From Zacks Investment Research: 2025-05-21 19:48:00

Total Q1 earnings for S&P 500 members up +11.5%, with 74.2% beating EPS estimates and 62.5% beating revenue estimates. Retail sector earnings up +11.5%, but drops to a decline of -5.2% without Amazon. Target falls short of estimates, losing ground to Walmart and Amazon. Q2 earnings for S&P 500 expected to increase by +5.5%. Tech sector earnings expected to be up +12.1% in Q2. Tech sector estimates for full-year 2025 stabilized. Overall earnings picture for S&P 500 on an annual basis remains steady. Tariff uncertainty continues to impact earnings estimates.



Read more at Zacks Investment Research: A Closer Look at Retail Earnings – May 21, 2025