Technology Sector: Looking At The Last 5 Quarters' 'Upside Surprise' Factor
Source: SeekingAlpha
2025-07-08 19:25:00 ET
While the big tech companies for the most part don’t report until the 3rd or 4th week in July, looking over prior quarters' EPS and revenue growth rates for tech, here’s what the progression looked like in terms of where the quarter started, and how the actual growth rates compared to what was expected:
Q1 ’24: Tech sector EPS was expected to grow +20.9% at the start of the Q1 ’24 reporting season, while tech revenue was expected to grow +7.1%. Actual tech sector EPS growth was +27% for a 610 bp upside EPS surprise, while tech sector revenue actually grew +8.5% for a 140 bp upside surprise....
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Technology Sector: Looking At The Last 5 Quarters' 'Upside Surprise' Factor
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