Two Tech Stocks Set to Surpass Earnings Expectations: BILL and ETSY

Finding stocks that are likely to exceed quarterly earnings expectations is a strategic approach that investors can employ to potentially enhance their portfolio returns. A crucial tool that aids in this endeavor is the Zacks Earnings ESP (Expected Surprise Prediction), which helps identify companies that might surpass earnings estimates based on proprietary methodologies. Utilizing the Zacks Earnings ESP, we have identified two compelling computer and technology stocks, BILL and ETSY, that merit investors' attention as they exhibit a strong propensity to beat earnings estimates.

Bill.com Holdings, Inc. BILL - Digitizing Financial Operations

Bill.com Holdings, Inc. BILL, a prominent player in cloud-based software solutions, specializes in digitizing and automating back-office financial operations for small to medium-sized businesses around the world. The company's strong product offering, combined with its strategic position in the market, makes it a candidate likely to surprise positively with its upcoming earnings report. Operating from its headquarters in Palo Alto, California, BILL continues to drive innovation and efficiency in the financial space, which may translate into robust financial results.

Etsy, Inc. ETSY - A Hub for Unique Goods and Crafts

The American e-commerce giant Etsy, Inc. ETSY is another stock to keep an eye on for investors focused on the technology sector. ETSY has carved out a niche market by offering a platform for handmade, vintage items, and craft supplies. With a diverse array of products ranging from jewelry and clothing to home decor and art, Etsy's unique value proposition sets it apart in the digital marketplace. The focus on one-of-a-kind merchandise is a key aspect that could lead to ETSY outperforming earnings expectations as it caters to a customer base seeking original and artisanal products.

earnings, technology, stocks