EPS estimates for S&P 500 firms are up over 13% in Q3

More than a dozen S&P 500 companies are heading into next week’s earnings reports with earnings-per-share forecasts that have been raised sharply in recent ￰0￱ third-quarter earnings season, which began in early October, is showing cumulative profit growth of more than 13% for the period ending September ￰1￱ confirmed when results are released, it would be the fourth straight quarter of earnings growth across the S&P 500, based on figures cited by ￰2￱ companies in the S&P 500 are being monitored closely because their earnings-per-share estimates have increased by at least 20% over the past three and six months, and each stock still shows at least 15% upside to the average 12-month price target.

Alphabet, Visa, and Cigna earnings momentum Alphabet ￰3￱ projected to report $2.28 per share for the third ￰4￱ forecast is 71% higher than what analysts projected three months earlier and 112% higher than the estimate from six months ￰5￱ average analyst price target of $252 suggests 18% ￰6￱ stock, which owns Google and YouTube, has gained 33% over the past three months and 63% over the past six. Alphabet’s rapid estimate revisions signal that analysts have recalculated revenue expectations tied to advertising and cloud ￰7￱ ￰8￱ expected to post $2.97 per share in earnings for the ￰9￱ estimate is 41% higher than the forecast from three months ago and nearly 50% higher than the estimate six months ￰10￱ stock carries a $393 average price target, implying around 16% upside from current ￰11￱ these improved earnings expectations, Visa shares have been weaker than the broader S&P 500 ￰12￱ stock is down almost 3% in the past three months and is up less than 10% this ￰13￱ Group is now forecast to report $7.64 per share, which is 27% higher than estimates from three months back and 45% higher than forecasts made in ￰14￱ average price target for the stock is $361, indicating 32% potential ￰15￱ has trailed the S&P 500 over the past three months, past six months, and year-to-date.

However, in the past month, the company’s stock has gained 5.2%, compared with the S&P 500’s 1.2% ￰16￱ recent movement suggests traders are positioning ahead of next week’s earnings ￰17￱ reach records as inflation cools ￰18￱ ended Friday at new intraday record levels after inflation data showed slower price ￰19￱ Dow Jones Industrial Average rose 546 points, or 1.2%. The S&P 500 added around 1%, moving above 6,800 for the first ￰20￱ Nasdaq Composite increased 1.3%. The Dow is now on track to record its first-ever close above 47,000. The move followed investor expectations that the Federal Reserve could continue with a rate-cutting path without reversing course.

Meanwhile, Ford was the top performer in the S&P 500 during Friday’s session, surging by more than 13%, its best trading day since 2022, driven by stronger sentiment around consumer demand after its Q3 earnings smashed Wall Street’s estimates, as Cryptopolitan ￰21￱ Donald Trump commented on market levels and connected them directly to his trade ￰22￱ wrote, “THE STOCK MARKET IS STRONGER THAN EVER BEFORE BECAUSE OF TARIFFS!” in a post on Truth ￰23￱ your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.