S&P 500 Earnings Beat Estimates by Record 29.2%
S&P 500 companies are exceeding earnings per share estimates by 29.2%, above the 5-year average of 7.0%. The blended net margin for the S&P 500 has reached an all-time high of 16.9%. Even excluding large one-off gains, earnings growth remains strong at 32.0% year-over-year.
Sources
Kobeissi Letter
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