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 $1.80.
Talking about the earnings surprise, Rockwell Collins came out with positive earnings surprise in the last four earnings reports marking an average positive surprise of 2.77%.
The company currently has a Zacks Rank #2 (Buy). 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 In-Line: Rockwell Collins reported fourth-quarter fiscal 2017 adjusted earnings of $1.80 per share, in-line with the Zacks Consensus Estimate.
Revenue Miss: The company missed the revenue expectations. Rockwell Collins posted revenues of $2,193 million for the fourth quarter, compared to our consensus estimate of $2,240 million.
Key Stats to Note: Considering its pending acquisition by United Technologies, the company has not provided any guidance for fiscal year 2018.
Check back later for our full write up on this Rockwell Collins earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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Rockwell Collins (COL) Q4 Earnings in Line, Sales Lag
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 $1.80.
Talking about the earnings surprise, Rockwell Collins came out with positive earnings surprise in the last four earnings reports marking an average positive surprise of 2.77%.
The company currently has a Zacks Rank #2 (Buy). 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 In-Line: Rockwell Collins reported fourth-quarter fiscal 2017 adjusted earnings of $1.80 per share, in-line with the Zacks Consensus Estimate.
Revenue Miss: The company missed the revenue expectations. Rockwell Collins posted revenues of $2,193 million for the fourth quarter, compared to our consensus estimate of $2,240 million.
Key Stats to Note: Considering its pending acquisition by United Technologies, the company has not provided any guidance for fiscal year 2018.
Check back later for our full write up on this Rockwell Collins earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>