S&P 500 Earnings: Estimated EPS And Revenue Growth Rate Improvements Are Remarkable

There has been an improvement in Q2 '25 EPS and revenue growth rates expected by the end of September '25, and for Q3 '25 and Q4 '25 as well. The sell-side analysts keep underestimating consensus growth rates - and not by a little, either. The upside surprise for S&P 500 EPS is a whopping 8.8% as of Friday, August 8th, while revenue “upside surprise” is even more impressive at +2.8%.