S&P 500 Earnings Dashboard 24Q1 - Tuesday, April 23

Tasty cake with flag on bunch of paper dollars

Image Source: Pexels


S&P 500 Aggregate Estimates and Revisions

  • The 24Q1 Y/Y adjusted blended earnings growth estimate is 6.0%. If the energy sector is excluded, the growth rate for the index is 5.6%. Please note that the 24Q1 consensus estimate 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 2.9%.
  • Of the 102 companies in the S&P 500 that have reported earnings to date for 24Q1, 79.4% reported above analyst expectations. This compares to a long-term average of 66%.
  • The 24Q1 Y/Y blended revenue growth estimate is 3.4%. If the energy sector is excluded, the growth rate for the index is 4.2%.

(Click on image to enlarge)

Click here to view the full report.


More By This Author:

Blackstone’s Cash Pile Will Only Buy So Much Time
Money Markets Report Weekly Outflow of $118.5 Billion, Third Largest On Record
S&P 500 Earnings Dashboard 24Q1 - Friday, April 19

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 ...

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

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.