Companies

S&P 500 Companies Expect Record Profits Again in Third Quarter

S&P 500 Companies Expect Record Profits Again in Third Quarter
Traders work on the floor at the New York Stock Exchange in New York, on Sept. 12, 2018. BRYAN R. SMITH/AFP/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

As earnings season gets underway, markets expect robust quarterly results again from S&P 500 companies.

The blended net profit margin for the S&P 500 for the third quarter is expected to be 11.6 percent, according to data provider FactSet. If that holds true, it will be the second-highest net profit margin in the last 10 years. The highest level was 11.8 percent, which was reached in the second quarter of this year.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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