Most S&P 500 companies have reported strong earnings per share (EPS) for the current earnings season, beating market expectations by a large margin, according to FactSet, which monitors the 2024 fourth-quarter earnings reporting season, with more than three quarters of companies having issued their reports.
As of Feb. 14, 77 percent of the S&P 500 member companies have released earnings reports for the fourth quarter of 2024. Of these companies, 76 percent have reported actual EPS above estimates, below the five-year average of 77 percent but above the 10-year average of 75 percent.