Early US Earnings Point to Best Corporate Results in Four Years

Oct. 22, 2025, 10:05 AM UTC

The proportion of US companies beating earnings expectations this quarter is the highest in more than four years, providing stock investors with relief at a time the rally is slowing.

About 85% of S&P 500 firms to have reported third-quarter earnings so far have surpassed profit estimates, on course for the best performance since 2021, according to data compiled by Bloomberg Intelligence.

It’s still early in the season, given that less than a fifth of the index’s market capitalization has announced results, but it’s an indication that US profits remain strong in the face of tariffs and an uncertain economy. ...

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