Third quarter earnings season kicks off, and Wall Street is tuning in. Anxiously awaiting the quarterly numbers, investors will get more clarity on the extent of COVID-19’s impact on fundamentals.While the U.S. Presidential election and the next pandemic stimulus package have stolen some of the spotlight from the upcoming quarterly reports, analysts have taken a deep dive into the data to gain insights on what might be in store.According to estimates, S&P 500-listed companies are expected to report earnings of $32.97 per share, down 22% from the prior-year quarter. That said, Refinitiv data indicates that about three-fourths of S&P 500 …read more
Source:: Yahoo Finance
