Electronics Stocks' Q2 Earnings On Jul 26: ACPW, AXE & More

Technology should be on everyone’s radar now, with the sector’s earnings taking centre stage this week. So far, companies in this space have had a mediocre run, with total earnings, representing 38% of the sector’s total market capitalization in the S&P 500 index, declining 0.2% on 6.3% higher revenues. In fact, as per our latest Zacks Earnings Trend report, earnings for the overall Technology sector are expected to be down 3% year over year this quarter.

This week, the sector will likely be in focus, given major Electronics companies’ slated to release earnings.

Of these, let’s see what’s in the cards for these four Electronics stocks – Active Power Inc. ACPW, Anixter International Inc. AXE, Arrow Electronics Inc. ARW and RadiSys Corporation RSYS.

Active Power is anticipated to report second-quarter 2016 results. The company designs, manufactures and markets power quality products that provide consistent and reliable electric power, as required by the present digital economy. For the quarter, this Zacks Rank #3 (Hold) stock has an Earnings ESP of 0.00%.

The Zacks Consensus Estimate for the quarter is pegged at loss of 12 cents. Last quarter, the company posted a negative earnings surprise of 20.00%. Notably, Active Power has underperformed the Zacks Consensus Estimate in three out of the trailing four quarters, with an average negative earnings surprise of 63.75%.

ACTIVE POWER Price and EPS Surprise

ACTIVE POWER Price and EPS Surprise | ACTIVE POWER Quote

Anixter is set to report second-quarter results. The company is a leading global distributor of communication products used in building enterprise and service provider data, voice and video networks. For the second quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%.

The Zacks Consensus Estimate for this quarter is pegged at $1.30.Last quarter, the company posted a positive earnings surprise of 13.58%. Notably, Anixter has outperformed the Zacks Consensus Estimate thrice in the trailing four quarters and missed the same once, resulting in an average positive earnings surprise of 3.66%.

ANIXTER INTL Price and EPS Surprise

ANIXTER INTL Price and EPS Surprise | ANIXTER INTL Quote

Arrow Electronics is anticipated to report second-quarter 2016 results. The company is the world's largest distributor of electronic components and computer products to industrial and commercial customers. For the quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%.

The Zacks Consensus Estimate for the quarter is pegged at $1.66. Last quarter, the company posted a positive earnings surprise of 2.14%. Notably, Arrow Electronics has surpassed the Zacks Consensus Estimate thrice in the four preceding quarters with an average positive surprise of 1.66%. (Read more: Arrow Electronics (ARW) Q2 Earnings: Stock to Surprise?)

ARROW ELECTRONI Price and EPS Surprise

ARROW ELECTRONI Price and EPS Surprise | ARROW ELECTRONI Quote

RadiSys will report second-quarter results. The company is a leader in computer-based building blocks used by original equipment manufacturers for products in the telecommunications and networked equipment markets. For this quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%. The Zacks Consensus Estimate for the quarter is pegged at $1.66.

RADISYS CORP Price and EPS Surprise

RADISYS CORP Price and EPS Surprise | RADISYS CORP Quote

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ACTIVE POWER (ACPW): Free Stock Analysis Report
 
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