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Zacks News
Here's Why You Should Hold on to Colfax (CFX) Stock for Now
by Zacks Equity Research
Colfax (CFX) is focused on expanding its existing platforms while gaining exposure in new ones. Although weak margin profile remains a drag, benefits from acquired assets will prove to be fruitful.
Sun Hydraulics (SNHY) to Acquire Faster Group for $531M
by Zacks Equity Research
Sun Hydraulics' (SNHY) buyout of Faster Group will strengthen its product portfolio and will create business opportunities in the industrial goods market.
MRC Global (MRC) Down on Q4 Earnings Miss, View Positive
by Zacks Equity Research
MRC Global (MRC) reports dismal fourth-quarter 2017 results. However, the company issued a positive outlook.
Barnes Group (B) Tops Q4 Earnings & Revenues, '18 View Solid
by Zacks Equity Research
Barnes Group's (B) fourth-quarter 2017 results gain from healthy organic sales growth, forex gains and benefits from acquired assets. Rising costs and expenses hurt margins.
EnPro Industries (NPO) Tops Q4 Earnings, Ups Dividend by 9%
by Zacks Equity Research
EnPro Industries' (NPO) fourth-quarter 2017 results were driven by a healthy business in the majority of the end markets served. Also, a 9% hike in quarterly dividend has been announced.
Tetra Tech (TTEK) Secures 5-Year $40M Contract From FAA
by Zacks Equity Research
Tetra Tech, Inc. (TTEK) secures contract from FAA for developing innovative information technology system which will help enhance safety standards of the aviation industry.
Emerson, AspenTech to Deliver Digital Technology Solutions
by Zacks Equity Research
Emerson (EMR) partners with Aspen Technology (AZPN) to deliver asset optimization software solutions along with global automation technologies and operational consulting services.
Gorman-Rupp's (GRC) Q4 Earnings Rise Y/Y, Margins Solid
by Zacks Equity Research
The Gorman-Rupp Company's (GRC) fourth-quarter 2017 profitability improves on sales growth in non-water markets. Fall in costs boosts margins.
Here's Why You Should Add Graco (GGG) to Your Portfolio
by Zacks Equity Research
Graco (GGG) is well poised to gain from healthy product demand in all three business segments. Geographical expansion and synergistic benefits from acquired assets are added benefits.
iRobot (IRBT) Beats on Q4 Earnings, Issues 2020 Guidance
by Zacks Equity Research
iRobot Corporation (IRBT) believes robust sales of premium home-robotic products and benefits of the company's marketing programs will boost its near-term results.
Snap-On (SNA) Q4 Earnings Beat on Robust Top-Line Growth
by Zacks Equity Research
Snap-On's (SNA) fourth-quarter 2017 earnings and revenues trump estimates on the back of broad-based organic growth and strong contribution from acquisitions.
RBC Bearings (ROLL) Beats Q3 Earnings & Revenue Estimates
by Zacks Equity Research
RBC Bearings Incorporated (ROLL) reported robust third-quarter fiscal 2018 results on the back of strong industrial and aerospace sales.
Colfax (CFX) Q4 Earnings Beat, Fall Y/Y, '18 View Intact
by Zacks Equity Research
Colfax Corporation's (CFX) fourth-quarter 2017 results suffered from a decline in operating income and higher interest expenses. Lower taxes, however, provided relief.
Why Xylem (XYL) Is a Must-Add Stock to Your Portfolio
by Zacks Equity Research
Xylem Inc. (XYL) poised to grow on the back of solid segmental revenues, ongoing productivity-enhancement moves, working capital improvements and increased liquidity.
Dover (DOV) Rides on Acquisitions, Leaner Portfolio Strategy
by Zacks Equity Research
Dover (DOV) is likely to gain from its efforts to prune its portfolio, pursue acquisitions and invest in market-leading platforms that have strong market positions and margin profiles.
Applied Industrial Closes FCX Performance Deal, Lowers View
by Zacks Equity Research
FCX Performance assets will solidify Applied Industrial's (AIT) foothold in the industrial market while will prove dilutive to earnings in fiscal 2018.
Xylem (XYL) Earnings Meet, Revenues Beat Estimates in Q4
by Zacks Equity Research
Xylem Inc.'s (XYL) fourth-quarter 2017 earnings come in line with the Zacks Consensus Estimate. However, revenues surpassed estimates.
Tetra Tech (TTEK) Q1 Earnings & Revenues Beat, Grows Y/Y
by Zacks Equity Research
Tetra Tech (TTEK) reported solid first-quarter fiscal 2018 results on the back of strong demand across the company's end markets as well as increased work for its U.S. state and local clients.
Parker-Hannifin (PH) Q2 Earnings & Sales Beat, View Up Again
by Zacks Equity Research
Parker-Hannifin (PH) posts strong second-quarter fiscal 2018 earnings on the back of robust revenue growth and margin expansion.
Cimpress (CMPR) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Cimpress (CMPR) Q2 earnings decline due to significant rise in operating expenses despite top-line growth.
Avery Dennison (AVY) Beats on Q4 Earnings, Issues 2018 View
by Zacks Equity Research
Avery Dennison (AVY) expects to deliver solid top-line and double-digit EPS growth in 2018. Further, continued execution of strategies will help achieve profitable growth and improving returns.
Dover (DOV) Tops Q4 Earnings Estimates, Issues 2018 Guidance
by Zacks Equity Research
Dover (DOV) expects to benefit in 2018 from continuous focus on execution of strategies, organic growth and margin expansion.
Applied Industrial's (AIT) Shares Up on Q2 Earnings Beat
by Zacks Equity Research
Applied Industrial (AIT) reports solid results on the back of favorable U.S. industrial market conditions and raises earnings per share view for fiscal 2018.
RBC Bearings (RBC) Displays Bright Prospects, Eyes Growth
by Zacks Equity Research
RBC Bearings Inc. (ROLL) intends to boost near-term competency on the back of elevated industrial sales, wider margins and lower debt.
MRC Global Secures PVF Contract Renewal From DCP Midstream
by Zacks Equity Research
MRC Global (MRC) will continue to provide pipe, valve and fitting products and services to DCP Midstream Partners, LP, according to the latest five-year contract renewal.