S&P500: Q3 Earnings

Posted on | by Leon Hinde | Leave a Comment on S&P500: Q3 Earnings

S&P 500 Q3 earnings increased for the first time since last year, with average EPS up 4% year over year. If energy is excluded, the result is more impressive at +10% growth.

S&P 500 EPS forecasts for the full year are $225, (largely the same as 2022), and in 2024 EPS growth is forecast to increase 5% to $237.

At 4500 points the S&P500 is trading at 20x forward EPS.