S&P 500 earnings for June quarter expected to increase by 5.0%, with tech and finance sectors down
From Zacks Investment Research: 2025-07-02 21:18:00
The S&P 500 earnings for the June quarter are expected to increase by 5.0% from last year, with revenues up 4.0%. Tech and Finance sectors have seen cuts in estimates, while Aerospace, Utilities, and Consumer Discretionary have seen modest increases. JPMorgan, Wells Fargo, and Citigroup will begin reporting on July 15th, with earnings expected to decline. Despite subdued growth, these stocks have performed well in the market. Expectations for Q2 earnings growth have been affected by tariff uncertainty, with estimates adjusted lower for most sectors. Tech sector earnings are predicted to be up 12.1% in Q2.
Read more at Zacks Investment Research: Looking Ahead to Bank Earnings – July 2, 2025