Latest news with #industrialmachinery
Yahoo
14 hours ago
- Business
- Yahoo
Q1 Earnings Outperformers: GE Aerospace (NYSE:GE) And The Rest Of The General Industrial Machinery Stocks
Let's dig into the relative performance of GE Aerospace (NYSE:GE) and its peers as we unravel the now-completed Q1 general industrial machinery earnings season. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 1.5% below. Thankfully, share prices of the companies have been resilient as they are up 6.7% on average since the latest earnings results. One of the original 12 companies on the Dow Jones Industrial Average, General Electric (NYSE:GE) is a multinational conglomerate providing technologies for various sectors including aviation, power, renewable energy, and healthcare. GE Aerospace reported revenues of $9.00 billion, up 11.5% year on year. This print fell short of analysts' expectations by 7.9%, but it was still a satisfactory quarter for the company with an impressive beat of analysts' EBITDA estimates. Interestingly, the stock is up 40.1% since reporting and currently trades at $249.81. Is now the time to buy GE Aerospace? Access our full analysis of the earnings results here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Luxfer achieved the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 17.3% since reporting. It currently trades at $11.72. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 7.6% since the results and currently trades at $8.06. Read our full analysis of Icahn Enterprises's results here. With 19 different brands across the globe, Columbus McKinnon (NASDAQ:CMCO) offers material handling equipment for the construction, manufacturing, and transportation industries. Columbus McKinnon reported revenues of $246.9 million, down 7% year on year. This print came in 1.3% below analysts' expectations. Overall, it was a mixed quarter for the company. The stock is down 14.5% since reporting and currently trades at $15.17. Read our full, actionable report on Columbus McKinnon here, it's free. Originally founded in 1906 as a thermostat company, Honeywell (NASDAQ:HON) is a multinational conglomerate known for its aerospace systems, building technologies, performance materials, and safety and productivity solutions. Honeywell reported revenues of $9.82 billion, up 7.9% year on year. This result surpassed analysts' expectations by 2.5%. It was a very strong quarter as it also recorded a solid beat of analysts' EBITDA estimates. The stock is up 10.6% since reporting and currently trades at $221.72. Read our full, actionable report on Honeywell here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
3 days ago
- Business
- Yahoo
Q1 Earnings Outperformers: Otis (NYSE:OTIS) And The Rest Of The General Industrial Machinery Stocks
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Otis (NYSE:OTIS) and the rest of the general industrial machinery stocks fared in Q1. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 1.5% below. In light of this news, share prices of the companies have held steady as they are up 4% on average since the latest earnings results. Credited with inventing the first hydraulic passenger elevator, Otis Worldwide (NYSE:OTIS) is an elevator and escalator manufacturing, installation and service company. Otis reported revenues of $3.35 billion, down 2.5% year on year. This print was in line with analysts' expectations, but overall, it was a slower quarter for the company with a miss of analysts' organic revenue and EBITDA estimates. The stock is down 4.8% since reporting and currently trades at $94.09. Read our full report on Otis here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Luxfer delivered the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 13.2% since reporting. It currently trades at $11.31. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 4.7% since the results and currently trades at $8.32. Read our full analysis of Icahn Enterprises's results here. One of the original 12 companies on the Dow Jones Industrial Average, General Electric (NYSE:GE) is a multinational conglomerate providing technologies for various sectors including aviation, power, renewable energy, and healthcare. GE Aerospace reported revenues of $9.00 billion, up 11.5% year on year. This result lagged analysts' expectations by 7.9%. Taking a step back, it was a satisfactory quarter as it also recorded an impressive beat of analysts' EBITDA estimates but full-year EPS guidance missing analysts' expectations. The stock is up 34.4% since reporting and currently trades at $239.59. Read our full, actionable report on GE Aerospace here, it's free. Originally founded in 1906 as a thermostat company, Honeywell (NASDAQ:HON) is a multinational conglomerate known for its aerospace systems, building technologies, performance materials, and safety and productivity solutions. Honeywell reported revenues of $9.82 billion, up 7.9% year on year. This print surpassed analysts' expectations by 2.5%. It was a very strong quarter as it also put up a solid beat of analysts' EBITDA estimates. The stock is up 10.8% since reporting and currently trades at $222.25. Read our full, actionable report on Honeywell here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
19-06-2025
- Business
- Yahoo
Q1 General Industrial Machinery Earnings Review: First Prize Goes to Luxfer (NYSE:LXFR)
