Revision to Consensus S&P 500 EPS

Revision to Consensus S&P 500 3Q EPS 2Q EPS fell by just 2% over the last 3 months, compared to the usual 4%. Image: BofA US Equity & Quant Strategy

S&P 500 EPS Beat vs. Consensus Estimate

S&P 500 EPS Beat vs. Consensus Estimate Since 2000 Corporate America’s ability to maintain profit margins was again demonstrated by a robust 1Q 2023 earnings report, beating expectations by a wide margin. Image: BofA US Equity & Quant Strategy

Global EPS Model vs. Consensus EPS

Global EPS Model vs. Consensus EPS Global EPS growth is expected to fall significantly in 2H2023. Image: BofA Global Investment Strategy

Earnings – S&P 500 Consensus EPS Revision

Earnings – S&P 500 Consensus EPS Revision Consensus EPS revisions are moving sharply lower, which is not good news. Image: Goldman Sachs Global Investment Research