Q3 2022 Earnings Update

We are in full swing of Q3 earnings season for the S&P 500 companies. Coming into this earnings season, analysts are expecting year-over-year growth of 2%-3%.

This is certainly down from prior years, where we were seeing double digit earnings growth, but still a positive that these companies are earning higher profits.

As of Wednesday, 10/19, 69% of the S&P 500 Index companies reported better-than-expected bottom-line results, which is less than the five-year average of 77%.

Click the link below to hear some of the things we are watching from these earnings calls and how this might impact us as investors and consumers:

Disclosure: This material is for general information only and is not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.