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Information technology (IT) companies will kick off the first-quarter earnings season in July amid expectations they will post strong revenue growth, offset by pressure on profit margins exerted by higher. wage costs. IT companies including Infosys and HCL Technologies are unlikely to change their full-year guidance despite concerns of a recession in the US and Europe, analysts said.
Major IT companies typically announce their earnings for the three months ended June in the first fortnight of July, with Infosys and Tata Consultancy Services leading the pack.
The earnings season follows a tumultuous quarter marked by worries over the Russia-Ukraine war, accelerating inflation and tightening of interest rates by global central banks to cool it, supply-chain disruptions, and tumbling financial markets.
IT stocks have fallen the most among sectors, with the Nifty IT index correcting 29 percent from its high in January. Higher valuations and rising fears of an economic slowdown, even recession, in the US and Europe, the biggest markets for IT companies, weighed on the sector
Information technology (IT) companies will kick off the first-quarter earnings season in July amid expectations they will post strong revenue growth, offset by pressure on profit margins exerted by higher. wage costs. IT companies including Infosys and HCL Technologies are unlikely to change their full-year guidance despite concerns of a recession in the US and Europe, analysts said.
Major IT companies typically announce their earnings for the three months ended June in the first fortnight of July, with Infosys and Tata Consultancy Services leading the pack.
The earnings season follows a tumultuous quarter marked by worries over the Russia-Ukraine war, accelerating inflation and tightening of interest rates by global central banks to cool it, supply-chain disruptions, and tumbling financial markets.
IT stocks have fallen the most among sectors, with the Nifty IT index correcting 29 percent from its high in January. Higher valuations and rising fears of an economic slowdown, even recession, in the US and Europe, the biggest markets for IT companies, weighed on the sector
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Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.