QTEC - How Are The Tech Sector's EPS Revisions Holding Up?

January, 26 2021 01:41 AM First Trust NASDAQ-100 Technology Sector Index Fd

While the Tech sector's "expected" EPS growth for 2021 has slowed from 18% this past summer to 14% today, note that quarter-by-quarter changes have been consistently upward for the Tech sector.
Personally, I put more weight on the quarterly data since it's the "bottom-up" estimates from sell-side analysts, while the annual metrics can include strategist estimates that might be less accurate and "rigorous."
With the release of the 5G phone, Apple should see a good quarter when they report Tuesday night. The December quarter for Apple is typically and consistently their strongest of the year.

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Company Name:	First Trust NASDAQ-100 Technology Sector Index Fd
Stock Symbol:	QTEC
Market:	NASDAQ