Prediction record

Hiteconomy

U.S. corporate earnings-per-share growth will slow markedly in 2019 as buyback capacity falls.

A scored record for Lyn Alden, made on .

BlogPrimary sourceeconomymarkets

Scored record

Hiteconomy

in 2019 there will likely be much less capital for buybacks, which means slower EPS growth

U.S. corporate earnings-per-share growth will slow markedly in 2019 as buyback capacity falls.

Made on
2018-09-24
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

Criterion

Resolution status
resolved
Resolved on
2019-12-31

Resolves TRUE if S&P 500 aggregate EPS growth in calendar 2019 was markedly slower than in 2018 (year-over-year EPS growth rate materially lower, e.g. single-digit or lower vs 2018's ~20%+).

S&P 500 aggregate EPS growth slowed from ~20% in 2018 to ~5% in 2019 — a clear, marked deceleration into single digits, satisfying the written criterion. Note: the claim attributed the slowdown specifically to falling buyback capacity; the criterion only tests the EPS-growth-slowdown magnitude, not the causal buyback mechanism, and the magnitude condition is met. (Outcome value o not assigned.)

Sources

  • September 2018 Newsletter

    lynalden.com ·

    Source

Outcome evidence

  • S&P 500 annual earnings growth rate (year-over-year EPS): 2018 = 20.49% vs 2019 = 5.35%. 2019 growth fell to single digits, materially below 2018's ~20%+, matching the criterion's 'markedly slower / single-digit vs ~20%+' operationalization.

    Evidence

  • Contemporaneous coverage: after 2018's ~22.7% earnings growth (best since 2010, driven by the 2017 tax cut), 2019 S&P 500 earnings growth was expected to be roughly flat/anemic — confirming a sharp deceleration in 2019.

    Evidence

Corrections

No public corrections.

Score contribution

+2.76
Confidence
80%
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

U.S. corporate earnings-per-share growth will slow markedly…
Methodology version
v1.0.0
Last computed
July 6, 2026
Made on
2018-09-24

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