The phrase "future returns" refers to the benefits or profits that you can get from something in the future, such as an investment or action. Full definition
In other words, forward P / E ratios can be a good predictor of future returns for low uncertainty stocks but are quite inaccurate for high uncertainty stocks. (investmentreview.com)
You need to realize past returns are not a guarantee for future returns. (trendfollowingmentor.com)
This may not sound like much, but these low returns may actually be competitive with expected future returns on some other low risk options as detailed more in Article 6.2. (mindfullyinvesting.com)