S&P 500 Earnings Dashboard 24Q1 - Friday, June 28

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels

S&P 500 Aggregate Estimates and Revisions

  • The 24Q1 Y/Y adjusted blended earnings growth estimate is 11.4%. If the energy sector is excluded, the growth rate for the index is 11.5%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. When including this one-time item, the S&P 500 24Q1 earnings growth rate declines to 8.2%.
  • Of the 499 companies in the S&P 500 that have reported earnings to date for 24Q1, 79.0% reported above analyst expectations. This compares to a long-term average of 66%.
  • The 24Q1 Y/Y blended revenue growth estimate is 3.9%. If the energy sector is excluded, the growth rate for the index is 4.6%.

(Click on image to enlarge)

Click here to view the full report. 

More By This Author:

Russell 2000 Earnings Dashboard 24Q1 - Thursday, June 27
Gamestop Is Becoming A Poorly Run Bank
What Is Market Efficiency And How Does It Impact Investors?

Disclaimer: This article is for information purposes only and does not constitute any investment advice.

The views expressed are the views of the author, not necessarily those of Refinitiv ...

How did you like this article? Let us know so we can better customize your reading experience.