{"id":15794,"date":"2026-11-03T17:41:05","date_gmt":"2026-11-03T17:41:05","guid":{"rendered":"https:\/\/kngadvisors.com\/?p=15794"},"modified":"2026-11-03T18:02:22","modified_gmt":"2026-11-03T18:02:22","slug":"ganancias-corporativas","status":"publish","type":"post","link":"https:\/\/kngadvisors.com\/en\/ganancias-corporativas\/","title":{"rendered":"Corporate profits defy the negative news\u2026 strong signal for equities"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>Tuesday, November 3, 2026<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\">Audio in Spanish<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Corporate profits defy the negative news\u2026 strong signal for equities\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/LW9qyANBrVY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\">Audio in English<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Corporate profits defy the negative news\u2026 strong signal for equities\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/zfCSZ9PF6wE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Every three months, publicly listed companies publish their financial results, revealing how much revenue and profits they have earned, how their businesses are performing and what they expect for the future. This period is known as earnings season.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For investors, these announcements provide an important insight into the health of the economy. Rather than relying solely on economic forecasts or sentiment surveys, we can examine what is actually happening inside some of the world\u2019s largest businesses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest results are delivering an encouraging message: consumers are continuing to spend, businesses are investing, and corporate profits are growing strongly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to FactSet, approximately 24% of companies in the S&amp;P 500, the index of America\u2019s 500 leading listed businesses, have reported their third-quarter results so far.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Of those companies, 83% reported earnings above analysts\u2019 expectations, a higher proportion than the five-year average of 78%.  When companies outperform expectations, on average we expect share prices to rise, so this is a bullish signal for stocks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, earnings across the S&amp;P 500 are now expected to grow by approximately 29.5% compared with the same quarter last year, slightly ahead of the 29.2% growth forecast at the end of September.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consumer spending is one of the most important drivers of the US economy, accounting for approximately two-thirds of economic activity.  Recent results from some of America\u2019s largest banks have provided encouraging evidence of continued spending. JPMorgan Chase reported a +10% increase in credit and debit card spending, while Bank of America reported an +8% increase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">More recent results from American Express reinforced that message, with customer spending increasing +8% and revenue growing +9%, supported by strong demand for travel and entertainment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These figures suggest that, despite concerns about inflation and economic uncertainty, American households are continuing to spend.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We also have encouraging new developments in the strength of results from major industrial companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GE Aerospace, one of the world\u2019s leading manufacturers of aircraft engines, reported a remarkable +49% increase in orders, alongside +18% growth in adjusted revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Honeywell reported +7% organic sales growth, while aerospace and defence manufacturer RTX reported an +11% increase in quarterly sales and a record order backlog of $340 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These figures are particularly significant because they reflect real economic activity: companies ordering equipment, investing in infrastructure and committing capital to future projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And Europe is showing encouraging signs too.  Swiss engineering group ABB reported a +40% increase in orders, supported by strong demand for electrical equipment and data-centre infrastructure.  German software giant SAP reported +26% growth in cloud revenue, demonstrating that businesses continue investing in technology and digital transformation.  French cosmetics group L\u2019Or\u00e9al also reported healthy sales growth, providing further evidence of resilient consumer demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, these results suggest that investment and spending remain healthy across several important areas of the European economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What does this mean for investors?  The message from earnings season so far is becoming increasingly encouraging.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consumers are spending, businesses are investing, and corporate profits are growing at a substantial rate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For long-term investors, this is an important reminder that the stock market ultimately represents ownership in real businesses, whose value is closely connected to their ability to generate growing profits over time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although performance of equity markets has been positive so far in 2026, the continued strength in corporate earnings indicates that there is significant short-term upside to prices from here.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>We would like to thank <a href=\"https:\/\/news.dominion-cs.com\/es\/\" target=\"_blank\" rel=\"noopener\">Dominion Capital Strategies<\/a> <\/strong>for writing this content and sharing it with us.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Sources: <\/strong>Bloomberg, Yahoo Finance, Marketwatch, MSCI. <\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Copyright<\/strong> \u00a9 2023 Dominion Capital Strategies, All rights reserved.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Disclaimer: <\/strong>The views expressed in this article are those of the author as of the date of publication and do not necessarily reflect those of <strong>Dominion Capital Strategies Limited<\/strong> or its related companies. The content of this article is not intended to constitute investment advice and will not be updated after publication. Images, videos, literary quotations, and any material that may be subject to copyright are reproduced in whole or in part in this article on the basis of fair dealing, applied to news reporting and journalistic commentary on events.<\/em><\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:32px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-text-align-center\">To begin receiving financial advice and learn more about secure investment opportunities in the market<\/h4>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-fe48e5de wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/kngadvisors.com\/en\/contact-us\/\" style=\"background:linear-gradient(135deg,rgb(0,255,246) 0%,rgb(17,17,61) 90%)\" target=\"_blank\" rel=\"noreferrer noopener\">Contact an advisor<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p>Corporate profits defy the negative news: 83% of S&amp;P 500 companies reporting so far have beaten expectations, a bullish signal for equities.<\/p>","protected":false},"author":2,"featured_media":15793,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[18],"tags":[44],"class_list":["post-15794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias","tag-mercados-bursatiles"],"_links":{"self":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts\/15794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/comments?post=15794"}],"version-history":[{"count":2,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts\/15794\/revisions"}],"predecessor-version":[{"id":15797,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/posts\/15794\/revisions\/15797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/media\/15793"}],"wp:attachment":[{"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/media?parent=15794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/categories?post=15794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kngadvisors.com\/en\/wp-json\/wp\/v2\/tags?post=15794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}