What to expect from TCS and rest of IT sector this earning season? Moshe Katri explains
IT is expected to have a better earnings setup than feared in the coming quarters, with the Street looking for 8-10% growth. This optimism is based on Accenture’s spectacular bookings and record pipelines reported by ISG. However, macroeconomic instability, particularly around the BFSI industry, remains a concern. In terms of TCS, the critical factors to watch out for are pipeline conversion, sales cycles, and pricing.
