W3Schools

Earnings Outlook: Earnings recession expected to extend to sixth straight quarter

Investors who are still expecting the third-quarter earnings season to mark the inflection point from the last five quarters of declines may be disappointed when Alcoa Inc. kicks this round off next week.

S&P 500 companies are expected to post their sixth straight quarter of declining earnings, according to FactSet data. And while sales are expected to break their six-quarter streak of declines, that optimism may be overdone, based on the dozens of sales warnings to pop up in the last several weeks.

Defense giant Honeywell Inc. HON, -7.50%warned Friday that weakness in energy markets and emerging markets was crimping demand for business jet and aviation shipments, sending its stock down more than 7%.

>>> Original Source <<<