Earnings Mean Reversion: When Estimates Snap Back
· seekingalpha.com
Analysts began 2026 expecting S&P 500 earnings to grow about 15%. By Q2 end, that had been ratcheted up to roughly 24%, with 2027 and 2028 estimates drifting higher right behind it.
After having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty muc...