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 30 days and the consensus estimate stands at $1.31.
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 2.07%.
The company currently has a Zacks Rank #3 (Hold). 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(Strong Buy) Rank stocks here.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings Beat: Rockwell Collins reported second-quarter fiscal 2017 adjusted earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.31 per share.
Revenue Beat: The company successfully beat the revenue expectations. Rockwell Collins posted revenues of $1,342 million for the first quarter, compared to our consensus estimate of $1,330 million.
Key Stats to Note: The company has raised its fiscal 2017 revenue guidance to the range of $6.7–$6.8 billion, compared to earlier projection range of $5.3 -$5.4 billion. It also provided adjusted earnings guidance in the range of $5.95–$6.15.
Check back later for our full write up on this Rockwell Collins earnings report later!
Zacks' 2017 IPO Watch List
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Rockwell Collins (COL) Tops Q2 Earnings & Revenue Estimates
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 30 days and the consensus estimate stands at $1.31.
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 2.07%.
The company currently has a Zacks Rank #3 (Hold). 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(Strong Buy) Rank stocks here.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings Beat: Rockwell Collins reported second-quarter fiscal 2017 adjusted earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.31 per share.
Revenue Beat: The company successfully beat the revenue expectations. Rockwell Collins posted revenues of $1,342 million for the first quarter, compared to our consensus estimate of $1,330 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 has raised its fiscal 2017 revenue guidance to the range of $6.7–$6.8 billion, compared to earlier projection range of $5.3 -$5.4 billion. It also provided adjusted earnings guidance in the range of $5.95–$6.15.
Check back later for our full write up on this Rockwell Collins earnings report later!
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>