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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates. U.S. futures gained while oil prices fell more than $1 a barrel. On Friday, stocks stumbled on Wall Street. The S&P 500 fell 0.5% and is now in what's called a correction, down 10% from the peak for this year that it hit in July. The Dow fell 1.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
Source: ksatnews - 🏆 442. / 53 Read more »
Revvity’s stock tumbles to lead the S&P 500 losers after earnings miss, lowered outlookTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Source: MarketWatch - 🏆 3. / 97 Read more »
Oppenheimer slashes forecast for S&P 500, but still sees stocks rising from hereOppenheimer's John Stoltzfus previously had the highest target in the CNBC Market Strategist Survey.
Source: CNBC - 🏆 12. / 72 Read more »