Strong profits from large tech and energy firms are helping to keep S&P 500 earnings growth near 30%, even after an uneven start to the reporting season.
01Summary
- 01FactSet data shows year-on-year S&P 500 earnings growth is tracking at nearly 30%.
- 02The reporting period has had an uneven start, according to the story.
- 03Huge profits at tech and energy companies are helping to mask the broader trend.
- 04The article does not give company names, dates or specific earnings figures beyond the FactSet estimate.
02Why it matters
Earnings trends can affect share prices and market sentiment, especially when strong results from a few big sectors are obscuring the wider picture. Investors may need to look beyond headline profits to see how broad the growth really is.
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