S&P 500 Q2 Earnings Beats Hit 5-Year Highs as Growth Accelerates

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3▲5 ▼0Impact / 5
Summary · why it matters

S&P 500 companies are delivering the strongest earnings beats in five years for the second quarter. For the 81 index members that have reported so far, total earnings are up 40.6% from a year ago on 13.3% higher revenues, with 91.4% beating EPS estimates and 81.5% beating revenue estimates. The beat rates match the 5-year high from 2021 Q3, and the growth rates have been boosted by Micron's very strong results. Excluding Micron, Q2 earnings for the remaining 80 companies would be up 20.5% on 9.9% higher revenues. Companies across diverse industries, including General Motors, AT&T, Wabtec, and CME Group, are topping consensus estimates, and management commentary continues to signal underlying demand and operational resilience.

Impact on assets 5

Semiconductors▲ · 1 stocks
Micron Technology Inc
MU
▲ PositiveCapitalrelevance

Micron's very strong results are cited as boosting overall S&P 500 earnings growth, highlighting its earnings beat.

Carbon Removal (DAC)▲ · 1 stocks
CME Group Inc
CME
▲ PositiveCapitalrelevance

CME Group is mentioned as one of the companies topping consensus estimates, indicating strong earnings performance.

Electrification & Mobility▲ · 1 stocks
General Motors Company
GM
▲ PositiveCapitalrelevance

General Motors is mentioned as one of the companies topping consensus estimates, indicating strong earnings performance.

Cloud & Digital Infrastructure▲ · 1 stocks
AT&T Inc.
T
▲ PositiveCapitalrelevance

AT&T is mentioned as one of the companies topping consensus estimates, indicating strong earnings performance.

Industrials▲ · 1 stocks