Cost Management, Acquisitions and Technologies that Improve Performance, and Provide Superior Solutions - Research Report on Spirit AeroSystems, Exelis, Triumph Group, Hexcel, and Teledyne
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NEW YORK, August 8, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Spirit AeroSystems Holdings Inc (NYSE: SPR), Exelis, Inc. (NYSE: XLS), Triumph Group, Inc. (NYSE: TGI), Hexcel Corp. (NYSE: HXL), and Teledyne Technologies Inc. (NYSE: TDY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Spirit AeroSystems Holdings Inc Research Report
On July 26, 2013, Spirit AeroSystems, Inc. (Spirit AeroSystems) marked the completion of the first forward fuselage section, Section 41, destined for integration into the Boeing KC-46A tanker. "We are proud to be part of the next generation of aerial refueling tankers, and to support our war fighters both home and abroad by providing this critical capability," said Kris Atcheson, KC-46 Program Director at Spirit AeroSystems. "Our integrated product team has been working for several years to design the next-generation tanker utilizing the latest design and manufacturing techniques to ensure the highest quality, performance and safety for Boeing and its end-user customer in the Air Force." The Full Research Report on Spirit AeroSystems Holdings Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/SPR]
Exelis, Inc. Research Report
On August 2, 2013, Exelis, Inc. (Exelis) reported its Q2 2013 financial results. The Company reported a 9.3% YoY decline in its total revenue to c.$1.3 billion. Operating income came in at $127 million, compared to $145 million in Q2 2012. Net income for the quarter came in at $0.41 per diluted share, lower as compared with $0.46 in Q2 2012. The Company also reported that its orders increased 14% YoY on strength in C4ISR segment. "During the second quarter, we demonstrated particular success in both retaining core programs and in securing a wide variety of new business across both segments," said Exelis Chief Executive Officer and President David F. Melcher. "We remain on-track to deliver results in line with our expectations for 2013 and will continue to proactively align our strategy and operations with the market environment to deliver affordable, world-class solutions for our customers." Exelis reaffirmed its 2013 outlook with sales in the range of $5 billion to $5.1 billion and EPS in the range of $1.45 to $1.55. The Full Research Report on Exelis, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/XLS]
Triumph Group, Inc. Research Report
On July 25, 2013, Triumph Group, Inc. (Triumph Group) reported its Q1 FY 2014 financial results (period ended June 30, 2013). The Company reported net sales of $943.7 million, representing a 6.3% YoY growth. Net income came in at $79.0 million or $1.50 per diluted share, compared to $76.3 million or $1.46 per diluted share in Q1 FY 2013. Commenting on the Company's performance and its outlook for FY 2014, Jeffry D. Frisby, Triumph's President and Chief Executive Officer, said, "Triumph delivered a solid first quarter of performance to begin this fiscal year. During the quarter, our same store backlog grew both sequentially and year over year as we continued to execute well and reduce costs." Triumph reaffirmed its revenue guidance for FY 2014 with revenues in the range of $3.8 billion to $4.0 billion and EPS in the range of $5.65 to $5.75 per diluted share. The Full Research Report on Triumph Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/TGI]
Hexcel Corp. Research Report
On July 22, 2013, Hexcel Corp. (Hexcel) announced the appointment of Nick L. Stanage as President and Chief Executive Officer of the Company and a member of its Board of Directors. Hexcel further informed that Mr. David E. Berges has been appointed as the Executive Chairman of the Board until his retirement on December 31, 2013. Mr. Berges commented, "This announcement is the final step in Hexcel's carefully orchestrated succession process to ensure an orderly transition. Over the last three years, Nick Stanage has gained the confidence of the Board, the global organization, our customers, and suppliers while delivering record performance. I am delighted that the Board considers him well prepared to take on this additional responsibility." The Full Research Report on Hexcel Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/HXL]
Teledyne Technologies Inc. Research Report
On July 25, 2013, Teledyne Technologies Inc. (Teledyne) announced its Q2 2013 financial results with total sales of $601.0 million, an increase of 15.9% YoY. Net income attributable to Teledyne was $42.9 million or $1.13 per diluted share, against $39.5 million or $1.06 per diluted share in Q2 2012. "Quarterly sales were an all-time record and increased 15.9% compared to last year. Due to record sales to commercial and international customers, we also achieved reasonable organic growth of 2.9% in the quarter," said Robert Mehrabian, Chairman, President and CEO. "Largely due to recent acquisitions and charges associated with cost reduction efforts, margins declined compared to last year. However, overall operating margin increased 45 basis points sequentially from the first quarter of 2013." The Company anticipates its Q3 2013 diluted EPS to be in the range of $1.10 to $1.15 and full year FY 2013 diluted EPS to be in the range of $4.50 to $4.55. The Full Research Report on Teledyne Technologies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-05/TDY]
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