S&P 500 Earnings Report

Week of 06/01/20

Key Highlights
The following information is based on S&P Capital IQ consensus estimates that are derived from over 650 leading, third-party
investment analyst opinions, and are available on the S&P Capital IQ platform and through direct feeds.

 Six members of the S&P 500 are expected to report quarterly earnings this week, including Campbell Soup Co. and Broadcom
Inc. Four of those companies are expected to report year-over-year declines in earnings per share.

 Among the 11 S&P 500 sectors, five are expected to show year-over-year EPS gains for the first quarter, while six are
expected to report declines. The real estate sector is expected to post the largest gain at 10.2% year over year, while EPS is
expected to decline by 56.0% in the consumer discretionary sector.

 On May 28, Costco Wholesale Corp. reported earnings per share of $2.36, beating the consensus estimate of $1.87 as total
earnings grew 12.38% year over year. The company reported total revenue of $36.45 billion, which was below the consensus
estimate of $36.90 billion.
 Meanwhile, HP Inc. reported first-quarter normalized earnings of 51 cents per share, beating the consensus estimate by 7
cents. The company's earnings fell 3.8% year over year as revenue decreased 11.2%.

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