Sectors Expected to Outperform this Earnings Season

The expected Q3 earnings growth has started going up as companies come out with better than expected quarterly results. As of October 21st, the expectation is for Q3 earnings for the S&P 500 index to increase by +31.5% from the same period last year on +14.3% higher revenues. This is up from the roughly +26% earnings growth expected at the start of the reporting cycle.

Earnings growth in Q3 and beyond represent a significant deceleration from the first-half’s high pace, but it is nevertheless positive and favorable. Estimates for the current period (2021 Q4) have started nudging up, which represents an improvement over what we had seen in the comparable period last quarter. If sustained, this will be a notable positive development in the current environment of cost inflation and logistical problems.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

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