Did These Stocks Miss or Beat Analyst Expectations?

Esterline Technologies Corp. (NYSE:ESL) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 22.22% to $1.12 in the quarter versus EPS of $1.44 in the year-earlier quarter. Revenue Decreased 1.04% to $499.6 million from the year-earlier quarter.

Esterline Technologies Corp. reported adjusted EPS income of $1.12 per share. By that measure, the company missed the mean analyst estimate of $1.25. It missed the average revenue estimate of $509.57 million.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

ESL

RBC Bearings Inc. (NASDAQ:ROLL) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share were the same at $0.69 in the quarter as EPS of $0.69 in the year-earlier quarter. Revenue Decreased 7.47% to $103 million from the year-earlier quarter.

RBC Bearings Inc. reported adjusted EPS income of $0.69 per share. By that measure, the company beat the mean analyst estimate of $0.61. It missed the average revenue estimate of $107.34 million.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

ROLL

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

More Articles About:   , ,  

More from The Cheat Sheet