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Earnings Season Is Shaping Up Nicely. Investors Don’t Seem to Care.

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Even companies reporting stronger-than-expected profits have seen their shares fall

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https://www.wsj.com/finance/stocks/earnings-season-is-shaping-up-nicely-investors-dont-seem-to-care-bd035bc8Melina Mara/The Washington Post/Getty Images The corporate earnings downturn is poised to end, but you wouldn’t know it looking at the stock market carnage. With the third-quarter earnings season nearly halfway over, companies in the S&P 500 are on track to post a 2.7% year-over-year increase in profits, according to a FactSet blend of reported results and consensus analyst estimates. That wouldThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.

 

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