Analyze Quarterly Earnings Growth YoY for Stocks
With the QuarterlyEarningsGrowthYOY function from MarketXLS, you can quickly access year-over-year growth data for a company's quarterly earnings. This function retrieves the latest figures from a dedicated data source, allowing you to make more informed decisions and conduct thorough fundamental analysis directly in Excel.
Why Use This Function?
- Helps investors and analysts compare a company's recent quarterly earnings against the same quarter from the previous year.
- Enables spotting historical growth trends and detecting early signs of financial health or potential headwinds.
- Assists in quickly determining whether a company is consistently increasing its quarterly earnings.
- Useful in screening and ranking stocks based on earnings growth metrics.
- Integrates seamlessly with other MarketXLS functions and Excel features, making it easy to create dynamic dashboards or watchlists.
How to Use in Excel
=QuarterlyEarningsGrowthYOY(Symbol)
- Select a cell in your Excel worksheet.
- Enter “=QuarterlyEarningsGrowthYOY(” and then type or reference the stock’s ticker symbol.
- Press Enter.
- Excel will return the quarterly earnings growth year-over-year as a numerical value or possibly a status/placeholder if data is not immediately available.
When you pass a valid ticker symbol (e.g., “AAPL”), you will receive the latest quarterly earnings growth data. If the ticker is invalid, the function will return “NA.” If MarketXLS is currently refreshing data or your license is not valid, you may see “Refreshing” or “NA” as placeholders.
Parameters Explained
Parameter | Description | Example Values | Notes |
---|---|---|---|
Symbol | The stock ticker symbol for the desired company’s Qtr. earnings YOY. | "AAPL", "MSFT" | Enter a valid symbol. Returns "NA" for invalid symbols or if data is unavailable. |
Example Usage
Basic Examples
-
Single Cell Example
- In cell A1, type “AAPL”.
- In cell B1, enter:
=QuarterlyEarningsGrowthYOY(A1) - B1 will display Apple’s most recent quarterly earnings growth year-over-year (e.g., 0.05 = 5% growth).
-
Direct Ticker Entry
- In any cell, enter:
=QuarterlyEarningsGrowthYOY("MSFT") - The cell returns Microsoft’s quarterly earnings growth YoY figure.
- In any cell, enter:
Advanced Scenarios
-
Comparing Multiple Stocks
- Suppose you have a list of tickers in A2:A10.
- In B2, enter:
=QuarterlyEarningsGrowthYOY(A2) - Drag or copy the formula down through B10 to evaluate multiple companies’ quarterly YOY growth rates side by side.
-
Integrating With Other Functions
- Combine with average or rank functions to find the average quarterly YOY growth or rank a list of symbols by their earnings growth in ascending or descending order.
-
Building a Trading Strategy
- Use this function to filter companies that meet a specific growth threshold. For instance, only include stocks where quarterly YOY growth is above 10% in your watchlist.
Common Questions and Troubleshooting
-
Why am I getting “NA”?
• Invalid Symbol: Double-check the ticker symbol.
• License or Connectivity: Ensure you have a valid MarketXLS license and internet connection.
• Data Unavailable: Certain symbols might not have recent earnings data. -
Why am I seeing “Refreshing”?
• MarketXLS may be downloading updated data in the background. The result will populate once data is fully refreshed. -
Does it work for international tickers?
• Functionality can vary depending on the MarketXLS data coverage. Check if your license includes international markets and that the ticker symbol is recognized. -
Can I reference another Excel function in place of the Symbol?
• Yes. For example, you can combine text functions or references from other cells to dynamically create the ticker symbol parameter.
By using the QuarterlyEarningsGrowthYOY function, investors and analysts can efficiently track earnings performance, identify trends, and make evidence-based decisions straight from Excel. This streamlined approach integrates seamlessly into a variety of investment strategies and portfolio analyses, making it a powerful ally for anyone focused on fundamental stock research.