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The end of the third quarter of 2025 is approaching. Investors are on the lookout. Corporate earnings are the focus. A 5.1% increase is expected compared to last year. Revenues are 6% higher.



It is the lowest growth since 2023. But the revisions have been positive since April. Curious.

Technology remains the star. An 11.9% increase in profits and 12.4% in revenue. Without it, the S&P 500 would barely grow by 2%. Impressive.

Five sectors improve their estimates. Eleven worsen them. Medical and Transportation are the most affected. It seems that not everything is rosy.

The EPS of the S&P 500 could reach $258.50 in 2025. By 2026, $290.59. Ambitious numbers.

The big banks will kick off in a month. But there will already be some reports before that. Anticipation is growing.

This week, Oracle and Adobe. The first of Q3. The tech sector under scrutiny. They could set the tone. Investors are holding their breath.
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