Overview
- - FactSet projects first‑quarter S&P 500 earnings growth of up to 19%, which would be the fastest pace since late 2021 for the index of large U.S. companies.
- - Financials set the early tone, with the sector expected to grow earnings by 15.1% as Goldman Sachs reported a 19% profit jump that beat forecasts and marked its best quarter since early 2021.
- - Energy results are a key watch after oil prices spiked when the Strait of Hormuz was closed, and Chevron is slated to report on May 1.
- - Technology reports later in April will test the payoff from heavy spending on data centers and AI, with Intel up about 77% this year ahead of its April 23 report.
- - In Europe, analysts expect only 2.8% earnings growth for STOXX 600 companies, with most gains driven by energy majors as higher crude prices lift that sector.