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Zacks News
IDEX Gains From Buyouts Despite Industrial Market Weakness
by Zacks Equity Research
IDEX (IEX) to gain from end-market exposure, restructuring measures, acquisitions and shareholder-friendly policies. Industrial market weakness is likely to hurt results in the first half of 2020.
IDEX's (IEX) Earnings and Revenues Miss Estimates in Q4
by Zacks Equity Research
IDEX's (IEX) fourth-quarter 2019 revenues decline year over year primarily due to soft demand for industrial products globally.
Idex (IEX) Misses Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Idex (IEX) delivered earnings and revenue surprises of -1.48% and -1.39%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
B vs. IEX: Which Stock Is the Better Value Option?
by Zacks Equity Research
B vs. IEX: Which Stock Is the Better Value Option?
3M (MMM) Q4 Earnings Fall Short of Estimates, Decline Y/Y
by Zacks Equity Research
3M's (MMM) fourth-quarter 2019 results reflect adverse impacts of a decline in organic sales, the Acelity buyout and organizational realignment charges. It initiated actions for transforming businesses.
Graco (GGG) Q4 Earnings and Sales Surpass Estimates, Up Y/Y
by Zacks Equity Research
Graco's (GGG) fourth-quarter earnings gain from growth in the Americas and EMEA, improved operating margin, and lower taxes. Revenues benefit from acquired assets, and favorable volume and price.
Industrial Stocks' Earnings Due on Jan 29: IR, SWK & More
by Zacks Equity Research
Impacts of soft industrial activities, tariff and forex issues, pricing actions and others are expected to get reflected in the results of industrial stocks, like IR and SWK, for the October-December quarter.
Applied Industrial (AIT) Posts In-Line Q2 Earnings, Cuts View
by Zacks Equity Research
Applied Industrial's (AIT) Q2 sales hurt by weakness in end-markets and slower demand in December. The company lowers fiscal 2020 projections due to market uncertainties.
Idex (IEX) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
Idex (IEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EnPro Divests Fairbanks Morse Business to Arcline for $450M
by Zacks Equity Research
The divestment of EnPro's (NPO) Fairbanks Morse business will enable it to focus more on core businesses. The net proceeds will be used to lower its debt, perform buyouts and share repurchases.
Graco Unveils Compact Dyna-Star Automatic Lubrication System
by Zacks Equity Research
Graco's (GGG) Compact Dyna-Star automatic lubrication system helps in meeting the lubrication requirements of heavy-duty earth-moving machines across extreme working conditions.
Flowserve (FLS) to Gain From Strong End Markets Amid Risks
by Zacks Equity Research
Flowserve (FLS) expects to benefit from near-term opportunities in the chemical market and disciplined capital-allocation strategy. However, high debt level poses a concern.
Graco (GGG) Introduces GLC X Controller & Auto Lube App
by Zacks Equity Research
Graco's (GGG) GLC X automatic lubrication controller and Auto Lube app can operate across diverse operating environments ranging from industrial plants to heavy-duty construction sites.
Middleby Buys RAM Fry Dispensers, Enhances Product Portfolio
by Zacks Equity Research
Middleby's (MIDD) acquisition of RAM Fry Dispensers will enable it to strengthen its product offering in the restaurant automation platform.
Honeywell Partners CounterPath for Communication Solution
by Zacks Equity Research
Honeywell (HON) teams up with CounterPath to develop Smart Talk and improve workers collaboration in several places including hospitals, stores and distribution centers.
Barnes Group (B) to Gain From Strong End Markets Amid Risks
by Zacks Equity Research
Barnes Group (B) expects to benefit from the IGS and Gimatics buyouts and strength in its aerospace aftermarket business. However, headwind in the Industrial segment remains a concern.
IDEX's (IEX) Prospects Encouraging Despite Escalating Costs
by Zacks Equity Research
IDEX (IEX) benefits from the Velcora Holding AB buyout, solid product portfoliIDEX's (IEX) Prospects Encouraging Amid Esco and growth investments. However, escalating cost of sales is a concern.
Dull Near-Term Prospects for Industrial Manufacturing Stocks
by Zacks Equity Research
The Manufacturing - General Industrial industry is facing material cost inflation issues. In the long term, technological advancement in manufacturing processes is likely to be a major growth driver.
Why Is Idex (IEX) Up 4.5% Since Last Earnings Report?
by Zacks Equity Research
Idex (IEX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
IDEX (IEX) Beats Q3 Earnings Estimates, Lowers Organic View
by Zacks Equity Research
IDEX's (IEX) third-quarter 2019 results gain from productivity initiatives. Organic performance suffers from global worries, leading to a revision in 2019 projections.
Idex (IEX) Q3 Earnings Surpass Estimates
by Zacks Equity Research
Idex (IEX) delivered earnings and revenue surprises of 4.11% and -2.73%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Industrial Stocks' Q3 Earnings on Oct 29: XRX, ETN & More
by Zacks Equity Research
Earnings and revenues for the Industrial Products sector in third-quarter 2019 are likely to have declined. Read to know how some of the companies from the sector might have fared.
IDEX's Diversified Business and Buyouts Aid Despite Forex Woes
by Zacks Equity Research
IDEX (IEX) gains from a diversified business structure, solid product offerings, acquired assets and shareholder-friendly policies. Geopolitical uncertainties and forex woes are headwinds.
Reasons Why Investors Should Avoid Altra Industrial Stock Now
by Zacks Equity Research
Altra Industrial (AIMC) suffers from forex-related woes, challenging end-market conditions, global uncertainties, high debts, and rise in costs and operating expenses.
IDEX (IEX) Shares Up 31% YTD: What's Driving the Rally?
by Zacks Equity Research
IDEX (IEX) is likely to continue benefiting from solid product portfolio, favorable end markets, buyouts and growth investments.