Zacks Director of Research, Sheraz Mian, reports a positive Q2 earnings season with an above-average number of companies beating estimates. Total earnings for 117 S&P 500 companies are up +8.3% from last year, with 87.2% beating EPS estimates. The positive trend is reversing earlier negative revisions, particularly in sectors like Finance, Tech, and Energy. Tech sector Q3 earnings are expected to rise +6.8%. Notable companies like Meta and Nvidia are showing steady uptrends in Q3 estimates. The positive results have pushed overall S&P 500 earnings growth expectation to +6.9%, signaling a promising trend for the market.
Read more at Zacks Investment Research: Zacks Earnings Trends Highlights: Meta Platforms and Nvidia – July 24, 2025
