S&P 500 Earnings Growth Rate for Q1 Is Now More Than Double the Estimate on March 31

S&P 500 Earnings Growth Rate for Q1 Is Now More Than Double the Estimate on March 31

As of today, the blended (combines actual results for companies that have reported and estimated results for companies that have yet to report) earnings growth rate for the S&P 500 for the first quarter is 49.4%, which is more than double the estimated earnings growth rate of 23.8% at the end of the first quarter (March 31). If 49.4% is the actual growth rate for the first quarter, it will mark the highest year-over-year earnings growth rate reported by the index since Q1 2010 (55.4%).