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 $1.58.
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 2.45%.
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 third-quarter fiscal 2017 adjusted earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.58 per share.
Revenue Beat: The company beat the revenue expectations. Rockwell Collins posted revenues of $2,094 million for the third quarter, compared to our consensus estimate of $2,026 million.
Key Stats to Note: The company expects its fiscal 2017 revenue to be about $6.8 billion, compared to earlier projection range of $6.7–$6.8 billion.
Check back later for our full write up on this Rockwell Collins earnings report later!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaries," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Rockwell Collins (COL) Beats Q3 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 7 days and the consensus estimate stands at $1.58.
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 2.45%.
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 third-quarter fiscal 2017 adjusted earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.58 per share.
Revenue Beat: The company beat the revenue expectations. Rockwell Collins posted revenues of $2,094 million for the third quarter, compared to our consensus estimate of $2,026 million.
Key Stats to Note: The company expects its fiscal 2017 revenue to be about $6.8 billion, compared to earlier projection range of $6.7–$6.8 billion.
Rockwell Collins, Inc. Price and EPS Surprise
Rockwell Collins, Inc. Price and EPS Surprise | Rockwell Collins, Inc. Quote
Check back later for our full write up on this Rockwell Collins earnings report later!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaries," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>