EPS Revisions While consensus estimates for 2025 S&P 500 EPS have reverted to modest downward revisions, the overall market sentiment remains cautiously optimistic, supported by improving economic indicators. Image: Goldman Sachs Global Investment Research
S&P 500 Level and EPS Driven by expectations of robust earnings per share growth, Goldman Sachs has set its 12-month S&P 500 price target at 6,300. Image: Goldman Sachs Global Investment Research
S&P 500 Blended EPS Analysts on Wall Street express optimism for the S&P 500 in 2025, forecasting 14.8% earnings growth amid a favorable macroeconomic landscape. Image: Bloomberg
S&P 500 Quarterly YoY EPS Growth Relative to Consensus Expectations The Q3 earnings season demonstrated the resilience of large U.S. companies in the face of economic challenges, with particularly strong showings from the technology sector. Image: Goldman Sachs Global Investment Research
Forward EPS YoY % Change vs. S&P 500 Annual Rate of Change Market performance tends to mirror annual earnings changes. With the U.S. economy expected to slow, earnings growth will likely decrease, potentially leading to reduced market growth rates. Image: Real Investment Advice
Difference Between Realized and Consensus Estimate of S&P 500 EPS While S&P 500 companies continue to beat EPS estimates, indicating underlying strength, recent data suggests this trend is moderating compared to previous quarters Image: Goldman Sachs Global Investment Research
S&P 500 Quarterly EPS While S&P 500 earnings growth has shown signs of peaking, the overall earnings picture remains robust, with solid growth rates and broadening strength across sectors. Image: Deutsche Bank Asset Allocation
S&P 500 EPS Estimates ex-Tech and Communications The S&P 500’s earnings growth is heavily dependent on the technology sector, highlighting the crucial role that tech companies play in driving overall corporate profits in the United States. Image: Bloomberg
S&P 500 EPS and Long-Term Trend in Earnings While political and tax policy changes can have short-term effects, the overall trajectory of U.S. corporate profitability remains largely unaffected in the long run. Image: Deutsche Bank Asset Allocation
Consensus Estimates EPS Growth Consensus estimates project a 14% growth in S&P 500 earnings per share for 2025, indicating a continued positive trend in corporate profits. Image: Goldman Sachs Global Investment Research
S&P 500 EPS – Potential U.S. Tax Impact on Earnings Per Share Donald Trump’s plan to cut the U.S. corporate tax rate from 21% to 15% could significantly impact S&P 500 earnings per share, potentially increasing EPS by 4% and improving profitability for many companies in the index. Image: BofA US Equity & Quant Strategy