U.S. companies are heading into the Q2 earnings season with high expectations from investors. The S&P 500 has broken records ahead of bank reports, and companies are poised to post some of their best year-over-year earnings growth since 2022. Major banks like JPMorgan are set to report their earnings, with other significant companies like Nvidia and Microsoft also under scrutiny. The earnings season officially starts on July 15, 2024, with key reports expected from companies such as Netflix, American Express, and Goldman Sachs. Analysts predict a high EPS growth rate, with 81% of companies that have reported so far beating their EPS estimates. The blended EPS growth rate is expected to be 9.3%, up from 8.9% on June 30, marking the highest since Q1 2022.