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WFH - A Quick Look At Technology's Expected EPS Growth Rates In 2021
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For 2021, the initial estimates were looking for 17% expected growth so – as of today – the expected 14% growth for next year has almost closed the Covid-19 gap.
Q3 ’20 “actual” Tech sector earnings were 880 basis points better than what was expected on Oct 1 ’20.
The bullish sentiment around the S&P 500 today is another reason to be more cautious on 2021.