Zacks: Q3 S&P 500 Earnings Growth Expected at 22.6%

Macro
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Zacks Director of Research Sheraz Mian reports that the earnings growth pace is not only strong and accelerating but also broad-based and continuing to improve, with expectations for 2026 Q3 S&P 500 earnings to increase 22.6% from the same period last year on 10.9% higher revenues. Fourteen of the 16 Zacks sectors are expected to enjoy positive earnings growth, with five sectors producing double-digit growth, marking the most broad-based performance in recent times. The revisions trend remains positive, with estimates moving higher for half of the sectors since July. Alphabet, Micron, and Nvidia are material contributors to the Tech sector's growth, and excluding these three, Q3 earnings for the rest of the Tech sector would be 18.9% versus 39.3% otherwise. The favorable revisions trend also applies to estimates for the last quarter of the year.

Impact on stocks 3

Artificial Intelligence▲ · 2 stocks
Alphabet Inc Class C
GOOG
▲ PositiveDemandrelevance

Alphabet is a material contributor to Tech sector earnings growth, indicating strong demand for its services.

NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

Nvidia is a material contributor to Tech sector earnings growth, driven by high demand for its AI chips.

Semiconductors▲ · 1 stocks
Micron Technology Inc
MU
▲ PositiveDemandrelevance

Micron is a material contributor to Tech sector earnings growth, reflecting strong demand for its memory products.

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