News › Markets  ·  27 Aug 2026, 7:40 PM IST  ·  4 days ago

US earnings cycle no longer carried by Mag7 as profits spread across S&P 500

Bias: Neutral 0

In one line — US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger revenue growth, margin expansion and upgrades across sectors suggest the next market p

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Source: Economic Times · AI-summarised by Anadi · Updated 27 Aug 2026, 8:35 PM IST

What Happened

US earnings momentum is broadening beyond the Magnificent 7, with S&P 500 CY27 EPS estimates rising nearly 22% year-on-year. Stronger revenue growth, margin expansion and upgrades across sectors suggest the next market phase could feature wider earnings participation.