sp500 estimate earning growth surpised me

The estimated earnings growth for the S&P 500 as of today is 13.6% for the year-over-year (Y/Y) earnings. If the energy sector exclude, the Y/Y earnings estimate is 15.6%.  The q1 report were way above Street’s expectatioin. 488 companies reported earnings, 76% of them were above analyst expectations.

reported earning growth were much better than I initial thought, as well as the street.