Rockwell Collins Inc. COLis slated to report second-quarter fiscal 2018 results on Apr 27, before the opening bell.
The aviation electronics maker posted in-line earnings in the last reported quarter. Impressively, Rockwell Collins surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with an average beat of 2.
Let’s take a detailed look at the factors influencing Rockwell Collins' quarterly results.
Why a Likely Positive Surprise?
Our proven model shows that Rockwell Collins is likely beat earnings this quarter because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESPand a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to be able to beat estimates.
Zacks ESP: Rockwell Collins has an Earnings ESPof +0.19%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Rockwell Collins carries a Zacks Rank #2, which along with positive Earnings ESP increases the probability of a positive earnings surprise.
Note that we caution against Sell-rated stocks (Zacks Rank #4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.