2024-02-02 19:25:00 ET
Summary
- The upside surprise for Q4 ’23 SP 500 EPS closed the week at +6.4%, versus the +7.2% from Q3 ’23.
- The revenue upside surprise this week for Q4 ’23 S&P 500 improved to +1.2%, versus Q3 ’23’s +0.9%.
- The forward 4-quarter estimate (FFQE) is $241.97 versus last week’s $242.61 and early January '24’s $243.98.
Even though the earnings reports from Amazon ( AMZN ), Meta ( META ) and Apple ( AAPL ) aren’t in the data because LSEG cuts off the earnings and market data as of Thursday night’s market close, the upside surprise for Q4 ’23 S&P 500 EPS closed the week at +6.4%, versus the +7.2% from Q3 ’23....
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S&P 500 Earnings: Q4 '23 Upside Surprise Is +6.4% - Robust Again