- '17 profitability is 9.6%
- '18 profitability is 11%
- '19 profitability is 11.5%
- '20 profitability is 12.2%
ROB
- '17 ROB is 16%
- '18 ROB is 19.8%
- '19 ROB is 18.3%
- '20 ROB is 17%
So huge growth in both earnings and revenue are in the books thanks to the tax cuts and the GDP acceleration of 2018. 10% earnings growth and ~5% revenue growth are the expectations for the next 2 years.
That’s a healthy expectation. Guidance for next year is going to be critical. The good/bad verdict for this earnings season will be decided there.
See youtomorrow
,-Mike
