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 moved northward over the last 7 days and presently the consensus estimate stands at $1.59.
Talking about the earnings surprise, COL came out with positive earnings surprise in three of the last four earnings reports marking an average positive surprise of 5.91%.
The company currently has a Zacks Rank #4 (Sell). Going further things could definitely change given the company’s recently released earnings results.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings Beat: Rockwell Collins reported third-quarter fiscal 2016 adjusted earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.59 per share.
Revenue Miss: The company failed to beat the revenue expectations. Rockwell Collins posted revenues of $1.33 billion for the third quarter, compared to our consensus estimate of $1.35 billion.
Key Stats to Note: The company narrowed its fiscal 2016 earnings outlook in the range of $5.50-$5.55 per share (versus $5.45-$5.65) on revenues of $5.3 billion (versus $5.3 billion-$5.4 billion earlier).
Check back later for our full write up on this Rockwell Collins earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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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 moved northward over the last 7 days and presently the consensus estimate stands at $1.59.
Talking about the earnings surprise, COL came out with positive earnings surprise in three of the last four earnings reports marking an average positive surprise of 5.91%.
The company currently has a Zacks Rank #4 (Sell). Going further things could definitely change given the company’s recently released earnings results.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings Beat: Rockwell Collins reported third-quarter fiscal 2016 adjusted earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.59 per share.
Revenue Miss: The company failed to beat the revenue expectations. Rockwell Collins posted revenues of $1.33 billion for the third quarter, compared to our consensus estimate of $1.35 billion.
Key Stats to Note: The company narrowed its fiscal 2016 earnings outlook in the range of $5.50-$5.55 per share (versus $5.45-$5.65) on revenues of $5.3 billion (versus $5.3 billion-$5.4 billion earlier).
Check back later for our full write up on this Rockwell Collins earnings report later!
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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>