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Mar 04 2024

A Small Bump In EPS With Latest Q4 Reports

  • Mar 4, 2024

On its face, the second month of Q4 reporting was much more positive than the first. After sagging in January, the S&P 500 bottom-up EPS estimate rose back to $54—almost exactly where it stood before Q4 announcements got underway (Chart 1). With just a few stragglers left to report, full-year 2023 EPS will come in at $214. That’s almost 9% better than 2022’s final result.


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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager

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