What to expect from these stocks this earnings season

As earnings season gets ready to kick off, Yahoo Finance Executive Editor Brian Sozzi has his sights set on these major stocks.

As far as I'm concerned, this is the week where earning season begins and I'm jazzed up. I love earning season.

You'll hear some say it begins with the banks in a few weeks, but those peeps are out to lunch.

I mean, come on here. We are getting results from great economic indicator companies and Corona Maker Constellation brands. Who doesn't love a good uh Modelo or Corona?

Levis, Pepsico and Delta. Now, I am no dope and will not tell you that all these things will uh these earnings reports will be absolutely amazing.

I would be most concerned about Constellation brands and Pepsico given pressured consumer wallets.

Going out to drink just ain't cheap anymore.

Delta's outlook is at risk because of soaring fuel prices, even though sales trends likely stayed strong. I took two work trips in the third quarter on Delta and I can confirm Delta that Delta One luxury seats were all taken.

Not by me though. these seats are too expensive. I just, you know, shuffled away, you know, I walked down my uh my middle aisle, you know, and sat down in coach somewhere.

Now here's the overall setup into earnings, which is clearly super bullish.

Wall Street analysts are truly in love with stocks heading into the start of third quarter earnings season, leaving next to no margin for error.

if results in guidance come up short in any way.

60% of stocks uh 60% of S&P 500 stocks now carry a buy rating from Wall Street analysts.

The highest level on record record according to new data from FactSet.

The optimism is rooted in the outlook for corporate earnings. Earnings have been hot, guys.

The S&P 500 is expected to report year-over-year earnings growth of 29.5% for the recently completed third quarter.

For the fourth quarter, Wall Street analysts are calling for earnings growth of 27.6%.

It's just so strong. I haven't seen results like this before.

Analysts are predicting year-over-year earnings growth of 32.4% for 2026 when it's all said and done.

It continues to be a banner season for corporate earnings and I suspect when results start trickling in again this week, they're going to be pretty strong as well.