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Colfax to Grow on Brands & Acquisitions, Competition a Drag

2017-11-16 zacks
We have issued an updated research report on Colfax Corporation (CFX - Free Report) on Nov 15. Strengthening end markets, efforts to innovate and introduce new products and synergistic benefits from acquired assets will prove beneficial. However, the growth momentum might get restricted by headwinds rising from international exposure, industry competition and global uncertainties. Colfax currently carries a Zacks Rank #3 (Hold). (20-0)

Luxfer Holdings to Buy ESM Group's Specialty Metals Business

2017-11-16 zacks
Premium material technology company Luxfer Holdings PLC (LXFR - Free Report) is set to acquire the Specialty Metals business of ESM Group Inc. (ESM Group), for an undisclosed amount. By integrating the new business, the company intends to streamline its operations and enhance the product portfolio. Shares of Luxfer Holdings remained nearly flat even after the company announced the agreement on Nov 14. (15-0)

Nordson to Continue Gaining Traction From Plastics Business

2017-11-13 zacks
Nordson Corporation (NDSN - Free Report) has established itself as one of the biggest players in the plastics industry. The company is believed to have entered the market back in 2012 and there was no looking back for it since then. A sneak peek into the last five fiscal years (fiscal 2012-fiscal 2016) financial performance reveals that Nordson’s earnings have increased roughly 37% while its returns to shareholders in the form of dividend payments surged 88. (18-0)

Middleby (MIDD) Eyes Growth on Buyouts, Headwinds Linger

2017-11-10 zacks
We issued an updated research report on premium diversified machinery company The Middleby Corporation (MIDD - Free Report) on Nov 10. (30-0)

Middleby's (MIDD) Q3 Earnings Miss Estimates, Revenues Beat

2017-11-08 zacks
The company’s quarterly adjusted earnings (excluding the impact of restructuring expenses of 5 cents per share) came in at $1.36 per share, missing the Zacks Consensus Estimate of $1.41. However, the bottom line came ahead of the year-ago tally of $1.34 per share. (65-0)

Sun Hydraulics (SNHY) Beats Q3 Earnings, Sales, Ups '17 View

2017-11-08 zacks
Sun Hydraulics Corporation (SNHY - Free Report) reported impressive results for third-quarter 2017, marking the third consecutive quarter of a positive earnings surprise. The quarter’s non-GAAP adjusted earnings came in at 43 cents per share, surpassing the Zacks Consensus Estimate of 36 cent by 19.4%. Also, the bottom line increased 126% from the year-ago tally of 19 cents. Organic and Inorganic Gains Drive Revenues Net sales in the quarter were $88 million, topping the Zacks Consensus Estimate of $80 million by 9. (37-0)

Emerson's (EMR) Q4 Earnings & Sales Top, Guidance Upbeat

2017-11-07 zacks
Emerson Electric Co. (EMR - Free Report) reported fourth-quarter fiscal 2017 adjusted earnings of 83 cents per share, which trumped the Zacks Consensus Estimate of 80 cents by 3.8%, and grew 12% year over year. (12-0)

Colfax (CFX) Posts In Line Q3 Earnings, Maintains '17 View

2017-11-07 zacks
Machinery company Colfax Corporation (CFX - Free Report) reported mixed results for third-quarter 2017. The company’s adjusted earnings came in at 42 cents per share, in line with the Zacks Consensus Estimate while surpassing the year-ago tally by 7.7%. The year-over-year improvement was backed by organic revenue growth and gains from acquired assets, partially offset by higher cost of sales and operating expenses. (13-0)

RBC Bearings (ROLL) Q2 Earnings Miss Estimates, Revenues Top

2017-11-06 zacks
Premium machine tools & accessories company RBC Bearings Incorporated (ROLL - Free Report) reported mixed results for second-quarter fiscal 2018 (ended Sep 30, 2017). Earnings and Revenues (34-0)

MRC Global (MRC) Misses Q3 Earnings and Revenue Estimates

2017-11-04 zacks
MRC Global Inc. (MRC - Free Report) reported lower-than-expected results for third-quarter 2017. Bottom-Line Performance Quarterly adjusted earnings came in at 2 cents per share, missing the Zacks Consensus Estimate of 7 cents. However, the company had reported a loss of 6 cents per share in the prior-year quarter. Top-Line Performance Sales in the reported quarter came in at $959 million, missing the Zacks Consensus Estimate of $964 million. (34-0)

Parker-Hannifin (PH) Q1 Earnings & Sales Beat, View Raised

2017-11-03 zacks
Parker-Hannifin Corporation (PH - Free Report) kept its impressive streak of beating estimates alive for the ninth consecutive quarter, as the company's first-quarter fiscal 2018 adjusted earnings of $2.24 per share trumped the Zacks Consensus Estimate of $2.02 by 10.9%. (4-0)

Xylem (XYL) Tops Q3 Earnings Estimates, Raises 2017 EPS View

2017-10-31 zacks
Premium water solutions provider Xylem Inc. (XYL - Free Report) reported better-than-expected results for third-quarter 2017. Earnings Quarterly adjusted earnings came in at 65 cents per share, beating the Zacks Consensus Estimate by a penny. The bottom line also surpassed the year-ago tally of 54 cents per share. Revenues Quarterly revenues came in at $1,195 million, up 33.2% year over year. The top line also outpaced the Zacks Consensus Estimate of $1,175 million. (23-0)

Xylem (XYLU) to Report Q3 Earnings: What's in the Offing?

2017-10-27 zacks
Xylem Inc. (XYL - Free Report) is slated to report third-quarter 2017 results on Oct 31, before the market opens. Over the last three months, Xylem’s shares yielded a return of 13.8%, outperforming 9.4% growth recorded by the industry. (28-0)

Applied Industrial (AIT) Q1 Earnings & Sales Beat, Up Y/Y

2017-10-26 zacks
Applied Industrial Technologies, Inc. (AIT - Free Report) reported better-than-expected results for first-quarter fiscal 2018 (ended Sep 30, 2017). The company is poised to grow on the back of greater operational efficacy, robust sales and strategic business expansion. Earnings and Revenues Quarterly adjusted earnings came in at 86 cents per share, comfortably surpassing the Zacks Consensus Estimate of 76 cents. (14-0)

A.O. Smith's (AOS) Q3 Earnings Beat on Strong Sales Momentum

2017-10-25 zacks
A. O. Smith Corporation (AOS - Free Report) reported third-quarter 2017 earnings per share of 54 cents, ahead of the Zacks Consensus Estimate of 53 cents, thereby resuming its earnings beat streak of 23 straight quarters, which it broke just once as it reported in-line earnings last quarter. (20-0)

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