Core Viewpoint - The third quarter earnings season is showing strong performance, with expectations for continued growth in earnings per share across S&P 500 companies [2]. Group 1: Earnings Performance - As of November 14, 92% of S&P 500 companies have reported their Q3 results, with analysts projecting a 13.1% increase in earnings per share for the quarter [2]. - This anticipated growth would represent the fourth consecutive quarter of double-digit earnings growth, accelerating from the 12% growth rate reported in Q2 [2]. - Initial expectations for Q3 were lower, with analysts forecasting only a 7.9% increase in earnings per share as of September 30 [3]. Group 2: Upcoming Earnings Reports - Key companies to watch this week include Nvidia and Walmart, which are significant players in the AI and retail sectors, respectively [4]. - Additional earnings reports are expected from Palo Alto Networks, Home Depot, Lowe's, Target, TJX, and XPeng, indicating a busy week for corporate earnings announcements [4].
Earnings live: Target stock sinks, TJX and Lowe's rise as the focus turns to Nvidia earnings