S&P 500 Earnings Growth Reaches Five-Year High, 83% of Constituent Stocks Exceed Expectations

Bloomberg Intelligence data shows that the S&P 500 has had a strong earnings season, with profit growth momentum spreading from sectors related to artificial intelligence to a broader range of American businesses. Approximately 93% of index constituents have disclosed their performance, with 83% exceeding analyst expectations, making the proportion of overachievement the highest since 2021, and the overall profit growth rate is expected to hit a five-year high.