Another chunk of companies are set to report this week, and analysts think earnings are on their side. About 50% of S & P 500 companies have reported earnings for the third quarter. Of those companies, nearly 77% have exceeded expectations, FactSet data shows. Roughly 30% of S & P 500 companies are reporting this week.
Pro screened for the S & P 500 companies reporting this week that analysts are most excited about—leading them to lift their earnings estimates. Here is the criteria we followed for the search: EPS estimates are up 15% or more in past three months EPS estimates are up 15% or more in past six months Well-liked by analysts: These stocks have buy ratings from at least 55% of analysts covering them.
's Michael Bloom contributed reporting.
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