Zacks Earnings Trends Highlights: Gartner, Adobe and Accenture
The article discusses the evolving earnings landscape, highlighting how the Tech sector's positive estimate revisions have substantially boosted overall S&P 500 Q1 estimates, offsetting negative trends in other sectors. Despite a generally positive outlook for Tech, specific areas like software and IT consulting, exemplified by Gartner's recent subpar guidance, face challenges due to AI disruption and disintermediation concerns. The Tech sector continues to play a critical role, contributing significantly to the S&P 500's total earnings and market capitalization.
https://www.theglobeandmail.com/investing/markets/stocks/ACN/pressreleases/185228/zacks-earnings-trends-highlights-gartner-adobe-and-accenture/