Hold on a minute.
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... is the effective "change" over one quarter. Wouldn't that be
quarter growth over TTM (Trailing Twelve Months)?
This is more about semantics, but in my mind, to get
annual growth, one needs to contrast the most recent TTM to the previous TTM like the Fidelity website does. I appreciate the original question is asking not to do that, but then we are looking at quarter growth changes instead of annual changes--which is okay if we call it "quarter growth (TTM)".
Off topic, but my actual interest is computing a
Trailing PEG Ratio = (PE ratio / annual %EPS growth). But in order to do that, I "think" I need 8 quarters. I'm not sure if taking the quarter growth (TTM) and
multiplying by four is going to work. But again, it's about semantics; some may say that's reasonable. Too many choices.