QVML - Winter 2024 Snapshot Of Expected Future S&P 500 Earnings
2024-02-21 07:35:00 ET
Summary
- Since our last update three months ago, expectations for the S&P 500's earnings slumped in the near term and are stretching out the recovery from 2022's earnings recession.
- The S&P 500's EPS had been expected to return to its March 2022 peak of $197.91 during the first quarter of 2024.
- S&P projects faster earnings growth during the second half of 2024.
Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 (SPX) at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter's earnings....
Winter 2024 Snapshot Of Expected Future S&P 500 Earnings