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Stock impact report

Reflecting On Engineered Components and Systems Stocks' Q4 Earnings: Enpro (NYSE:NPO) [Yahoo! Finance]

Arrow Electronics, Inc. (ARW) 
Last arrow electronics, inc. earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Engineered components and systems companies possess technical know-how in sometimes narrow areas such as metal forming or intelligent robotics. Lately, automation and connected equipment collecting analyzable data have been trending, creating new demand. On the other hand, like the broader industrials sector, engineered components and systems companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 13 engineered components and systems stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2.2% while next quarter's revenue guidance was 0.5% below. While some engineered components and systems stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.1% since the latest earnings results. Enpro (NYSE:NPO) Holding a Guinness World Record for crea Show less Read more
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