Q2 earnings for S&P 500 expected to increase by 4.9%, tech sector earnings up 11.8%.

From Nasdaq: 2025-06-25 18:40:00

Q2 earnings for the S&P 500 are expected to increase by +4.9% with +3.9% higher revenues. Tech and Finance sectors have seen cuts in estimates, while Aerospace, Tech, and Consumer Discretionary sectors are expected to see double-digit earnings growth. Energy, Construction, and Autos sectors are expected to decline in earnings for Q2.

Estimates for Q2 earnings have come down for 13 of the 16 Zacks sectors, with Transportation, Autos, Energy, Construction, and Basic Materials experiencing the biggest declines. Tech sector earnings are expected to be up +11.8% in Q2, with stabilizing revisions trends. The Tech sector accounts for almost a third of all S&P 500 earnings.

Stocks have recovered from tariff-related losses, but macro uncertainty remains. Earnings estimates have been under pressure due to tariff uncertainty, with some dire economic projections easing. Visibility on tariffs will likely continue to impact earnings estimates in the near future.



Read more at Nasdaq:: A Closer Look at Q2 Earnings: What Can Investors Expect?