John Butters

3 days ago | insight.factset.com | John Butters

To date, 90% of the companies in the S&P 500 have reported earnings for the first quarter. Of these companies, 78% have reported actual EPS above the mean EPS estimate, which is above the 5-year average of 77% and above the 10-year average of 75%. In aggregate, earnings have exceeded estimates by 8.5%, which is below the 5-year average of 8.8% but above the 10-year average of 6.9%.

6 days ago | insight.factset.com | John Butters

At this late stage of the earnings season, the S&P 500 is reporting strong results for the first quarter. Both the percentage of S&P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises are above their 10-year averages. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative the end of the quarter. The index is also reporting double-digit earnings growth for the second consecutive quarter.

1 week ago | insight.factset.com | FactSet Insight |John Butters

FactSet VP Senior Earnings Analyst John Butters discusses Q1 2025 S&P 500 midseason earnings growth rates, sector performance, and highlights among the Magnificent 7 with MRKT Call hosts Dan Nathan and Guy Adami. John also highlights Q1 earnings call discussions of tariffs and recession, forward EPS guidance, and analyst outlooks for the next four quarters. Listen to the episode on Apple Podcasts or Spotify. Recorded May 6 at 12:00 pm ET. This blog post is for informational purposes only.

1 week ago | insight.factset.com | John Butters

Given concerns in the market about tariffs and a possible economic slowdown or recession, have analysts lowered EPS estimates more than normal for S&P 500 companies for the second quarter? The answer is yes. During the month of April, analysts lowered EPS estimates for the second quarter by a larger margin than average.

1 week ago | insight.factset.com | John Butters

At this stage of the earnings season, the S&P 500 is reporting strong results for the first quarter. Both the percentage of S&P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises are above their 10-year averages. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative the end of the quarter. The index is also reporting double-digit earnings growth for the second consecutive quarter.