During Q1 2020 earnings calls, 21 S&P 500 companies from the utilities sector confirmed their previous EPS guidance for 2020, as did 12 health care companies. This suggests that the COVID-19 pandemic did not have a negative impact on their bottom line, which stands in stark contrast to many financial services companies in the United States. EPS stands for earnings per share and shows the value of earnings allocated per outstanding share of common stock of a company.
Number of S&P 500 companies who confirmed their previous EPS guidance for 2020 in Q1 2020 earnings calls, by sector
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FactSet. (June 12, 2020). Number of S&P 500 companies who confirmed their previous EPS guidance for 2020 in Q1 2020 earnings calls, by sector [Graph]. In Statista. Retrieved September 13, 2024, from https://www.statista.com/statistics/1134732/covid-19-sandp-500-2020-eps-guidance/
FactSet. "Number of S&P 500 companies who confirmed their previous EPS guidance for 2020 in Q1 2020 earnings calls, by sector." Chart. June 12, 2020. Statista. Accessed September 13, 2024. https://www.statista.com/statistics/1134732/covid-19-sandp-500-2020-eps-guidance/
FactSet. (2020). Number of S&P 500 companies who confirmed their previous EPS guidance for 2020 in Q1 2020 earnings calls, by sector. Statista. Statista Inc.. Accessed: September 13, 2024. https://www.statista.com/statistics/1134732/covid-19-sandp-500-2020-eps-guidance/
FactSet. "Number of S&p 500 Companies Who Confirmed Their Previous Eps Guidance for 2020 in Q1 2020 Earnings Calls, by Sector." Statista, Statista Inc., 12 Jun 2020, https://www.statista.com/statistics/1134732/covid-19-sandp-500-2020-eps-guidance/
FactSet, Number of S&P 500 companies who confirmed their previous EPS guidance for 2020 in Q1 2020 earnings calls, by sector Statista, https://www.statista.com/statistics/1134732/covid-19-sandp-500-2020-eps-guidance/ (last visited September 13, 2024)
Number of S&P 500 companies who confirmed their previous EPS guidance for 2020 in Q1 2020 earnings calls, by sector [Graph], FactSet, June 12, 2020. [Online]. Available: https://www.statista.com/statistics/1134732/covid-19-sandp-500-2020-eps-guidance/