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July 5, 2024

This Week in Earnings 24Q2 | July. 5, 2024

by Tajinder Dhillon.

To download the full This Week in Earnings report click here.

Please note: if you use our earnings data, please source “LSEG I/B/E/S”

Aggregate Estimates and Revisions

  • 24Q2 Y/Y earnings are expected to be 10.1%. Excluding the energy sector, the Y/Y earnings estimate is 10.0%.
  • Of the 19 companies in the S&P 500 that have reported earnings to date for 24Q2, 84.2% have reported earnings above analyst estimates. This compares to a long-term average of 66.8% and prior four quarter average of 79.0%.
  • During the week of July 8, eight S&P 500 companies are expected to report quarterly earnings.

LSEG Workspace offers a powerful combination of content, analytics and tools for better investment research, find out more.

Interested in learning how you can use the StarMine SmartEstimate® and Predicted Surprise® to avoid earnings misses and find earnings beats? Learn more here.

Each week the StarMine Earnings Surprise Forecast is published as part of the This Week in Earnings report. The forecast shows the S&P 500 companies with significant positive and negative Predicted Surprises expected to report over the next two weeks. Don’t be surprised when your holdings show up in This Week in Earnings, learn how to use LSEG Workspace’s Screener app to see these companies ahead of publication here.

LSEG Workspace is a complete solution for research and analytics. It places the most comprehensive market information, news, analytics and trading tools available into a desktop.

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