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S&P 500 revenue growth, which hit 9.5 percent in the second quarter, its fastest pace since 2011, is estimated at 8.2 percent for 2018, according to Thomson Reuters data.Analysts have forecast S&P 500 earnings growth at 23.3 percent for 2018 – the highest annual growth since 2010 – and at 10.2 percent for 2019, based on Thomson Reuters data.For example, S&P 500 earnings growth peaked in the fourth quarter of 2003, yet remained in the double-digit range for at least three years after that, while revenue stayed well above trend in that period, said Nick Raich, CEO of The Earnings Scout, an independent research firm.He said in the last 80 years, S&P 500 earnings growth averaged about 6 to 8 percent a year, while sales grew about 3 to 5 percent.
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