Earnings Per Share (EPS) Forward Estimates
According to YCharts, the S&P?500 forward EPS estimates show a significant rise from $57.69 at the end of 2024 to $64.41 by December 31, 2025 Reuters+14YCharts+14J.P. Morgan+14. That’s a clear increase in earnings expectations over that period.
Analyst Consensus & Projections
Several financial institutions and research providers project EPS growth for 2025:
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J.P. Morgan (Jan 2025) expects EPS growth of 14% year-over-year in 2025, with profit margins reaching a multi?decade high J.P. Morgan.
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LPL Research (Mar 2025) estimates S&P?500 EPS in 2025 at $260, up 8–9% over 2024, though noting consensus expectations of around 12% growth RBC Wealth Management+5LPL Financial+5GS Publishing+5.
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DWS Investment (Aug 2025) puts the bottom?up consensus EPS estimate for 2025 at $269.11, again suggesting year-over-year growth DWS.
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Goldman Sachs (July 2025) maintains EPS growth projections at 7% for both 2025 and 2026, signaling continued growth au.finance.yahoo.com+5Goldman Sachs+5GS Publishing+5.
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RBC Wealth Management (Feb 2025) reports Bloomberg’s consensus of $246 EPS for 2024 (+9.4% y/y) and $271 EPS for 2025 (+10.4% y/y) RBC Wealth Management+1.
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Yardeni QuickTakes (Mar 2025) however trimmed its forecasts to $260 for 2025 (down from $275) and $300 for 2026, still signaling an upward trend year-over-year Yardeni QuickTakes.
