Earnings Scoreboard: 84% of S&P 500 reporting firms top EPS estimates as 72% post Y/Y profit growth

S&P 500 earnings season accelerated sharply, with 158 companies reporting and broad-based beats across profits and revenue. Of reporters, 132 beat EPS estimates and 123 beat sales estimates, while year-over-year growth was strong across both lines. The article highlights outsized reactions in mega-cap tech: Microsoft and Amazon rallied more than 15% each after strong cloud/AWS-driven results and upbeat guidance, while Apple and Meta sold off on weaker growth drivers, margins, or guidance. Qualcomm slipped on mixed results, and Boeing, PayPal, Ford, and AbbVie posted more selective gains after beats and/or raised outlooks. Overall, the earnings tape suggests resilient corporate demand and solid economic activity, but investor sentiment remains highly sensitive to guidance, capex plans, and profitability trends in large-cap names. Next week’s calendar remains packed, keeping focus on whether the current earnings strength can continue across consumer, healthcare, industrial, energy, and tech sectors.