EFTA Document EFTA01367802

22 May 2015 US Equity Insights Figure 26: Blended (actual for reported and estimate for remaining) 1O EPS and sales yly growth 30% 2C% is 4.3% 100% 5% 32% 0%i%. -L • .-y , .10% -10% -20% i 'MI i 40% -50% 40% 4 -53 5% -70% 4 137%130% 08% L 56% Mg a 2n 23% A . 43 7% tl Source /855. Ottani, Bra An I 61 a ; • 30 EPS wy 04343 .30 %Ms ry Ow.% Figure 28: Trend in S&P 500 quarterly btm-up EPS 33 32 31 30 29 21 27 26 25 24 23 4 (Ohl A4 YJIP ‘^ L N404 q4 )0