Wall Street Sees Rare Earnings Growth Supporting S&P’s Bull Case
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Memo to skeptics waiting for Corporate America’s growth engine to stall out: There’s still fuel in the tank. Such is the message from sell-side analysts, whose aggregated bottom-up price targets suggest the pace of income growth in the S&P 500 Index will accelerate each year through 2027, data compiled by Jefferies show. That would translate into three consecutive years of double-digit earnings expansion, a rare development that’s historically coincided with above-average returns in the S&P 500.