Intel Corp., TRW Automotive Holdings Corp., Ford Motor Co., General Motors
Company and Volkswagen AG highlighted in Zacks Analyst Blog
CHICAGO, Jan. 18, 2013
CHICAGO, Jan. 18, 2013 /PRNewswire/ --Zacks.com announces the list of stocks
featured in the Analyst Blog. Every day the Zacks Equity Research analysts
discuss the latest news and events impacting stocks and the financial markets.
Stocks recently featured in the blog include Intel Corp. (INTC), TRW
Automotive Holdings Corp. (TRW), Ford Motors Company (F), General Motors
Company (GM) and Volkswagen AG (VLKAY).
Today, Zacks is promoting Four daily picks are offered free.
Here are highlights from Friday's Analyst Blog:
Intel Excited to Show Earnings Beat
Well, if you waited until after normal Thursday trading to catchIntel Corp's
(INTC) Q4 earnings report, you missed it. The chip giant and Dow component
generated another positive earnings surprise after the bell -- er, just before
the bell -- by posting EPS of 48 cents per quarter on $13.53 billion in
revenues. Both numbers beat expectations.
They didn't beat the Zacks Consensus Estimates of 45 cents and $13.2 billion,
respectively, by a heck of a lot, but this is pretty much besides the point.
Not only have we seen Intel lose out to competitors in the smartphone chipset
market over past quarters, but Windows 8 failed to give traction to the PC
market in the quarter, which is where Intel remains a leader.
Oh, and don't forget the pre-earnings sentiment that Tech was going down the
tubes. Intel becomes the latest in a growing group of Tech beats this quarter.
Let's also not lose sight of the fact that Intel has outperformed for the last
5 quarters in a row -- including Q3's very nice 20% beat -- by an average of
roughly 8%. Not bad for a dinosaur.
TRW's New Tech in Chrysler Trucks
TRW Automotive Holdings Corp. (TRW) has introduced the Passive Entry system in
Chrysler's new 2013 Ram trucks. This system will offer vehicle owners a
greater level of convenience than traditional Remote Keyless Entry (RKE)
With this launch, the company will be able to offer its Radio Frequency
products to customers with enhanced value and features, while integrating the
entry system functional control into a single electronic control unit.
The Passive Entry system, which is commercialized under the name Keyless Enter
'n Go, operates by automatically unlocking the vehicle doors with the
detection of key-fob around the proximity of the vehicle. There is no need for
pressing any button for this technology.
The other advantages available with this technology are lighting of the
interior of the vehicle during the night and starting the engine by pressing a
start/stop button. Moreover, it also alerts the driver if the key fob is left
in the car while the engine is still running.
Key fobs store vehicle data including mileage, tire pressure, vehicle service
information and navigation map information. It also stores personal settings
for interior features including seat and mirror positions, radio and air
TRW reported adjusted earnings per share of $1.24 in the third quarter of
2012, down 9.5% from $1.37 in the year-ago quarter. The year-over-year decline
in earnings was attributable to higher effective tax rate. However, earnings
surpassed the Zacks Consensus Estimate by 8 cents per share.
Revenues in the quarter edged up 1.3% to $3.96 billion, beating the Zacks
Consensus Estimate of $3.90 billion. The increase was driven by higher demand
for the company's active and passive safety products, higher vehicle
production in North America and improved global sales. This was partially
offset by lower vehicle production in Europe and adverse currency translation
TRW Automotive is one of the world's largest manufacturers of advanced
technology products and services for the automotive market. Together with
continuous research and development, the company is well positioned to benefit
from the changing demands of both established and emerging markets for
advanced and affordable safety solutions.
The major customers of TRW include Ford Motor Co. (F), General Motors Company
(GM) and Volkswagen AG (VLKAY). Currently, the company retains a Zacks Rank #3
Today, Zacks is promoting Four daily picks are offered free.
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