Although the market's earnings per share expectations for the second quarter of the S&P 500 index are already high after the first quarter of “explosive” growth, Bank of America Securities notes that “there is no sign that profit momentum is weakening” at the moment. A team of strategists led by Savita Subramanian wrote in a research report on Monday that Bank of America expects second-quarter earnings of $85.50 per share, an increase of 28% year over year; it also raised its 2026 earnings per share forecast from $335 to $345, or 26% for the whole year. Market consensus predicts that after a 27% increase in the first quarter, earnings per share for the second quarter of the S&P 500 index will increase 22% year over year.

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