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Wall Street S&P 500 earnings growth expectations hit 29.6%

BeInCrypto ·

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FDS Factset Research Systems Inc
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  1. 1Wall Street's S&P 500 earnings growth expectation for the third quarter is 29.6%.
  2. 2Analysts increased third-quarter estimates by 1.4% during the quarter.
  3. 372 companies among the S&P 500 issued positive third-quarter earnings guidance.

So what's the key point?

Profits for major US companies are expected to increase by 29.6 percent. As expert expectations rose, the profit outlook for companies has also brightened.

Source BeInCrypto · View original ↗

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