Mon - Fri 8:00am-4:45pm (216) 771-3450
Mon - Fri 8:00am-4:45pm (216) 771-3450

Day

December 14, 2022

Earnings estimates for 2023 are elevated compared to what has occurred in prior economic slowdowns.

The blended y/y earnings growth rate for the S&P 500 is estimated to come in at +5.8% for 2023. Analysts are forecasting a +36.0% jump in Consumer Discretionary earnings, followed by +14.2% in Financials, +13.9% in Industrials, and +10.2% in Communication Services. Energy, Materials, and Health Care are projected to have negative earnings growth at...
Read More