A positive outlook as Q2 earnings season gets underway
The post A positive outlook as Q2 earnings season gets underway appeared on BitcoinEthereumNews.com. Here are the key points Total Q2 earnings for the S&P 500 index are currently expected to be up +24.0% from the same period last year on +11.3% higher revenues, with 11 of the 16 Zacks sectors expected to enjoy positive earnings growth. Excluding the significant upward revisions to Energy sector estimates, aggregate Q2 earnings estimates for the remainder of the S&P 500 index would still be in positive territory since the start of April. The Tech sector has been a critical growth pillar since 2023 Q3 and is expected to continue playing that role in 2026 Q2, with expected earnings growth of +48.5%. Excluding the Tech sector’s substantial contribution, Q2 earnings growth for the rest of the S&P 500 index would be +12.2% (vs. +24.0% otherwise). Q2 earnings for the ‘Magnificent 7’ group of companies are expected to be up +28.5% from the same period last year on +24.4% higher revenues. Exclu