Will These 5 Tech Giants Beat Expectations This Week?

  Google+  Twitter | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

The current earnings season is still early in the process, but investors appear to be enjoying the results. Last week, all three major indices logged their third consecutive weekly gain and continue to reach new highs.Man Measuring Money

The Dow Jones Industrial Average and S&P 500 are both at their best level in more than five years. However, some of the biggest firms on Wall Street report earnings this week.

Out of the companies that have reported financial results so far, 60.2 percent have beaten revenue estimates, according to Bespoke Investment Group. This is better than the previous two quarters and the fourth quarter of 2011. Meanwhile, 59.4 percent of companies have topped earnings estimates, inline with the previous four quarters.

Here’s a look at the biggest tech firms reporting earnings this week and their likelihood to beat expectations…

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business