S&P 500 Q2 EPS expected at $81.21, a record high
Earnings season starts with high stakes, as the S&P 500 averaged 7,499 in Q2, up nearly 15% from Q1.
The Q2 preview sees S&P 500 Q2 EPS at $81.21, a fresh record high and +23% y/y.
Energy earnings are expected up 122% y/y, while Health Care is seen contracting 8.7%.
Consensus has Q2 margins at 14.85%, a notch below Q1’s record 15.4%, despite $90+ oil.