EPS Estimate Next Year Formula in Excel

Get quick access to the analysts’ consensus EPS estimate for the upcoming financial year directly in Excel with MarketXLS. The EPSEstimateNextYear formula streamlines fundamental analysis, helping investors and analysts make more informed decisions by integrating next year’s EPS data into their spreadsheets effortlessly.

Understanding EPS Estimate Next Year

• Purpose: The EPS Estimate Next Year formula returns analysts’ consensus EPS estimates for the upcoming financial year for a given symbol.
• Key Benefits:
  • Speeds up fundamental analysis by providing real-time or near real-time data.
  • Enables quick comparisons and scenario planning for multiple securities.
• When to Use:
  • Use this function when you need forward-looking earnings estimates for portfolio analysis or investment decisions.

Syntax and Parameters

=EPSEstimateNextYear(Symbol)

• Return Value:
  • Returns a numeric value representing the consensus EPS estimate for the upcoming financial year.
  • Returns "NA" if there is an error, invalid symbol, or license issue.

?? Note: Ensure you have a valid MarketXLS license and a stable internet connection. If the symbol is invalid, or the data is unavailable, the formula will return "NA".

Examples and Usage

Below are practical examples showcasing how to retrieve EPS estimates for different types of symbols:

1. Using a regular stock symbol:

   =EPSEstimateNextYear("MSFT")

2. Using an index symbol:

   =EPSEstimateNextYear("^SPX")

3. Using an option symbol:

   =EPSEstimateNextYear("@MSFT 110122C00020000")

4. Using a crypto symbol:

   =EPSEstimateNextYear("BTCUSD:DEFAULT")

? Pro Tip: Combine EPSEstimateNextYear with other MarketXLS formulas (e.g., Price(), PE()) to compare forward earnings with current market values in the same Excel dashboard.

Special Cases and Limitations

• If you attempt to use a non-tradable or unsupported ticker symbol, the function will return "NA".
• Performance may vary based on your internet speed and the MarketXLS service availability.
• No date parameter is needed for this function; it always refers to the upcoming financial year.

Common Questions

1. Why am I getting "NA"?

   • The symbol might be invalid or not supported. Verify your spelling or ensure the instrument is recognized by MarketXLS.
   • Your MarketXLS license may be inactive or expired.

2. How often is the data updated?

   • MarketXLS typically sources information from a live data provider, but update frequency may vary. Check your plan details for refresh intervals.

3. Can I reference a cell for the symbol?

   • Yes. For instance:

     =EPSEstimateNextYear(A1)

     where A1 contains "MSFT" or another valid symbol.

4. How can I improve performance?

   • Limit the number of real-time data formulas in a single worksheet.
   • Use efficient spreadsheet design and consider using caching methods or fewer recalculations.

By leveraging the EPSEstimateNextYear formula, you can quickly obtain forward-looking EPS estimates, empowering you to make well-informed investment decisions based on analysts’ projections.