Yahoo Finance·2025-10-13 20:23Earnings Expectations - Analysts expect S&P 500 companies to report a 7.9% increase in earnings per share for Q3, marking the ninth consecutive quarter of positive earnings growth, but a slowdown from the 12% growth in Q2 [1][8] - Over the past four months, analysts have revised their earnings estimates upward, with the current estimated year-over-year growth rate for the S&P 500 at 8%, up from 7.3% at the end of June [8] Major Financial Institutions Reporting - Major Wall Street banks including JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, and BlackRock will report their quarterly results, followed by Bank of America, Morgan Stanley, PNC, Synchrony Financial, and Citizens Financial Group [2] - Earnings from Charles Schwab, BNY Mellon, and U.S. Bancorp will complete the financial sector's reporting on Thursday [3] Earnings Surprises - Historically, most S&P 500 companies tend to report earnings that exceed estimates, with an average improvement in earnings growth during the earnings season suggesting a potential actual growth rate of 13% for Q3 [9][10] - In the past 40 quarters, actual earnings for S&P 500 companies have surpassed estimates in 37 instances, with notable exceptions in Q1 2020, Q3 2022, and Q4 2022 [10] Other Corporate Earnings - The earnings calendar also includes reports from companies such as Fastenal, Johnson & Johnson, Domino's, and United Airlines, among others [4] - Ericsson's shares rose by 14% after beating quarterly earnings forecasts and downplaying the impact of US tariffs [4]