S&P 500 Industrials Crush EPS with 19/23 Beats as 82% Early Rate Holds Strong

S&P 500 Q1 earnings shine on April 25, with 82% of 91 early reporters beating EPS amid industrial strength—19 of 23 firms topped estimates, fueled by aerospace and defense demand. This builds on April 22's 89% beat rate from 70 companies (14% of index), when the S&P 500 hit 7,122.34 (+0.83%). Key wins from GE Aerospace, Tesla, Intel and Blackstone in capital markets and AI infrastructure lift sentiment ahead of mega-cap tech wave, with XLI up 12.2% YTD vs. S&P 500's 3.8%.