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S&P 500 earnings per share projected to grow 26 percent, Brian Sozzi notes
Brian Sozzi, reporter and analyst at Yahoo Finance, shares that the S&P 500 is on track for 26% earnings per share growth year over year during a strong earnings season.
This figure drops to 18% when excluding large one-time gains recognized by Amazon, Google, and Meta. The growth rate significantly exceeds consensus forecasts made on April 1, which anticipated just 12%.
Sozzi has previously addressed deal speculation involving major retail platforms. He questioned the rationale for EBay considering a buyout by GameStop in light of EBay’s renewed growth and collectibles strategy. In a separate report, he covered Deutsche Bank’s concerns about potential cost synergies and integration risks in a possible GameStop and EBay merger.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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