If your MarketXLS license is invalid, the function may also return an error message.

Special Cases and Limitations

• The function requires a valid internet connection to fetch data from the MarketXLS API.
• Results may vary based on the availability of analysts’ estimates for the given symbol.

Performance Considerations

• Data is fetched from a remote server, so network conditions can affect performance.
• MarketXLS may cache data for a period, reducing response times for frequently accessed symbols.

Examples and Usage

Below are several ways to use the EPSEstimateCurrentYear formula in Excel:

• Basic Usage with a Stock Symbol

  =EPSEstimateCurrentYear("MSFT")

  Returns the consensus EPS estimate for Microsoft.

• Index Example

  =EPSEstimateCurrentYear("^SPX")

  Retrieves the consensus EPS estimate, if available, for the S&P 500 index.

• Options Symbol

  =EPSEstimateCurrentYear("@MSFT 110122C00020000")

  Attempts to return the EPS estimate for the specified option symbol.

• Crypto Example

  =EPSEstimateCurrentYear("BTCUSD:DEFAULT")

  Returns the current year EPS estimate for the specified cryptocurrency pair, if supported.

? Pro Tip: Always ensure your chosen symbol is valid and recognized through MarketXLS to avoid the "NA" result.

Common Questions

1. What if the function returns "NA"?

   • This can happen if the symbol is incorrect or if MarketXLS cannot find EPS estimates for that symbol. Double-check that your symbol is valid and spelled correctly.

2. Do I need an active MarketXLS subscription?

   • Yes. MarketXLS functions require an active license and internet connection to retrieve live or historical financial data.

3. How often is the data updated?

   • Data updates can depend on MarketXLS’s data provider cycles. Cached data may reset daily or at specific intervals.

4. Can this function be combined with other Excel formulas?

   • Absolutely. You can nest or reference the result in your custom calculations, pivot tables, or charts to create comprehensive financial dashboards.

?? Note: If you plan to retrieve EPS estimates for a large number of symbols at once, be mindful of potential performance and bandwidth constraints due to repeated API calls.