ZACKSยท2025-09-27 00:26Group 1: Earnings Expectations - Q3 earnings for the S&P 500 index are expected to increase by +5.3% year-over-year, with revenues up by +6.1% [2][9] - This anticipated growth would mark the lowest earnings growth pace since Q3 2023, which had a growth rate of +4.4% [2] - Positive revisions in earnings estimates have been noted for Q3, contrasting with the trends observed in the first two quarters of the year [3][5] Group 2: Sector Performance - Since July, Q4 estimates have increased for 7 out of 16 Zacks sectors, including Tech, Finance, and Energy [7] - The Tech sector is expected to continue as a growth driver, with earnings projected to increase by +12% in Q3 2025 and +8.7% in Q4 2025 [10] - Despite positive revisions in some sectors, 8 out of 16 sectors are experiencing pressure on Q4 estimates, particularly in Consumer Discretionary and Medical sectors [10] Group 3: Company-Specific Reports - Nike is expected to report earnings of $0.28 per share on revenues of $11 billion, reflecting year-over-year declines of -60% and -5% respectively [11] - Carnival is projected to report earnings of $1.32 per share on revenues of $8.07 billion, with year-over-year increases of +3.9% and +2.3% respectively [12] - Nike's stock has decreased by -8.4% year-to-date, while Carnival's shares have increased by +23.1% in the same period [11][12]