NEW YORK Oct 18 S&P 500 earnings are now
expected have increased slightly in the third quarter, reversing
forecasts for another quarter of profit declines, Thomson
Reuters data shows.
The improvement in earnings projections follows mostly
stronger-than-expected results from banks and other companies.
Results are in from 52 companies so far.
Earnings are projected to have increased 0.2 percent in the
quarter. That would be up from a decline of 0.5 percent forecast
two weeks ago, the data shows.
(Reporting by Caroline Valetkevitch; Editing by Chizu Nomiyama)