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Third-quarter US earnings now seen growing 4.3% year-on-year -LSEG data

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SaltWire's Atlantic regional weather forecast for October 27, 2023 | SaltWireNEW YORK - U.S. third-quarter earnings estimates are looking more optimistic, with overall S&P 500 earnings expected to have increased 4.3% from a year ago, LSEG data showed on Friday.

A slew of big-name S&P 500 companies reported results this week in the busiest period of the quarter's U.S. reporting season. Among them was Intel, whose results late on Thursday showed adjusted earnings that beat analysts' earnings expectations. Microsoft this week also reported stronger-than-expected results.

 

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