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Ask a Trainer - TC2000 version 12/18
Accelerating EPS & Quarterly Sales
Is there a pcf or some other way that will allow me to scan for accerating Quarterly EPSs.
Also would like to scan for accerating quarterly sales too.
There is no way to reference fundamentals in a Personal Criteria Formula.
What you can do as add both the fundamental and a 1 period rate of change indicator to a quarterly chart. Change the data source of the ROC to use the fundamental. Then click on it and select Create Condition (or Create Scan Condotion) to create a condition fo the ROC being greater than 0 (or possibly moving up).
There may be something that you can do, depending on your definition of "accelerating".
TC2000 has Fundamental Indicators called EPS Percent Change x Qtr Back for four quarters. You can construct a scan looking for each one to be greater than 10%, for example.
For longer periods, there is "EPS Percent Change Latest Yr" and "Earnings Growth Rate 5-Yr". You can scan for differentvalues of these, as well.
There aren't as many possible variables for Revenue. There is"Percent Change Revenue 1-Yr" and "Percent Change Revenue last Qtr". You can scan for these to be greater than a value you select