NEW YORK (Reuters) – S&P 500 companies’ () earnings are expected to decline in the fourth quarter from the year-earlier period, which could be a second straight quarterly profit fall for the group, according to IBES data from Refinitiv.
As of Tuesday, analysts were forecasting a 0.1% year-over-year fall in earnings for the S&P 500 for the fourth quarter. Third-quarter earnings, with results in from almost all of the S&P 500 companies, are estimated to have declined 0.4% from a year ago, based on Refinitiv’s data.
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