MID - S&P 500 Earnings Strong And 'Upside Surprise' Higher Than Last Few Quarters

May, 03 2024 08:10 PM American Century Mid Cap Growth Impact

2024-05-03 20:10:00 ET

Summary

With tech earnings out of the way, S&P 500 earnings continue to be healthy, robust in fact, although that’s been the case for a while.
The forward 4-quarter estimate was revised higher again (sequentially) to $253.25 from last week's $252.55.
With 397 S&P 500 companies having reported, the “upside surprise” this quarter for S&P 500 EPS is +8.4% bigger than the three previous quarters, which were quite strong in the mid to high-single digits.

With tech earnings out of the way, S&P 500 earnings continue to be healthy, robust in fact, although that’s been the case for a while....

Company Name:	American Century Mid Cap Growth Impact
Stock Symbol:	MID
Market:	NYSE