Index earnings expectations for US and Europe

As Q1 earnings season gets under way, below we review the current consensus estimates for the US (S&P 500) and Europe (Stoxx 600).

U.S.

The table below shows the current bottom-up consensus estimates for the S&P 500 for Q1, Q2, and Q3 of this year.

It also shows the percentage change in each quarterly estimate from one month ago, and the expected percent growth in earnings from the year-ago quarter.