Editor's Note: Below is a brief excerpt from this week's edition of Market Edges, our weekly macro newsletter. Click here to learn more about Market Edges.
Let’s dig into Q417 Earnings Season update data:
- S&P 500: 133 companies have reported aggregate year-over-year EPS growth of +10.9%;
- NASDAQ 100: 25 companies have reported aggregate year-over-year EPS growth of +34.1%;
- Russell 2000: 259 companies have reported aggregate year-over-year EPS growth of +21.7%.
- Sales growth trends may be the ultimate, pure-play growth accelerating indicator. Running at +8.0% Y/Y, aggregate sales growth for the S&P 500 has so far beat estimates by 1.2%.
Our call on U.S. #GrowthAccelerating remains firmly intact.
Subscribe to Market Edges to understand the investing takeaways.
