- The expected 21Q1 earnings growth rate is currently 24.2%, which has increased from 16.0% at the beginning of the year.
- All but two sectors have seen positive revisions to 21Q1 growth expectations since the beginning of the year.
- In 2021, we expect to see a year of high expectations for earnings growth as we exit 2020, which saw growth rates plummet during the first three quarters to levels not seen since the 2008 crisis.
- The earnings growth forecast for 2021 is currently 25.9%, the highest since 2010.
- Seeing an increase in growth expectations heading into earnings season is fairly uncommon, but we have seen exactly this behavior for the third consecutive quarter.
For further details see:
S&P 500 21Q1 Earnings Preview: Expectations Continue To Rise