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.
On September 28, 2016, KONE Corporation stated that it expected its elevator sales in China to fall as much as 10% in 2016. UTX’s stock was essentially unmoved by this revelation.
United Technologies (UTX) earlier maintained that Pratt & Whitney was scheduled to deliver 200 geared turbofan (or GTF) engines in 2016.
Diversified conglomerate (IYJ) United Technologies (UTX) is set to declare its 3Q16 earnings before the market opens on October 25, 2016.
Investors who took positions in 3M at the beginning of the year would have made 15.9% on their investments by October 17, 2016.
At the Jefferies 2016 Industrials Conference, Gangestad said the interest rate is the biggest driver of pension expense over the next five years.
The connection between 3M (MMM) and Apple (AAPL) is probably not very intuitive given how coy 3M is about naming its customers.