S&P 500 companies are on track for a 13.4% earnings growth rate in Q3, with 83% reporting positive surprises. The standout is the highest revenue growth rate in three years, currently at 8.4%, led by Health Care, Financials, and Consumer Discretionary sectors.

Earnings growth has slowed for tech giants like Apple and Microsoft, with the “Magnificent Seven” reporting an 18.4% growth rate in Q3, the lowest since Q1 2023. Meta Platforms’ negative EPS surprise impacted the overall growth rate, but four companies remain top contributors to S&P 500 earnings growth.

Read more at Yahoo Finance: S&P 500 on track for highest revenue growth in 3 years, with reports from Deere, Zoom ahead