Emerson Electric’s sales in fiscal 2017 are expected to fall between 1% and 3% on an organic as well as net sales basis.
Emerson Electric’s Industrial Automation and Process Management segments saw sales declines of 7% and 11%, respectively, in organic terms.
The consensus estimate for Emerson Electric’s adjusted EPS was $0.89, but the company posted adjusted EPS of $0.96, which is 3.2% higher than in 4Q15.
Danaher (DHR) is exposed to academic research end markets through some of its businesses, such as Leica Microsystems.
Danaher’s sales in 3Q16 rose 17.5% to $4.1 billion, eclipsing estimates by $3 million. Almost 14.5% of this came from the acquisition of Pall Corporation.
On October 12, Danaher announced its an agreement to acquire Phenomenex, a privately held manufacturer of separation and purification consumables.
Danaher (DHR) reported adjusted EPS of $0.87, which beat consensus estimates by $0.05. In growth terms, the adjusted EPS was 22.5% YoY.
General Electric (GE) has a Wall Street analyst consensus rating of 3.96, indicating a “buy” on its stock.
General Electric’s Oil and Gas segment’s revenue fell to 25% in 3Q16 to $2.9 billion, while the segment’s profit fell 42% in 3Q16.
General Electric’s (GE) Power (XOP) segment is its largest business unit. It contributed 23.7% of GE’s industrial revenue before corporate eliminations in 3Q16.
After the Power business, Aviation is General Electric’s (GE) second-largest segment. The segment contributed 23% to the company’s industrial revenue in 3Q16. In the same quarter, its revenue was $6.3 billion,…
Though GE was able to exceed analysts’ EPS (earnings per share) forecast, the company couldn’t meet revenue expectations.
General Electric (GE), one of the most iconic US companies, announced its 3Q16 results on October 21, 2016. The company surpassed analysts’ earnings estimate by 6.7%.
In 2017, Honeywell expects core sales to grow in the low-single digits. Apart from the Aerospace segment, it expects core growth in all of the other segments.
On October 15, 190 countries signed an international agreement in Rwanda to phase out HFCs (hydrofluorocarbons) over the next 30 years.
Honeywell’s sales in the quarter rose 2% to $9.8 billion due to the integration of acquisitions made last year. On a core organic basis, sales fell 3%.
Honeywell (HON) released its 3Q16 earnings on October 21. It provided a business update earlier in the month, but there were a few surprises in the release.
Among the analysts surveyed by Bloomberg, ten have “buy” recommendations on United Technologies (UTX), and 13 have rated it as a “hold.”
United Technologies’ (UTX) Otis segment has an installed base of around 1.1 million elevators, with most of its customers in France, Italy, and Spain.
At the Morgan Stanley Laguna Conference in September 2016, Gregory Hayes stated that every 10-basis-point change in 10-Year Treasury rates resulted in a $30 million cost or benefit to UTX.