IT Service Stocks Earnings Slated for Jul 26: DOX, UIS, CTG

Second quarter earnings have started to take center stage and results from 126 S&P 500 members or 32.7% of the index’s total market capitalization are already out.

So far, total earnings for these 126 index members are down 1.1% year over year on 2.6% lower revenues, with 70.6% beating EPS estimates and 55.6% coming ahead of top-line expectations.

The technology sector so far has had a mediocre run with total earnings of the companies, representing 38% of the sector’s total market capitalization in the S&P 500 index, down 0.2% on 6.3% higher revenues, with 75% beating EPS estimates and 81.3% coming ahead of top-line expectations

This week’s lineup includes leading IT service companies - Amdocs Limited DOX, Unisys Corporation UIS and Computer Task Group Inc. CTG, all of which are scheduled to report earnings on Jul 26. Let’s take a sneak peek into how these companies are poised ahead of their releases.

Unisys Corporation is a worldwide technology services and solutions company.

For the quarter, this Zacks Rank #3 (Hold) company has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate estimate are poised at 25 cents.

Last quarter, Unisys posted a negative earnings surprise of 73.81%.The company has exceeded the consensus mark thrice in the preceding four quarters, resulting in a positive average surprise of 11.63%.

UNISYS Price and EPS Surprise

UNISYS Price and EPS Surprise | UNISYS Quote

Amdocs Limited is a leading provider of customer care, billing and order management systems for communications and Internet services.

For the quarter, Amdocs has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate estimate are poised at 81 cents. It carries a Zacks Rank #3.

Last quarter, the company posted a positive earnings surprise of 6.17%. Amdocs has exceeded the consensus mark twice and matched the same on the other two occasions in the preceding four quarters, resulting in a positive average surprise of 1.86%.

AMDOCS LTD Price and EPS Surprise

AMDOCS LTD Price and EPS Surprise | AMDOCS LTD Quote

Computer Task Group Inc. provides information technology (IT) staffing, IT solutions, and application management outsourcing services in North America and Europe.

For the quarter, Computer Task Group has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate estimate are poised at 4 cents and it also carries a Zacks Rank #3.

Last quarter, the company’s earnings were in line with the Zacks Consensus Estimate. Computer Task Grouphas exceeded the consensus mark thrice and matched it once in the preceding four quarters, resulting in a positive average surprise of 128.41%.

COMP TASK Price and EPS Surprise

COMP TASK Price and EPS Surprise | COMP TASK Quote

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