Stocks

S&P 500 Earnings Growth Could Double in the 4th Quarter of 2024

S&P 500 Earnings Growth Could Double in the 4th Quarter of 2024
Traders work on the floor of the New York Stock Exchange during morning trading on Nov. 7, 2024. Michael Santiago/Getty Images
Panos Mourdoukoutas
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Equity analysts are optimistic about S&P earnings for the rest of 2024, saying they expect earnings growth to shift into high gear, from single digits in the third quarter to double digits in the fourth quarter.

That’s according to FactSet, which monitors closely the financial performance of S&P 500 companies.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”