Electronic Stocks Earnings Slated Next Week: A, JKHY & More

The second quarter earnings season is drawing to a close with results from 454 S&P 500 companies or 92.1% of the index’s total market capitalization already out. The numbers are bleak with total earnings down 3.7% from the same period last year on 0.7% lower revenues.

It is now clear that Q2 is headed to be the fifth consecutive quarter of earnings decline. Notably, the rate of decline has slowed down slightly from the previous quarter.

Technology sector results have been notably better than expected. We now have results from over 88.4% of the sector’s total market cap in the index. Total earnings of these tech companies are down 1.2% from the same period last year in spite of 2.5% higher revenues.

Let’s take a look at five electronics stocks - Agilent Technologies, Inc. (NYSE:A) , Jack Henry & Associates Inc. (NASDAQ:JKHY) , Keysight Technologies, Inc. (NYSE:KEYS) , Fabrinet (NYSE:FN) and OSI Systems, Inc. (NASDAQ:OSIS) , which are scheduled to release quarterly numbers next week.

Agilent Technologies will report third quarter fiscal 2016 results on Aug 17. Agilent is the world's premier measurement company and a technology leader in communications, electronics, life sciences and chemical analysis.

For the quarter, this Zacks Rank #3 (Hold) company has an Earnings ESP of 0.00%. The Zacks Consensus Estimate is pegged at 47 cents.

Last quarter, the company posted a positive earnings surprise of 12.82%. Notably, Agilent Technologies has surpassed the Zacks Consensus Estimate in each of the four preceding quarters with an average positive surprise of 8.38%.

Jack Henry & Associates will report fourth quarter fiscal 2016 results on Aug 16. The company is a leading provider of integrated technology solutions and data processing services for financial institutions.

For the quarter, this Zacks Rank #3 company has an Earnings ESP of 0.00%. The Zacks Consensus Estimate is pegged at 80 cents.

Last quarter, the company posted a positive earnings surprise of 3.03%. Notably, the company has surpassed the Zacks Consensus Estimate in the past four preceding quarters with an average beat of 7.59%.

Keysight Technologies will report third quarter fiscal 2016 results on Aug 17. It is an applied technology company that provides electronic measurement solutions to the communications and electronics industries.

For the quarter, the company has an Earnings ESP of 0.00% and a Zacks Rank #3. The Zacks Consensus Estimate stands at 53 cents.

Last quarter, the company posted a positive earnings surprise of 16.00%. Notably, the company has surpassed the Zacks Consensus Estimate in each of the four preceding quarters with an average beat of 13.90%.

Fabrinet will report fourth quarter fiscal 2016 results on Aug 15. The company provides precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers.

For the quarter, the company has an Earnings ESP of 0.00% and a Zacks Rank #3. The Zacks Consensus Estimate stands at 60 cents.

Last quarter, the company posted a negative earnings surprise of 5.56%. Fabrinet has matched the Zacks Consensus Estimate in two of the four preceding quarters with an average negative surprise of 0.72%.

OSI Systems will report fourth quarter fiscal 2016 results on Aug 16. It is a premier worldwide designer and provider of components, subsystems and end-products based on optical and electromechanical pressure sensor technologies.

For the quarter, this Zacks Rank #2 (Buy) company has an Earnings ESP of 0.00%. The Zacks Consensus Estimate is pegged at 49 cents.

Last quarter, the company posted a negative earnings surprise of 1.54%. The company has surpassed the Zacks Consensus Estimate twice and missed it on two occasions in the preceding four quarters with an average negative surprise of 10.96%.