In the fourth quarter of 2023, 7 out of 11 S&P 500 sectors reported year-over-year earnings growth, while 8 sectors reported revenue growth. The overall 4Q earnings growth for the S&P 500 was nearly 8%, surpassing the expected 1.2%. Additionally, S&P 500 sales exceeded inflation by 1.4% in Q4, marking the 12th consecutive quarter of positive real growth. Despite a decline in the ISM Manufacturing index in February, the number of industries showing growth increased to 8, indicating improvement from recent lows. Consumer sentiment towards the stock market for the upcoming year remains positive, with a slight decrease in February but still within the upper end of historical range.
S&P 500 sales outpaced inflation by 1.4% in Q4, the 12th consecutive quarter of positive real growth. $SPX Video: https://t.co/HYh8oE1XQJ https://t.co/mVkc1llTAL
Consumers still feel good about direction of stock market in coming year per @UMich sentiment; slight deterioration in February, but index is at upper end of historical range https://t.co/p9j6by0DHK
Even though ISM Manufacturing deteriorated in February, number of industries reporting growth increased to 8 … still low relative to history, but a nice improvement from recent lows https://t.co/xm9RPuhOys
S&P 500 4Q Earnings Growth Has Been Stellar Growth was almost 8%, compared to only 1.2% that was expected before the season started https://t.co/G7n43GCQqD
8 of 11 $SPX sectors are reporting Y/Y revenue growth for Q4 2023. #earnings, #earningsinsight, https://t.co/qhtJXkB4aj https://t.co/GAWQnJ4ZNu
7 of 11 $SPX sectors are reporting Y/Y earnings growth for Q4 2023. #earnings, #earningsinsight, https://t.co/qhtJXkB4aj https://t.co/J73ytz6mdQ