S&P 500 Earnings: A Broken Record - Positive Revisions, Revenue Growth Worth Noting Again

The forward 4-quarter S&P 500 EPS estimate rose to $342.49 from $340.96, indicating another week of upward earnings revisions. The forward P/E stayed unchanged at 20.9x, while the S&P 500 earnings yield also held steady at 4.78%. The data point is mildly constructive for index fundamentals but remains largely a routine weekly valuation update.

Analysis

The forward 4-quarter S&P 500 EPS estimate rose to $342.49 from $340.96, indicating another week of upward earnings revisions. The forward P/E stayed unchanged at 20.9x, while the S&P 500 earnings yield also held steady at 4.78%. The data point is mildly constructive for index fundamentals but remains largely a routine weekly valuation update.