QVMM - S&P 500 (And Russell 2000) Earnings Look: It's A Quieter Period Between Now And Quarter End
2024-06-17 02:45:00 ET
Summary
- For the Russell 2000 EPS growth rate, “ex-Energy”, it looks like the first quarter of ’24 will be the nadir in terms of yoy earnings declines.
- Many of the big sell-side firms and financial institutions are ratcheting up their numbers for expected 2024 EPS for the SP 500, and for good reason.
- S&P 500 earnings could remain fine as the P/E compresses, usually from some unanticipated shock. That’s not a prediction, but given the state of the market, it’s susceptible to that right now.
To give a little voice to the Russell 2000’s earnings, this blog is going to start including some short commentary each week on the small-cap benchmark, just so this blog can learn and understand more about the asset class....
S&P 500 (And Russell 2000) Earnings Look: It's A Quieter Period Between Now And Quarter End