Total earnings for the 25 S&P 500 members reporting Q4 results are up +17.9% from last year, with +7.8% higher revenues. 88% beat EPS estimates, 72% beat revenue estimates. Earnings and revenue growth pace has accelerated, with EPS beats in line with the 20-quarter average. Revenue beats are tracking below average.

S&P 500 earnings expected to be up +8.5% in Q4 2025. Citigroup shares outperform peers due to restructuring plans. Market reaction to Q4 results from banking leaders like JPMorgan, Bank of America, and Citigroup has been disappointing. Management commentary indicates favorable credit quality trends and positive outlook for loan demand.

Tech sector plays a significant role in S&P 500, expected to bring 35.9% of total earnings over the next four quarters. The sector accounts for 43.1% of the index’s total market capitalization. Positive estimate revisions contribute to strong market support for Tech sector members. The outlook remains positive for 2025.

Read more at Nasdaq: Q4 Earnings Season Gets Off To a Solid Start