Third-quarter US earnings estimate improves slightly -LSEG

NEW YORK, Oct 25 - The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results.

With results in from 146 of the S&P 500 companies, overall S&P 500 earnings are now estimated to have increased 2.6% in the third quarter from a year ago, according to LSEG IBES data Wednesday. That was up from an estimate on Tuesday for an increase of 1.7%. The forecasts are based on actual results from S&P 500 companies that have reported and estimates for the rest.

About 80% of the reports so far are beating analysts' earnings expectations compared with an average of 74% over the past four reporting periods, based on LSEG data. Microsoft late Tuesday beat Wall Street estimates for its quarterly results in all segments. Its cloud computing and PC businesses grew as customers anticipate using its artificial-intelligence offerings.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Third-quarter US earnings estimate improves slightly -LSEGExplore stories from Atlantic Canada.
Fonte: SaltWire Network - 🏆 45. / 63 Consulte Mais informação »

Engineering group Sandvik's profit up in third quarter despite 'weakening' market dynamicsA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »

Global Market Scan: Temperature of western Europe’s housing market drops - constructconnect.comCanada's construction news
Fonte: DCN_Canada - 🏆 17. / 74 Consulte Mais informação »

Stocks rise amid earnings deluge, with big techs to come: Stock market news todayStocks rose as investors await results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

US futures rise amid earnings deluge, with big techs to come: Stock market news todayEyes are on results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports on Tuesday.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stocks rise amid earnings deluge: Stock market news todayStocks rose as investors awaited results from Microsoft and Alphabet, the highlights in an avalanche of earnings reports Tuesday.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »