S&P 500 Profit Growth Forecasts Rise to 27.8 Percent
Analysts expect S&P 500 profits to grow 27.8% this quarter after strong results from Apple and other tech firms. This is the highest growth rate since 2021.
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United States S&P 500 earnings are projected to grow 27.8% in the first quarter following a surge in megacap technology results. This growth marks the strongest quarterly performance since late 2021, up from a 16.1% forecast issued last week. Resilient corporate profits provide a valuation floor for investors despite high energy costs and geopolitical instability in Iran.
