Bloomberg Intelligence's 'Equity Market Minute' 7/13/2023

Gina Martin Adams from Bloomberg Intelligence discusses the S&P 500's second quarter earnings season. Analysts expect a 9% drop in EPS year-over-year, but this may not be the key statistic to watch. Excluding major constituents and the energy sector, a 5.5% drop is anticipated. However, a robust recovery is expected post-second quarter, contingent on margin improvements. The video highlights the importance of margins and the potential for earnings recovery in 2024.

What is the expected year-over-year change in EPS for the S&P 500 according to analysts?

• No change

• A 5% increase

• A 9% drop

• A 9% increase

Which group is expected to see a 16% increase in earnings?

• Healthcare sector

• Biggest constituents

• Energy sector

• Technology sector

What is the anticipated change in EPS for the energy sector?

• 50% decline

• 25% decline

• No change

• 50% increase

What is the expected trend for the core group of companies after the second quarter?

• Minor recovery

• Robust recovery

• Stagnation

• Continued decline

What is crucial for the anticipated earnings recovery in 2024?

• Cost reductions

• Margin improvements

• Market expansion

• Revenue growth