Q2 Guidance Reveals A Growing Divide Between Tech And The Rest Of The Market

S&P 500 companies have released Q2 earnings guidance, with many sectors reporting negative EPS outlooks. Technology stands out as the only sector with a clear majority of positive guidance, with roughly 40 companies raising EPS expectations, far more than any other sector. This strength continues to be driven by the AI-fueled tech rally. In contrast, Industrials and Consumer Discretionary have issued mostly negative guidance, reflecting a more challenging outlook.

Source: FactSet, The Business Week Graphic

This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.