Proportion of S&P 500 Beating Earnings Estimate Many S&P 500 companies reported earnings that exceeded expectations during Q3, which is a positive sign as it demonstrates their ability to navigate uncertainties and generate sustainable growth. Image: Deutsche Bank Asset Allocation
S&P 500 Earnings Estimates Morgan Stanley predicts that S&P 500 EPS will rise to $229 in 2024 and $266 in 2025. This forecast indicates the potential for future expansion and profitability. Image: Morgan Stanley Wealth Management
S&P 500 Earnings Estimates Through 2022 Morgan Stanley still expects S&P 500 earnings to rebound to $205 in 2021 and $209 in 2022. Image: Morgan Stanley Research
S&P 500 Earnings Estimates and Forward EPS Has the peak in earnings growth been reached? Image: Fidelity Investments
Revision to Consensus Earnings Estimates Rising oil prices tend to drive energy and materials stocks higher. Image: BofA US Equity & Quant Strategy
S&P 500 Earnings Estimates So far, 80% of companies beat estimates by an average of 19%. Image: Fidelity Investments
Proportion of Companies Beating Earnings Estimates More U.S. companies beat earnings estimates than in Europe, Japan and EM. Image: Deutsche Bank Asset Allocation
S&P 500 – Earnings Estimate Progression U.S. corporate earnings are not so bad. As the chart shows, earnings fundamentals are improving. Image: Fidelity Investments
Proportion of Companies Beating Earnings Estimates Despite cuts to forecasts, S&P 500 aggregate earnings are beating expectations by the lowest rate since the global financial crisis. Image: Deutsche Bank Asset Allocation
S&P 500 Earnings Estimate Progression The market doesn’t believe that the long term earnings power has changed and expects a V-shaped earnings recovery. Image: Fidelity Investments