S&P 500 Earnings Jump 50.4% in Q2, Best Since 2021
Updated
Updated · Investor's Business Daily · Aug 18
S&P 500 Earnings Jump 50.4% in Q2, Best Since 2021
3 articles · Updated · Investor's Business Daily · Aug 18
Summary
FactSet data show S&P 500 earnings per share are on pace to rise 50.4% in the second quarter, combining reported results with estimates for companies yet to report.
That would mark the index's strongest earnings quarter since Q2 2021, when profits surged 91.6%.
The report suggests the recent stock-market sputtering is not being driven by corporate earnings weakness, with profit growth still running above 50%.