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Danaher 3Q Results Beat Estimate - Analyst Blog
Thursday, October 21, 2010 - 11:33am | 494Danaher Corporation's (DHR) third quarter 2010 financial results were impressive as adjusted earnings per share of 60 cents increased 33% over 45 cents reported in the year-ago quarter. Results also surpassed the Zacks Consensus estimate of 55 cents and the company's guidance range of 50-55 cents...
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Danaher 3Q Results Beat Estimate - Analyst Blog
Thursday, October 21, 2010 - 11:33am | 494Danaher Corporation's (DHR) third quarter 2010 financial results were impressive as adjusted earnings per share of 60 cents increased 33% over 45 cents reported in the year-ago quarter. Results also surpassed the Zacks Consensus estimate of 55 cents and the company's guidance range of 50-55 cents...
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Met-Pro Corporation Increases Cash Dividend to 6.6 Cents
Thursday, October 21, 2010 - 10:10am | 53Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Board of Directors, at their meeting on October 20, 2010, increased the quarterly dividend by 10% from $0.06 to $0.066 per share. This equates to $0.266 per share on an...
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Oppenheimer Raises Eaton Corporation Estimates
Thursday, October 21, 2010 - 8:01am | 132Eaton Corporation (NYSE: ETN) reported robust 3Q operating EPS of $1.60 (GAAP EPS was $1.57), beating Oppenheimer's $1.38 estimate (at consensus), and up 32% vs. $1.21 last year. “The beat and raise was broad-based with early cycle businesses (Hydraulics, Truck, and Auto) expected to remain strong...
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Briggs & Stratton Corporation Reports Q1 EPS of ($.16)
Thursday, October 21, 2010 - 7:54am | 210Briggs & Stratton Corporation (NYSE: BGG) today announced consolidated results for Q1 2011: Fiscal 2011 first quarter consolidated net sales were $334.1 million and the consolidated net loss was $8.1 million or $0.16 per diluted share. The first quarter of fiscal 2010 had consolidated net...
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Goldman Moves Up Target On Eaton (ETN)
Thursday, October 21, 2010 - 7:53am | 130Goldman Sachs moved its price target on Eaton Corporation (NYSE: ETN) to $103 from $87, but kept its Neutral rating after the company reported earnings yesterday. In a note to its investors, Goldman writes, "We maintain our Neutral rating, though momentum remains very strong — with still more...
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Briggs & Stratton Corporation Reports Improved Sales Results
Thursday, October 21, 2010 - 7:52am | 150Briggs & Stratton Corporation (NYSE: BGG) today announced financial results for its first quarter ended September 26, 2010. Highlights: First quarter fiscal 2011 consolidated net sales of $334.1 million, representing an increase of $9.5 million or 2.9% from the first quarter of fiscal 2010...
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Strong Quarter for Badger Meter - Analyst Blog
Thursday, October 21, 2010 - 7:06am | 633Badger Meter Inc. (BMI) delivered a strong third quarter which ended September 30, 2010, with record EPS of 60 cents, up 28% from 47 cents in the year ago quarter and surpassing the Zacks Consensus Estimate of 52 cents. The strong results were driven by robust sales across all of its product...
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Citi Ups Price Target On Eaton (ETN)
Thursday, October 21, 2010 - 6:42am | 139Citi Investment Research raised its price target on Eaton Corporation (NYSE: ETN) to $105 from $90, after the company reported better than expected earnings yesterday. It has a Buy rating on shares. In a note to clients, Citi writes, "We continue to believe that the build-out of higher-margin/...
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Strong Quarter for Badger Meter - Analyst Blog
Wednesday, October 20, 2010 - 6:54pm | 633Badger Meter Inc. (BMI) delivered a strong third quarter which ended September 30, 2010, with record EPS of 60 cents, up 28% from 47 cents in the year ago quarter and surpassing the Zacks Consensus Estimate of 52 cents. The strong results were driven by robust sales across all of its product...
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Eaton Outdoes Estimates - Analyst Blog
Wednesday, October 20, 2010 - 6:54pm | 677Eaton Corporation (ETN) reported robust third quarter 2010 results mainly upon a 14% end-market growth. Earnings per share, excluding acquisition-related integration charges, came in at $1.60, beating the Zacks Consensus Estimate of $1.38 and exceeded the company's guidance range of $1.25 - $1.35....
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Graco Beats Estimates
Wednesday, October 20, 2010 - 5:15pm | 124Graco Inc. (NYSE: GGG) reports Q3 earnings of $0.50 versus consensus of $0.39. Graco Inc. reports revenues of $190 million versus consensus of $180.60 million. “Revenue growth continued to drive improved earnings,” said Patrick J. McHale, President and Chief Executive Officer. “Sales gains were...
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Graco Reports Third Quarter Earnings per Share of $.50
Wednesday, October 20, 2010 - 5:01pm | 30Graco Inc. (NYSE: GGG) today announced results for the quarter and nine months ended September 24, 2010. Net Sales $ 190.0M Net Earnings $ 30.4M EPS $.50
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Omega Flex Announces Third Quarter Earnings of $.08 per Share
Wednesday, October 20, 2010 - 4:52pm | 26Omega Flex (Nasdaq: OFLX) today reported its results of operations for the Third Quarter, 2010: Revenues $11,648,000 Net income $843,000 EPS $0.08
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Eaton's (ETN) Combination of Domestic Cost Cutting and Foreign Sales Displays the Power of Multinational Industrials
Wednesday, October 20, 2010 - 1:55pm | 1288I've called U.S. multinationals the new masters of the universe for quite a while; even before the Great Recession the trend of outsourcing labor (reducing costs) and increasing foreign sales, with a weak U.S. dollar was a mega trend. Now these catalysts have only accelerated... of course there...