Apr 20, 12:53 PM

Only 12% of S&P 500 Report Q1 Earnings With 71% Beating EPS by 5%, BofA Notes Lower Market Impact Amid Tariff Uncertainty

As of mid-April 2025, approximately 12% of S&P 500 companies have reported their first-quarter earnings. According to FactSet data, 71% of these companies have posted earnings per share (EPS) above Wall Street estimates, though this figure is below the five-year average of 77%. The companies that beat EPS estimates are doing so by a median margin of 5%. Year-over-year revenue growth for the S&P 500 in Q1 stands at 4.3%, slightly below the projected 4.4%. Bank of America noted that companies surpassing both EPS and sales expectations have outperformed the S&P 500 by 0.5 percentage points the following day, which is below the historical average of 1.5 percentage points. This suggests that first-quarter results may have less impact on market performance amid ongoing uncertainties, including concerns over tariffs.

#FactSet #Wall Street #Bank of America

Written with ChatGPT (GPT-4).

Only 12% of S&P 500 Report Q1 Earnings With 71% Beating EPS by 5%, BofA Notes Lower Market Impact Amid Tariff Uncertainty

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