Ameriprise sees Q3 S&P 500 EPS up 29.5%, leaving stocks little room for disappointment
Bitget2026/10/12 18:37- Ameriprise flagged Q3 earnings season as a key test for year-end equities with the S&P 500 near records and yields above 5%.
- Analysts forecast S&P 500 Q3 EPS up 29.5% year over year on revenue growth of 12.3%, leaving little room for misses.
- Expected profit growth concentrates in Energy up 114%, Information Technology up 65%, Communication Services up 51.5%.
- Focus areas: bank results for consumer credit stress, Big Tech for AI monetization amid rising capital costs, Energy for post-oil rally guidance.
- Ameriprise sees follow-through on earnings as essential for further gains, given a top-heavy market and mixed sector trends.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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