(Photo by Scott Olson/Getty Images) Getty ImagesJohn Butters, Senior Earnings Analyst at FactSet, publishes a weekly analysis of the S&P 500 company’s earnings and revenue results in total and by industry which anyone can sign up for. S&P 500 Index StockCharts.comThe Nasdaq has been weaker than the S&P 500 as it has fallen 2.2% from its April 16 close and is down 2.8% from its all-time high of 14,139 on April 26. Earnings beats are significantly above averageAs of the week ending May 21, the latest report from Butters, 95% of the S&P 500 companies had reported first quarter results. Analysts also expect double-digit earnings growth for the remaining three quarters of 2021. The forward 12-month PE ratio for the S&P 500 is 21.2x, which is above the 5-year average of 18x and the 10-year average of 16x.

Source: Forbes May 31, 2021 12:22 UTC