From Nasdaq: 2025-05-28 18:20:00

Total S&P 500 earnings for the June quarter are expected to be up +5.5% from the same period last year on +3.8% higher revenues, with pressure on estimates compared to recent periods. Q1 earnings cycle has ended for 9 of 16 Zacks sectors, with 74.2% beating EPS estimates and 62.9% beating revenue estimates.

Q2 earnings estimates for 15 of 16 Zacks sectors have decreased, with only Aerospace seeing higher estimates. Retail sector companies saw +11.2% earnings growth in Q1, with 60.7% beating EPS estimates. However, excluding Amazon, earnings growth drops to -5.0%.

Retail sector margins outside of Amazon have been decreasing since 2021, with expectations for a recovery going forward. Q2 earnings for the S&P 500 index are expected to increase by +5.5% from last year, but estimates have been lowered for 15 sectors, including Tech and Finance.

Tech sector earnings are expected to be up +11.9% in Q2 on +9.9% higher revenues, with stabilized revisions. Despite tariff uncertainty, tech sector estimates for full-year 2025 have stabilized. Tech sector accounts for almost a third of all S&P 500 earnings.



Read more at Nasdaq:: Analyzing the Current Earnings Outlook