Exploring the S&P 500 Earnings Forecast for 2024: An Analysis of Potential Upside Surprises

Monday, 8 April 2024, 03:35
In the latest update, the forward 4-quarter estimate for S&P 500 earnings has shown significant growth, indicating a positive trend. The Q4 '23 EPS has surpassed expectations, reflecting a promising outlook for the market. As investors look ahead to 2024, the key question remains: will the 'upside surprise' factor persist?
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Exploring the S&P 500 Earnings Forecast for 2024: An Analysis of Potential Upside Surprises

S&P 500 Earnings Update

The forward 4-quarter estimate rose to $251.58, showcasing a notable increase from the previous week. This quarterly bump suggests optimistic market conditions.

Q4 '23 Performance

The Q4 '23 EPS closed at $57.16, exceeding the prior quarter's results. This growth trend signifies a potential for continued success in the upcoming year.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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