Earnings Season Is Shaping Up Nicely. Investors Don’t Seem to Care. newsbhunt

The corporate earnings downturn is poised to end, but you wouldn’t know it looking at the stock market carnage. 

With the third-quarter earnings season nearly halfway over, companies in the S&P 500 are on track to post a 2.7% year-over-year increase in profits, according to a FactSet blend of reported results and consensus analyst estimates. That would mark the first earnings growth in four quarters.