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S&P 500 Expected to Grow Earnings by 11% Year-Over-Year in 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

  1. 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%.
  2. The top 3 growth sectors have nearly a 50% weight in the S&P 500 Index
  3. The S&P 500 as a whole is expected to see yoy earning's growth of 11%
S&P 500 Expected to Grow Earnings by 11% Year-Over-Year in 2024 - Voronoi