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The Q3 earnings season is gradually nearing its end with more than 84% of the S&P 500 companies having already announced their results. Although most sectors have reported the bulk of their earnings, most retailers are yet to post their financial results. Consequently, investors are keeping their fingers crossed over the sector’s outcome.

Per our Earnings Preview report as of Nov 4, out of the 423 S&P 500 members that have come up with their quarterly numbers, approximately 72.8% have posted positive earnings surprises, while 55.1% beat top-line expectations.

According to the report, earnings for the 423 S&P 500 companies that have reported so far are up 3.6% from the same-period last year, while revenues have increased 2.4%.

Further, the report projects that earnings for the total S&P 500 companies will improve 3% from the year-ago period with total revenue inching up 1.5%. The quarter has been increasingly heading toward an improvement after five-straight quarters of earnings decline. This period is a significant one with both earnings and revenues on the growth trajectory.

The food sector is part of the consumer staples sector, which has so far reported decent earnings this season. Food stocks are particularly doing well in the third quarter. Leading firms from the industry like The Hershey’s Company (HSY - Free Report) , Pinnacle Foods, Inc. (PF - Free Report) , B&G Foods, Inc. (BGS - Free Report) , Mondelez International, Inc. (MDLZ - Free Report) , Kellogg Co. (K - Free Report) and many others have delivered better-than-expected Q3 earnings results despite currency headwinds and the sluggishness in emerging markets. Domestic business of these food companies has particularly fared well aided by an improving economic and consumer spending environment in the U.S.

Let’s take a look at what’s in store for two food stocks, which are scheduled to release their quarterly numbers on Nov 10.

Darling Ingredients Inc. (DAR - Free Report) is set to report third-quarter 2016 results. The company reported a negative earnings surprise of 5% and 92.3% in the second and first quarters, respectively..

DARLING INGRDNT Price, Consensus and EPS Surprise

DARLING INGRDNT Price, Consensus and EPS Surprise | DARLING INGRDNT Quote

Our proven model does not conclusively show that Darling Ingredients is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Darling Ingredients has an Earnings ESP of 0.00% as the Most Accurate estimate and the Zacks Consensus Estimate both stand at 17 cents. The company carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Adecoagro S.A. (AGRO - Free Report) which is engaged in farming, energy production and land transformation activities is likely to release its third-quarter 2016 results tomorrow. The company has a Zacks Rank #3 and a quarterly Earnings ESP of 0.00% indicating that the company is not likely to beat the Zacks Consensus Estimate this quarter. The Zacks Consensus Estimate is currently pegged at 11 cents. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

ADECOAGRO SA Price, Consensus and EPS Surprise

ADECOAGRO SA Price, Consensus and EPS Surprise | ADECOAGRO SA Quote

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