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at general industrial machinery stocks, starting with Luxfer (NYSE:LXFR). Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 15 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 1.5% below. In light of this news, share prices of the companies have held steady as they are up 4.6% on average since the latest earnings results. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year. This print exceeded analysts' expectations by 11.9%. Overall, it was an incredible quarter for the company with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Luxfer pulled off the biggest analyst estimates beat of the whole group. Unsurprisingly, the stock is up 15.7% since reporting and currently trades at $11.56. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Originally founded in 1906 as a thermostat company, Honeywell (NASDAQ:HON) is a multinational conglomerate known for its aerospace systems, building technologies, performance materials, and safety and productivity solutions. Honeywell reported revenues of $9.82 billion, up 7.9% year on year, outperforming analysts' expectations by 2.5%. The business had a very strong quarter with a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 10.6% since reporting. It currently trades at $221.85. Is now the time to buy Honeywell? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 1.1% since the results and currently trades at $8.63. Read our full analysis of Icahn Enterprises's results here. A company that manufactured critical equipment for the United States military during World War II, Dover (NYSE:DOV) manufactures engineered components and specialized equipment for numerous industries. Dover reported revenues of $1.87 billion, flat year on year. This print missed analysts' expectations by 0.7%. It was a slower quarter as it also produced a significant miss of analysts' adjusted operating income estimates and a slight miss of analysts' organic revenue estimates. The stock is up 5.6% since reporting and currently trades at $175.70. Read our full, actionable report on Dover here, it's free. One of the original 12 companies on the Dow Jones Industrial Average, General Electric (NYSE:GE) is a multinational conglomerate providing technologies for various sectors including aviation, power, renewable energy, and healthcare. GE Aerospace reported revenues of $9.00 billion, up 11.5% year on year. This result lagged analysts' expectations by 7.9%. Zooming out, it was a satisfactory quarter as it also logged an impressive beat of analysts' EBITDA estimates but full-year EPS guidance missing analysts' expectations. The stock is up 31.8% since reporting and currently trades at $235.01. Read our full, actionable report on GE Aerospace here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
01-06-2025
- Business
- Yahoo
Q1 Earnings Roundup: 3M (NYSE:MMM) And The Rest Of The General Industrial Machinery Segment
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at 3M (NYSE:MMM) and the best and worst performers in the general industrial machinery industry. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 14 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1.5% while next quarter's revenue guidance was 1.5% below. Thankfully, share prices of the companies have been resilient as they are up 5.9% on average since the latest earnings results. Producers of the first asthma inhaler, 3M Company (NYSE:MMM) is a global conglomerate known for products in industries like healthcare, safety, electronics, and consumer goods. 3M reported revenues of $5.78 billion, down 3.9% year on year. This print exceeded analysts' expectations by 1.5%. Overall, it was a strong quarter for the company with an impressive beat of analysts' adjusted operating income estimates. The stock is up 18.6% since reporting and currently trades at $149.40. Is now the time to buy 3M? Access our full analysis of the earnings results here, it's free. With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries. Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts' expectations by 11.9%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Luxfer achieved the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 16.4% since reporting. It currently trades at $11.63. Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it's free. Founded in 1987, Icahn Enterprises (NASDAQ: IEP) is a diversified holding company primarily engaged in investment and asset management across various sectors. Icahn Enterprises reported revenues of $1.87 billion, down 24.6% year on year, falling short of analysts' expectations by 29%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Icahn Enterprises delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 1.9% since the results and currently trades at $8.56. Read our full analysis of Icahn Enterprises's results here. Founded with a $2,500 loan, L.B. Foster (NASDAQ:FSTR) is a provider of products and services for the transportation and energy infrastructure sectors, including rail products, construction materials, and coating solutions. L.B. Foster reported revenues of $97.79 million, down 21.3% year on year. This number came in 14.5% below analysts' expectations. Taking a step back, it was a mixed quarter as it also produced full-year EBITDA guidance exceeding analysts' expectations but a significant miss of analysts' EBITDA estimates. L.B. Foster scored the highest full-year guidance raise among its peers. The stock is down 7.2% since reporting and currently trades at $18.95. Read our full, actionable report on L.B. Foster here, it's free. Tracing back to its invention of the mechanical milk bottle filler in 1884, John Bean (NYSE:JBT) designs, manufactures, and sells equipment used for food processing and aviation. John Bean reported revenues of $854.1 million, up 118% year on year. This print topped analysts' expectations by 2.6%. It was a very strong quarter as it also logged a solid beat of analysts' EBITDA estimates and EPS guidance for next quarter exceeding analysts' expectations. John Bean achieved the fastest revenue growth among its peers. The stock is up 6.5% since reporting and currently trades at $114.06. Read our full, actionable report on John Bean here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
