Earnings Scoreboard: 100% of S&P 500 early reporters beat EPS estimates as Y/Y growth hits 26 firms

S&P 500 early earnings reports showed broad strength, with all 31 companies beating EPS estimates and 26 delivering year-over-year earnings growth. Revenue also beat expectations in 26 cases, led by banks and AI/infrastructure-related names. Big banks such as Bank of America, JPMorgan, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley generally topped consensus, though several stocks sold off on expense, margin, or guidance concerns. BlackRock stood out with record net inflows, while Abbott and GE Aerospace raised outlooks. Netflix was a notable disappointment after a mixed quarter and softer guidance, weighing on shares. The article frames the season as supportive for the U.S. economy and constructive for equities overall, but also highlights that strong beats are not always translating into stock gains when forward guidance is cautious.