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S&P 500 Q1 Earnings Grow 12.8% With 72% Companies Reporting, CAPE 34.44x, Forward P/E at 20.2

4 posts • GPT (4.1 mini)

Updated May 5, 2025, 02:53 AM

The S&P 500 has a cyclically adjusted price-to-earnings (CAPE) ratio of 34.44x, indicating elevated valuation levels. Despite this, the earnings season for the index has shown strong performance, with 72% of companies having reported their first-quarter results. Both the percentage of companies exceeding earnings expectations and the magnitude of those earnings surprises are above their 10-year averages. Year-over-year earnings growth for the S&P 500 in the first quarter stands at 12.8%, surpassing the March 31 estimate of 7.2%. The forward 12-month price-to-earnings (P/E) ratio is currently 20.2, which is higher than both the five-year average of 19.9 and the 10-year average of 18.3, reflecting continued investor optimism amid the earnings growth.

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Sources

insight.factset.com(2)ft.com

FactSet

@FactSet

The forward 12-month P/E ratio for $SPX is 20.2, which is above the 5-year average (19.9) and above the 10-year average (18.3). #earnings, #earningsinsight, https://t.co/B21pZaw0Rv https://t.co/21GH5kPSiq

FactSet

@FactSet

$SPX is reporting Y/Y earnings growth of 12.8% for Q1, which is above the estimate of 7.2% on March 31. #earnings, #earningsinsight, https://t.co/B21pZaw0Rv https://t.co/yeCuIjHnDj

Tracy Shuchart (𝒞𝒽𝒾 )

@chigrl

S&P 500 Earnings Season Scorecard (so far) Both the percentage of S&P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises are above their 10-year averages. Overall, 72% of the companies in the S&P 500 have reported actual results for Q1 https://t.co/nyymPGYLsn

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1 month ago•Latest version

S&P 500 Q1 Earnings Grow 12.8% With 72% Companies Reporting, CAPE 34.44x, Forward P/E at 20.2

1 month ago•Original version

S&P 500 Earnings Beat Estimates with 12.8% Growth, CAPE at 34.44x and Forward P/E at 20.2 Amid Elevated Valuations

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S&P 500 Q1 Earnings Grow 12.8% With 72% Companies Reporting, CAPE 34.44x, Forward P/E at 20.2

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