Bloomberg Surveillance · Monday, August 3, 2026
The S&P 500 earnings season is off to a strong start, with a high percentage of companies beating both earnings and revenue expectations. Ten out of eleven sectors are showing year-over-year growth in earnings, with eight experiencing double-digit growth. Overall earnings growth for the quarter is now projected at around 47%, significantly exceeding initial expectations.
“Yeah, absolutely, we're off to another really strong start for this earning season. We have eighty six percent of companies are beating on earnings, seventy seven percent are beating on revenues.”
“You have ten of eleven sectors that. Have year over year growth in earnings, and eight of those have double digit growth.”
“So we're really pleased to continue seeing that the strength is still there.”