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One stock is dragging down the S&P 500's earnings growth

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Earnings Growth,John Butters,S&P 500

S&P 500 companies have had a solid Q1 earnings season, with one key exception: drugmaker Bristol-Meyers Squibb.

) have reported what's broadly been considered a solid Q1 earnings season for the index, with one key exception: drugmaker Bristol-Meyers Squibb . Gilead Sciences reported a loss per share of $1.32 in the most recent quarter, compared to earnings per share of $1.37 in the same quarter a year ago. Pfizer meanwhile reported earnings per share of $0.82, down from $1.23 in the same quarter a year ago.

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