5 Technology Stocks Set To Beat Estimates In Q3 Earnings
Zacks Investment Research | Oct 14, 2019 11:06PM ET
Technology stocks are anticipated to show a lackluster third-quarter 2019 performance, 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 Dell Technologies Inc. Quote
Walldorf, Germany-based SAP SE (DE:SAPG) (NYSE:SAP) has a Zacks Rank #3 and an Earnings ESP of +4.35%.
The company is scheduled to report third-quarter 2019 results on Oct 21. The consensus mark for earnings has increased 4.5% to $1.38 over the past 30 days.
SAP SE Price and EPS Surprise
Phoenix, AZ-based Avnet (NASDAQ:AVT) has a Zacks Rank #3 and an Earnings ESP of +2.68%.
The company is set to report third-quarter 2019 results on Oct 24. The consensus mark for earnings has been stable at 65 cents over the past 30 days.
Avnet, Inc. Price and EPS Surprise
Tel Aviv, Israel-based Check Point Software Technologies (NASDAQ:CHKP) has a Zacks Rank #3 and an Earnings ESP of +2.68%. The company is scheduled to report third-quarter 2019 results on Oct 28.
The Zacks Consensus Estimate for earnings has stayed at $1.40 over the past month.
Check Point Software Technologies Ltd. Price and EPS Surprise
Chicago, IL-based Littelfuse (NASDAQ:LFUS) has a Zacks Rank #3 and an Earnings ESP of +2.68%. The company is scheduled to report third-quarter 2019 results on Oct 30.
The Zacks Consensus Estimate for earnings has increased by a penny to $1.57 over the past 30 days.
Littelfuse, Inc. Price and EPS Surprise
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