How about the Overall Performance of the US Third Quarter Earnings Report?
According to data from Refinitiv, as of October 26, more than 140 S&P 500 companies have announced their results, and nearly 82% of them have exceeded Wall Street’s expectations, well above the historical average of 66%.
S&P 500 index constituent stocks Q3 comprehensive revenue growth rate was 14.5%, net profit growth rate was 35.6%, respectively 2.3% and 13.% higher than expected. If you do not consider the support provided by the release of loan loss reserves to bank stocks, the overall performance of the S&P 500 index constituent stocks in the third quarter was relatively flat.
In terms of industry, the energy sector saw the fastest growth, with revenue and net profit increasing by 63.3% and 1572.9% year-on-year, respectively. The raw materials and industrial sectors also performed well, with net profits increasing by 95.3% and 89.2% respectively.
The financial sector had the highest net profit exceeding expectations, with a year-on-year growth of 33.1%, which was 20.4% higher than market expectations.
The comprehensive net profit of the technology sector increased by 32.6% year-on-year, 17.1% higher than market expectations.
Next, more than 350 S&P 500 index component companies will successively disclose their Q3 financial reports, including $Apple(AAPL.US$ , $Amazon(AMZN.US$ , $NVIDIA(NVDA.US$ and other stars. company
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