S&P 500 Earnings Dashboard 24Q1 – Friday, May 10

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 S&P 500 Aggregate Estimates and Revisions

  • The 24Q1 Y/Y adjusted blended earnings growth estimate is 10.5%. If the energy sector is excluded, the growth rate for the index is 10.5%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. When including this one-time item, the S&P 500 24Q1 earnings growth rate declines to 7.4%.
  • Of the 459 companies in the S&P 500 that have reported earnings to date for 24Q1, 77.3% reported above analyst expectations. This compares to a long-term average of 66%.
  • The 24Q1 Y/Y blended revenue growth estimate is 3.7%. If the energy sector is excluded, the growth rate for the index is 4.4%.

    • (Click on image to enlarge)Click  to view the full report.Russell 2000 Earnings Dashboard 24Q1 – Thursday, May 9Red Sea Crisis Is Affecting Consumer/Retail Trends S&P 500 Earnings Dashboard 24Q1 – Tuesday, May 7

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    Author: Travis Esquivel

    Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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