The Q2 earnings reporting cycle has begun with focus on trade, lowered forecasts, sector variations.

From Nasdaq: 2025-06-23 09:50:00

The Q2 earnings reporting cycle has begun, with JPMorgan Chase & Company leading the way mid-July. The impact of trade relations and tariffs will be a key focus, with uncertainty surrounding the market’s expectations.

S&P 500 Q2 earnings forecasts have been lowered, with most pointing towards mid-single-digit growth. The energy sector is expected to contract by over 25%, while the Information Technologies sector is forecasted to grow significantly, led by AI technology companies.

The biggest risk in the Q2 earnings cycle is negative guidance due to tariffs and trade impacts. The outlook for 2026 remains strong, but the risk of not being invested is tied to trade relations. Volatility is expected to remain high in the S&P 500, with a likelihood of setting a new high within the next twelve months.



Read more at Nasdaq:: What to Expect From the Q2 Earnings Reporting Cycle