Q3 S&P 500® EPS growth expected to come in at 3.6% in fifth consecutive quarter of growth.Large cap outlier earnings this week: Chipotle, Visa, D.R. Horton, Microsoft and more
It’s no secret that the US consumer has wavered in the last two years as rising inflation took its toll. In some quarters that has meant credit card providers are seeing less total payment volumes and/or greater payment delinquencies. In the second quarter Visa both missed Wall Street’s revenue estimate and recorded slowing payment volume. Two weeks ago, a closely watched peer, American Express , reported results for Q3.
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