Wall Street Expects Too Little of Q3 Earnings, Goldman Says. What Could That Mean for Stocks?
1. Wall Street's earnings expectations for S&P 500 are notably low. 2. Analysts predict S&P 500 earnings growth could outperform forecasts. 3. Magnificent 7 may drive stronger-than-expected earnings surprises. 4. Growth in GDP is estimated at 2%, matching previous quarter. 5. Higher tariffs may pose challenges for profit margins this quarter.