5 Blue-Chip Stocks Set to Beat on Earnings Results This Month

We are in the initial stage of the first-quarter 2024 earnings season, and the results are so far in line with expectations. As of Apr 17, 48 companies on the S&P 500 Index have reported their financial numbers. Total earnings for these 48 index members are up 9.5% from the same period last year on 4.5% higher revenues, with 77.1% beating EPS estimates and 64.6% beating revenue estimates.At present, total earnings of the S&P 500 Index in first-quarter 2024 are expected to be up 2.9% on 3.8% higher revenues. ...