84% of S&P 500 companies have beaten earnings estimates this quarterand these two words keep coming up

Image for article 84% of S&P 500 companies have beaten earnings estimates this quarterand these two words keep coming up
News Source : Fortune

News Summary

  • The blended earnings growth rate now stands at 27.1%, up sharply from 13.1% at the end of March.
  • For Q2 through Q4, analysts are projecting earnings growth of 21.3%, 23%, and 20.6%, respectively.
  • About 65% of S&P 500 earnings calls have cited the term “AI’ so far, but that is slightly below the previous quarter’s 68%.
  • Paul DiCicco was appointed EVP, CFO, and treasurer of Madison Square Garden Sports Corp.
Good morning. Corporate earnings are coming in stronger than expected, but S&P 500 executives are still choosing their words carefully.Were about twothirds of the way through Q1 earnings season, [+5230 chars]

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