Ameriprise sees Q3 S&P 500 EPS up 29.5%, leaving stocks little room for disappointment
Ameriprise flagged Q3 earnings season as a key test for year-end equities with the S&P 500 near records and yields above 5%. Analysts forecast S&P 500 Q3 EPS up 29.5% year over year on revenue growth of 12.3%, leaving little room for misses. Expected profit growth concentrates in Energy up 114%, Information Technology