From TokenPost · · 50s
S&P 500's 493 Companies Outgrow Magnificent Seven
S&P 500's 493 companies projected to outpace Magnificent Seven in Q4 earnings growth.
In brief
S&P 500's 493 companies projected to outpace Magnificent Seven in Q4 earnings growth. S&P 500's 493 companies outside the Magnificent Seven are forecast to deliver 30.6% year-over-year earnings growth in Q4, surpassing the group's 23.6% growth. Originally reported by TokenPost.
Q4 Earnings Forecast
S&P 500's 493 companies outside the Magnificent Seven are projected to deliver stronger year-over-year earnings growth in the fourth quarter, a lead they have not held since the fourth quarter of 2022.
Q4 Growth Comparison
Earnings for the 493 companies are forecast to rise 30.6% from a year earlier, compared with 23.6% for the Magnificent Seven.
Third-Quarter Contrast
The third-quarter picture runs the other way. The seven are estimated to post 33.2% earnings growth, ahead of 27.7% for the rest of the index.
The one thing
S&P 500's 493 companies outside the Magnificent Seven are forecast to deliver 30.6% year-over-year earnings growth in Q4, surpassing the group's 23.6% growth.
