S&P 500 Earnings Remain Strong: Upside Surprise Higher than Last Few Quarters

The forward 4-quarter estimate was revised higher again to $253.25 from last weeks $252.55.The S&P 500 earnings yield was 4.94% versus last week’s 4.95%.With 397 S&P 500 companies having reported, the “upside surprise” this quarter for S&P 500 EPS is +8.4% bigger than the three previous quarters, which were quite strong in the mid to high-single-digits.), since they reported Thursday night after the closing bell. Any revisions will likely show up early next week in the LSEG numbers.

Just taking the straight math of trailing 12-month EPS of $225.64 and then divide it into the “forward 4-quarter estimate” the difference is $25. S&P 500 earnings are decent, and it’s more than just the Mag 7: almost every sector of the S&P 500 except industrials and health care are showing higher expected growth rates for ’24 than in early Jan 24.Despite good Q1 ’24 earnings reports the major tech / discretionary and / or communication services companies have yet to take out recent all-time highs. Microsoft is still short of the 2021 ATH’s near $188 – $189. Until today, Bonds just haven’t helped the equity market much.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Goldman Sachs: An Easier Fed Could Unleash a Lot of Earnings PowerStocks Analysis by Brian Gilmartin covering: Nasdaq 100, S&P 500, Citigroup Inc, Goldman Sachs Group Inc. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Amazon Earnings Preview: The Model Is Evolving - AI Is Expected to Benefit RetailStocks Analysis by Brian Gilmartin covering: Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Q1 S&P 500 Earnings: Another Normal Earnings Season in the Offing?Stocks Analysis by Brian Gilmartin covering: S&P 500, Intuitive Surgical Inc, Johnson & Johnson, Abbott Laboratories. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

JPMorgan Earnings Preview: Flat Growth Expected Despite Solid FundamentalsStocks Analysis by Brian Gilmartin covering: S&P 500, Citigroup Inc, JPMorgan Chase & Co. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Citigroup Earnings: Stock Cheap on Book Value Basis as Eyes Turn to EPS GrowthStocks Analysis by Brian Gilmartin covering: S&P 500, Citigroup Inc, Bank of America Corp, JPMorgan Chase & Co. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Netflix Earnings Preview: Free-Cash-Flow Improvement Has Been ImpressiveStocks Analysis by Brian Gilmartin covering: Netflix Inc. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »