S&P 500 earnings are expected to increase 11.1% overall in 2024 after rising a modest 3.1% last year, according to analysts' estimates compiled by LSEG. However, earnings growth needs to be strong enough to support current high stock valuations. The S&P 500 is trading at 19.8 times forward earnings estimates, above its long-term average of 15.6 times. Among the risks in 2024 are the lingering effects of higher interest rates on the economy and corporate earnings.
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00:00 It's Benzinga and here's what's on the block. S&P 500 earnings are expected to increase 11.1%
00:06 overall in 2024 after rising a modest 3.1% last year, according to analyst estimates compiled by
00:13 LSUG. However, earnings growth needs to be strong enough to support current high stock valuations.
00:19 The S&P 500 is trading at 19.8x forward earnings estimates, above its long-term average of 15.6x.
00:27 Among risks in 2024 are the lingering effects of higher interest rates on the economy and
00:32 corporate earnings. Profit estimates could also weaken if economic growth slows more than expected.
00:37 For all things money, visit Benzinga.com.