Q4 2025 earnings season is fast approaching , in the US JP Morgan JPM US the world’s biggest bank, will unofficially kick off the process before the market open on January 13th.

Wall Street expects S&P 500 earnings to grow by an impressive +15.0% this year and though the Q4 25 reports aren’t directly part of that equation, the numbers and forward guidance will affect sentiment.

And of course major surprises in the data or comments could lead to revised estimates.