LIVE MARKETS-Estimated US profit growth edges up even as war concerns do
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ESTIMATED US PROFIT GROWTH EDGES UP EVEN AS WAR CONCERNS DO
Estimated earnings growth for S&P 500 companies .SPX has moved up this week even as more companies have expressed concern about higher oil prices and other impacts of the war in Iran.
Based on results from 123 S&P 500 companies as of Thursday morning and estimates for the rest, earnings growth is expected at 15.6%, according to Tajinder Dhillon, head of earnings research at LSEG.
That's up from 14.4% as of Friday.
About 82% of companies that have reported earnings have beaten analyst expectations, Dhillon said.
Earnings growth for all of 2026 is now estimated at 20.3%, which is on track to be the highest growth since 52.4% in 2021 or since 24.1% in 2018 if one excludes the 2021 post-pandemic-related jump in earnings, Dhillon said.
(Caroline Valetkevitch)
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