89% of companies in the S&P 500 have reported and earnings continue to show remarkable growth. **8.0% YoY and 25.4% vs. Q4**!

Edit: being downvoted hard! people reaaally want negative news right now only!

https://i.imgur.com/59YZjtz.png

After earnings tumbled -27% over 4 quarters, the S&P 500 is beginning to show signs that a profound "earnings recession" has finally come to an end and reversing course. According to Standard & Poor's published earnings for their index:

  • 2023 Q1 vs. 2022 Q1 EPS grew 8.0%

  • 2023 Q1 vs 2022 Q4 EPS grew 25.4%

Does this make a soft-landing increasingly plausible given a mild recession? Markets tend to bottom way before earnings do and that may explain the drop in June and October. If the Fed pauses while earnings remain stable, could that spark a new bull market next year?

submitted by /u/bullsarethegoodguys
[link] [comments] https://www.reddit.com/r/stocks/comments/13fyzn3/89_of_companies_in_the_sp_500_have_reported_and/
Created 2y | May 13, 2023, 12:20:46 AM


Login to add comment

Other posts in this group

Rate My Portfolio - r/Stocks Quarterly Thread September 2023

Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.

Why quarterly? Public comp

Oct 21, 2023, 1:20:16 AM | reddit stocks
Tax planning when selling one stock to buy another stock?

When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to

Oct 18, 2023, 6:20:11 AM | reddit stocks
Retirement Planning's-3 stocks could help power your investment portfolio and make you wealthier by retirement.

Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec

Oct 18, 2023, 1:51:00 AM | reddit stocks
r/Stocks Daily Discussion Monday - Oct 16, 2023

These daily discussions run from Monday to Friday including during our themed posts.

Some helpful links:

Oct 18, 2023, 1:50:58 AM | reddit stocks
Discovery Financial Services (DFS). Any good ?

I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co

Oct 18, 2023, 1:50:56 AM | reddit stocks
Tax implications of selling one etf for a dividend etf?

Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g

Oct 18, 2023, 1:50:53 AM | reddit stocks
Crocs Stock Analysis (CROX)

Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate

Oct 18, 2023, 1:50:51 AM | reddit stocks