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Corporate America’s earnings recession is over The vast majority of companies in the S&P 500 have reported results from the last three months of 2020, and Wall Street is calling it: The earnings recession has come to an end. What’s happening: By the end of last week, 96% of companies in the benchmark index had posted results, according to FactSet. Per analyst John Butters’ latest estimate, S&P 500 earnings grew 3.9% last quarter. That would mark the first year-on-year increase since the end of 2019. In a note to clients Wednesday, Nick Raich, CEO of The Earnings Scout, put it bluntly: “The earnings recession is over!”

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