Big tech companies are helping propel third-quarter earnings growth, but some analysts are less optimistic about a handful of names reporting next week. As of Tuesday, roughly 42% of S & P 500 companies had reported financial results and collectively notched growth of more than 6%, according to FactSet. But forecasts for blended growth, which takes into account estimates for earnings that have yet to be reported, is a more measured 4.89%.
ADM YTD mountain Archer-Daniels stock. The firm paused carbon dioxide injections at a Illinois carbon capture and storage plant earlier in October, after discovering an underground leak . More recently, the company was sued for misconduct and lacking safety protocols . Shares of finance and insurance firm AIG have advanced nearly 14% in 2024. What's more is that analysts have lowered earnings estimates by nearly 30% over the past three months and by roughly 24% over the past six months.