On the Radar: What are the key takeaways from Q1 earnings results?

With 99% of companies now reported, Q1 S&P 500 EPS growth is tracking a tremendous 52.4% year-over-year increase and more than double the expectation when earnings season began. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

What are the key takeaways from Q1 earnings results? With 99% of companies now reported, Q1 S&P 500 EPS growth is tracking a tremendous 52.4% year-over-year increase and more than double the expectation when earnings season began. Keep in mind the average upside surprise going back to 2010 is a mere 6%. Just as impressive, revenue is on track to grow 10.8%, four percentage points above the March 31 estimate and the most upside FactSet has ever recorded. Read more on CNR.com Also in This Edition Without another $1,400 stimulus check, did income and spending increase in April? What is CNR's view on the recent economic data? How strong was the recent labor report? On the Radar is a biweekly publication providing quick and concise answers to the topical investment and economic questions that are on investors' minds. Investment management services provided by City National Bank through its wholly-owned subsidiary City National Rochdale, LLC, a registered investment advisor. City National Bank Member FDIC. Investment Products are: • not insured by the FDIC. • not a deposit or other obligation of, or guaranteed by, the bank. • subject to investment risks, including possible loss of the principal amount invested. Unsubscribe from On The Radar  |  Update preferences This message has been sent to bank@banking.offers.report. Please do not reply to this email. To ensure the delivery of future emails, please add email@emails.cnb.com to your email address book or safe sender list. Copyright © 2021 City National Bank – All Rights Reserved. 555 South Flower Street, 17th Floor, Los Angeles, CA 90071 City National Bank is a subsidiary of Royal Bank of Canada. Terms & Conditions  |  Privacy Statement City National Bank Member FDIC.