S&P 500 Earnings Dashboard 24Q1 - Friday, May 10
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S&P 500 Aggregate Estimates and Revisions
- The 24Q1 Y/Y adjusted blended earnings growth estimate is 10.5%. If the energy sector is excluded, the growth rate for the index is 10.5%. 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 7.4%.
- Of the 459 companies in the S&P 500 that have reported earnings to date for 24Q1, 77.3% reported above analyst expectations. This compares to a long-term average of 66%.
- The 24Q1 Y/Y blended revenue growth estimate is 3.7%. If the energy sector is excluded, the growth rate for the index is 4.4%.
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Disclaimer: This article is for information purposes only and does not constitute any investment advice.
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