EPS Estimate Next Quarter Formula in Excel

Understanding EPS Estimate Next Quarter

The EPS Estimate Next Quarter formula in Excel retrieves the analysts’ consensus earnings per share estimate for an upcoming quarter. This powerful function, provided by MarketXLS, enables traders and investors to quickly gauge expected earnings performance for a symbol.

• Ideal for research and valuation
• Helps evaluate market sentiment and forward-looking performance
• Useful for screening stocks based on projected earnings trends

? Pro Tip: Incorporate the EPS Estimate Next Quarter formula into your investment workflow to stay informed about market expectations and compare projections across different symbols.

Syntax and Parameters

Use the following syntax to call the EPSEstimateNextQuarter function in Excel:

=EPSEstimateNextQuarter(Symbol)

Return Value:
• Returns a text string representing the consensus EPS estimate for the upcoming financial quarter.
• If the symbol or license is invalid, the function returns "NA".

?? Note: Data is fetched over the internet. Network issues or invalid symbols can result in "NA".

Examples and Usage

Basic Example

=EPSEstimateNextQuarter("MSFT")

This formula retrieves the upcoming quarter’s consensus EPS estimate for Microsoft.

Using Different Symbol Formats

• Stock Index:

=EPSEstimateNextQuarter("^SPX")

• Options:

=EPSEstimateNextQuarter("@MSFT 110122C00020000")

• Crypto:

=EPSEstimateNextQuarter("BTCUSD:DEFAULT")

Real-World Applications

• Compare expected earnings across different stocks to identify potential undervalued or overvalued opportunities.
• Allocate resources by focusing on symbols with strong upcoming quarter estimates.
• Integrate into broader Excel models for fundamental analysis and forecasts.

Common Questions

1. What happens if an invalid symbol is used?
   The function returns "NA" if the symbol is invalid or not found.

2. Is there any performance impact when using many symbols?
   Each call fetches data from the API. Large requests may slow down performance, so queue or batch your queries if needed.

3. Are historical estimates available?
   This formula focuses on the upcoming quarter’s estimate. For historical data, use other specialized MarketXLS functions.

4. How does this compare to other EPS estimate functions?
   • EPS Estimate Current Quarter: Focuses on the ongoing quarter.
   • EPS Estimate Next Year: Looks ahead to the upcoming financial year.
   • EPS Estimate Current Year: Offers insights into the ongoing year.
   • Number Of Estimates In Consensus: Displays how many analysts contribute to the consensus figure.

? Pro Tip: Combine multiple MarketXLS “Estimates” functions to build comprehensive earnings and valuation models in Excel.