Record-High Number of S&P 500 Companies Issuing Positive EPS and Sales Guidance for Q1

Heading into the end of the first quarter, 94 S&P 500 companies have issued EPS guidance for the quarter. This number is below the five-year average of 101. Of these 94 companies, 34 have issued negative EPS guidance and 60 have issued positive EPS guidance. The number of companies issuing negative EPS guidance is well below the five-year average of 66, while the number of companies issuing positive EPS guidance is well above the five-year average of 35.