With almost three-quarters of S&P 500 companies having reported earnings this season, it’s time to review the winners.
Below is a screen showing 20 U.S. technology companies that appear to be firing on all cylinders, with improving sales, gross margins and operating margins.
This quarterly earnings season, year-over-year comparisons of results for companies in many industries are distorted because of pandemic shutdowns in 2020. For example, second-quarter sales for Delta Air Lines Inc.
were up 385% from a year earlier.
So the following list of earnings-season winners is derived from the 74 companies in the S&P 500
information technology sector, plus six tech players in the communications sector, including Alphabet Inc.