Ameriprise sees Q3 S&P 500 EPS up 29.5%, leaving stocks little room for disappointment
Bitget2026/10/12 18:37- Ameriprise flagged Q3 earnings season as a key test for year-end equities with the S&P 500 near records and yields above 5%.
- Analysts forecast S&P 500 Q3 EPS up 29.5% year over year on revenue growth of 12.3%, leaving little room for misses.
- Expected profit growth concentrates in Energy up 114%, Information Technology up 65%, Communication Services up 51.5%.
- Focus areas: bank results for consumer credit stress, Big Tech for AI monetization amid rising capital costs, Energy for post-oil rally guidance.
- Ameriprise sees follow-through on earnings as essential for further gains, given a top-heavy market and mixed sector trends.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
GLOBALFOUNDRIES Director Ganesh Moorthy Reports $93,687.50 Share Acquisition
Crypto prices
More
