Updated
Updated · fundstratdirect.com · Jun 5
S&P 500 Firms Post 82% 1Q Beat Rate as EPS Growth Reaches 29%
Updated
Updated · fundstratdirect.com · Jun 5

S&P 500 Firms Post 82% 1Q Beat Rate as EPS Growth Reaches 29%

2 articles · Updated · fundstratdirect.com · Jun 5

Summary

  • 82% of S&P 500 companies beat first-quarter 2026 estimates, with results topping forecasts by 16% overall in one of the strongest earnings seasons in several years.
  • 29% earnings-per-share growth across the index helped underpin the rally since late March, which Fundstrat said has been driven by stronger profits and improving fundamental visibility.
  • The S&P 500 was roughly flat for the week as of early June but remained up 11% year to date, suggesting the market has held recent gains after earnings season ended.
  • June attention is now shifting from completed first-quarter results to upcoming market catalysts, including a possible SpaceX IPO and the first meeting involving Fed Chair Warsh.

Insights

Is SpaceX's record $1.75 trillion IPO a visionary bet on AI or a bubble fueled by its profitable Starlink business?
Amid persistent inflation, can new Fed Chair Warsh deliver expected rate cuts without rattling markets with his no-guidance policy?