S&P 500 Q2 Earnings Beats Hit 5-Year Highs as Growth Accelerates

The article says S&P 500 Q2 earnings season is off to a very strong start, with early reporters delivering unusually high beat rates and rapid growth. Among the 81 companies reported so far, aggregate earnings are up 40.6% year over year on 13.3% revenue growth, while 91.4% beat EPS estimates and 81.5% beat revenue estimates. Even excluding Micron’s outsized contribution, results still show solid double-digit earnings and revenue growth. The piece highlights that analysts had already raised estimates before the quarter, making the strong beats more meaningful and supportive of the broader market’s earnings backdrop. It also notes that full-year 2026 estimates have been rising across most sectors, which could further support equity sentiment if management guidance remains positive.