An Infographic Preview of Q3 Earnings Season
Wall Street greeted the month of October with several major indices at their all-time highs and investors around the world excited about the upcoming slew of earnings reports. And as Q3 earnings season prepares to heat up, we here at Zacks are looking forward to another batch of impressive results that should keep our bull market trudging along through the end of the calendar year.
As we know, these earnings reports can have a significant impact on Wall Street. The new quarterly results will not only reveal how accurate our estimates were, but they will also provide us with a sense of the latest consumer trends and overall strength of the economy.
Overall, the global markets are hoping to continue the momentum that has been present for most of the year. The S&P 500 is up an impressive 13% year-to-date, and the companies comprising the index have posted average earnings growth of 13.6% and 11.1% in the respective first two quarters.
For a more detailed look at the latest earnings trends, including a peek at how our estimates have changed over time and what we expect in future quarters, check out our new Q3 earnings preview infographic—equipped with a handy calendar to keep track of the biggest earnings announcements:
Note: The data in this graphic is pulled from our exclusive Earnings Trends Report. This thorough and up-to-date report includes the latest actual results, estimates, and analysis from Sheraz Mian, an acknowledged earnings expert and manager of the Zacks Equity Research department.
It’s worth noting that, although Q3 earnings estimates have slumped over time, this is actually a trend that has manifested itself consistently over the past few years. In fact, the magnitude of these negative revisions actually compare favorably to previous quarters.
Again, if you are interested in our complete earnings analysis, make sure to check out the latest Earnings Trends Report. This thorough and up-to-date report includes the latest actual results, estimates, and analysis from Sheraz Mian, an acknowledged earnings expert and manager of the Zacks Equity Research department.
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
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