Aviat Networks, Inc. (AVNW) Beats Q3 Earnings and Revenue Estimates

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Aviat Networks, which belongs to the Zacks Wireless Equipment industry, posted revenues of $11 ...