As of April 10, 2025, 23 companies in the S&P 500 have reported earnings, with 16 providing forward guidance. Among these, two companies have either withdrawn their guidance or failed to update previous annual earnings per share (EPS) forecasts. In contrast, 10 out of the 14 companies that maintained or increased their annual EPS guidance during the same period. Analysts from Citi noted that more than half of the S&P 500 companies reporting earnings have upheld their guidance, while the remaining companies are evenly divided between those that have cut guidance and those that have raised it. The implied earnings moves for these companies are projected to be plus or minus 5.1%, marking the highest volatility in 13 years outside of the COVID-19 pandemic.