Typical Path of S&P 500 Bottom-Up Consensus EPS Estimate

S&P 500 EPS revisions for 2024 are showing a more favorable trend compared to both the previous year, 2023, and the average revisions seen historically, which could potentially contribute to a positive sentiment in the market.

Image: Goldman Sachs Global Investment Research

Typical Path of S&P 500 Bottom-Up Consensus EPS Estimate