Markets
S&P 500 Expected to Grow Earnings by 11% Year-Over-Year in 2024
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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%
Dataset
S&P 500 Sector | Earnings Growth Forecast (2024, %, YoY) |
---|---|
Communication Services | 21 |
Information Technology | 19 |
Consumer Discretionary | 13 |
Financials | 13 |
S&P 500 | 11 |
Utilities | 9 |
Health Care | 9 |
Industrials | 6 |
Consumer Staples | 4 |
Real Estate | 4 |
Materials | -1 |
Energy | -6 |
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