Image Source: UnsplashS&P 500 Aggregate Estimates and Revisions
24Q3 Y/Y earnings are expected to be 4.0%. Excluding the energy sector, the Y/Y earnings estimate is 6.5%.
Of the 71 companies in the S&P 500 that have reported earnings to date for 24Q3, 83.1% reported above analyst expectations. This compares to a long-term average of 66.9%.
The 24Q3 Y/Y blended revenue growth estimate is 4.0%. If the energy sector is excluded, the growth rate for the index is 5.0%.
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