Jul. 18, 2025 9:05 PM ETJPM, C, BAC, MS, GS, AXP, BRK.A, BRK.B, XLF, IYF, IXG, IYG, VFH, KCE, KBE, KIE, IAI, IAK, IAT, KRE, RSPF, PFI, FXO, QABA, PSCF, KBWD, KBWP, KBWB, KBWR, BIZD, FNCL, BDCZ, FTXO, DFNL, DPST, VO, MDY, IJH, IWR, BMVP, FNX, EZM, CSD, CZA, BUL, XJH, IMCB, IVOO, GRPM, SCHM, ONEO, EQAL, REGL, PTMC, JHMM, DEUS, XMHQ, FLQM, FTDS, JPME, FSCS, USMF, SPMD, VFMF, VFMV, VFQY, FSMD, SFYX, SPY, TPLC, AFMC, SQEW, PAMC, SIXL, BKMC, QVMM, BBMC, MIDE, VXF, IJK, IWP, VOT, RFG, FAD, FNY, IPO, CWS, IMCG, MDYG, IVOG, XMMO, BFOR, ARKK, FFTY, ETHO, QMOM, JSMD, NUMG, HAIL, VFMO, PEXL, BOUT, KOMP, QQQJ, MID, FRTY, PY, PEY, IJJ, IWS, VOE, DIV, DON, FAB, RWK, IMCV, MDYV, IVOV, XMVM, XMLV, SYLD, VUSE, QVAL, ONEV, ONEY, NUMV, WBIY, SDVY, VFVA, DVLU, DDIV, VRAI, HOMZ, FOVL, TPHD, TMDV, LSAT, RSPT, FFSM, UPGDBrian Gilmartin, CFA10.91K FollowersSummaryThe expected Q2 ’25 EPS and revenue growth rates actually bottomed around the Memorial Day weekend, rather than the week of every quarter as is the typical pattern.While only 59 companies have reported Q2 ’25 results so far, (23 of the 59 companies reported are financial sector companies), the upside surprise is +7.2%, and the biggest upside surprise is financials at +10%.Expect another decent quarter, although with the new August 1 deadline for tariffs, maybe the anxiety and angst now shift to the 3rd quarter of ’25. Or maybe tariffs shouldn’t have been a concern to begin with.MicroStockHubThis table has been posted a few times over the last 8 weeks, showing the progression of “expected” S&P 500 EPS and revenue growth rates for Q2 ’25.Q2 ’25 earnings started this week, and all the large-cap financials' numbers slid: JPMorgan (This article was written byBrian Gilmartin, CFA10.91K FollowersBrian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xavier University, Cincinnati, Ohio, (1982) and an MBA (Finance) from Loyola University, Chicago, January, 1985. The CFA was awarded in 1994. Brian has been fortunate enough to write for the TheStreet.com from 2000 to 2012, and then the WallStreet AllStars from August 2011, to Spring, 2012. Brian also wrote for Minyanville.com, and has been quoted in numerous publications including the Wall Street Journal.CommentsRecommended For You