NEW YORK, October 29, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting General Electric Company (NYSE: GE), Generac Holdings Inc. (NYSE: GNRC), Flowserve Corporation (NYSE: FLS), Dover Corporation (NYSE: DOV), and Pall Corporation (NYSE: PLL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Electric Company Research Report
On October 24, 2013, General Electric Company (GE) reported that its commercial aircraft leasing and financing arm, GE Capital Aviation Services Limited (GECAS), announced the delivery of a new Airbus A320 to Spring Airlines for expanding latter's fleet. The Company informed that the aircraft comes from GECAS' existing order book with Airbus. The Full Research Report on General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6f32_GE]
Generac Holdings Inc. Research Report
On October 24, 2013, Generac Holdings Inc. (Generac) reported its Q3 2013 financial results. The Company's net sales increased 20.9% YoY to $363.3 million. Net income was $47.1 million, or $0.67 per diluted share compared with $25.5 million, or $0.37 per share, in Q3 2012. Aaron Jagdfeld, President and CEO of Generac, commented, "We experienced double-digit organic revenue growth again during the quarter as a result of increased spending from our national account customers and continued adoption of standby generators for both residential and commercial applications." For full-year 2013, the Company expects its net sales to increase in the low-to-mid 20% range YoY. The Full Research Report on Generac Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2bd4_GNRC]
Flowserve Corporation Research Report
On October 24, 2013, Flowserve Corporation (Flowserve) reported its Q3 2013 financial results. The Company reported sales of $1.2 billion, up 5.4 % YoY. Net earnings attributable to Flowserve were $126.3 million, or $0.90 per diluted share, compared to $106.3 million, or $0.69 per diluted share, in Q3 2012. Commenting on the results, Mike Taff, Senior Vice President and CFO of Flowserve, stated, "For the third quarter of 2013, our single-digit revenue increase produced solid operating leverage and incremental margins. These improvements, when combined with the share count reduction, delivered EPS growth over 30%." He Continued, "We are encouraged by the year-to-date results we have delivered with a more level-loaded business, but we still anticipate the fourth quarter to be the pinnacle of the full year. As such, we have increased the lower-end of our prior guidance range, and now expect 2013 EPS between $3.33 and $3.53." The Full Research Report on Flowserve Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f1c0_FLS]
Dover Corporation Research Report
On October 17, 2013, Dover Corporation (Dover) reported its Q3 2013 financial results. During the quarter, the Company's revenue totaled $2.3 billion, up 7.4% YoY. Net earnings were $269.1 million or $1.56 per diluted share, compared with $241 million or $1.31 per diluted share in Q3 2012. Robert A. Livingston, President and CEO of Dover, commented, "I am pleased with our strong third quarter results, which were driven by broad-based organic growth across all segments." He Continued, "While our overall third quarter performance was strong, market conditions proved to be softer than anticipated. As a result, we are revising our organic growth expectations to the low-end of our prior range, and now expect full year growth of about 3%. Our acquisition growth remains unchanged at 4%, resulting in total full-year revenue growth of approximately 7%. Based on this revised revenue guidance, we are narrowing our full year EPS guidance to the range of $5.57 to $5.64." The Full Research Report on Dover Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/66a8_DOV]
Pall Corporation Research Report
On October 15, 2013, Pall Corporation (Pall) opened the Pall Life Sciences Centre of Excellence (CoE) at its new Zhangjiang site in Shanghai, People's Republic of China. The Company stated that the new CoE offers biopharmaceutical process solutions, technical and validation support, and training, extending Pall's local capabilities for its growing base of life sciences customers in the region. Hang Gek Low, Vice President of Pall China, stated, "China is an important market for Pall and long-term, favorable economic trends give us the confidence to continue development in the potentially high-growth region. The establishment of the Shanghai CoE enhances our ability to service customers in the area while enabling us to provide dedicated support for Chinese enterprises exploring overseas markets." The Full Research Report on Pall Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d2f7_PLL]
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner