• 11 months ago
S&P 500 earnings are expected to increase 11.1% overall in 2024 after rising a modest 3.1% last year, according to analysts' estimates compiled by LSEG. However, earnings growth needs to be strong enough to support current high stock valuations. The S&P 500 is trading at 19.8 times forward earnings estimates, above its long-term average of 15.6 times. Among the risks in 2024 are the lingering effects of higher interest rates on the economy and corporate earnings.
Transcript
00:00 It's Benzinga and here's what's on the block. S&P 500 earnings are expected to increase 11.1%
00:06 overall in 2024 after rising a modest 3.1% last year, according to analyst estimates compiled by
00:13 LSUG. However, earnings growth needs to be strong enough to support current high stock valuations.
00:19 The S&P 500 is trading at 19.8x forward earnings estimates, above its long-term average of 15.6x.
00:27 Among risks in 2024 are the lingering effects of higher interest rates on the economy and
00:32 corporate earnings. Profit estimates could also weaken if economic growth slows more than expected.
00:37 For all things money, visit Benzinga.com.

Recommended

0:30
I
Up next
Stock Prices Expected To Dampen
Benzinga
0:41
Zoom Shares Drop 4% Despite Beating Q3 Estimates With Earnings and Revenue Topping Forecasts
Benzinga
0:39
Workday Shares Drop 11% After Weak Q4 Forecast, Eyes U.S. Government Expansion For Future Growth.
Benzinga
0:43
Tesla Stock Soars 22% After Earnings Beat, Posting Best Day In Over A Decade
Benzinga
0:36
Palo Alto Networks Reports Strong Earnings but Cuts Billings and Revenue Growth Forecast
Benzinga
0:43
Evercore ISI's Julian Emanuel Raises Year-End Forecast for S&P 500 to 6,000, Driven by AI and Optimisim of Economic Recovery
Benzinga
1:01
Snap's Q1 Results Miss Analysts' Expectations, Shares Fall 20%
Benzinga
0:34
Nvidia Set to Release Q1 Earnings: Analysts Predict Significant Growth, But Signs of Slowing Momentum
Benzinga
0:37
Intuit Shares Drop 6% After Revenue Forecast Misses Expectations Amid Delayed Sales
Benzinga
0:35
DocuSign Beats Revenue, EPS Estimates in Q3
Benzinga
0:23
Stocks Are Courting a Nasty Surprise on Earnings - 1breakingnews.com
1BN
0:45
Adobe Shares Drop 14% as Revenue Guidance Misses Expectations for Fiscal Q1. Analysts Share Mixed Reactions.
Benzinga
0:35
HelloFresh Shares Surge 11% After Beating Earnings Estimates, Propelled by Its Ready-to-Eat Meal Delivery.
Benzinga
0:34
Megacap Tech, Post-Election Rally Propel S&P 500 Toward Record Annual Growth Rising 24% YTD
Benzinga
0:33
Goldman Sachs: S&P 500 Could Rise Another 7%
Wochit
0:32
DoorDash Exceeds Revenue Expectations in Q2 Performance, Sees Surge in Total Orders
Benzinga
0:40
Pinterest Shares Drop 15% on Weak Q4 Outlook Despite Beating Q3 Earnings Estimates
Benzinga
0:37
Oracle Shares Fall 7% After Q2 Misses Estimates, Raises 2026 Revenue Guidance
Benzinga
1:04
Why Palantir Technologies Shares Are Falling
Benzinga
1:02
Global Stocks Pressured After Fed Statement
Wibbitz Top Stories
0:31
AMD Shares Rebound After Chipmaker Posts Q2 Beat, Guidance Tops Expectations: CEO Lisa Su Says AI Business Accelerating
Benzinga
0:48
Inflation Slows More Expected To 3% In June, Heightens Expectations For Rate Cuts: Treasury Yields Tumble
Benzinga
0:32
Lowe's Q1 2024 Earnings Beat Expectations Despite Cooling Housing Market
Benzinga
2:34
Should you buy CrowdStrike stock? May 2023
Bullish Studio
0:45
Snowflake Shares Skyrocket 32%, Achieving Best Day Since IPO After Beating Q3 Estimates
Benzinga