Wall Street’s outlook for S&P 500 earnings is getting gloomier | Economic Times

Wall Street’s outlook for S&P 500 earnings is getting gloomier https://ift.tt/VIGLKiU cutting S&P 500 earnings estimates for nine straight weeks, analysts have finally priced in negative earnings growth for the final quarter of this year. According to Bloomberg Intelligence, analysts now project S&P 500 earnings to decline 0.39% year-over-year in the fourth quarter, down from August’s expectations of 6% growth.