According to IBES data from Refinitiv, the third quarter earnings growth of S&P 500 components is expected to be the highest since 2010, surpassing the strong performance earlier this year.
According to the estimates of 381 S&P 500 component stocks and other component stocks that have reported results, the third quarter profit growth rate is estimated to be 27.4%.
According to Lufford data, the increase is much higher than analysts'average forecast of 21.6% on October 1, and will surpass the growth of 26.6% in the first quarter and 24.9% in the second quarter.
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