Rockwell Collins Inc. is the foremost global supplier of communications and avionics equipment for both commercial and military customers. It follows a strategic acquisition program. Apart from its acquisition-driven growth strategy, Rockwell Collins remains focused to expand its product and service offering through continuous investments in research and development activities.
However, dependence on international sales, a highly competitive market and high exposure to fixed-price contracts raise concerns.
Estimate Trend & Surprise History
Rockwell Collins’ current quarter estimate has remained stable over last 7 days and the consensus estimate stands at $1.14.
Talking about the earnings surprise, COL came out with positive earnings surprise in the last four earnings reports marking an average positive surprise of 6.85%.
The company currently has a Zacks Rank #4 (Sell). Going further things could definitely change given the company’s recently released earnings results.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings Beat: Rockwell Collins reported first-quarter fiscal 2017 adjusted earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.14 per share.
Revenue Miss: The company failed to beat the revenue expectations. Rockwell Collins posted revenues of $1,193 million for the first quarter, compared to our consensus estimate of $1,204 million.
Key Stats to Note: The company reiterated its fiscal 2017 revenue guidance in the range of $5.3 billion-$5.4 billion.
Check back later for our full write up on this Rockwell Collins earnings report later!
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Today, you are invited to download the full list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>
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Rockwell Collins (COL) Beats on Q1 Earnings, Revenues Miss
Rockwell Collins Inc. is the foremost global supplier of communications and avionics equipment for both commercial and military customers. It follows a strategic acquisition program. Apart from its acquisition-driven growth strategy, Rockwell Collins remains focused to expand its product and service offering through continuous investments in research and development activities.
However, dependence on international sales, a highly competitive market and high exposure to fixed-price contracts raise concerns.
Estimate Trend & Surprise History
Rockwell Collins’ current quarter estimate has remained stable over last 7 days and the consensus estimate stands at $1.14.
Talking about the earnings surprise, COL came out with positive earnings surprise in the last four earnings reports marking an average positive surprise of 6.85%.
The company currently has a Zacks Rank #4 (Sell). Going further things could definitely change given the company’s recently released earnings results.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings Beat: Rockwell Collins reported first-quarter fiscal 2017 adjusted earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.14 per share.
Revenue Miss: The company failed to beat the revenue expectations. Rockwell Collins posted revenues of $1,193 million for the first quarter, compared to our consensus estimate of $1,204 million.
Rockwell Collins Inc. Price and EPS Surprise
Rockwell Collins Inc. Price and EPS Surprise | Rockwell Collins Inc. Quote
Key Stats to Note: The company reiterated its fiscal 2017 revenue guidance in the range of $5.3 billion-$5.4 billion.
Check back later for our full write up on this Rockwell Collins earnings report later!
The Best Place to Start Your Stock Search
Today, you are invited to download the full list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>