Analysts have increased earnings per share (EPS) estimates for S&P 500 companies, particularly in the Energy sector, over the first two months of Q2 2024. The consensus now sees earnings growing 11.4% in 2024, up from a projection of 10.9% in April. SPX EPS estimates have risen to $245 for 2024 and $279 for 2025. Analysts increased Q2 EPS estimates for SPX companies in 5 of 11 sectors. Wall Street strategists have been boosting their S&P 500 year-end targets due to the positive earnings outlook.
The outlook for the $GSPC keeps getting better. Earnings are one of several reasons Wall Street strategists have been boosting their S&P 500 year-end targets. Consensus now sees earnings growing 11.4% in 2024, up from a projection of 10.9% on April 5. https://t.co/h2gxCB5RSf https://t.co/FnbD3H0BJK
Analysts increased Q2 EPS estimates for $SPX companies in 5 of 11 sectors during the months of April and May, led by the Energy sector. #earnings, #earningsinsight, https://t.co/XG5opWCGh7 https://t.co/6qtD8tpFyJ
Analysts have increased Q2 EPS estimates for $SPX companies over the first 2 months of the quarter. #earnings, #earningsinsight, https://t.co/XG5opWCGh7 https://t.co/u8vyqcNwyQ
SPX EPS estimates have risen recently. 2024: $245 2025: $279 https://t.co/btoRtu8kTg https://t.co/sz1sfzkQQO
Earnings growth expectations for 2024 by S&P 500 sector https://t.co/kcKti3Rub3