Russell 1000 Q3 Earnings Insight: Which Sectors Are Expected to Beat or Miss Analyst Expectations?

Analysts have raised the bar heading into earnings season for a fifth consecutive quarter — the longest streak on record — even as earnings growth remains near historic highs outside recession and pandemic periods.

Yet despite higher expectations, companies continue to deliver, with earnings and revenue surprise rates at multi-year highs. When the bar is already elevated, identifying where further upside — or downside — may lie becomes even more valuable.

Using StarMine Predicted Surprise, the Analyst Revisions Model — a measure of sell-side sentiment — and SmartHoldings — a measure of buy-side sentiment — we can assess which sectors are positioned to beat or miss expectations while also gauging how analyst and investor sentiment stack up heading into the quarter.