CNBC: Q3 earnings outlook

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As third quarter earnings kick off, I returned to CNBC “Closing Bell” to discuss specific companies and outlook for different sectors. Overall we are expecting Q3 earnings to surprise moderately to the upside, but anticipate material reductions in guidance going forward, which will result in a drop in 2017 estimates over the next six months.

During the segment, which you can view below, we talk about areas of the tech sector we currently favor — semiconductors, cloud software and solid state memory — and touch on Intel’s earnings report. The rationale behind our favor of commercial aerospace is also examined.

charlie