Note: The change for the third quarter of 2023 is as of Nov. 3 and based on a blend of actual results and estimates.
Earnings for the nation’s biggest companies are poised to show their first collective increase in a year, helped in part by strong consumer spending this summer. The members of the S&P 500 are on pace to collectively report a 3.7% rise in earnings for the year’s third quarter, the first such increase since the year-ago third quarter. Revenue is on track to grow 2.3% from a year ago, according to FactSet.
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