May 29, 2024
S&P 500 Expected to Grow Earnings by 11% Year-Over-Year in 2024
The Chart
This chart shows S&P 500 earnings growth projections for 2024, broken down by sector. The data comes from FactSet.
3 Things to Know
- Technology and communications are expected to lead the way in earnings growth this year. On the flip side, Energy is expected to drop by –6%.
- The top 3 growth sectors have nearly a 50% weight in the S&P 500 Index
- The S&P 500 as a whole is expected to see yoy earning's growth of 11%