The Zhitong Finance App notes that the profit prospects of US companies are unusually divided: although analysts lowered their expectations, the company's guidance points to another strong quarter. Analysts expect third-quarter earnings of S&P 500 companies to increase 4.2% over the same period last year, lower than the 7% forecast in mid-July. On the other hand, these companies' guidelines suggest an increase of around 16%.

Zhitongcaijing · 10/14 13:09
The Zhitong Finance App notes that the profit prospects of US companies are unusually divided: although analysts lowered their expectations, the company's guidance points to another strong quarter. Analysts expect third-quarter earnings of S&P 500 companies to increase 4.2% over the same period last year, lower than the 7% forecast in mid-July. On the other hand, these companies' guidelines suggest an increase of around 16%.