Q3 Earnings Season Preview: Revenue Beats Lag, Multi-Sector Momentum Holds

Q3 earnings season shows mixed early results with 45 S&P 500 companies reporting 46.3% YoY earnings growth but only 62.2% beating revenue estimates. The season is expected to deliver 24.6% earnings growth on 11.7% revenue growth across the index. While Tech and Energy lead with strong double-digit growth, Finance sector results are lagging with lower beat rates. Meta and Tesla are among key reporters this week, with broad-based momentum expected to continue across 14 of 16 sectors.