Zacks Earnings Trends Highlights: Micron, Nvidia and Alphabet

S&P 500 earnings in Q3 are expected to increase 24.1% year-over-year on 11.6% higher revenues, marking the 8th consecutive quarter of double-digit earnings growth. 14 of 16 sectors are expected to show positive earnings growth, with Aerospace, Energy, and Tech leading with triple-digit or high double-digit growth. The semiconductor industry is particularly strong with 85.5% expected earnings growth.