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Zacks News
Illinois Tool's (ITW) Board Approves 7% Hike in Dividend Rate
by Zacks Equity Research
Illinois Tool (ITW), in sync with its shareholder-friendly policies, hikes the quarterly dividend rate by 7%. The increased dividend rate will be paid on Oct 9.
Fortune Brands' (FBHS) Q2 Earnings In Line, Revenues Miss
by Zacks Equity Research
Fortune Brands' (FBHS) second-quarter 2019 earnings increase year over year on the back of sales growth.
Sealed Air's (SEE) Earnings Trump Estimates in Q2, View Up
by Zacks Equity Research
Sealed Air (SEE) puts up a stellar performance on strong execution of the company's Reinvent SEE strategy in Q2.
MRC Global (MRC) Lags Q2 Earnings Estimates, Revises View
by Zacks Equity Research
MRC Global's (MRC) second-quarter 2019 earnings suffer from weakness in segmental businesses. It lowers revenue view for 2019 based on concerns over weak consumer spending.
RBC Bearings (ROLL) Q1 Earnings Top Estimates, Revenues Lag
by Zacks Equity Research
RBC Bearings' (ROLL) first-quarter fiscal 2020 earnings gain on revenue and margin improvements. Plain bearings and Roller bearings segments perform well.
Cimpress' (CMPR) Q4 Earnings and Revenues Increase Y/Y
by Zacks Equity Research
Cimpress' (CMPR) fiscal Q4 earnings jump year over year on the back of solid performance across most of its segments.
Parker-Hannifin's (PH) Q4 Earnings & Revenues Top Estimates
by Zacks Equity Research
Parker-Hannifin's (PH) Q4 earnings rise but revenues fall on a year-over-year basis.
Ball Corp's (BLL) Earnings and Sales Miss Estimates in Q2
by Zacks Equity Research
Higher global beverage can volume aid Ball Corp's (BLL) bottom-line performance in Q2 and will likely buoy results in the upcoming quarters as well.
Flowserve (FLS) Surpasses Q2 Earnings Estimates, Raises View
by Zacks Equity Research
Flowserve's (FLS) second-quarter 2019 results gain from improvement in sales, margins and fall in interest expenses. It increases projections for earnings in 2019.
Xylem (XYL) Posts In-Line Earnings & Sales in Q2, Lowers View
by Zacks Equity Research
Xylem's (XYL) second-quarter 2019 earnings meet estimates and improve year over year on sales growth and margin improvement. The company lowers 2019 earnings projection.
Terex (TEX) Misses on Q2 Earnings & Revenues, Lowers Guidance
by Zacks Equity Research
Terex (TEX) trimmed 2019 earnings and revenue guidance owing to earnings miss in Q2 and lower expectations for the Aerial Work Platforms segment.
Berry Global (BERY) Q3 Earnings & Revenues Miss, Decline Y/Y
by Zacks Equity Research
Berry Global's (BERY) third-quarter fiscal 2019 earnings and revenues decline primarily on account of lower organic sales.
Rexnord (RXN) Earnings Surpass Estimates in Q1, Sales Lag
by Zacks Equity Research
Rexnord's (RXN) first-quarter fiscal 2020 earnings benefit from organic sales growth, buyouts, initiatives and improved margin profile.
Industrial Manufacturing Outlook: Near-Term Prospects Bleak
by Avisekh Bhattacharjee
The Manufacturing - General Industrial industry is currently facing material cost inflation woes. In the long term, technological advancement in manufacturing processes will be a major growth driver.
A. O. Smith (AOS) Q2 Earnings and Revenues Miss, Down Y/Y
by Zacks Equity Research
A. O. Smith's (AOS) second-quarter 2019 earnings decline year over year on account of fall of sales in China and North America.
Ingersoll-Rand (IR) Tops Q2 Earnings Estimates, Raises View
by Zacks Equity Research
Ingersoll-Rand's (IR) second-quarter earnings gain from sales and margin growth. It raises earnings and sales view for 2019, driven by the Precision Flow Systems buyout and strengthening HVAC markets.
Silgan (SLGN) Q2 Earnings & Sales Beat Estimates, Up Y/Y
by Zacks Equity Research
Silgan (SLGN) puts up a stellar performance on strong metal container volume in Q2.
Barnes Group (B) Q2 Earnings & Revenues Miss, Decline Y/Y
by Zacks Equity Research
Barnes Group's (B) Q2 earnings and revenues decline year over year primarily on account of softness in its automotive end markets.
Altra Industrial (AIMC) Q2 Earnings & Sales Miss, View Down
by Zacks Equity Research
Altra Industrial's (AIMC) second-quarter 2019 earnings suffer from higher costs of sales, and operating and interest expenses. It lowers projection for 2019 due to end-market and macro woes.
IDEX (IEX) Beats on Q2 Earnings, Revises Earnings & Sales View
by Zacks Equity Research
IDEX's (IEX) second-quarter 2019 results gain from healthy organic sales growth and margin improvement. It increases earnings projection for 2019 while lowers the same for organic sales growth.
Illinois Tool (ITW) Beats on Q2 Earnings, Lowers Organic View
by Zacks Equity Research
Illinois Tool's (ITW) second-quarter 2019 earnings gains year over year on margin improvement and lower share count. It lowers organic sales estimates for 2019.
Packaging Corp's (PKG) Q2 Earnings as Expected, Increase Y/Y
by Zacks Equity Research
Packaging Corp's (PKG) bottom line declines due to higher operating and converting costs, lower volume in the Paper segment and higher annual outage expenses.
Roper (ROP) Q2 Earnings Surpass Estimates, Revenues Miss
by Zacks Equity Research
Roper's (ROP) Q2 earnings and revenues rise year over year on the back of solid performance across Application Software and Network Software & Systems segments.
Rockwell Automation (ROK) Beats on Q3 Earnings, Trims View
by Zacks Equity Research
Rockwell Automation (ROK) delivered an earnings beat in the third quarter but trimmed fiscal 2019 guidance as uncertainty with respect to global trade is weighing on customer buying patterns.
Roper Technologies (ROP) Q2 Earnings Top Estimates
by Zacks Equity Research
Roper Technologies (ROP) delivered earnings and revenue surprises of 0.99% and -1.55%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?