We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Electronics Stocks' Q2 Earnings on Jul 26: ACPW, AXE & More
Read MoreHide Full Article
Technology should be on everyone’s radar now, with the sector’s earnings taking centre stage this week. So far, companies in this space have had a mediocre run, with total earnings, representing 38% of the sector’s total market capitalization in the S&P 500 index, declining 0.2% on 6.3% higher revenues. In fact, as per our latest Zacks Earnings Trend report, earnings for the overall Technology sector are expected to be down 3% year over year this quarter.
This week, the sector will likely be in focus, given major Electronics companies’ slated to release earnings.
Of these, let’s see what’s in the cards for these four Electronics stocks – Active Power Inc. , Anixter International Inc. , Arrow Electronics Inc. (ARW - Free Report) and RadiSys Corporation .
Active Power is anticipated to report second-quarter 2016 results. The company designs, manufactures and markets power quality products that provide consistent and reliable electric power, as required by the present digital economy. For the quarter, this Zacks Rank #3 (Hold) stock has an Earnings ESP of 0.00%.
The Zacks Consensus Estimate for the quarter is pegged at loss of 12 cents. Last quarter, the company posted a negative earnings surprise of 20.00%. Notably, Active Power has underperformed the Zacks Consensus Estimate in three out of the trailing four quarters, with an average negative earnings surprise of 63.75%.
Anixter is set to report second-quarter results. The company is a leading global distributor of communication products used in building enterprise and service provider data, voice and video networks. For the second quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%.
The Zacks Consensus Estimate for this quarter is pegged at $1.30.Last quarter, the company posted a positive earnings surprise of 13.58%. Notably, Anixter has outperformed the Zacks Consensus Estimate thrice in the trailing four quarters and missed the same once, resulting in an average positive earnings surprise of 3.66%.
Arrow Electronics is anticipated to report second-quarter 2016 results. The company is the world's largest distributor of electronic components and computer products to industrial and commercial customers. For the quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%.
The Zacks Consensus Estimate for the quarter is pegged at $1.66. Last quarter, the company posted a positive earnings surprise of 2.14%. Notably, Arrow Electronics has surpassed the Zacks Consensus Estimate thrice in the four preceding quarters with an average positive surprise of 1.66%. (Read more: Arrow Electronics (ARW - Free Report) Q2 Earnings: Stock to Surprise?)
RadiSys will report second-quarter results. The company is a leader in computer-based building blocks used by original equipment manufacturers for products in the telecommunications and networked equipment markets. For this quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at $1.66.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Electronics Stocks' Q2 Earnings on Jul 26: ACPW, AXE & More
Technology should be on everyone’s radar now, with the sector’s earnings taking centre stage this week. So far, companies in this space have had a mediocre run, with total earnings, representing 38% of the sector’s total market capitalization in the S&P 500 index, declining 0.2% on 6.3% higher revenues. In fact, as per our latest Zacks Earnings Trend report, earnings for the overall Technology sector are expected to be down 3% year over year this quarter.
This week, the sector will likely be in focus, given major Electronics companies’ slated to release earnings.
Of these, let’s see what’s in the cards for these four Electronics stocks – Active Power Inc. , Anixter International Inc. , Arrow Electronics Inc. (ARW - Free Report) and RadiSys Corporation .
Active Power is anticipated to report second-quarter 2016 results. The company designs, manufactures and markets power quality products that provide consistent and reliable electric power, as required by the present digital economy. For the quarter, this Zacks Rank #3 (Hold) stock has an Earnings ESP of 0.00%.
The Zacks Consensus Estimate for the quarter is pegged at loss of 12 cents. Last quarter, the company posted a negative earnings surprise of 20.00%. Notably, Active Power has underperformed the Zacks Consensus Estimate in three out of the trailing four quarters, with an average negative earnings surprise of 63.75%.
ACTIVE POWER Price and EPS Surprise
ACTIVE POWER Price and EPS Surprise | ACTIVE POWER Quote
Anixter is set to report second-quarter results. The company is a leading global distributor of communication products used in building enterprise and service provider data, voice and video networks. For the second quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%.
The Zacks Consensus Estimate for this quarter is pegged at $1.30.Last quarter, the company posted a positive earnings surprise of 13.58%. Notably, Anixter has outperformed the Zacks Consensus Estimate thrice in the trailing four quarters and missed the same once, resulting in an average positive earnings surprise of 3.66%.
ANIXTER INTL Price and EPS Surprise
ANIXTER INTL Price and EPS Surprise | ANIXTER INTL Quote
Arrow Electronics is anticipated to report second-quarter 2016 results. The company is the world's largest distributor of electronic components and computer products to industrial and commercial customers. For the quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%.
The Zacks Consensus Estimate for the quarter is pegged at $1.66. Last quarter, the company posted a positive earnings surprise of 2.14%. Notably, Arrow Electronics has surpassed the Zacks Consensus Estimate thrice in the four preceding quarters with an average positive surprise of 1.66%. (Read more: Arrow Electronics (ARW - Free Report) Q2 Earnings: Stock to Surprise?)
ARROW ELECTRONI Price and EPS Surprise
ARROW ELECTRONI Price and EPS Surprise | ARROW ELECTRONI Quote
RadiSys will report second-quarter results. The company is a leader in computer-based building blocks used by original equipment manufacturers for products in the telecommunications and networked equipment markets. For this quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at $1.66.
RADISYS CORP Price and EPS Surprise
RADISYS CORP Price and EPS Surprise | RADISYS CORP Quote
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>