Estimated S&P 500 Q1 profit growth jumps vs a wk ago; Q2 forecast falls further
NEW YORK (Reuters) -Estimated earnings growth for S&P 500 companies for the first quarter of the year has jumped in the latest week, while the forecast for second-quarter earnings fell further, according to LSEG Thursday. Thanks in part to upbeat results from big tech-related names including Microsoft, year-over-year S&P 500 earnings growth for the first quarter of 2025 is now seen at 12.9%, up from 8.9% a week ago. The latest forecast is based on results from 325 of the S&P 500 companies and estimates for the rest.