S&P 500 Earnings Estimates Morgan Stanley still expects S&P 500 earnings per share of $185 in 2023 and $228 in 2024. This indicates a positive outlook for S&P 500 companies, suggesting the potential for growth and profitability in the near future. Image: Morgan Stanley Wealth Management
S&P 500 Earnings Yield – UST 3-Month Yield Historically, when the cash yield is higher than the earnings yield, this can be seen as a headwind for U.S. equities, as investors may be more inclined to allocate their funds towards cash investments rather than stocks. Image: BofA Global Investment Strategy
S&P 500 Earnings and Estimates Analysts are currently anticipating a strong increase in U.S. corporate earnings throughout the year 2024. Image: Real Investment Advice
S&P 500 Earnings Revisions Breadth Earnings revisions breadth has turned higher, which is good news. Image: Morgan Stanley Research
S&P 500 Earnings Revision Sentiment and Returns There is generally a good correlation between S&P 500 earnings revision sentiment and returns. Image: Goldman Sachs Global Investment Research
S&P 500 Earnings Yield Gap vs. Real 10-Year U.S. Real Treasury Yield U.S. equities look expensive relative to rates. Image: Goldman Sachs Global Investment Research
S&P 500 Earnings Yield vs. U.S. 6-Month Money vs. U.S. IG Yield Goodbye TINA. There are finally attractive alternatives to the U.S. stock market. Image: Deutsche Bank
S&P 500 Earnings Revisions Breadth vs. S&P 500 YoY Earnings revisions breadth is falling sharply. Image: Morgan Stanley Research
S&P 500 Earnings Surprise % Recent earnings surprises are slightly positive. Image: Morgan Stanley Research
S&P 500 Earnings vs. Fed Funds Historically, Fed rate hikes tend to impact S&P 500 earnings, which is not good news for U.S. stocks. Image: Real Investment Advice