Making Sense of the Evolving Earnings Picture

Aggregate Q2 earnings estimates for the non-Energy portion of the S&P 500 remain in positive territory even after excluding the sizeable upward revisions in Energy. The update suggests broad-based estimate revision momentum has stayed constructive since the start of April, though the article provides no company-specific earnings results or price-moving catalyst.

Analysis

Aggregate Q2 earnings estimates for the non-Energy portion of the S&P 500 remain in positive territory even after excluding the sizeable upward revisions in Energy. The update suggests broad-based estimate revision momentum has stayed constructive since the start of April, though the article provides no company-specific earnings results or price-moving catalyst.