Chart Of The Week   August 1 2023

What Will Be The Key Drivers Of A US Earnings Rebound?

It is widely expected by consensus that earnings growth will rebound into the year-end and into 2024. Multiple factors will drive the reacceleration in earnings growth. However, a 17% share is not the best the group can do – this is nothing compared to the cohort’s pandemic peak share of almost 25%. These companies are about to claw back some of these declines, enjoying easier comparables, and propping up the overall earnings growth of the index.