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2026-09-23

S&P 500 Operating EPS Runs ~50% Above Its Long-Term Trend, With 2027 Estimated at $385

S&P 500 Operating EPS Runs ~50% Above Its Long-Term Trend, With 2027 Estimated at $385

Key points

S&P 500 operating EPS versus its long-term ~6% growth trend, 2014-2027E | Consensus of ~$340 in 2026 and ~$385 in 2027 sits about 50% above trend

Image source: @tomoyaasakura