5 Technology Stocks Set To Beat Estimates In Q2 Earnings

 | Jul 10, 2019 09:51PM ET

Technology stocks are anticipated to see a sluggish second-quarter 2019, primarily due to softness in the semiconductor space.

Semiconductors, which are the building blocks of most emerging technologies like AI and IoT, reported weak sales in Ericsson Quote

San Francisco, CA-based Square (NYSE:SQ) has a Zacks Rank #2 and an Earnings ESP of +5.31%. The company is scheduled to report second-quarter 2019 results on Aug 1.

The consensus mark for earnings has stayed at 16 cents over the past 30 days.

Square, Inc. Price and EPS Surprise

Square, Inc. Quote

Cupertino, CA-based Apple (NASDAQ:AAPL) has a Zacks Rank #3 and an Earnings ESP of +5.56%.

The company is scheduled to report third-quarter fiscal 2019 results on Jul 30. The consensus mark for earnings has increased by a couple of cents to $2.12 over the past 30 days.

Apple Inc. Price and EPS Surprise

Apple Inc. Quote

Milpitas, CA-based FireEye (NASDAQ:FEYE) has a Zacks Rank #3 and an Earnings ESP of +33.33%.

The company is set to report second-quarter 2019 results on Jul 30. The consensus mark for earnings has been unchanged at 1 cent over the past 30 days.

FireEye, Inc. Price and EPS Surprise

FireEye, Inc. Quote

Fremont, CA-based Lam Research (NASDAQ:LRCX) has a Zacks Rank #3 and an Earnings ESP of +0.91%. The company is scheduled to report fourth-quarter fiscal 2019 results on Jul 31.

The Zacks Consensus Estimate for earnings has stayed at $3.40 over the past month.

Lam Research Corporation Price and EPS Surprise

Lam Research Corporation Quote

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Zacks Investment Research

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