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TSX Composite earnings scorecard: How first-quarter results have fared so far

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Of the 358 companies in the S&P 500 that have reported earnings to date for 21Q4, 78.2% have reported earnings above analyst estimates

· 21Q4 Y/Y revenue is expected to be 14.5%. Excluding the energy sector, the growth estimate is 10.3%.

· 76.5% of companies have reported 21Q4 revenue above analyst expectations. This compares to a long-term average of 61.5% and an average over the past four quarters of 78.6%. · For 22Q1, there have been 39 negative EPS preannouncements issued by S&P 500 corporations compared to 15 positive EPS preannouncements. By dividing 39 by 15 the N/P ratio is 2.6 for the S&P 500 Index.· During the week of Feb. 14, 59 S&P 500 companies are expected to report quarterly earnings.

 

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