Behind the Numbers: S&P 500 Earnings Breakdown | Episode 068 | 11-07-23

Markets with Megan: A Quick Financial Markets Update · Nov 7, 2023 · 2m · transcript

In the latest episode of Markets with Megan, Chief Investment Officer, Megan Horneman discusses the positive turn in the third-quarter S&P 500 earnings season, with a 5.7% earnings growth. She talks about which sectors are leading the charge and why this might be good news for the equity market. Megan also shares insights on the common practice of companies lowering expectations before earnings season, leading to many surpassing their estimates. However, Megan mentions concerns about the future, as earnings estimates for 2024 and 2025 remain unchanged, despite the possibility of a recession…