So far this earnings season about a fourth of companies in the S&P 500 have reported second-quarter results. Of the firms that have reported, 76% have topped earnings expectations while 62% have beaten revenue estimates, according to Refinitiv.
According to the blended growth rate, which includes companies that have reported and have yet to share results, earnings are expected to fall 7.7% from a year ago. The energy sector is expected to see the largest decline. $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$

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