In Q3, 466 S&P 500 members reported +14.0% earnings growth and +7.9% revenue growth. 83.0% beat EPS estimates and 75.3% beat revenue estimates, with 65.9% beating both. This represents accelerated growth compared to previous quarters. The Retail sector saw +18.5% earnings growth on +8.4% higher revenues, with 69.6% beating EPS estimates and 82.6% beating revenue estimates.

The Retail sector in the S&P 500 index had 76.7% of companies report Q3 results, showing +18.5% earnings growth. Amazon contributed significantly to this growth with +29.3% earnings increase. Margin pressure remains, but slightly less severe than before. The S&P 600 index also saw +17.9% earnings growth from reported companies.

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Read more at Nasdaq: Q3 Earnings Season: Retail Sector in Focus