Tech Q1 Earnings Outlook Remains Cautious

By | April 13, 2015

Scalper1 News

The tech Q1 earnings season begins Tuesday, with Wall Street cautious even though Q4 tech results easily trumped a less conservative outlook. As with Q4, concerns about the strong dollar and weakness in Europe are among the reasons 27 of the 66 tech companies in the S&P 500 issued negative guidance for the quarter, according to Thomson Reuters. Only five issued positive guidance. “Tech is less negative than the overall index, but Scalper1 News

Scalper1 News