spglobal.com
In Q2 2024, 78% of S&P 500 constituents surpassed EPS expectations vs. S&P Capital IQ Estimates, the same as in Q1 2024, a 4% increase compared to Q4 2023 and 2% below Q3 2023. Although the percentage didn’t grow in Q2, the quarter saw anticipation build for the rate cut that the Federal Reserve finally declared in Q3, anticipation that has generated a bullish outlook throughout most of 2024.
about 1 year ago